First Citizens BancShares
FCNCA
557 hedge funds and large institutions have $14.5B invested in First Citizens BancShares in 2024 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 174 increasing their positions, 197 reducing their positions, and 58 closing their positions.
47% more call options, than puts
Call options by funds: $179M | Put options by funds: $121M
36% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 58
16% more capital invested
Capital invested by funds: $12.4B → $14.5B (+$2.02B)
2% more funds holding
Funds holding: 544 → 557 (+13)
0.64% more ownership
Funds ownership: 64.88% → 65.52% (+0.64%)
4% less funds holding in top 10
Funds holding in top 10: 28 → 27 (-1)
12% less repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 197
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$274M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$70.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$63.4M |
| 4 |
Goldman Sachs
New York
|
+$58.5M |
| 5 |
BlackRock
New York
|
+$52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
MFN Partners
Boston,
Massachusetts
|
-$92.7M |
| 2 |
Morgan Stanley
New York
|
-$87.5M |
| 3 |
ACM
Alua Capital Management
New York
|
-$84.6M |
| 4 |
Coatue Management
New York
|
-$82.3M |
| 5 |
D.E. Shaw & Co
New York
|
-$41.2M |
FCNCA Hedge Fund Activity: Q1 2024 in Review
557 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q1 2024, worth a combined $14.5B — up 16% from $12.4B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new FCNCA positions and 58 closed out — a net gain of 21 holders — while 174 added to existing stakes and 197 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $274M. The largest seller was MFN Partners, exiting entirely with an estimated $92.7M sold.
- 557 institutional investors held First Citizens BancShares (FCNCA) as of Q1 2024, up from 544 in Q4 2023.
- Funds reported $14.5B of First Citizens BancShares stock for Q1 2024, up 16% quarter-over-quarter.
- 79 funds opened new First Citizens BancShares positions in Q1 2024 and 58 closed out, a net change of +21 holders.
- The largest First Citizens BancShares buyer in Q1 2024 was Capital Research Global Investors, an estimated $274M added.
- The largest First Citizens BancShares seller in Q1 2024 was MFN Partners, an estimated $92.7M sold.
Based on aggregated 13F filings for Q1 2024.