First Citizens BancShares
FCNCA
144 hedge funds and large institutions have $2.04B invested in First Citizens BancShares in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 42 increasing their positions, 51 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
11% more capital invested
Capital invested by funds: $1.84B → $2.04B (+$200M)
0.12% less ownership
Funds ownership: 49.86% → 49.73% (-0.12%)
1% less funds holding
Funds holding: 145 → 144 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
18% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$49.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.01M |
| 3 |
FTIOP
Fiduciary Trust International of Pennsylvania
Radnor,
Pennsylvania
|
+$3.96M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.78M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$35.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$16.8M |
| 3 |
BlackRock
New York
|
-$4.69M |
| 4 |
Morgan Stanley
New York
|
-$4.22M |
| 5 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$3.96M |
FCNCA Hedge Fund Activity: Q2 2017 in Review
144 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q2 2017, worth a combined $2.04B — up 11% from $1.84B a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FCNCA and 9 opened new positions — a net loss of 1 holder — while 51 trimmed existing stakes and 42 added.
The largest buyer was Fidelity Investments, adding an estimated $49.2M. The largest seller was Wellington Management Group, cutting an estimated $35.3M.
- 144 institutional investors held First Citizens BancShares (FCNCA) as of Q2 2017, down from 145 in Q1 2017.
- Funds reported $2.04B of First Citizens BancShares stock for Q2 2017, up 11% quarter-over-quarter.
- 9 funds opened new First Citizens BancShares positions in Q2 2017 and 10 closed out, a net change of -1 holder.
- The largest First Citizens BancShares buyer in Q2 2017 was Fidelity Investments, an estimated $49.2M added.
- The largest First Citizens BancShares seller in Q2 2017 was Wellington Management Group, an estimated $35.3M sold.
Based on aggregated 13F filings for Q2 2017.