First Bancorp
FNLC
61 hedge funds and large institutions have $77.2M invested in First Bancorp in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 28 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 60 → 61 (+1)
0.29% less ownership
Funds ownership: 33.76% → 33.47% (-0.29%)
3% less capital invested
Capital invested by funds: $79.8M → $77.2M (-$2.58M)
75% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$345K |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
+$306K |
| 3 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$285K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$184K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$67.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$286K |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$234K |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$204K |
| 4 |
SG Americas Securities
New York
|
-$119K |
| 5 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
-$115K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $15K | – | – | – |
|
52
Fidelity Investments
Boston,
Massachusetts
| $15K | +$14.6K | +700 | New |
|
|
HDIM
53
Hanson & Doremus Investment Management
Burlington,
Vermont
| $13K | – | – | – |
|
|
KPCM
54
Kings Point Capital Management
Great Neck,
New York
| $11K | – | – | – |
|
|
BFEC
55
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $6K | – | – | – |
|
|
PCG
56
Private Capital Group
West Hartford,
Connecticut
| $6K | – | – | – |
|
57
Canada Life
Winnipeg,
Manitoba, Canada
| $5K | -$4.17K | -200 | -47% |
|
|
FHA
58
Flagship Harbor Advisors
Boston,
Massachusetts
| $5K | +$83 | +4 | +2% |
|
|
ASN
59
Advisory Services Network
Atlanta,
Georgia
| $4K | +$4.15K | +199 | New |
|
|
60
SG Americas Securities
New York
| – | -$119K | -5,470 | Closed |
|
|
MIM
61
MetLife Investment Management
Whippany,
New Jersey
| – | -$115K | -5,308 | Closed |
|
|
MLICM
62
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$86.2K | -3,972 | Closed |
|
63
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$15K | -700 | Closed |
|
FNLC Hedge Fund Activity: Q3 2020 in Review
61 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q3 2020, worth a combined $77.2M — down 3.2% from $79.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FNLC positions and 5 closed out — a net gain of 1 holder — while 7 added to existing stakes and 28 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $345K. The largest seller was Renaissance Technologies, cutting an estimated $286K.
- 61 institutional investors held First Bancorp (FNLC) as of Q3 2020, up from 60 in Q2 2020.
- Funds reported $77.2M of First Bancorp stock for Q3 2020, down 3.2% quarter-over-quarter.
- 6 funds opened new First Bancorp positions in Q3 2020 and 5 closed out, a net change of +1 holder.
- The largest First Bancorp buyer in Q3 2020 was Goldman Sachs, an estimated $345K added.
- The largest First Bancorp seller in Q3 2020 was Renaissance Technologies, an estimated $286K sold.
Based on aggregated 13F filings for Q3 2020.