First Bancorp
FNLC
60 hedge funds and large institutions have $65.6M invested in First Bancorp in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 26 increasing their positions, 11 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
136% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 11
8% more capital invested
Capital invested by funds: $60.5M → $65.6M (+$5.07M)
5% more funds holding
Funds holding: 57 → 60 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HPC
HM Payson & Co
Portland,
Maine
|
+$1.49M |
| 2 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$717K |
| 3 |
S
StratiFi
San Francisco,
California
|
+$508K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$497K |
| 5 |
Renaissance Technologies
New York
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$823K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$183K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$119K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$96.1K |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$56.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
51
Acrospire Investment Management
Chicago,
Illinois
| $49K | +$46.9K | +2,493 | New |
|
52
Creative Planning
Overland Park,
Kansas
| $27K | – | – | – |
|
|
OSAM
53
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $19K | +$7.6K | +404 | +70% |
|
|
HDIM
54
Hanson & Doremus Investment Management
Burlington,
Vermont
| $14K | – | – | – |
|
55
BlackRock
New York
| $7K | +$6.81K | +362 | New |
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| $3K | – | – | – |
|
57
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | +$75 | +4 | +4% |
|
58
Geode Capital Management
Boston,
Massachusetts
| $1.05K | +$42K | +2,234 | +4% |
|
|
S
59
StratiFi
San Francisco,
California
| $1K | +$508K | +27,000 | New |
|
60
BNP Paribas Financial Markets
Paris,
France
| $956 | -$35.4K | -1,881 | -97% |
|
|
RA
61
Royce & Associates
New York
| – | -$823K | -40,200 | Closed |
|
|
TRCT
62
Tower Research Capital (TRC)
New York
| – | -$32K | -1,565 | Closed |
|
FNLC Hedge Fund Activity: Q1 2016 in Review
60 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q1 2016, worth a combined $65.6M — up 8.4% from $60.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FNLC positions and 2 closed out — a net gain of 3 holders — while 26 added to existing stakes and 11 trimmed.
The largest buyer was HM Payson & Co, opening a new position worth an estimated $1.49M. The largest seller was Royce & Associates, exiting entirely with an estimated $823K sold.
- 60 institutional investors held First Bancorp (FNLC) as of Q1 2016, up from 57 in Q4 2015.
- Funds reported $65.6M of First Bancorp stock for Q1 2016, up 8.4% quarter-over-quarter.
- 5 funds opened new First Bancorp positions in Q1 2016 and 2 closed out, a net change of +3 holders.
- The largest First Bancorp buyer in Q1 2016 was HM Payson & Co, an estimated $1.49M added.
- The largest First Bancorp seller in Q1 2016 was Royce & Associates, an estimated $823K sold.
Based on aggregated 13F filings for Q1 2016.