First Bancorp
FNLC
58 hedge funds and large institutions have $93.9M invested in First Bancorp in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 5 closing their positions.
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
0.34% less ownership
Funds ownership: 32.41% → 32.06% (-0.34%)
1% less capital invested
Capital invested by funds: $95.1M → $93.9M (-$1.2M)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
2% less funds holding
Funds holding: 59 → 58 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$548K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$455K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$449K |
| 4 |
State Street
Boston,
Massachusetts
|
+$396K |
| 5 |
MC
Menta Capital
San Francisco,
California
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$940K |
| 2 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
-$927K |
| 3 |
Renaissance Technologies
New York
|
-$446K |
| 4 |
BlackRock
New York
|
-$333K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$318K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HDIM
51
Hanson & Doremus Investment Management
Burlington,
Vermont
| $19K | – | – | – |
|
52
JP Morgan Chase
New York
| $18K | -$165K | -6,243 | -90% |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| $4K | – | – | – |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| $3K | -$7.74K | -292 | -74% |
|
|
DA
55
Denali Advisors
San Diego,
California
| $3K | +$2.65K | +100 | New |
|
56
Citigroup
New York
| $2K | -$138K | -5,198 | -99% |
|
|
CG
57
Cutler Group
San Francisco,
California
| $2K | – | – | – |
|
|
PMG
58
ProVise Management Group
Clearwater,
Florida
| – | -$940K | -34,500 | Closed |
|
|
CGT
59
Capital Guardian Trust
Los Angeles,
California
| – | -$927K | -34,000 | Closed |
|
|
CWA
60
Cypress Wealth Advisors
San Francisco,
California
| – | -$124K | -21,999 | Closed |
|
|
SIM
61
Spark Investment Management
New York
| – | -$212K | -7,800 | Closed |
|
|
FQ
62
First Quadrant
Glendale,
California
| – | -$86K | -3,150 | Closed |
|
63
Barclays
London,
United Kingdom
| – | -$1.7K | -64 | -90% |
|
FNLC Hedge Fund Activity: Q2 2017 in Review
58 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q2 2017, worth a combined $93.9M — down 1.3% from $95.1M a quarter earlier.
Fund positioning in FNLC was balanced in Q2 2017: 5 funds opened new positions, 5 closed out, 17 added to existing stakes and 18 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $548K. The largest seller was ProVise Management Group, exiting entirely with an estimated $940K sold.
- 58 institutional investors held First Bancorp (FNLC) as of Q2 2017, down from 59 in Q1 2017.
- Funds reported $93.9M of First Bancorp stock for Q2 2017, down 1.3% quarter-over-quarter.
- 5 funds opened new First Bancorp positions in Q2 2017 and 5 closed out, a net change of 0 holders.
- The largest First Bancorp buyer in Q2 2017 was Manulife (Manufacturers Life Insurance), an estimated $548K added.
- The largest First Bancorp seller in Q2 2017 was ProVise Management Group, an estimated $940K sold.
Based on aggregated 13F filings for Q2 2017.