First Bancorp
FNLC
55 hedge funds and large institutions have $96.1M invested in First Bancorp in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 21 reducing their positions, and 6 closing their positions.
1% more capital invested
Capital invested by funds: $95M → $96.1M (+$1.09M)
0.5% less ownership
Funds ownership: 32.33% → 31.83% (-0.5%)
7% less funds holding
Funds holding: 59 → 55 (-4)
43% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 21
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$615K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$373K |
| 3 |
Renaissance Technologies
New York
|
+$272K |
| 4 |
HA
Hamel Associates
Chatham,
New Jersey
|
+$151K |
| 5 |
Bank of New York Mellon
New York
|
+$69.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$247K |
| 2 |
MC
Menta Capital
San Francisco,
California
|
-$237K |
| 3 |
BlackRock
New York
|
-$208K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$173K |
| 5 |
HPC
HM Payson & Co
Portland,
Maine
|
-$138K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Montreal
Toronto,
Ontario, Canada
| $4K | – | – | – |
|
|
PCG
52
Private Capital Group
West Hartford,
Connecticut
| $3K | +$2.81K | +100 | New |
|
|
PCM
53
Prelude Capital Management
New York
| $3K | +$3.37K | +120 | New |
|
|
HA
54
Hamel Associates
Chatham,
New Jersey
| $558 | +$151K | +5,375 | +37% |
|
|
QC
55
QCM Cayman
Houston,
Texas
| – | -$80K | -15,754 | Closed |
|
|
MC
56
Menta Capital
San Francisco,
California
| – | -$237K | -8,693 | Closed |
|
57
Parallax Volatility Advisers
San Francisco,
California
| – | -$42K | -1,554 | Closed |
|
|
DCM
58
Delpha Capital Management
New York
| – | -$10K | -349 | Closed |
|
|
DA
59
Denali Advisors
San Diego,
California
| – | -$3K | -100 | Closed |
|
60
AssetMark Inc
Concord,
California
| – | -$1K | -41 | Closed |
|
FNLC Hedge Fund Activity: Q1 2018 in Review
55 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q1 2018, worth a combined $96.1M — up 1.1% from $95M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FNLC and 3 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 12 added.
The largest buyer was Dimensional Fund Advisors, adding an estimated $615K. The largest seller was Deutsche Bank, cutting an estimated $247K.
- 55 institutional investors held First Bancorp (FNLC) as of Q1 2018, down from 59 in Q4 2017.
- Funds reported $96.1M of First Bancorp stock for Q1 2018, up 1.1% quarter-over-quarter.
- 3 funds opened new First Bancorp positions in Q1 2018 and 6 closed out, a net change of -3 holders.
- The largest First Bancorp buyer in Q1 2018 was Dimensional Fund Advisors, an estimated $615K added.
- The largest First Bancorp seller in Q1 2018 was Deutsche Bank, an estimated $247K sold.
Based on aggregated 13F filings for Q1 2018.