First Bancorp
FNLC
67 hedge funds and large institutions have $114M invested in First Bancorp in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 29 increasing their positions, 19 reducing their positions, and 6 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 19
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
3% more funds holding
Funds holding: 65 → 67 (+2)
3% more capital invested
Capital invested by funds: $111M → $114M (+$2.82M)
0.7% more ownership
Funds ownership: 40.36% → 41.06% (+0.7%)
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
|
+$876K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$445K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$340K |
| 4 |
Jane Street
New York
|
+$242K |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$435K |
| 2 |
BFA
Bright Financial Advisors
Portage,
Michigan
|
-$402K |
| 3 |
JP Morgan Chase
New York
|
-$314K |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
-$214K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$188K |
FNLC Hedge Fund Activity: Q2 2024 in Review
67 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q2 2024, worth a combined $114M — up 2.5% from $111M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FNLC positions and 6 closed out — a net gain of 2 holders — while 29 added to existing stakes and 19 trimmed.
The largest buyer was BlackRock, adding an estimated $876K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $435K sold.
- 67 institutional investors held First Bancorp (FNLC) as of Q2 2024, up from 65 in Q1 2024.
- Funds reported $114M of First Bancorp stock for Q2 2024, up 2.5% quarter-over-quarter.
- 8 funds opened new First Bancorp positions in Q2 2024 and 6 closed out, a net change of +2 holders.
- The largest First Bancorp buyer in Q2 2024 was BlackRock, an estimated $876K added.
- The largest First Bancorp seller in Q2 2024 was Susquehanna International Group, an estimated $435K sold.
Based on aggregated 13F filings for Q2 2024.