First Bancorp
FNLC
70 hedge funds and large institutions have $130M invested in First Bancorp in 2022 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 24 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
4% more funds holding
Funds holding: 67 → 70 (+3)
0.13% more ownership
Funds ownership: 39.12% → 39.24% (+0.13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more call options, than puts
Call options by funds: $3K | Put options by funds: $3K
4% less capital invested
Capital invested by funds: $135M → $130M (-$5.07M)
4% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCA
Waypoint Capital Advisors
Minneapolis,
Minnesota
|
+$1.75M |
| 2 |
BHTS
Bar Harbor Trust Services
Ellsworth,
Maine
|
+$420K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$409K |
| 4 |
Millennium Management
New York
|
+$363K |
| 5 |
Goldman Sachs
New York
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.14M |
| 2 |
LPL Financial
San Diego,
California
|
-$525K |
| 3 |
BlackRock
New York
|
-$477K |
| 4 |
Barclays
London,
United Kingdom
|
-$340K |
| 5 |
JP Morgan Chase
New York
|
-$256K |
FNLC Hedge Fund Activity: Q1 2022 in Review
70 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q1 2022, worth a combined $130M — down 3.8% from $135M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FNLC positions and 4 closed out — a net gain of 3 holders — while 23 added to existing stakes and 24 trimmed.
The largest buyer was Waypoint Capital Advisors, opening a new position worth an estimated $1.75M. The largest seller was Vanguard Group, cutting an estimated $1.14M.
- 70 institutional investors held First Bancorp (FNLC) as of Q1 2022, up from 67 in Q4 2021.
- Funds reported $130M of First Bancorp stock for Q1 2022, down 3.8% quarter-over-quarter.
- 7 funds opened new First Bancorp positions in Q1 2022 and 4 closed out, a net change of +3 holders.
- The largest First Bancorp buyer in Q1 2022 was Waypoint Capital Advisors, an estimated $1.75M added.
- The largest First Bancorp seller in Q1 2022 was Vanguard Group, an estimated $1.14M sold.
Based on aggregated 13F filings for Q1 2022.