First Bancorp
FNLC
65 hedge funds and large institutions have $125M invested in First Bancorp in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 26 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
17% more capital invested
Capital invested by funds: $107M → $125M (+$17.7M)
7% more funds holding
Funds holding: 61 → 65 (+4)
5.83% more ownership
Funds ownership: 33.08% → 38.91% (+5.8%)
31% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$519K |
| 2 |
Goldman Sachs
New York
|
+$362K |
| 3 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$239K |
| 4 |
SG Americas Securities
New York
|
+$205K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$161K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.01M |
| 2 |
BlackRock
New York
|
-$640K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$269K |
| 4 |
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
|
-$253K |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
-$212K |
FNLC Hedge Fund Activity: Q3 2021 in Review
65 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q3 2021, worth a combined $125M — up 17% from $107M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FNLC positions and 1 closed out — a net gain of 5 holders — while 18 added to existing stakes and 26 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $519K. The largest seller was Vanguard Group, cutting an estimated $1.01M.
- 65 institutional investors held First Bancorp (FNLC) as of Q3 2021, up from 61 in Q2 2021.
- Funds reported $125M of First Bancorp stock for Q3 2021, up 17% quarter-over-quarter.
- 6 funds opened new First Bancorp positions in Q3 2021 and 1 closed out, a net change of +5 holders.
- The largest First Bancorp buyer in Q3 2021 was Renaissance Technologies, an estimated $519K added.
- The largest First Bancorp seller in Q3 2021 was Vanguard Group, an estimated $1.01M sold.
Based on aggregated 13F filings for Q3 2021.