First Bancorp
FNLC
60 hedge funds and large institutions have $79.8M invested in First Bancorp in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
20% more capital inflows, than outflows
Capital inflows: $2.7M | Capital outflows: $2.25M
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
2% more funds holding
Funds holding: 59 → 60 (+1)
0.17% more ownership
Funds ownership: 33.59% → 33.76% (+0.17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$401K |
| 2 |
Bath Savings Trust
Bath,
Maine
|
+$342K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$323K |
| 4 |
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
|
+$243K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$515K |
| 2 |
HM Payson & Co
Portland,
Maine
|
-$342K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$266K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$169K |
| 5 |
BlackRock
New York
|
-$137K |
FNLC Hedge Fund Activity: Q2 2020 in Review
60 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q2 2020, worth a combined $79.8M — down 1.2% from $80.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FNLC positions and 4 closed out — a net gain of 1 holder — while 19 added to existing stakes and 17 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $401K. The largest seller was Renaissance Technologies, cutting an estimated $515K.
- 60 institutional investors held First Bancorp (FNLC) as of Q2 2020, up from 59 in Q1 2020.
- Funds reported $79.8M of First Bancorp stock for Q2 2020, down 1.2% quarter-over-quarter.
- 5 funds opened new First Bancorp positions in Q2 2020 and 4 closed out, a net change of +1 holder.
- The largest First Bancorp buyer in Q2 2020 was Morgan Stanley, an estimated $401K added.
- The largest First Bancorp seller in Q2 2020 was Renaissance Technologies, an estimated $515K sold.
Based on aggregated 13F filings for Q2 2020.