First Citizens BancShares
FCNCA
395 hedge funds and large institutions have $6.72B invested in First Citizens BancShares in 2022 Q4 according to their latest regulatory filings, with 73 funds opening new positions, 110 increasing their positions, 128 reducing their positions, and 39 closing their positions.
87% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 39
8% more funds holding
Funds holding: 367 → 395 (+28)
2.25% more ownership
Funds ownership: 64.97% → 67.23% (+2.3%)
13% less capital invested
Capital invested by funds: $7.75B → $6.72B (-$1.03B)
14% less repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 128
24% less call options, than puts
Call options by funds: $57M | Put options by funds: $75.4M
47% less funds holding in top 10
Funds holding in top 10: 17 → 9 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$89.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$39.1M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$33M |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$20.8M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$137M |
| 2 |
BlackRock
New York
|
-$136M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$101M |
| 4 |
Harris Associates
Chicago,
Illinois
|
-$70.6M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$56.3M |
FCNCA Hedge Fund Activity: Q4 2022 in Review
395 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q4 2022, worth a combined $6.72B — down 13% from $7.75B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new FCNCA positions and 39 closed out — a net gain of 34 holders — while 110 added to existing stakes and 128 trimmed.
The largest buyer was Lone Pine Capital, adding an estimated $89.5M. The largest seller was Vanguard Group, cutting an estimated $137M.
- 395 institutional investors held First Citizens BancShares (FCNCA) as of Q4 2022, up from 367 in Q3 2022.
- Funds reported $6.72B of First Citizens BancShares stock for Q4 2022, down 13% quarter-over-quarter.
- 73 funds opened new First Citizens BancShares positions in Q4 2022 and 39 closed out, a net change of +34 holders.
- The largest First Citizens BancShares buyer in Q4 2022 was Lone Pine Capital, an estimated $89.5M added.
- The largest First Citizens BancShares seller in Q4 2022 was Vanguard Group, an estimated $137M sold.
Based on aggregated 13F filings for Q4 2022.