First Bancorp
FNLC
61 hedge funds and large institutions have $72.3M invested in First Bancorp in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
10% more capital invested
Capital invested by funds: $65.6M → $72.3M (+$6.67M)
0% more funds holding
Funds holding: 61 → 61 (0)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$176K |
| 2 |
State Street
Boston,
Massachusetts
|
+$165K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$116K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$114K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$96.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$746K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$182K |
| 3 |
Citigroup
New York
|
-$152K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$148K |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$116K |
FNLC Hedge Fund Activity: Q2 2016 in Review
61 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q2 2016, worth a combined $72.3M — up 10% from $65.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FNLC positions and 2 closed out — a net gain of 1 holder — while 17 added to existing stakes and 21 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $176K. The largest seller was Maltese Capital Management, exiting entirely with an estimated $746K sold.
- 61 institutional investors held First Bancorp (FNLC) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $72.3M of First Bancorp stock for Q2 2016, up 10% quarter-over-quarter.
- 3 funds opened new First Bancorp positions in Q2 2016 and 2 closed out, a net change of +1 holder.
- The largest First Bancorp buyer in Q2 2016 was Renaissance Technologies, an estimated $176K added.
- The largest First Bancorp seller in Q2 2016 was Maltese Capital Management, an estimated $746K sold.
Based on aggregated 13F filings for Q2 2016.