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First Bancorp

58 hedge funds and large institutions have $93.9M invested in First Bancorp in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

0.34% less ownership

Funds ownership: 32.41%32.06% (-0.34%)

1% less capital invested

Capital invested by funds: $95.1M → $93.9M (-$1.2M)

6% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 18

2% less funds holding

Funds holding: 5958 (-1)

Holders
58
Holders Change
-1
Holders Change %
-1.69%
% of All Funds
1.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
17
Reduced
18
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$18.4M -$333K -12,583 -2%
Manulife (Manufacturers Life Insurance)
2
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$12.4M +$548K +20,666 +5%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$9.66M +$455K +17,169 +5%
Vanguard Group
4
Vanguard Group
Pennsylvania
$8.98M +$86.7K +3,271 +1%
State Street
5
State Street
Massachusetts
$4.86M +$396K +14,952 +9%
Renaissance Technologies
6
Renaissance Technologies
New York
$4.44M -$446K -16,823 -9%
Northern Trust
7
Northern Trust
Illinois
$3.32M -$58.8K -2,218 -2%
FP
8
Foundry Partners
Minnesota
$2.88M -$39.8K -1,500 -1%
LSV Asset Management
9
LSV Asset Management
Illinois
$2.34M
Geode Capital Management
10
Geode Capital Management
Massachusetts
$2.2M +$67.2K +2,535 +3%
Morgan Stanley
11
Morgan Stanley
New York
$2.06M +$300K +11,305 +17%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$1.97M +$53.6K +2,023 +3%
BCM
13
Bridgeway Capital Management
Texas
$1.57M +$3.98K +150 +0.3%
DRZID
14
DePrince Race & Zollo Inc (DRZ)
Florida
$1.49M
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$1.22M +$94.4K +3,562 +9%
HPC
16
HM Payson & Co
Maine
$1.15M +$2.97K +112 +0.3%
Bank of America
17
Bank of America
North Carolina
$1.1M -$303K -11,451 -22%
KB
18
Kimelman & Baird
New York
$960K
NGA
19
Naples Global Advisors
Florida
$952K
California Public Employees Retirement System
20
California Public Employees Retirement System
California
$924K
CBT
21
Capital Bank & Trust
California
$920K +$901K +34,000 New
TCIM
22
TIAA CREF Investment Management
New York
$794K -$23K -866 -3%
UBS Group
23
UBS Group
Switzerland
$670K +$18.6K +702 +3%
SO
24
STRS Ohio
Ohio
$646K +$37.1K +1,400 +6%
PPA
25
Parametric Portfolio Associates
Washington
$638K -$15.7K -591 -2%

FNLC Hedge Fund Activity: Q2 2017 in Review

58 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q2 2017, worth a combined $93.9M — down 1.3% from $95.1M a quarter earlier.

Fund positioning in FNLC was balanced in Q2 2017: 5 funds opened new positions, 5 closed out, 17 added to existing stakes and 18 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $548K. The largest seller was ProVise Management Group, exiting entirely with an estimated $940K sold.

  • 58 institutional investors held First Bancorp (FNLC) as of Q2 2017, down from 59 in Q1 2017.
  • Funds reported $93.9M of First Bancorp stock for Q2 2017, down 1.3% quarter-over-quarter.
  • 5 funds opened new First Bancorp positions in Q2 2017 and 5 closed out, a net change of 0 holders.
  • The largest First Bancorp buyer in Q2 2017 was Manulife (Manufacturers Life Insurance), an estimated $548K added.
  • The largest First Bancorp seller in Q2 2017 was ProVise Management Group, an estimated $940K sold.

Based on aggregated 13F filings for Q2 2017.