First Bancorp
FNLC
59 hedge funds and large institutions have $95M invested in First Bancorp in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
38% more capital inflows, than outflows
Capital inflows: $3.9M | Capital outflows: $2.83M
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
5% more funds holding
Funds holding: 56 → 59 (+3)
0.31% more ownership
Funds ownership: 32.02% → 32.33% (+0.31%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$772K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$541K |
| 3 |
Morgan Stanley
New York
|
+$516K |
| 4 |
QCM Cayman
Houston,
Texas
|
+$470K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$406K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$530K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$418K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$297K |
| 4 |
Virtu Financial
New York
|
-$284K |
| 5 |
Credit Suisse
Zurich,
Switzerland
|
-$227K |
FNLC Hedge Fund Activity: Q4 2017 in Review
59 of the 4,420 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q4 2017, worth a combined $95M — down 9.5% from $105M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FNLC positions and 4 closed out — a net gain of 3 holders — while 19 added to existing stakes and 15 trimmed.
The largest buyer was Vanguard Group, adding an estimated $772K. The largest seller was Bank of America, cutting an estimated $530K.
- 59 institutional investors held First Bancorp (FNLC) as of Q4 2017, up from 56 in Q3 2017.
- Funds reported $95M of First Bancorp stock for Q4 2017, down 9.5% quarter-over-quarter.
- 7 funds opened new First Bancorp positions in Q4 2017 and 4 closed out, a net change of +3 holders.
- The largest First Bancorp buyer in Q4 2017 was Vanguard Group, an estimated $772K added.
- The largest First Bancorp seller in Q4 2017 was Bank of America, an estimated $530K sold.
Based on aggregated 13F filings for Q4 2017.