First Bancorp
FNLC
58 hedge funds and large institutions have $54.3M invested in First Bancorp in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 25 increasing their positions, 12 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
108% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 12
4% more funds holding
Funds holding: 56 → 58 (+2)
2% less capital invested
Capital invested by funds: $55.5M → $54.3M (-$1.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGA
Portland Global Advisors
Portland,
Maine
|
+$521K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$191K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$156K |
| 4 |
Renaissance Technologies
New York
|
+$152K |
| 5 |
MLICM
Metropolitan Life Insurance Company (MetLife)
New York
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$354K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$223K |
| 3 |
Bank of New York Mellon
New York
|
-$194K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$185K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$166K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OSAM
51
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $10K | +$5.64K | +299 | +121% |
|
52
Bessemer Group
Woodbridge,
New Jersey
| $9K | +$9.01K | +477 | New |
|
53
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $5.87K | – | – | – |
|
|
SIM
54
Sonora Investment Management
Tucson,
Arizona
| $3K | +$2.68K | +142 | New |
|
55
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | +$57 | +3 | +3% |
|
56
Citigroup
New York
| $1K | -$29.3K | -1,552 | -98% |
|
57
Barclays
London,
United Kingdom
| $1K | -$2.83K | -150 | -72% |
|
|
RWML
58
RAFFA WEALTH MANAGEMENT, LLC
Washington,
District of Columbia
| $611 | – | – | – |
|
59
Invesco
Atlanta,
Georgia
| – | -$86K | -4,428 | Closed |
|
FNLC Hedge Fund Activity: Q3 2015 in Review
58 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q3 2015, worth a combined $54.3M — down 2.2% from $55.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FNLC positions and 1 closed out — a net gain of 4 holders — while 25 added to existing stakes and 12 trimmed.
The largest buyer was Portland Global Advisors, opening a new position worth an estimated $521K. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $354K.
- 58 institutional investors held First Bancorp (FNLC) as of Q3 2015, up from 56 in Q2 2015.
- Funds reported $54.3M of First Bancorp stock for Q3 2015, down 2.2% quarter-over-quarter.
- 5 funds opened new First Bancorp positions in Q3 2015 and 1 closed out, a net change of +4 holders.
- The largest First Bancorp buyer in Q3 2015 was Portland Global Advisors, an estimated $521K added.
- The largest First Bancorp seller in Q3 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $354K sold.
Based on aggregated 13F filings for Q3 2015.