First Bancorp
FNLC
56 hedge funds and large institutions have $55.5M invested in First Bancorp in 2015 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 25 increasing their positions, 11 reducing their positions, and 7 closing their positions.
127% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 11
14% more capital invested
Capital invested by funds: $48.7M → $55.5M (+$6.78M)
3% less funds holding
Funds holding: 58 → 56 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$3.93M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$848K |
| 3 |
KB
Kimelman & Baird
New York
|
+$794K |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$375K |
| 5 |
Renaissance Technologies
New York
|
+$262K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$1.29M |
| 2 |
Goldman Sachs
New York
|
-$353K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$296K |
| 4 |
GC
Grimes & Company
Westborough,
Massachusetts
|
-$263K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$233K |
FNLC Hedge Fund Activity: Q2 2015 in Review
56 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q2 2015, worth a combined $55.5M — up 14% from $48.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FNLC and 5 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 25 added.
The largest buyer was Maltese Capital Management, opening a new position worth an estimated $3.93M. The largest seller was THB Asset Management, exiting entirely with an estimated $1.29M sold.
- 56 institutional investors held First Bancorp (FNLC) as of Q2 2015, down from 58 in Q1 2015.
- Funds reported $55.5M of First Bancorp stock for Q2 2015, up 14% quarter-over-quarter.
- 5 funds opened new First Bancorp positions in Q2 2015 and 7 closed out, a net change of -2 holders.
- The largest First Bancorp buyer in Q2 2015 was Maltese Capital Management, an estimated $3.93M added.
- The largest First Bancorp seller in Q2 2015 was THB Asset Management, an estimated $1.29M sold.
Based on aggregated 13F filings for Q2 2015.