First Bancorp
FNLC
60 hedge funds and large institutions have $97.9M invested in First Bancorp in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
9% more capital invested
Capital invested by funds: $89.7M → $97.9M (+$8.16M)
3% more funds holding
Funds holding: 58 → 60 (+2)
0.38% more ownership
Funds ownership: 33.1% → 33.48% (+0.38%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.01M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$785K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$236K |
| 4 |
BIAS
Beacon Investment Advisory Services
Morristown,
New Jersey
|
+$207K |
| 5 |
State Street
Boston,
Massachusetts
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$195K |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$129K |
| 3 |
SG Americas Securities
New York
|
-$104K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$104K |
| 5 |
Morgan Stanley
New York
|
-$90.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $19K | – | – | – |
|
|
HDIM
52
Hanson & Doremus Investment Management
Burlington,
Vermont
| $19K | – | – | – |
|
|
AG
53
Aperio Group
Sausalito,
California
| $18K | +$17K | +660 | New |
|
|
KPCM
54
Kings Point Capital Management
Great Neck,
New York
| $13K | +$12.9K | +500 | New |
|
|
BFEC
55
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $8K | +$7.44K | +288 | New |
|
|
FHA
56
Flagship Harbor Advisors
Boston,
Massachusetts
| $6K | – | – | – |
|
57
Canada Life
Winnipeg,
Manitoba, Canada
| $5K | +$413 | +16 | +10% |
|
|
PCG
58
Private Capital Group
West Hartford,
Connecticut
| $3K | -$4.93K | -191 | -66% |
|
59
Fidelity Investments
Boston,
Massachusetts
| $3K | – | – | – |
|
|
60
SG Americas Securities
New York
| – | -$104K | -4,182 | Closed |
|
|
TRCT
61
Tower Research Capital (TRC)
New York
| – | -$11K | -433 | Closed |
|
FNLC Hedge Fund Activity: Q2 2019 in Review
60 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q2 2019, worth a combined $97.9M — up 9.1% from $89.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FNLC positions and 2 closed out — a net gain of 4 holders — while 18 added to existing stakes and 14 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $1.01M. The largest seller was Deutsche Bank, cutting an estimated $195K.
- 60 institutional investors held First Bancorp (FNLC) as of Q2 2019, up from 58 in Q1 2019.
- Funds reported $97.9M of First Bancorp stock for Q2 2019, up 9.1% quarter-over-quarter.
- 6 funds opened new First Bancorp positions in Q2 2019 and 2 closed out, a net change of +4 holders.
- The largest First Bancorp buyer in Q2 2019 was Nuveen, an estimated $1.01M added.
- The largest First Bancorp seller in Q2 2019 was Deutsche Bank, an estimated $195K sold.
Based on aggregated 13F filings for Q2 2019.