We are live on ! Find out more
FNLC icon

First Bancorp
FNLC

60 hedge funds and large institutions have $65.6M invested in First Bancorp in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 26 increasing their positions, 11 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

136% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 11

8% more capital invested

Capital invested by funds: $60.5M → $65.6M (+$5.07M)

5% more funds holding

Funds holding: 57 → 60 (+3)

Holders
60
Holders Change
+3
Holders Change %
+5.26%
% of All Funds
1.6%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
5
Increased
26
Reduced
11
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
HPC
HM Payson & Co
Maine
+$1.49M
2
PMG
ProVise Management Group
Florida
+$717K
3
S
StratiFi
California
+$508K
4
LSV Asset Management
LSV Asset Management
Illinois
+$497K
5
Renaissance Technologies
Renaissance Technologies
New York
+$277K

Top Sellers

Rank Fund Capital Flow
1
RA
Royce & Associates
New York
-$823K
2
Bank of America
Bank of America
North Carolina
-$183K
3
BFA
BlackRock Fund Advisors
California
-$119K
4
PPA
Parametric Portfolio Associates
Washington
-$96.1K
5
BFC
Banc Funds Company
Illinois
-$56.5K
Name Holding Trade Value Shares
Change 		Change in
Stake
Manulife (Manufacturers Life Insurance)
1
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$6M – – –
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$5.92M +$150K +7,969 +3%
BIT
3
BlackRock Institutional Trust
California
$5.51M +$2.73K +145 +0.1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$5.41M +$151K +8,035 +3%
BFA
5
BlackRock Fund Advisors
California
$5.36M -$119K -6,301 -2%
State Street
6
State Street
Massachusetts
$2.98M +$15.4K +820 +0.5%
LSV Asset Management
7
LSV Asset Management
Illinois
$2.57M +$497K +26,382 +25%
DRZID
8
DePrince Race & Zollo Inc (DRZ)
Florida
$2.51M -$33.2K -1,763 -1%
Renaissance Technologies
9
Renaissance Technologies
New York
$2.44M +$277K +14,700 +13%
Northern Trust
10
Northern Trust
Illinois
$2.23M +$27.2K +1,445 +1%
BFC
11
Banc Funds Company
Illinois
$1.99M -$56.5K -3,000 -3%
Bank of America
12
Bank of America
North Carolina
$1.86M -$183K -9,730 -9%
FP
13
Foundry Partners
Minnesota
$1.6M +$48.9K +2,600 +3%
BCM
14
Bridgeway Capital Management
Texas
$1.57M – – –
HPC
15
HM Payson & Co
Maine
$1.54M +$1.49M +79,204 New
Bank of New York Mellon
16
Bank of New York Mellon
New York
$1.17M +$71.1K +3,777 +7%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$938K +$188 +10 +0%
Morgan Stanley
18
Morgan Stanley
New York
$879K +$113K +5,998 +15%
KB
19
Kimelman & Baird
New York
$841K -$31.6K -1,680 -4%
BIM
20
BlackRock Investment Management
Delaware
$788K +$5.63K +299 +0.7%
TCIM
21
TIAA CREF Investment Management
New York
$787K -$46.3K -2,460 -6%
MCM
22
Maltese Capital Management
New York
$746K – – –
PMG
23
ProVise Management Group
Florida
$744K +$717K +38,124 New
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$667K – – –
CGT
25
Capital Guardian Trust
California
$663K – – –
1
2 3

FNLC Hedge Fund Activity: Q1 2016 in Review

60 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q1 2016, worth a combined $65.6M — up 8.4% from $60.5M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new FNLC positions and 2 closed out — a net gain of 3 holders — while 26 added to existing stakes and 11 trimmed.

The largest buyer was HM Payson & Co, opening a new position worth an estimated $1.49M. The largest seller was Royce & Associates, exiting entirely with an estimated $823K sold.

  • 60 institutional investors held First Bancorp (FNLC) as of Q1 2016, up from 57 in Q4 2015.
  • Funds reported $65.6M of First Bancorp stock for Q1 2016, up 8.4% quarter-over-quarter.
  • 5 funds opened new First Bancorp positions in Q1 2016 and 2 closed out, a net change of +3 holders.
  • The largest First Bancorp buyer in Q1 2016 was HM Payson & Co, an estimated $1.49M added.
  • The largest First Bancorp seller in Q1 2016 was Royce & Associates, an estimated $823K sold.

Based on aggregated 13F filings for Q1 2016.