First Citizens BancShares
FCNCA
574 hedge funds and large institutions have $15.1B invested in First Citizens BancShares in 2024 Q2 according to their latest regulatory filings, with 76 funds opening new positions, 188 increasing their positions, 201 reducing their positions, and 47 closing their positions.
62% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 47
46% more call options, than puts
Call options by funds: $239M | Put options by funds: $164M
3% more funds holding
Funds holding: 557 → 574 (+17)
4% more capital invested
Capital invested by funds: $14.5B → $15.1B (+$580M)
0.55% more ownership
Funds ownership: 65.52% → 66.07% (+0.55%)
6% less repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 201
15% less funds holding in top 10
Funds holding in top 10: 27 → 23 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$270M |
| 2 |
BlackRock
New York
|
+$159M |
| 3 |
Millennium Management
New York
|
+$136M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$84M |
| 5 |
ACL
Azora Capital LP
Miami,
Florida
|
+$56.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sessa Capital
New York
|
-$161M |
| 2 |
Coatue Management
New York
|
-$131M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$78M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$70.2M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$61.5M |
FCNCA Hedge Fund Activity: Q2 2024 in Review
574 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in First Citizens BancShares (FCNCA) for Q2 2024, worth a combined $15.1B — up 4% from $14.5B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new FCNCA positions and 47 closed out — a net gain of 29 holders — while 188 added to existing stakes and 201 trimmed.
The largest buyer was Harris Associates, adding an estimated $270M. The largest seller was Sessa Capital, exiting entirely with an estimated $161M sold.
- 574 institutional investors held First Citizens BancShares (FCNCA) as of Q2 2024, up from 557 in Q1 2024.
- Funds reported $15.1B of First Citizens BancShares stock for Q2 2024, up 4% quarter-over-quarter.
- 76 funds opened new First Citizens BancShares positions in Q2 2024 and 47 closed out, a net change of +29 holders.
- The largest First Citizens BancShares buyer in Q2 2024 was Harris Associates, an estimated $270M added.
- The largest First Citizens BancShares seller in Q2 2024 was Sessa Capital, an estimated $161M sold.
Based on aggregated 13F filings for Q2 2024.