First Bancorp
FNLC
48 hedge funds and large institutions have $53.3M invested in First Bancorp in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
2% more funds holding
Funds holding: 47 → 48 (+1)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
0.34% less ownership
Funds ownership: 30.16% → 29.82% (-0.34%)
40% less capital inflows, than outflows
Capital inflows: $884K | Capital outflows: $1.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Naples Global Advisors
Naples,
Florida
|
+$261K |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$205K |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$101K |
| 4 |
Renaissance Technologies
New York
|
+$72K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$59.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$675K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$255K |
| 3 |
BlackRock Fund Advisors
San Francisco,
California
|
-$229K |
| 4 |
Morgan Stanley
New York
|
-$93.7K |
| 5 |
Bank of New York Mellon
New York
|
-$40.9K |
FNLC Hedge Fund Activity: Q3 2014 in Review
48 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q3 2014, worth a combined $53.3M — down 5.5% from $56.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FNLC positions and 2 closed out — a net gain of 1 holder — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Naples Global Advisors, opening a new position worth an estimated $261K. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $675K.
- 48 institutional investors held First Bancorp (FNLC) as of Q3 2014, up from 47 in Q2 2014.
- Funds reported $53.3M of First Bancorp stock for Q3 2014, down 5.5% quarter-over-quarter.
- 3 funds opened new First Bancorp positions in Q3 2014 and 2 closed out, a net change of +1 holder.
- The largest First Bancorp buyer in Q3 2014 was Naples Global Advisors, an estimated $261K added.
- The largest First Bancorp seller in Q3 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $675K sold.
Based on aggregated 13F filings for Q3 2014.