First Bancorp
FNLC
58 hedge funds and large institutions have $105M invested in First Bancorp in 2018 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 2 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
4% more capital invested
Capital invested by funds: $101M → $105M (+$4.12M)
0.14% more ownership
Funds ownership: 33.27% → 33.41% (+0.14%)
2% less funds holding
Funds holding: 59 → 58 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$192K |
| 2 |
Renaissance Technologies
New York
|
+$174K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$158K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$120K |
| 5 |
Barclays
London,
United Kingdom
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$150K |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$110K |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$109K |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$94.5K |
| 5 |
Morgan Stanley
New York
|
-$66.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
51
Ameritas Investment Partners
Lincoln,
Nebraska
| $20K | – | – | – |
|
52
BNP Paribas Financial Markets
Paris,
France
| $9.91K | – | – | – |
|
|
FHA
53
Flagship Harbor Advisors
Boston,
Massachusetts
| $7K | – | – | – |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| $6K | -$59 | -2 | -1% |
|
55
Canada Life
Winnipeg,
Manitoba, Canada
| $5K | -$59 | -2 | -1% |
|
56
Fidelity Investments
Boston,
Massachusetts
| $3K | +$2.95K | +100 | New |
|
|
PCG
57
Private Capital Group
West Hartford,
Connecticut
| $2K | – | – | – |
|
|
PIA
58
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$5K | -176 | Closed |
|
59
SEI Investments
Oaks,
Pennsylvania
| – | -$5K | -170 | Closed |
|
FNLC Hedge Fund Activity: Q3 2018 in Review
58 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q3 2018, worth a combined $105M — up 4.1% from $101M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FNLC and 1 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 20 added.
The largest buyer was BlackRock, adding an estimated $192K. The largest seller was Wells Fargo, cutting an estimated $150K.
- 58 institutional investors held First Bancorp (FNLC) as of Q3 2018, down from 59 in Q2 2018.
- Funds reported $105M of First Bancorp stock for Q3 2018, up 4.1% quarter-over-quarter.
- 1 fund opened new First Bancorp positions in Q3 2018 and 2 closed out, a net change of -1 holder.
- The largest First Bancorp buyer in Q3 2018 was BlackRock, an estimated $192K added.
- The largest First Bancorp seller in Q3 2018 was Wells Fargo, an estimated $150K sold.
Based on aggregated 13F filings for Q3 2018.