First Citizens BancShares
FCNCA
604 hedge funds and large institutions have $13.2B invested in First Citizens BancShares in 2026 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 173 increasing their positions, 222 reducing their positions, and 101 closing their positions.
6% more call options, than puts
Call options by funds: $79.3M | Put options by funds: $74.8M
7% less funds holding
Funds holding: 652 → 604 (-48)
15% less capital invested
Capital invested by funds: $15.5B → $13.2B (-$2.35B)
16% less funds holding in top 10
Funds holding in top 10: 19 → 16 (-3)
22% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 222
37% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 101
131.29% less ownership
Funds ownership: 195.1% → 63.81% (-131%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$726M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$73.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$52.5M |
| 4 |
Harris Associates
Chicago,
Illinois
|
+$38.4M |
| 5 |
Jones Financial Companies
Des Peres,
Missouri
|
+$35.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$276M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$241M |
| 3 |
JP Morgan Chase
New York
|
-$180M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$94.5M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$91M |
FCNCA Hedge Fund Activity: Q1 2026 in Review
604 institutional investors reported a position in First Citizens BancShares (FCNCA) for Q1 2026, worth a combined $13.2B — down 15% from $15.5B a quarter earlier.
Sellers outnumbered buyers: 101 funds closed out of FCNCA and 64 opened new positions — a net loss of 37 holders — while 222 trimmed existing stakes and 173 added.
The largest buyer was Dodge & Cox, adding an estimated $726M. The largest seller was BlackRock, cutting an estimated $276M.
- 604 institutional investors held First Citizens BancShares (FCNCA) as of Q1 2026, down from 652 in Q4 2025.
- Funds reported $13.2B of First Citizens BancShares stock for Q1 2026, down 15% quarter-over-quarter.
- 64 funds opened new First Citizens BancShares positions in Q1 2026 and 101 closed out, a net change of -37 holders.
- The largest First Citizens BancShares buyer in Q1 2026 was Dodge & Cox, an estimated $726M added.
- The largest First Citizens BancShares seller in Q1 2026 was BlackRock, an estimated $276M sold.
Based on aggregated 13F filings for Q1 2026.