First Citizens BancShares
FCNCA
168 hedge funds and large institutions have $2.26B invested in First Citizens BancShares in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 47 increasing their positions, 72 reducing their positions, and 17 closing their positions.
8% more capital invested
Capital invested by funds: $2.1B → $2.26B (+$161M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.66% less ownership
Funds ownership: 49.08% → 48.41% (-0.66%)
5% less funds holding
Funds holding: 177 → 168 (-9)
35% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 72
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$21M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$14.5M |
| 3 |
Renaissance Technologies
New York
|
+$10.5M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.55M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$22.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$19M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$14.2M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$12.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$12M |
FCNCA Hedge Fund Activity: Q2 2019 in Review
168 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q2 2019, worth a combined $2.26B — up 7.7% from $2.1B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FCNCA and 10 opened new positions — a net loss of 7 holders — while 72 trimmed existing stakes and 47 added.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $21M. The largest seller was Millennium Management, cutting an estimated $22.6M.
- 168 institutional investors held First Citizens BancShares (FCNCA) as of Q2 2019, down from 177 in Q1 2019.
- Funds reported $2.26B of First Citizens BancShares stock for Q2 2019, up 7.7% quarter-over-quarter.
- 10 funds opened new First Citizens BancShares positions in Q2 2019 and 17 closed out, a net change of -7 holders.
- The largest First Citizens BancShares buyer in Q2 2019 was Thrivent Financial for Lutherans, an estimated $21M added.
- The largest First Citizens BancShares seller in Q2 2019 was Millennium Management, an estimated $22.6M sold.
Based on aggregated 13F filings for Q2 2019.