First Bancorp
FNLC
47 hedge funds and large institutions have $56.4M invested in First Bancorp in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 19 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
15% more capital invested
Capital invested by funds: $49.1M → $56.4M (+$7.28M)
2% more funds holding
Funds holding: 46 → 47 (+1)
21% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$219K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$113K |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$106K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$103K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$86.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$356K |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$315K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$242K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$215K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$172K |
FNLC Hedge Fund Activity: Q2 2014 in Review
47 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q2 2014, worth a combined $56.4M — up 15% from $49.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FNLC positions and 2 closed out — a net gain of 1 holder — while 15 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $219K. The largest seller was Commonwealth Equity Services, cutting an estimated $356K.
- 47 institutional investors held First Bancorp (FNLC) as of Q2 2014, up from 46 in Q1 2014.
- Funds reported $56.4M of First Bancorp stock for Q2 2014, up 15% quarter-over-quarter.
- 3 funds opened new First Bancorp positions in Q2 2014 and 2 closed out, a net change of +1 holder.
- The largest First Bancorp buyer in Q2 2014 was Morgan Stanley, an estimated $219K added.
- The largest First Bancorp seller in Q2 2014 was Commonwealth Equity Services, an estimated $356K sold.
Based on aggregated 13F filings for Q2 2014.