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 7 closing their positions.
227% more capital inflows, than outflows
Capital inflows: $26.8M | Capital outflows: $8.19M
0.1% less ownership
Funds ownership: 32.51% → 32.41% (-0.1%)
11% less funds holding
Funds holding: 66 → 59 (-7)
38% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 24
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$19.1M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$3.56M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.05M |
| 4 |
Renaissance Technologies
New York
|
+$642K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$574K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Banc Funds Company
Chicago,
Illinois
|
-$2.87M |
| 2 |
HM Payson & Co
Portland,
Maine
|
-$791K |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$681K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$515K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$416K |
FNLC Hedge Fund Activity: Q1 2017 in Review
59 of the 4,035 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: 7 funds closed out of FNLC and 4 opened new positions — a net loss of 3 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 66 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 7 closed out, a net change of -3 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.