First Bancorp
FNLC
67 hedge funds and large institutions have $109M invested in First Bancorp in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 23 reducing their positions, and 4 closing their positions.
0.27% more ownership
Funds ownership: 40.2% → 40.47% (+0.27%)
0% more funds holding
Funds holding: 67 → 67 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 23
5% less capital invested
Capital invested by funds: $115M → $109M (-$5.82M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$519K |
| 2 |
CFP
Catalyst Financial Partners
Boston,
Massachusetts
|
+$494K |
| 3 |
Morgan Stanley
New York
|
+$396K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$307K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$137K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$679K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$270K |
| 3 |
Goldman Sachs
New York
|
-$193K |
| 4 |
BHWM
Bar Harbor Wealth Management
Concord,
New Hampshire
|
-$139K |
| 5 |
Barclays
London,
United Kingdom
|
-$72.4K |
FNLC Hedge Fund Activity: Q2 2023 in Review
67 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q2 2023, worth a combined $109M — down 5.1% from $115M a quarter earlier.
Fund positioning in FNLC was balanced in Q2 2023: 4 funds opened new positions, 4 closed out, 23 added to existing stakes and 23 trimmed.
The largest buyer was BlackRock, adding an estimated $519K. The largest seller was Foundry Partners, cutting an estimated $679K.
- 67 institutional investors held First Bancorp (FNLC) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $109M of First Bancorp stock for Q2 2023, down 5.1% quarter-over-quarter.
- 4 funds opened new First Bancorp positions in Q2 2023 and 4 closed out, a net change of 0 holders.
- The largest First Bancorp buyer in Q2 2023 was BlackRock, an estimated $519K added.
- The largest First Bancorp seller in Q2 2023 was Foundry Partners, an estimated $679K sold.
Based on aggregated 13F filings for Q2 2023.