We are live on ! Find out more
FNLC icon

First Bancorp
FNLC

59 hedge funds and large institutions have $95.1M invested in First Bancorp in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 24 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.1% less ownership

Funds ownership: 32.51% → 32.41% (-0.1%)

9% less funds holding

Funds holding: 65 → 59 (-6)

18% less capital invested

Capital invested by funds: $116M → $95.1M (-$20.4M)

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

38% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 24

Holders
59
Holders Change
-6
Holders Change %
-9.23%
% of All Funds
1.47%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
15
Reduced
24
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$19.1M
2
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
+$3.56M
3
Vanguard Group
Vanguard Group
Pennsylvania
+$1.05M
4
Renaissance Technologies
Renaissance Technologies
New York
+$642K
5
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$574K

Top Sellers

Rank Fund Capital Flow
1
BFC
Banc Funds Company
Illinois
-$2.87M
2
HPC
HM Payson & Co
Maine
-$791K
3
LSV Asset Management
LSV Asset Management
Illinois
-$681K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$515K
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$416K
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$18.9M +$19.1M +691,061 +36,739%
Manulife (Manufacturers Life Insurance)
2
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$11.9M +$3.56M +128,784 +42%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$9.26M +$574K +20,760 +7%
Vanguard Group
4
Vanguard Group
Pennsylvania
$8.96M +$1.05M +37,994 +13%
Renaissance Technologies
5
Renaissance Technologies
New York
$4.93M +$642K +23,223 +15%
State Street
6
State Street
Massachusetts
$4.48M -$271K -9,824 -6%
Northern Trust
7
Northern Trust
Illinois
$3.4M +$210K +7,611 +6%
FP
8
Foundry Partners
Minnesota
$2.94M +$359K +13,000 +14%
LSV Asset Management
9
LSV Asset Management
Illinois
$2.36M -$681K -24,640 -22%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$2.14M +$509K +18,411 +31%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$1.93M +$107K +3,873 +6%
Morgan Stanley
12
Morgan Stanley
New York
$1.76M -$319K -11,553 -15%
BCM
13
Bridgeway Capital Management
Texas
$1.58M -$276K -10,000 -15%
DRZID
14
DePrince Race & Zollo Inc (DRZ)
Florida
$1.5M -$17K -614 -1%
Bank of America
15
Bank of America
North Carolina
$1.42M -$377K -13,644 -21%
HPC
16
HM Payson & Co
Maine
$1.15M -$791K -28,635 -40%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$1.13M -$86K -3,113 -7%
KB
18
Kimelman & Baird
New York
$966K -$38.7K -1,400 -4%
NGA
19
Naples Global Advisors
Florida
$958K – – –
PMG
20
ProVise Management Group
Florida
$940K -$27.6K -1,000 -3%
California Public Employees Retirement System
21
California Public Employees Retirement System
California
$931K – – –
CGT
22
Capital Guardian Trust
California
$927K – – –
TCIM
23
TIAA CREF Investment Management
New York
$823K -$32.3K -1,169 -4%
Deutsche Bank
24
Deutsche Bank
Germany
$787K +$153K +5,544 +24%
PPA
25
Parametric Portfolio Associates
Washington
$659K -$58.6K -2,120 -8%
1
2 3

FNLC Hedge Fund Activity: Q1 2017 in Review

59 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q1 2017, worth a combined $95.1M — down 18% from $116M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of FNLC and 4 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 15 added.

The largest buyer was BlackRock, adding an estimated $19.1M. The largest seller was Banc Funds Company, exiting entirely with an estimated $2.87M sold.

  • 59 institutional investors held First Bancorp (FNLC) as of Q1 2017, down from 65 in Q4 2016.
  • Funds reported $95.1M of First Bancorp stock for Q1 2017, down 18% quarter-over-quarter.
  • 4 funds opened new First Bancorp positions in Q1 2017 and 6 closed out, a net change of -2 holders.
  • The largest First Bancorp buyer in Q1 2017 was BlackRock, an estimated $19.1M added.
  • The largest First Bancorp seller in Q1 2017 was Banc Funds Company, an estimated $2.87M sold.

Based on aggregated 13F filings for Q1 2017.