First Bancorp
FNLC
70 hedge funds and large institutions have $123M invested in First Bancorp in 2024 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 15 reducing their positions, and 6 closing their positions.
107% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 15
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
8% more capital invested
Capital invested by funds: $114M → $123M (+$9.06M)
4% more funds holding
Funds holding: 67 → 70 (+3)
1.08% more ownership
Funds ownership: 41.06% → 42.14% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.02M |
| 2 |
Morgan Stanley
New York
|
+$782K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$628K |
| 4 |
JP Morgan Chase
New York
|
+$433K |
| 5 |
Goldman Sachs
New York
|
+$428K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$711K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$467K |
| 3 |
Jane Street
New York
|
-$257K |
| 4 |
FB
First Bancorp
Damariscotta,
Maine
|
-$174K |
| 5 |
Bank of New York Mellon
New York
|
-$173K |
FNLC Hedge Fund Activity: Q3 2024 in Review
70 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q3 2024, worth a combined $123M — up 8% from $114M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FNLC positions and 6 closed out — a net gain of 4 holders — while 31 added to existing stakes and 15 trimmed.
The largest buyer was BlackRock, adding an estimated $1.02M. The largest seller was Fidelity Investments, cutting an estimated $711K.
- 70 institutional investors held First Bancorp (FNLC) as of Q3 2024, up from 67 in Q2 2024.
- Funds reported $123M of First Bancorp stock for Q3 2024, up 8% quarter-over-quarter.
- 10 funds opened new First Bancorp positions in Q3 2024 and 6 closed out, a net change of +4 holders.
- The largest First Bancorp buyer in Q3 2024 was BlackRock, an estimated $1.02M added.
- The largest First Bancorp seller in Q3 2024 was Fidelity Investments, an estimated $711K sold.
Based on aggregated 13F filings for Q3 2024.