First Bancorp
FNLC
58 hedge funds and large institutions have $89.7M invested in First Bancorp in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 20 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
4% more funds holding
Funds holding: 56 → 58 (+2)
0.07% less ownership
Funds ownership: 33.16% → 33.1% (-0.07%)
5% less capital invested
Capital invested by funds: $94.7M → $89.7M (-$4.97M)
45% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HPC
HM Payson & Co
Portland,
Maine
|
+$672K |
| 2 |
Renaissance Technologies
New York
|
+$435K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$361K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$270K |
| 5 |
BHTS
Bar Harbor Trust Services
Ellsworth,
Maine
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$482K |
| 2 |
BlackRock
New York
|
-$445K |
| 3 |
HA
Hamel Associates
Chatham,
New Jersey
|
-$247K |
| 4 |
BIAS
Beacon Investment Advisory Services
Morristown,
New Jersey
|
-$210K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$210K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $17K | +$18.3K | +700 | New |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $11K | -$1.44K | -55 | -11% |
|
|
PCG
53
Private Capital Group
West Hartford,
Connecticut
| $7K | +$5K | +191 | +191% |
|
|
FHA
54
Flagship Harbor Advisors
Boston,
Massachusetts
| $6K | – | – | – |
|
55
Canada Life
Winnipeg,
Manitoba, Canada
| $4K | – | – | – |
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| $3K | -$3.54K | -135 | -49% |
|
57
Fidelity Investments
Boston,
Massachusetts
| $2K | +$2.62K | +100 | New |
|
|
HA
58
Hamel Associates
Chatham,
New Jersey
| – | -$247K | -9,375 | Closed |
|
|
BIAS
59
Beacon Investment Advisory Services
Morristown,
New Jersey
| – | -$210K | -8,000 | Closed |
|
|
60
Stifel Financial
St. Louis,
Missouri
| – | -$210K | -8,000 | Closed |
|
FNLC Hedge Fund Activity: Q1 2019 in Review
58 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q1 2019, worth a combined $89.7M — down 5.2% from $94.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FNLC positions and 3 closed out — a net gain of 2 holders — while 11 added to existing stakes and 20 trimmed.
The largest buyer was HM Payson & Co, opening a new position worth an estimated $672K. The largest seller was Morgan Stanley, cutting an estimated $482K.
- 58 institutional investors held First Bancorp (FNLC) as of Q1 2019, up from 56 in Q4 2018.
- Funds reported $89.7M of First Bancorp stock for Q1 2019, down 5.2% quarter-over-quarter.
- 5 funds opened new First Bancorp positions in Q1 2019 and 3 closed out, a net change of +2 holders.
- The largest First Bancorp buyer in Q1 2019 was HM Payson & Co, an estimated $672K added.
- The largest First Bancorp seller in Q1 2019 was Morgan Stanley, an estimated $482K sold.
Based on aggregated 13F filings for Q1 2019.