First Bancorp
FNLC
61 hedge funds and large institutions have $101M invested in First Bancorp in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
2% more funds holding
Funds holding: 60 → 61 (+1)
3% more capital invested
Capital invested by funds: $97.9M → $101M (+$3.08M)
0.25% more ownership
Funds ownership: 33.48% → 33.74% (+0.25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$595K |
| 2 |
Morgan Stanley
New York
|
+$268K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$164K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$149K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$91K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$328K |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$146K |
| 3 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$128K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$117K |
| 5 |
Bank of New York Mellon
New York
|
-$50.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HDIM
51
Hanson & Doremus Investment Management
Burlington,
Vermont
| $20K | – | – | – |
|
52
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $20K | – | – | – |
|
|
AIP
53
Ameritas Investment Partners
Lincoln,
Nebraska
| $19K | – | – | – |
|
54
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $19K | – | – | – |
|
|
KPCM
55
Kings Point Capital Management
Great Neck,
New York
| $14K | – | – | – |
|
|
BFEC
56
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $8K | – | – | – |
|
|
PCG
57
Private Capital Group
West Hartford,
Connecticut
| $8K | +$4.95K | +191 | +191% |
|
|
FHA
58
Flagship Harbor Advisors
Boston,
Massachusetts
| $6K | – | – | – |
|
59
Fidelity Investments
Boston,
Massachusetts
| $3K | – | – | – |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| $3K | +$2.33K | +90 | New |
|
|
AG
61
Aperio Group
Sausalito,
California
| – | -$18K | -660 | Closed |
|
62
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$5K | -171 | Closed |
|
FNLC Hedge Fund Activity: Q3 2019 in Review
61 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q3 2019, worth a combined $101M — up 3.1% from $97.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FNLC positions and 2 closed out — a net gain of 1 holder — while 19 added to existing stakes and 13 trimmed.
The largest buyer was BlackRock, adding an estimated $595K. The largest seller was Deutsche Bank, cutting an estimated $328K.
- 61 institutional investors held First Bancorp (FNLC) as of Q3 2019, up from 60 in Q2 2019.
- Funds reported $101M of First Bancorp stock for Q3 2019, up 3.1% quarter-over-quarter.
- 3 funds opened new First Bancorp positions in Q3 2019 and 2 closed out, a net change of +1 holder.
- The largest First Bancorp buyer in Q3 2019 was BlackRock, an estimated $595K added.
- The largest First Bancorp seller in Q3 2019 was Deutsche Bank, an estimated $328K sold.
Based on aggregated 13F filings for Q3 2019.