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First Bancorp

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.

New
Increased
Maintained
Reduced
Closed

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: 4647 (+1)

21% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 19

Holders
47
Holders Change
+1
Holders Change %
+2.17%
% of All Funds
1.35%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
15
Reduced
19
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TAM
1
THB Asset Management
Connecticut
$8.25M -$47.1K -2,900 -0.6%
BIT
2
BlackRock Institutional Trust
California
$4.79M -$60.7K -3,740 -1%
Manulife (Manufacturers Life Insurance)
3
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.75M -$27.2K -1,673 -0.6%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$4.53M +$103K +6,371 +3%
Vanguard Group
5
Vanguard Group
Pennsylvania
$4.42M +$13.9K +853 +0.3%
BFA
6
BlackRock Fund Advisors
California
$4.38M -$315K -19,377 -7%
DRZID
7
DePrince Race & Zollo Inc (DRZ)
Florida
$4.16M +$106K +6,515 +3%
Bank of America
8
Bank of America
North Carolina
$3.07M -$8.09K -498 -0.3%
State Street
9
State Street
Massachusetts
$2.43M +$24K +1,477 +1%
BFC
10
Banc Funds Company
Illinois
$2.01M
Northern Trust
11
Northern Trust
Illinois
$1.89M -$172K -10,567 -9%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$1.19M -$24.1K -1,486 -2%
BCM
13
Bridgeway Capital Management
Texas
$958K
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$833K -$356K -21,932 -31%
Morgan Stanley
15
Morgan Stanley
New York
$802K +$219K +13,466 +42%
TCIM
16
TIAA CREF Investment Management
New York
$788K +$64.3K +3,961 +10%
RA
17
Royce & Associates
New York
$702K
LSV Asset Management
18
LSV Asset Management
Illinois
$691K
Geode Capital Management
19
Geode Capital Management
Massachusetts
$673K +$113K +6,938 +22%
California Public Employees Retirement System
20
California Public Employees Retirement System
California
$596K
BIM
21
BlackRock Investment Management
Delaware
$570K -$19.9K -1,223 -4%
Renaissance Technologies
22
Renaissance Technologies
New York
$433K -$68.6K -4,223 -15%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$422K +$86.5K +5,325 +28%
Goldman Sachs
24
Goldman Sachs
New York
$353K
California State Teachers Retirement System (CalSTRS)
25
California State Teachers Retirement System (CalSTRS)
California
$306K +$3.25K +200 +1%

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.