First Bancorp
FNLC
48 hedge funds and large institutions have $53.2M invested in First Bancorp in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 3 closing their positions.
4% more capital invested
Capital invested by funds: $51.2M → $53.2M (+$2.04M)
0% more funds holding
Funds holding: 48 → 48 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
16% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$512K |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$329K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$203K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$183K |
| 5 |
Bank of New York Mellon
New York
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$691K |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$178K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$147K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$136K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$130K |
FNLC Hedge Fund Activity: Q4 2013 in Review
48 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q4 2013, worth a combined $53.2M — up 4% from $51.2M a quarter earlier.
Fund positioning in FNLC was balanced in Q4 2013: 3 funds opened new positions, 3 closed out, 16 added to existing stakes and 19 trimmed.
The largest buyer was Commonwealth Equity Services, opening a new position worth an estimated $512K. The largest seller was Maltese Capital Management, cutting an estimated $691K.
- 48 institutional investors held First Bancorp (FNLC) as of Q4 2013, unchanged from Q3 2013.
- Funds reported $53.2M of First Bancorp stock for Q4 2013, up 4% quarter-over-quarter.
- 3 funds opened new First Bancorp positions in Q4 2013 and 3 closed out, a net change of 0 holders.
- The largest First Bancorp buyer in Q4 2013 was Commonwealth Equity Services, an estimated $512K added.
- The largest First Bancorp seller in Q4 2013 was Maltese Capital Management, an estimated $691K sold.
Based on aggregated 13F filings for Q4 2013.