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First Bancorp

62 hedge funds and large institutions have $129M invested in First Bancorp in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more capital invested

Capital invested by funds: $95.6M → $129M (+$33.9M)

6.02% more ownership

Funds ownership: 34.44%40.46% (+6%)

3% less funds holding

Funds holding: 6462 (-2)

17% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 24

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

Holders
62
Holders Change
-2
Holders Change %
-3.13%
% of All Funds
1.09%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
3
Increased
20
Reduced
24
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$24.2M +$1.39M +51,916 +7%
FB
2
First Bancorp
Maine
$21.7M +$19.9M +743,533 New
Vanguard Group
3
Vanguard Group
Pennsylvania
$16M +$105K +3,907 +0.7%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$13.3M -$194K -7,218 -2%
Manulife (Manufacturers Life Insurance)
5
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$11.9M -$1.4K -52 -0%
State Street
6
State Street
Massachusetts
$5.48M -$208K -7,743 -4%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$4.53M +$257K +9,565 +7%
Renaissance Technologies
8
Renaissance Technologies
New York
$4.38M -$488K -18,200 -11%
Northern Trust
9
Northern Trust
Illinois
$3.08M -$312K -11,649 -10%
Morgan Stanley
10
Morgan Stanley
New York
$2.76M -$102K -3,809 -4%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$2.24M +$48.8K +1,821 +2%
FP
12
Foundry Partners
Minnesota
$2.06M -$81.7K -3,045 -4%
LSV Asset Management
13
LSV Asset Management
Illinois
$1.66M -$40.5K -1,510 -3%
N
14
Nuveen
North Carolina
$1.48M -$90K -3,356 -6%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$1.07M +$197K +7,336 +25%
CBT
16
Capital Bank & Trust
California
$992K
JP Morgan Chase
17
JP Morgan Chase
New York
$982K +$21.9K +815 +2%
Stifel Financial
18
Stifel Financial
Missouri
$888K
Charles Schwab
19
Charles Schwab
California
$742K
NGA
20
Naples Global Advisors
Florida
$707K -$51K -1,900 -7%
PMG
21
ProVise Management Group
Florida
$704K
Bank of America
22
Bank of America
North Carolina
$697K +$150K +5,588 +31%
California Public Employees Retirement System
23
California Public Employees Retirement System
California
$577K -$84.4K -3,145 -14%
WI
24
WBI Investments
New Jersey
$546K +$227K +8,457 +82%
Barclays
25
Barclays
United Kingdom
$544K +$147K +5,492 +42%

FNLC Hedge Fund Activity: Q1 2021 in Review

62 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q1 2021, worth a combined $129M — up 35% from $95.6M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of FNLC and 3 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 20 added.

The largest buyer was BlackRock, adding an estimated $1.39M. The largest seller was Kestra Advisory Services, exiting entirely with an estimated $1.22M sold.

  • 62 institutional investors held First Bancorp (FNLC) as of Q1 2021, down from 64 in Q4 2020.
  • Funds reported $129M of First Bancorp stock for Q1 2021, up 35% quarter-over-quarter.
  • 3 funds opened new First Bancorp positions in Q1 2021 and 5 closed out, a net change of -2 holders.
  • The largest First Bancorp buyer in Q1 2021 was BlackRock, an estimated $1.39M added.
  • The largest First Bancorp seller in Q1 2021 was Kestra Advisory Services, an estimated $1.22M sold.

Based on aggregated 13F filings for Q1 2021.