First Citizens BancShares
FCNCA
176 hedge funds and large institutions have $1.25B invested in First Citizens BancShares in 2020 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 41 increasing their positions, 72 reducing their positions, and 16 closing their positions.
81% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 16
7% more funds holding
Funds holding: 164 → 176 (+12)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.81% less ownership
Funds ownership: 45.48% → 44.66% (-0.81%)
26% less capital invested
Capital invested by funds: $1.69B → $1.25B (-$435M)
43% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$25.7M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$18.5M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$4.35M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$3.03M |
| 5 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
+$2.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$57.6M |
| 2 |
BlackRock
New York
|
-$21.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$18.7M |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$15.8M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$8.87M |
FCNCA Hedge Fund Activity: Q3 2020 in Review
176 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q3 2020, worth a combined $1.25B — down 26% from $1.69B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FCNCA positions and 16 closed out — a net gain of 13 holders — while 41 added to existing stakes and 72 trimmed.
The largest buyer was Wells Fargo, adding an estimated $25.7M. The largest seller was Fidelity Investments, cutting an estimated $57.6M.
- 176 institutional investors held First Citizens BancShares (FCNCA) as of Q3 2020, up from 164 in Q2 2020.
- Funds reported $1.25B of First Citizens BancShares stock for Q3 2020, down 26% quarter-over-quarter.
- 29 funds opened new First Citizens BancShares positions in Q3 2020 and 16 closed out, a net change of +13 holders.
- The largest First Citizens BancShares buyer in Q3 2020 was Wells Fargo, an estimated $25.7M added.
- The largest First Citizens BancShares seller in Q3 2020 was Fidelity Investments, an estimated $57.6M sold.
Based on aggregated 13F filings for Q3 2020.