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First Bancorp

70 hedge funds and large institutions have $123M invested in First Bancorp in 2024 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 15 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

107% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 15

67% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 6

8% more capital invested

Capital invested by funds: $114M → $123M (+$9.06M)

4% more funds holding

Funds holding: 6770 (+3)

1.08% more ownership

Funds ownership: 41.06%42.14% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
70
Holders Change
+3
Holders Change %
+4.48%
% of All Funds
1.01%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
10
Increased
31
Reduced
15
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$21.3M +$1.02M +39,008 +5%
FB
2
First Bancorp
Maine
$19.1M -$174K -6,670 -0.9%
Vanguard Group
3
Vanguard Group
Pennsylvania
$13.7M +$628K +24,037 +5%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$12.4M +$59.2K +2,266 +0.5%
Manulife (Manufacturers Life Insurance)
5
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$10.3M -$68.5K -2,622 -0.7%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$5.94M +$41.8K +1,599 +0.7%
State Street
7
State Street
Massachusetts
$5.64M +$56.3K +2,156 +1%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$5.2M -$711K -27,211 -12%
Morgan Stanley
9
Morgan Stanley
New York
$4.94M +$782K +29,932 +19%
Renaissance Technologies
10
Renaissance Technologies
New York
$2.99M -$47K -1,800 -2%
Northern Trust
11
Northern Trust
Illinois
$2.37M +$169K +6,448 +8%
FP
12
Foundry Partners
Minnesota
$1.87M +$242K +9,245 +15%
LSV Asset Management
13
LSV Asset Management
Illinois
$1.18M
Goldman Sachs
14
Goldman Sachs
New York
$1.15M +$428K +16,369 +60%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$1.13M -$173K -6,620 -13%
Stifel Financial
16
Stifel Financial
Missouri
$963K +$211K +8,079 +28%
KB
17
Kimelman & Baird
New York
$898K
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$828K -$1.99K -76 -0.2%
Charles Schwab
19
Charles Schwab
California
$760K +$105 +4 +0%
N
20
Nuveen
North Carolina
$751K
Barclays
21
Barclays
United Kingdom
$609K +$269K +10,288 +80%
American Century Companies
22
American Century Companies
Missouri
$594K +$470 +18 +0.1%
JP Morgan Chase
23
JP Morgan Chase
New York
$588K +$433K +16,551 +285%
Citadel Advisors
24
Citadel Advisors
Florida
$563K +$116K +4,432 +26%
AWM
25
Apollon Wealth Management
South Carolina
$542K -$18.7K -714 -3%

FNLC Hedge Fund Activity: Q3 2024 in Review

70 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FNLC) for Q3 2024, worth a combined $123M — up 8% from $114M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FNLC positions and 6 closed out — a net gain of 4 holders — while 31 added to existing stakes and 15 trimmed.

The largest buyer was BlackRock, adding an estimated $1.02M. The largest seller was Fidelity Investments, cutting an estimated $711K.

  • 70 institutional investors held First Bancorp (FNLC) as of Q3 2024, up from 67 in Q2 2024.
  • Funds reported $123M of First Bancorp stock for Q3 2024, up 8% quarter-over-quarter.
  • 10 funds opened new First Bancorp positions in Q3 2024 and 6 closed out, a net change of +4 holders.
  • The largest First Bancorp buyer in Q3 2024 was BlackRock, an estimated $1.02M added.
  • The largest First Bancorp seller in Q3 2024 was Fidelity Investments, an estimated $711K sold.

Based on aggregated 13F filings for Q3 2024.