FNLC ranks #4275 out of 37501 tracked stocks by institutional interest, inside the more closely watched half of our coverage.
FNLC is a top-conviction position for First Bancorp, Inc /ME/ — at 10.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in FNLC belongs to BlackRock, Inc., but the position matters far more to First Bancorp, Inc /ME/, who has 10.2% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
BlackRock has added to its FNLC position for two straight quarters, increasing it by $8.7M to reach $31.5M today.
Trexquant Investment LP has trimmed its FNLC position for two straight quarters, cutting it by $300.7K while still holding $400.3K.
FNLC is up 0.7% today, and institutions have been net buyers of $8.1M this quarter — today's price move and the underlying institutional flow are pointing the same direction.