Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

First Bancorp Inc Me (FNLC)

104 + Investors. Track Smart Money conviction in FNLC. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
8Q ▲
Buyers last Q
55%

Smart Money Signals — FNLC

Based on 105 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 8 quarters in a row

last 6Q
For 8 consecutive quarters, more hedge funds added FNLC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
105 hedge funds hold FNLC right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +28% more funds vs a year ago

fund count last 6Q
+23 new funds entered over the past year (+28% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 55% buying

47 buying39 selling
Last quarter: 47 funds bought or added vs 39 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~14 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 12 → 14 → 11 → 14. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 27% medium ■ 25% new
51 out of 105 hedge funds have held FNLC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~14 new funds/quarter

15 → 12 → 14 → 11 → 14 new funds/Q
New funds entering each quarter: 12 → 14 → 11 → 14. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 54% veterans vs 35% newcomers

■ 54% veterans ■ 10% 1-2yr ■ 35% new
Entry-cohort mix of 105 holders: 57 (54%) are 2+ year veterans, 11 entered 1–2 years ago, and 37 (35%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 42% AUM from top-100 funds

42% from top-100 AUM funds
31 of 105 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in FNLC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — FNLC

In 2026 Q1, 47 hedge funds were net buyers of FNLC (14 opened a new position, 33 added to an existing one), while 39 reduced or exited (32 trimmed, 7 sold completely) — a 55% buyer ratio, indicating a slight buying edge. This marks 8 consecutive quarters of net institutional buying — a persistent conviction signal. 42% of total institutional value in FNLC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 105.

Hedge Fund Ownership: FNLC

How many hedge funds hold FNLC — quarterly history vs. share price
Quarterly hedge fund ownership of FNLC vs. share price

Market Analysis: FNLC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FNLC

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy First Bancorp Inc Me (FNLC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FNLC has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 86d ago
FNLC
+21.7%
XLF
+9.2%

FNLC outperformed XLF by +12.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 41d ago
FNLC
+22.9%
XLF
+5.5%

Since the filing became public, FNLC outperformed XLF by +17.4% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

13 top-rated funds 0 high-conviction
Consensus
5.0
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: FNLC
104 + Investors

Track Smart Money conviction in FNLC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 104 98 6.12%
13F Shares 5M 5M 0.1%
Total Value $135M $131M 3.27%
New Positions 13 11 +2
Increased Positions 33 31 +2
Closed Positions 7 7 -
Reduced Positions 32 35 -3
Total Calls 0 0 -
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FNLC

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

104 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FNLC. Verified SEC 13F-HR filings.

QUARTER:
Top 25 FNLC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 First Bancorp, Inc /ME/ 10.33% 741,517 $20.8M
2 Rhino Investment Partners, Inc 0.38% 48,585 $1.4M
3 Coston, McIsaac & Partners 0.32% 50,699 $1.4M
4 Birchbrook, INC. 0.10% 7,000 $196K
5 Kimelman & Baird, LLC 0.08% 35,625 $999K
6 Naples Global Advisors, LLC 0.05% 23,617 $662K
7 SeaBridge Investment Advisors LLC 0.04% 9,001 $252K
8 Medallion Wealth Advisors, LLC 0.04% 3,275 $81K
9 Means Investment CO., INC. 0.03% 10,661 $299K
10 Bridgeway Capital Management, LLC 0.02% 34,154 $957K
11 Bangor Savings Bank 0.02% 7,148 $200K
12 Apollon Wealth Management, LLC 0.01% 21,337 $598K
13 Manufacturers Life Insurance Company, the 0.01% 378,034 $10.6M
14 Martingale Asset Management L P 0.01% 9,312 $261K
15 Hm Payson & Co 0.01% 14,809 $415K
16 Trexquant Investment LP 0.00% 24,288 $681K
17 Versant Capital Management, Inc 0.00% 1,761 $49K
18 Renaissance Technologies LLC 0.00% 98,063 $2.7M
19 Quantinno Capital Management LP 0.00% 55,599 $1.6M
20 Commerce Bank 0.00% 17,150 $481K
21 Tower Research Capital LLC (TRC) 0.00% 3,066 $86K
22 Key FInancial Inc 0.00% 419 $12K
23 Focus Partners Wealth 0.00% 62,212 $1.7M
24 Connor, Clark & Lunn Investment Management Ltd. 0.00% 27,787 $779K
25 Empowered Funds, LLC 0.00% 9,354 $262K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — First Bancorp Inc Me (FNLC)

What does the Smart Money Trend signal show for FNLC?

Buying streak — 8 quarters in a row: For 8 consecutive quarters, more hedge funds added FNLC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for FNLC?

Slight buying edge — 55% buying: Last quarter: 47 funds bought or added vs 39 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for FNLC holders?

Elite ownership — 42% AUM from top-100 funds: 31 of 105 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in FNLC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held FNLC?

49% of holders stayed for 2+ years: 51 out of 105 hedge funds have held FNLC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy First Bancorp Inc Me (FNLC) following the 2026 Q1 hedge fund 13F filings?

As of today, FNLC has moved +22.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.5% for the XLF sector ETF — an outperformance of +17.4%. Since the quarter end (March 31, 2026), FNLC has gained +21.7% vs +9.2% for XLF. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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