First Bancorp
FNLC
71 hedge funds and large institutions have $130M invested in First Bancorp in 2022 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 29 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
1% more funds holding
Funds holding: 70 → 71 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less capital invested
Capital invested by funds: $130M → $130M (-$118K)
0.16% less ownership
Funds ownership: 39.24% → 39.09% (-0.16%)
34% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.46M |
| 2 |
Goldman Sachs
New York
|
+$733K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$440K |
| 4 |
Morgan Stanley
New York
|
+$354K |
| 5 |
BHWM
Bar Harbor Wealth Management
Concord,
New Hampshire
|
+$331K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCA
Waypoint Capital Advisors
Minneapolis,
Minnesota
|
-$1.62M |
| 2 |
Renaissance Technologies
New York
|
-$869K |
| 3 |
BlackRock
New York
|
-$237K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$202K |
| 5 |
JP Morgan Chase
New York
|
-$166K |
FNLC Hedge Fund Activity: Q2 2022 in Review
71 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q2 2022, worth a combined $130M — down 0.09% from $130M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FNLC positions and 5 closed out — a net gain of 3 holders — while 19 added to existing stakes and 29 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $1.46M. The largest seller was Waypoint Capital Advisors, exiting entirely with an estimated $1.62M sold.
- 71 institutional investors held First Bancorp (FNLC) as of Q2 2022, up from 70 in Q1 2022.
- Funds reported $130M of First Bancorp stock for Q2 2022, down 0.09% quarter-over-quarter.
- 8 funds opened new First Bancorp positions in Q2 2022 and 5 closed out, a net change of +3 holders.
- The largest First Bancorp buyer in Q2 2022 was Fidelity Investments, an estimated $1.46M added.
- The largest First Bancorp seller in Q2 2022 was Waypoint Capital Advisors, an estimated $1.62M sold.
Based on aggregated 13F filings for Q2 2022.