First Citizens BancShares
FCNCA
164 hedge funds and large institutions have $1.48B invested in First Citizens BancShares in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 49 increasing their positions, 63 reducing their positions, and 40 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.18% less ownership
Funds ownership: 48.99% → 46.81% (-2.2%)
12% less funds holding
Funds holding: 186 → 164 (-22)
22% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 63
48% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 40
61% less capital inflows, than outflows
Capital inflows: $97.8M | Capital outflows: $251M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$20M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$12.4M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$12M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$5.2M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$4.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$88.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$21.4M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$19.9M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$16.3M |
| 5 |
FTIOP
Fiduciary Trust International of Pennsylvania
Radnor,
Pennsylvania
|
-$6.62M |
FCNCA Hedge Fund Activity: Q1 2020 in Review
164 of the 4,549 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q1 2020, worth a combined $1.48B — down 42% from $2.54B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of FCNCA and 21 opened new positions — a net loss of 19 holders — while 63 trimmed existing stakes and 49 added.
The largest buyer was AQR Capital Management, adding an estimated $20M. The largest seller was Fidelity Investments, cutting an estimated $88.2M.
- 164 institutional investors held First Citizens BancShares (FCNCA) as of Q1 2020, down from 186 in Q4 2019.
- Funds reported $1.48B of First Citizens BancShares stock for Q1 2020, down 42% quarter-over-quarter.
- 21 funds opened new First Citizens BancShares positions in Q1 2020 and 40 closed out, a net change of -19 holders.
- The largest First Citizens BancShares buyer in Q1 2020 was AQR Capital Management, an estimated $20M added.
- The largest First Citizens BancShares seller in Q1 2020 was Fidelity Investments, an estimated $88.2M sold.
Based on aggregated 13F filings for Q1 2020.