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First Bancorp

FNLC

Market cap $396M

59 hedge funds and large institutions have $101M invested in First Bancorp in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 2 closing their positions.

New

Increased

Maintained

Reduced

Closed

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

13% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 15

7% more funds holding

Funds holding: 55 → 59 (+4)

5% more capital invested

Capital invested by funds: $96.1M → $101M (+$4.93M)

1.44% more ownership

Funds ownership: 31.83% → 33.27% (+1.4%)

Holders

Holders Change

Holders Change %

+7.27%

% of All Funds

1.35%

Holding in Top 10

–

Holding in Top 10 Change

–

Holding in Top 10 Change %

–

% of All Funds

–

New

Increased

Reduced

Closed

Calls

–

Puts

–

Net Calls

–

Net Calls Change

–

Top Buyers

Rank	Fund	Capital Flow
1	PMG ProVise Management Group Clearwater, Florida	+$879K
2	BlackRock New York	+$753K
3	Renaissance Technologies New York	+$585K
4	Deutsche Bank Frankfurt Am Main Ge, Germany	+$533K
5	Dimensional Fund Advisors Austin, Texas	+$516K

Top Sellers

Rank	Fund	Capital Flow
1	HPC HM Payson & Co Portland, Maine	-$447K
2	Bank of New York Mellon New York	-$103K
3	Morgan Stanley New York	-$101K
4	TCIM TIAA CREF Investment Management New York	-$80.9K
5	BNP Paribas Financial Markets Paris, France	-$53K

#	Name	Holding	Trade Value	Shares Change	Change in Stake
26	HA 26 Hamel Associates Chatham, New Jersey	$563K	–	–	–
27	TA 27 Teachers Advisors New York	$538K	–	–	–
28	PPA 28 Parametric Portfolio Associates Seattle, Washington	$522K	-$14.8K	-518	-3%
29	FNBT 29 FineMark National Bank & Trust Fort Myers, Florida	$490K	+$495K	+17,350	New
30	30 Commonwealth Equity Services Waltham, Massachusetts	$458K	-$19.7K	-690	-4%
31	SB 31 Suntrust Banks Atlanta, Georgia	$452K	–	–	–
32	32 California State Teachers Retirement System (CalSTRS) West Sacramento, California	$439K	–	–	–
33	PGA 33 Portland Global Advisors Portland, Maine	$399K	–	–	–
34	34 New York State Common Retirement Fund Albany, New York	$322K	–	–	–
35	35 AllianceBernstein Nashville, Tennessee	$310K	–	–	–
36	36 RhumbLine Advisers Boston, Massachusetts	$280K	+$6.28K	+220	+2%
37	BIAS 37 Beacon Investment Advisory Services Morristown, New Jersey	$226K	–	–	–
38	38 Stifel Financial St. Louis, Missouri	$226K	–	–	–
39	AIG 39 American International Group New York	$187K	+$2.71K	+95	+1%
40	40 Bank of America Charlotte, North Carolina	$172K	-$40K	-1,401	-19%
41	MIM 41 MetLife Investment Management Whippany, New Jersey	$150K	–	–	–
42	MLICM 42 Metropolitan Life Insurance Company (MetLife) New York	$112K	–	–	–
43	43 Citigroup New York	$69K	-$17.4K	-608	-20%
44	44 JP Morgan Chase New York	$58K	+$286	+10	+0.5%
45	45 Legal & General Group London, United Kingdom	$43K	-$10.3K	-362	-19%
46	TRCT 46 Tower Research Capital (TRC) New York	$23K	+$19.5K	+682	+529%
47	47 Barclays London, United Kingdom	$21K	-$39.5K	-1,384	-65%
48	48 Northwestern Mutual Wealth Management Milwaukee, Wisconsin	$21K	–	–	–
49	AIP 49 Ameritas Investment Partners Lincoln, Nebraska	$20K	–	–	–
50	HDIM 50 Hanson & Doremus Investment Management Burlington, Vermont	$20K	–	–	–

FNLC Hedge Fund Activity: Q2 2018 in Review

59 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q2 2018, worth a combined $101M — up 5.1% from $96.1M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new FNLC positions and 2 closed out — a net gain of 4 holders — while 17 added to existing stakes and 15 trimmed.

The largest buyer was ProVise Management Group, opening a new position worth an estimated $879K. The largest seller was HM Payson & Co, cutting an estimated $447K.

59 institutional investors held First Bancorp (FNLC) as of Q2 2018, up from 55 in Q1 2018.
Funds reported $101M of First Bancorp stock for Q2 2018, up 5.1% quarter-over-quarter.
6 funds opened new First Bancorp positions in Q2 2018 and 2 closed out, a net change of +4 holders.
The largest First Bancorp buyer in Q2 2018 was ProVise Management Group, an estimated $879K added.
The largest First Bancorp seller in Q2 2018 was HM Payson & Co, an estimated $447K sold.

Based on aggregated 13F filings for Q2 2018.

First Bancorp FNLC Market cap $396M