12 Best Local Bank Stocks to Invest in Now

3. First Citizens BancShares, Inc. (NASDAQ:FCNCA)

Number of Hedge Fund Investors In Q4 2023: 47

First Citizens BancShares, Inc. (NASDAQ:FCNCA) provides deposits, loans, and other banking products and services. The firm shared key figures for its renewable energy initiatives in May 2024 when it revealed that First Citizens BancShares, Inc. (NASDAQ:FCNCA) had arranged $150 million in financing for clean energy battery projects.

Insider Monkey’s database of hedge fund regulatory filing shows that 47 had bought a stake in First Citizens BancShares, Inc. (NASDAQ:FCNCA) during 2024’s first quarter. One hedge fund with a sizeable stake is Natixis Global Asset Management’s Harris Associates as it owns $710 million worth of shares.

Follow First Citizens Bancshares Inc (NASDAQ:FCNCA)