First BanCorp

FBP • NYSE

First BanCorp is a banks - regional company in the financial services sector on NYSE, led by Orlando Berges-Gonzalez, with a market cap of $3.3B. As of Q3 2025, 94% of shares are held by 282 institutional investors, with BlackRock, Inc. as the largest holder at 14.44%.

Chief Executive OfficerOrlando Berges-Gonzalez

Market Cap$3.3B

Banks - Regional

Financial Services

Employees3.2K

Website1firstbank.com

Country

United States of America

Overview

Overview of institutional ownership in FBP as of Q3 2025 with a market cap of $3.5B

All Institutions

Institutions: 282
Value Held: $3.3B
Shares Held: 151.6M
Avg Position: $11.9M
Median Position: $815.6K

Hedge Funds

Hedge Funds: 42
Value Held: $277.6M
Shares Held: 12.6M
Avg Position: $6.6M
Median Position: $1.9M

Ownership Breakdown

Institutional (non-HF)

86.64%

$3.1B

Hedge Funds

7.84%

$277.6M

Retail & Other

5.52%

$195.3M

Based on market cap of $3.5B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in FBP as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$510.9M 0.01% of portfolio	14.44% 23.2M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$464.2M 0.01% of portfolio	13.12% 21.1M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
FMR LLC Institution	-	$220.5M 0.01% of portfolio	6.23% 10.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.92T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$184.6M 0.01% of portfolio	5.22% 8.4M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$178.7M 0.04% of portfolio	5.05% 8.1M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
A AMERICAN CENTURY COMPANIES INC Institution	-	$156.3M 0.08% of portfolio	4.42% 7.1M shares	Q1 2019 Held for 6y 8m	$195.93B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$102.8M 0.01% of portfolio	2.91% 4.7M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
ALLIANCEBERNSTEIN L.P. Long Only Manager	Seth Perry Bernstein CEO	$101.4M 0.03% of portfolio	2.87% 4.6M shares	≤ Q2 2013 Held for 12y 5m+	$317.45B
FIRST TRUST ADVISORS LP ETF Provider	James Allen Bowen CEO	$92.8M 0.07% of portfolio	2.62% 4.2M shares	Q4 2016 Held for 8y 11m	$134.11B
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$76.9M 0.01% of portfolio	2.17% 3.5M shares	Q1 2014 Held for 11y 8m	$912.31B

Net Capital Flow

Institutional buying and selling activity for FBP in Q3 2025

Traded: −$18.6M
Buyers: 128
Sellers: 138
Total Bought: +$142.8M
Total Sold: −$161.4M
Avg Position: $10.7M

Biggest Buyers

Institution	Net Bought	Current Position
Robeco Investment Management, Inc. Long Only Manager	+$24.6M +1.1M shares	$27.8M 1.3M shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	+$12.1M +548.2K shares	$50.4M 2.3M shares
A Allianz Asset Management AG Institution	+$11.6M +524.3K shares	$18.1M 821.9K shares
D D. E. Shaw & Co., Inc. Institution	+$7.5M +340.3K shares	$12.0M 543.4K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	+$6.3M +287.0K shares	$9.8M 445.3K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$5.3M +241.0K shares	$10.9M 494.8K shares
Bridgewater Associates, LP Hedge Fund•Global Macro	+$4.9M +223.5K shares	$4.9M 223.5K shares
JPMORGAN CHASE & CO Institution	+$4.1M +184.8K shares	$31.0M 1.4M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$3.7M +166.2K shares	$76.9M 3.5M shares
FRONTIER CAPITAL MANAGEMENT CO LLC Long Only Manager	+$3.6M +163.5K shares	$67.8M 3.1M shares

Biggest Sellers

Institution	Net Sold	Current Position
T TEXAS PERMANENT SCHOOL FUND Institution	−$13.4M −645.2K shares	Sold Off 0 shares
A AMERICAN CENTURY COMPANIES INC Institution	−$10.0M −453.1K shares	$156.3M 7.1M shares
Q Qube Research & Technologies Ltd Institution	−$9.7M −441.0K shares	$21.9M 993.4K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$7.8M −352.4K shares	$31.6M 1.4M shares
C Cubist Systematic Strategies, LLC Institution	−$7.4M −337.4K shares	$3.4M 152.0K shares
MORGAN STANLEY RIA/Wealth	−$7.4M −333.6K shares	$48.0M 2.2M shares
A Assenagon Asset Management S.A. Institution	−$6.6M −315.8K shares	Sold Off 0 shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	−$6.0M −273.3K shares	$10.1M 457.4K shares
HENDERSON GROUP PLC Institution	−$5.5M −249.1K shares	$7.3M 329.9K shares
ING INVESTMENT MANAGEMENT LLC Insurance Manager	−$5.2M −236.1K shares	$10.4M 471.4K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited FBP in Q3 2025

New Positions: 10
New Value: $6.1M
Exited Positions: 30
Exited Value: $30.2M

New Positions

Institution	Position Value
Bridgewater Associates, LP Hedge Fund•Global Macro	$4.9M 223.5K shares
Virtus ETF Advisers LLC Long Only Manager	$482.0K 21.9K shares
Q Qtron Investments LLC Hedge Fund•Quant	$301.3K 13.7K shares
D denkapparat Operations GmbH Institution	$204.8K 9.3K shares
Longboard Asset Management, LP Long Only Manager	$204.1K 9.3K shares
S Salomon & Ludwin, LLC Institution	$12.4K 564.0 shares
JPL Wealth Management, LLC RIA/Wealth	$2.3K 105.0 shares
Sontag Advisory, LLC RIA/Wealth	$1.2K 53.0 shares
FINANCIAL CONSULATE, INC RIA/Wealth	$927.0 42.0 shares
R Rossby Financial, LCC RIA/Wealth	$543.0 25.0 shares

Exited Positions

Institution	Previous Position
T TEXAS PERMANENT SCHOOL FUND Institution	$13.4M 645.2K shares
A Assenagon Asset Management S.A. Institution	$6.6M 315.8K shares
Summit Global Investments Long Only Manager	$1.1M 54.9K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$1.0M 50.3K shares
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$1.0M 50.2K shares
D Dynamic Technology Lab Private Ltd Institution	$921.0K 44.2K shares
SummerHaven Investment Management, LLC Long Only Manager	$901.8K 43.3K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	$759.0K 36.4K shares
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	$617.1K 29.6K shares
H HSBC HOLDINGS PLC Institution	$594.0K 28.4K shares

Options Activity

Institutions with the largest Call and Put options positions in FBP as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with FBP as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
R RAFFLES ASSOCIATES LP Hedge Fund•Value	Paul H. O'Leary Managing Partner	2.82% $2.9M	0.08% 132.9K shares	Q4 2017 Held for 7y 11m	$103.8M
X-Square Capital, LLC Long Only Manager	Ignacio Manuel Canto President	1.92% $5.9M	0.17% 266.9K shares	Q2 2018 Held for 7y 5m	$306.2M
Rock Point Advisors, LLC RIA/Wealth	Todd Alan Wulfson President	1.88% $7.1M	0.20% 321.4K shares	Q4 2013 Held for 11y 11m	$377.4M
S Stieven Capital Advisors, L.P. Hedge Fund•Long/Short	Joseph Albert Stieven Managing Partner	1.30% $6.9M	0.19% 311.8K shares	Q4 2013 Held for 11y 11m	$530.5M
Penbrook Management LLC RIA/Wealth	Robert Stephen Anderson Managing Partner	0.81% $1.2M	0.03% 52.6K shares	Q4 2017 Held for 7y 11m	$143.0M
Range Financial Group LLC RIA/Wealth	Eric Robert Dahm Managing Partner	0.74% $2.0M	0.06% 92.4K shares	Q3 2022 Held for 3y 2m	$276.8M
FRONTIER CAPITAL MANAGEMENT CO LLC Long Only Manager	William Allen Teichner Managing Partner	0.61% $67.8M	1.92% 3.1M shares	Q4 2016 Held for 8y 11m	$11.1B
Jackson Creek Investment Advisors LLC Long Only Manager	Mark Frederick Jaeger Managing Partner	0.57% $2.0M	0.06% 89.5K shares	Q2 2024 Held for 1y 5m	$345.2M
Bayforest Capital Ltd Hedge Fund•Quant	Theodoros Tsagaris CEO	0.43% $897.9K	0.03% 40.7K shares	Q2 2025 Held for 5 months	$209.9M
F Fieldview Capital Management, LLC Hedge Fund•Long/Short	Braden Shayne Janowski CIO	0.42% $2.6M	0.07% 117.5K shares	Q4 2024 Held for 11 months	$616.3M

Hedge Fund Spotlight

Discover hedge funds investing in FBP

EntryPoint Capital, LLC

Hedge Fund • Long/Short

Portfolio ManagerLawrence Edward Leibowitz

Portfolio Value: $258.4M
Positions: 644
Last Reported: Q3 2025

Sector Allocation

Position in First BanCorp

Market Value: $545.8K
Shares Held: 24.8K
Portfolio Weight: 0.21%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Verizon Communications VZ	Telecommunications Services Communication Services	$1.5M	0.60%
2 Strategic Education, Inc. STRA	Education & Training Services Consumer Defensive	$1.5M	0.58%
3 ESCO Technologies ESE	Hardware, Equipment & Parts Technology	$1.5M	0.56%