First Bancorp
FNLC
60 hedge funds and large institutions have $79.8M invested in First Bancorp in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
2% more funds holding
Funds holding: 59 → 60 (+1)
0.15% more ownership
Funds ownership: 33.61% → 33.76% (+0.15%)
1% less capital invested
Capital invested by funds: $80.7M → $79.8M (-$966K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$401K |
| 2 |
BST
Bath Savings Trust
Bath,
Maine
|
+$342K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$323K |
| 4 |
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
|
+$243K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$515K |
| 2 |
HPC
HM Payson & Co
Portland,
Maine
|
-$342K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$266K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$169K |
| 5 |
BlackRock
New York
|
-$137K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HDIM
51
Hanson & Doremus Investment Management
Burlington,
Vermont
| $13K | – | – | – |
|
52
BNP Paribas Financial Markets
Paris,
France
| $11.4K | -$54.8K | -2,657 | -83% |
|
|
KPCM
53
Kings Point Capital Management
Great Neck,
New York
| $11K | – | – | – |
|
54
Canada Life
Winnipeg,
Manitoba, Canada
| $9K | +$3.17K | +154 | +57% |
|
|
BFEC
55
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $6K | – | – | – |
|
|
PCG
56
Private Capital Group
West Hartford,
Connecticut
| $6K | – | – | – |
|
|
FHA
57
Flagship Harbor Advisors
Boston,
Massachusetts
| $5K | +$62 | +3 | +1% |
|
58
Victory Capital Management
San Antonio,
Texas
| – | -$74K | -3,322 | Closed |
|
|
KFI
59
Key Financial Inc
West Chester,
Pennsylvania
| – | -$7K | -354 | Closed |
|
|
ASN
60
Advisory Services Network
Atlanta,
Georgia
| – | -$4K | -199 | Closed |
|
61
Fidelity Investments
Boston,
Massachusetts
| – | -$2K | -101 | Closed |
|
FNLC Hedge Fund Activity: Q2 2020 in Review
60 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q2 2020, worth a combined $79.8M — down 1.2% from $80.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FNLC positions and 4 closed out — a net gain of 1 holder — while 19 added to existing stakes and 17 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $401K. The largest seller was Renaissance Technologies, cutting an estimated $515K.
- 60 institutional investors held First Bancorp (FNLC) as of Q2 2020, up from 59 in Q1 2020.
- Funds reported $79.8M of First Bancorp stock for Q2 2020, down 1.2% quarter-over-quarter.
- 5 funds opened new First Bancorp positions in Q2 2020 and 4 closed out, a net change of +1 holder.
- The largest First Bancorp buyer in Q2 2020 was Morgan Stanley, an estimated $401K added.
- The largest First Bancorp seller in Q2 2020 was Renaissance Technologies, an estimated $515K sold.
Based on aggregated 13F filings for Q2 2020.