First Bancorp
FNLC
58 hedge funds and large institutions have $66.8M invested in First Bancorp in 2015 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 13 reducing their positions, and 4 closing their positions.
180% more capital inflows, than outflows
Capital inflows: $3.61M | Capital outflows: $1.29M
77% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 13
0.96% more ownership
Funds ownership: 31.09% → 32.05% (+0.96%)
0% more funds holding
Funds holding: 58 → 58 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Foundry Partners
Minneapolis,
Minnesota
|
+$479K |
| 2 |
Renaissance Technologies
New York
|
+$327K |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$305K |
| 4 |
Cypress Wealth Advisors
San Francisco,
California
|
+$217K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$171K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$457K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$245K |
| 3 |
Russell Frank Company
Seattle,
Washington
|
-$195K |
| 4 |
Portland Global Advisors
Portland,
Maine
|
-$101K |
| 5 |
Morgan Stanley
New York
|
-$88K |
FNLC Hedge Fund Activity: Q4 2015 in Review
58 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q4 2015, worth a combined $66.8M — up 11% from $60.2M a quarter earlier.
Fund positioning in FNLC was balanced in Q4 2015: 4 funds opened new positions, 4 closed out, 23 added to existing stakes and 13 trimmed.
The largest buyer was Foundry Partners, adding an estimated $479K. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $457K.
- 58 institutional investors held First Bancorp (FNLC) as of Q4 2015, unchanged from Q3 2015.
- Funds reported $66.8M of First Bancorp stock for Q4 2015, up 11% quarter-over-quarter.
- 4 funds opened new First Bancorp positions in Q4 2015 and 4 closed out, a net change of 0 holders.
- The largest First Bancorp buyer in Q4 2015 was Foundry Partners, an estimated $479K added.
- The largest First Bancorp seller in Q4 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $457K sold.
Based on aggregated 13F filings for Q4 2015.