First Bancorp
FNLC
76 hedge funds and large institutions have $130M invested in First Bancorp in 2024 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 34 increasing their positions, 13 reducing their positions, and 5 closing their positions.
162% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 13
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
9% more funds holding
Funds holding: 70 → 76 (+6)
6% more capital invested
Capital invested by funds: $123M → $130M (+$7.49M)
0.56% more ownership
Funds ownership: 42.14% → 42.7% (+0.56%)
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
|
+$840K |
| 2 |
JP Morgan Chase
New York
|
+$461K |
| 3 |
SIA
SeaBridge Investment Advisors
Summit,
New Jersey
|
+$343K |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$332K |
| 5 |
State Street
Boston,
Massachusetts
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$563K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$500K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$329K |
| 4 |
PMG
ProVise Management Group
Clearwater,
Florida
|
-$329K |
| 5 |
PGA
Portland Global Advisors
Portland,
Maine
|
-$212K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Citadel Advisors
Miami,
Florida
| – | -$563K | -21,374 | Closed |
|
|
KAS
77
Kestra Advisory Services
Austin,
Texas
| – | -$329K | -12,483 | Closed |
|
|
PMG
78
ProVise Management Group
Clearwater,
Florida
| – | -$329K | -12,483 | Closed |
|
|
PGA
79
Portland Global Advisors
Portland,
Maine
| – | -$212K | -8,065 | Closed |
|
|
CPA
80
Capital Performance Advisors
Walnut Creek,
California
| – | -$3.29K | -125 | Closed |
|
FNLC Hedge Fund Activity: Q4 2024 in Review
76 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q4 2024, worth a combined $130M — up 6.1% from $123M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FNLC positions and 5 closed out — a net gain of 6 holders — while 34 added to existing stakes and 13 trimmed.
The largest buyer was BlackRock, adding an estimated $840K. The largest seller was Citadel Advisors, exiting entirely with an estimated $563K sold.
- 76 institutional investors held First Bancorp (FNLC) as of Q4 2024, up from 70 in Q3 2024.
- Funds reported $130M of First Bancorp stock for Q4 2024, up 6.1% quarter-over-quarter.
- 11 funds opened new First Bancorp positions in Q4 2024 and 5 closed out, a net change of +6 holders.
- The largest First Bancorp buyer in Q4 2024 was BlackRock, an estimated $840K added.
- The largest First Bancorp seller in Q4 2024 was Citadel Advisors, an estimated $563K sold.
Based on aggregated 13F filings for Q4 2024.