First Citizens BancShares
FCNCA
145 hedge funds and large institutions have $1.84B invested in First Citizens BancShares in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 42 increasing their positions, 52 reducing their positions, and 20 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.88% less ownership
Funds ownership: 50.74% → 49.86% (-0.88%)
7% less capital invested
Capital invested by funds: $1.98B → $1.84B (-$142M)
9% less funds holding
Funds holding: 159 → 145 (-14)
19% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 52
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$178M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$75.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.47M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$5.08M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$4.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$37.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.3M |
| 3 |
HCM
Huber Capital Management
El Segundo,
California
|
-$21M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$18.6M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$14.4M |
FCNCA Hedge Fund Activity: Q1 2017 in Review
145 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q1 2017, worth a combined $1.84B — down 7.2% from $1.98B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FCNCA and 12 opened new positions — a net loss of 8 holders — while 52 trimmed existing stakes and 42 added.
The largest buyer was BlackRock, adding an estimated $178M. The largest seller was Bank of America, cutting an estimated $37.8M.
- 145 institutional investors held First Citizens BancShares (FCNCA) as of Q1 2017, down from 159 in Q4 2016.
- Funds reported $1.84B of First Citizens BancShares stock for Q1 2017, down 7.2% quarter-over-quarter.
- 12 funds opened new First Citizens BancShares positions in Q1 2017 and 20 closed out, a net change of -8 holders.
- The largest First Citizens BancShares buyer in Q1 2017 was BlackRock, an estimated $178M added.
- The largest First Citizens BancShares seller in Q1 2017 was Bank of America, an estimated $37.8M sold.
Based on aggregated 13F filings for Q1 2017.