First Bancorp
FNLC
58 hedge funds and large institutions have $90M invested in First Bancorp in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 20 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
11% more capital inflows, than outflows
Capital inflows: $2.66M | Capital outflows: $2.39M
4% more funds holding
Funds holding: 56 → 58 (+2)
0.03% more ownership
Funds ownership: 33.16% → 33.2% (+0.03%)
40% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HM Payson & Co
Portland,
Maine
|
+$672K |
| 2 |
Renaissance Technologies
New York
|
+$435K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$361K |
| 4 |
MetLife Investment Management
Whippany,
New Jersey
|
+$278K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$270K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$482K |
| 2 |
BlackRock
New York
|
-$445K |
| 3 |
HA
Hamel Associates
Chatham,
New Jersey
|
-$247K |
| 4 |
Beacon Investment Advisory Services
Morristown,
New Jersey
|
-$210K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$210K |
FNLC Hedge Fund Activity: Q1 2019 in Review
58 of the 4,634 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q1 2019, worth a combined $90M — down 5% from $94.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FNLC positions and 3 closed out — a net gain of 2 holders — while 12 added to existing stakes and 20 trimmed.
The largest buyer was HM Payson & Co, opening a new position worth an estimated $672K. The largest seller was Morgan Stanley, cutting an estimated $482K.
- 58 institutional investors held First Bancorp (FNLC) as of Q1 2019, up from 56 in Q4 2018.
- Funds reported $90M of First Bancorp stock for Q1 2019, down 5% quarter-over-quarter.
- 5 funds opened new First Bancorp positions in Q1 2019 and 3 closed out, a net change of +2 holders.
- The largest First Bancorp buyer in Q1 2019 was HM Payson & Co, an estimated $672K added.
- The largest First Bancorp seller in Q1 2019 was Morgan Stanley, an estimated $482K sold.
Based on aggregated 13F filings for Q1 2019.