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First Bancorp
FNLC

56 hedge funds and large institutions have $105M invested in First Bancorp in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more capital invested

Capital invested by funds: $93.9M → $105M (+$11.1M)

0.04% less ownership

Funds ownership: 32.06% → 32.02% (-0.04%)

6% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 16

3% less funds holding

Funds holding: 58 → 56 (-2)

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

Holders
56
Holders Change
-2
Holders Change %
-3.45%
% of All Funds
1.4%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
15
Reduced
16
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Vanguard Group
Vanguard Group
Pennsylvania
+$1.2M
2
HA
Hamel Associates
New Jersey
+$391K
3
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$305K
4
VF
Virtu Financial
New York
+$252K
5
BlackRock
BlackRock
New York
+$239K

Top Sellers

Rank Fund Capital Flow
1
DRZID
DePrince Race & Zollo Inc (DRZ)
Florida
-$1.49M
2
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
-$466K
3
BSB
Bangor Savings Bank
Maine
-$289K
4
Bank of America
Bank of America
North Carolina
-$250K
5
Deutsche Bank
Deutsche Bank
Germany
-$218K
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$20.9M +$239K +8,920 +1%
Manulife (Manufacturers Life Insurance)
2
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$13.9M +$14.5K +540 +0.1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$11.4M +$1.2M +44,663 +13%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$11.2M +$305K +11,371 +3%
State Street
5
State Street
Massachusetts
$5.42M -$11.2K -417 -0.2%
Renaissance Technologies
6
Renaissance Technologies
New York
$5.1M +$115K +4,300 +3%
Northern Trust
7
Northern Trust
Illinois
$3.71M -$6.5K -242 -0.2%
FP
8
Foundry Partners
Minnesota
$3.49M +$236K +8,775 +8%
LSV Asset Management
9
LSV Asset Management
Illinois
$2.58M -$37.6K -1,400 -2%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$2.53M +$60.1K +2,239 +3%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$2.13M -$68.1K -2,536 -3%
Morgan Stanley
12
Morgan Stanley
New York
$2.13M -$158K -5,880 -8%
BCM
13
Bridgeway Capital Management
Texas
$1.76M – – –
HPC
14
HM Payson & Co
Maine
$1.25M -$29.5K -1,100 -3%
KB
15
Kimelman & Baird
New York
$1.07M – – –
NGA
16
Naples Global Advisors
Florida
$1.07M – – –
California Public Employees Retirement System
17
California Public Employees Retirement System
California
$1.03M – – –
CBT
18
Capital Bank & Trust
California
$1.03M – – –
Bank of America
19
Bank of America
North Carolina
$953K -$250K -9,322 -23%
TCIM
20
TIAA CREF Investment Management
New York
$900K +$9.48K +353 +1%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$841K -$466K -17,373 -39%
UBS Group
22
UBS Group
Switzerland
$816K +$58.7K +2,188 +9%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$734K +$20.1K +749 +3%
SO
24
STRS Ohio
Ohio
$706K -$16.1K -600 -3%
PPA
25
Parametric Portfolio Associates
Washington
$630K -$75.4K -2,810 -12%
1
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FNLC Hedge Fund Activity: Q3 2017 in Review

56 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q3 2017, worth a combined $105M — up 12% from $93.9M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of FNLC and 5 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 15 added.

The largest buyer was Vanguard Group, adding an estimated $1.2M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $1.49M sold.

  • 56 institutional investors held First Bancorp (FNLC) as of Q3 2017, down from 58 in Q2 2017.
  • Funds reported $105M of First Bancorp stock for Q3 2017, up 12% quarter-over-quarter.
  • 5 funds opened new First Bancorp positions in Q3 2017 and 7 closed out, a net change of -2 holders.
  • The largest First Bancorp buyer in Q3 2017 was Vanguard Group, an estimated $1.2M added.
  • The largest First Bancorp seller in Q3 2017 was DePrince Race & Zollo Inc (DRZ), an estimated $1.49M sold.

Based on aggregated 13F filings for Q3 2017.