First Bancorp
FNLC
69 hedge funds and large institutions have $127M invested in First Bancorp in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 4 closing their positions.
97% more capital inflows, than outflows
Capital inflows: $4.68M | Capital outflows: $2.38M
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
3% more funds holding
Funds holding: 67 → 69 (+2)
0.83% more ownership
Funds ownership: 39.88% → 40.71% (+0.83%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.38M |
| 2 |
Morgan Stanley
New York
|
+$645K |
| 3 |
Barclays
London,
United Kingdom
|
+$292K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$273K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$273K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$1.23M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$415K |
| 3 |
Catalyst Financial Partners
Boston,
Massachusetts
|
-$248K |
| 4 |
First Bancorp
Damariscotta,
Maine
|
-$219K |
| 5 |
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
-$54.7K |
FNLC Hedge Fund Activity: Q4 2023 in Review
69 of the 6,876 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q4 2023, worth a combined $127M — up 23% from $104M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FNLC positions and 4 closed out — a net gain of 2 holders — while 24 added to existing stakes and 19 trimmed.
The largest buyer was BlackRock, adding an estimated $1.38M. The largest seller was Bank of New York Mellon, cutting an estimated $1.23M.
- 69 institutional investors held First Bancorp (FNLC) as of Q4 2023, up from 67 in Q3 2023.
- Funds reported $127M of First Bancorp stock for Q4 2023, up 23% quarter-over-quarter.
- 6 funds opened new First Bancorp positions in Q4 2023 and 4 closed out, a net change of +2 holders.
- The largest First Bancorp buyer in Q4 2023 was BlackRock, an estimated $1.38M added.
- The largest First Bancorp seller in Q4 2023 was Bank of New York Mellon, an estimated $1.23M sold.
Based on aggregated 13F filings for Q4 2023.