First Bancorp
FNLC
61 hedge funds and large institutions have $107M invested in First Bancorp in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 24 reducing their positions, and 6 closing their positions.
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
2% less funds holding
Funds holding: 62 → 61 (-1)
7.37% less ownership
Funds ownership: 40.46% → 33.08% (-7.4%)
17% less capital invested
Capital invested by funds: $129M → $107M (-$22.6M)
33% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 24
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.21M |
| 2 |
LPL Financial
San Diego,
California
|
+$571K |
| 3 |
State Street
Boston,
Massachusetts
|
+$428K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$348K |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$253K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.62M |
| 2 |
CBT
Capital Bank & Trust
Irvine,
California
|
-$992K |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$577K |
| 4 |
JP Morgan Chase
New York
|
-$505K |
| 5 |
Goldman Sachs
New York
|
-$317K |
FNLC Hedge Fund Activity: Q2 2021 in Review
61 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q2 2021, worth a combined $107M — down 17% from $129M a quarter earlier.
Fund positioning in FNLC was balanced in Q2 2021: 6 funds opened new positions, 6 closed out, 16 added to existing stakes and 24 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $2.21M. The largest seller was BlackRock, cutting an estimated $2.62M.
- 61 institutional investors held First Bancorp (FNLC) as of Q2 2021, down from 62 in Q1 2021.
- Funds reported $107M of First Bancorp stock for Q2 2021, down 17% quarter-over-quarter.
- 6 funds opened new First Bancorp positions in Q2 2021 and 6 closed out, a net change of 0 holders.
- The largest First Bancorp buyer in Q2 2021 was Fidelity Investments, an estimated $2.21M added.
- The largest First Bancorp seller in Q2 2021 was BlackRock, an estimated $2.62M sold.
Based on aggregated 13F filings for Q2 2021.