First Citizens BancShares
FCNCA
367 hedge funds and large institutions have $7.75B invested in First Citizens BancShares in 2022 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 95 increasing their positions, 115 reducing their positions, and 36 closing their positions.
75% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 36
21% more funds holding in top 10
Funds holding in top 10: 14 → 17 (+3)
11% more capital invested
Capital invested by funds: $6.95B → $7.75B (+$795M)
7% more funds holding
Funds holding: 342 → 367 (+25)
6.21% less ownership
Funds ownership: 71.18% → 64.97% (-6.2%)
17% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 115
24% less call options, than puts
Call options by funds: $75.3M | Put options by funds: $98.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$119M |
| 2 |
Millennium Management
New York
|
+$26.4M |
| 3 |
Citigroup
New York
|
+$16.4M |
| 4 |
Natixis Advisors
Boston,
Massachusetts
|
+$12.5M |
| 5 |
Morgan Stanley
New York
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$219M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$118M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$93.7M |
| 4 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$90.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$61.6M |
FCNCA Hedge Fund Activity: Q3 2022 in Review
367 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q3 2022, worth a combined $7.75B — up 11% from $6.95B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new FCNCA positions and 36 closed out — a net gain of 27 holders — while 95 added to existing stakes and 115 trimmed.
The largest buyer was Bank of America, adding an estimated $119M. The largest seller was Wellington Management Group, cutting an estimated $219M.
- 367 institutional investors held First Citizens BancShares (FCNCA) as of Q3 2022, up from 342 in Q2 2022.
- Funds reported $7.75B of First Citizens BancShares stock for Q3 2022, up 11% quarter-over-quarter.
- 63 funds opened new First Citizens BancShares positions in Q3 2022 and 36 closed out, a net change of +27 holders.
- The largest First Citizens BancShares buyer in Q3 2022 was Bank of America, an estimated $119M added.
- The largest First Citizens BancShares seller in Q3 2022 was Wellington Management Group, an estimated $219M sold.
Based on aggregated 13F filings for Q3 2022.