First Bancorp
FNLC
62 hedge funds and large institutions have $80.8M invested in First Bancorp in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
44% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 16
12% more capital invested
Capital invested by funds: $72.3M → $80.8M (+$8.5M)
2% more funds holding
Funds holding: 61 → 62 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$330K |
| 2 |
Morgan Stanley
New York
|
+$241K |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$240K |
| 4 |
Renaissance Technologies
New York
|
+$234K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$223K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$281K |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$228K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$217K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$178K |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
-$64.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Legal & General Group
London,
United Kingdom
| $38K | – | – | – |
|
52
Creative Planning
Overland Park,
Kansas
| $33K | – | – | – |
|
53
Citigroup
New York
| $20K | -$12.7K | -571 | -41% |
|
|
HDIM
54
Hanson & Doremus Investment Management
Burlington,
Vermont
| $17K | – | – | – |
|
55
BNP Paribas Financial Markets
Paris,
France
| $16.3K | +$5.79K | +260 | +62% |
|
56
JP Morgan Chase
New York
| $7K | -$16.6K | -746 | -71% |
|
|
LTFS
57
Ladenburg Thalmann Financial Services
Miami,
Florida
| $7K | +$6.1K | +274 | New |
|
58
Bank of Montreal
Toronto,
Ontario, Canada
| $3K | – | – | – |
|
59
Barclays
London,
United Kingdom
| $3K | +$2.34K | +105 | +276% |
|
|
CG
60
Cutler Group
San Francisco,
California
| $2K | +$2.23K | +100 | New |
|
|
TCIM
61
TIAA CREF Investment Management
New York
| $766 | -$57.6K | -2,585 | -7% |
|
|
RWML
62
RAFFA WEALTH MANAGEMENT, LLC
Washington,
District of Columbia
| $599 | – | – | – |
|
|
AIM
63
Acrospire Investment Management
Chicago,
Illinois
| – | -$12K | -564 | Closed |
|
64
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -98 | Closed |
|
FNLC Hedge Fund Activity: Q3 2016 in Review
62 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q3 2016, worth a combined $80.8M — up 12% from $72.3M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FNLC positions and 2 closed out — a net gain of 1 holder — while 23 added to existing stakes and 16 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $330K. The largest seller was Bridgeway Capital Management, cutting an estimated $281K.
- 62 institutional investors held First Bancorp (FNLC) as of Q3 2016, up from 61 in Q2 2016.
- Funds reported $80.8M of First Bancorp stock for Q3 2016, up 12% quarter-over-quarter.
- 3 funds opened new First Bancorp positions in Q3 2016 and 2 closed out, a net change of +1 holder.
- The largest First Bancorp buyer in Q3 2016 was BlackRock Fund Advisors, an estimated $330K added.
- The largest First Bancorp seller in Q3 2016 was Bridgeway Capital Management, an estimated $281K sold.
Based on aggregated 13F filings for Q3 2016.