First Bancorp
FNLC
57 hedge funds and large institutions have $60.5M invested in First Bancorp in 2015 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 13 reducing their positions, and 4 closing their positions.
77% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 13
11% more capital invested
Capital invested by funds: $54.3M → $60.5M (+$6.2M)
0% more funds holding
Funds holding: 57 → 57 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$479K |
| 2 |
Renaissance Technologies
New York
|
+$327K |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$305K |
| 4 |
CWA
Cypress Wealth Advisors
San Francisco,
California
|
+$217K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$171K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$457K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$245K |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$195K |
| 4 |
PGA
Portland Global Advisors
Portland,
Maine
|
-$101K |
| 5 |
Morgan Stanley
New York
|
-$88K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $32K | -$6K | -288 | -16% |
|
52
Creative Planning
Overland Park,
Kansas
| $29K | – | – | – |
|
|
HDIM
53
Hanson & Doremus Investment Management
Burlington,
Vermont
| $15K | – | – | – |
|
|
OSAM
54
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $12K | +$687 | +33 | +6% |
|
55
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $6.29K | – | – | – |
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| $3K | +$2.88K | +138 | New |
|
57
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | – | – | – |
|
|
LTFS
58
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$32K | -1,700 | Closed |
|
59
Bessemer Group
Woodbridge,
New Jersey
| – | -$9K | -477 | Closed |
|
|
SIM
60
Sonora Investment Management
Tucson,
Arizona
| – | -$3K | -142 | Closed |
|
61
Barclays
London,
United Kingdom
| – | -$1K | -57 | Closed |
|
FNLC Hedge Fund Activity: Q4 2015 in Review
57 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q4 2015, worth a combined $60.5M — up 11% from $54.3M a quarter earlier.
Fund positioning in FNLC was balanced in Q4 2015: 4 funds opened new positions, 4 closed out, 23 added to existing stakes and 13 trimmed.
The largest buyer was Foundry Partners, adding an estimated $479K. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $457K.
- 57 institutional investors held First Bancorp (FNLC) as of Q4 2015, unchanged from Q3 2015.
- Funds reported $60.5M of First Bancorp stock for Q4 2015, up 11% quarter-over-quarter.
- 4 funds opened new First Bancorp positions in Q4 2015 and 4 closed out, a net change of 0 holders.
- The largest First Bancorp buyer in Q4 2015 was Foundry Partners, an estimated $479K added.
- The largest First Bancorp seller in Q4 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $457K sold.
Based on aggregated 13F filings for Q4 2015.