First Bancorp Inc Q2 2026 Portfolio Activity: Significant Mid-Cap & Small Cap ETF Purchases
First Bancorp, Inc's portfolio saw notable changes in Q2 2026 with substantial increases in Vanguard MRNGSTR MID CAP ETF (VO) and Dimensional US Small Cap ETF (DFAS), alongside new positions like VGT and significant sales.
As of June 30th, 2026, First Bancorp Inc, the investment arm behind First Bancorp, Inc (FB), has reported specific changes to its holdings. This analysis focuses on observable purchases and sales during this quarter.
The most significant activity involves substantial increases in allocation for several exchange-traded funds (ETFs). Notably, Vanguard MRNGSTR MID CAP ETF (VO) saw a massive jump of 117,071 shares and an astronomical percentage increase of over 300%, contributing significantly to the portfolio's growth. Similarly, Vanguard Information Technology ETF (VGT) experienced a substantial rise in both holdings count and allocation percentage, increasing by approximately 57% due to adding over 36,000 shares. The Dimensional US Small Cap ETF (DFAS), already holding nearly $17 million worth of stock, further increased its share count by almost 29,000 units during the quarter.
Additionally, Vanguard S&P 500 Growth ETF (VOOG) and Vanguard Index FDS Morningstar Growth ETF (VUG) were both added to the portfolio, albeit with smaller allocations. These additions signal confidence in growth-oriented strategies within specific sectors.
The overall portfolio value stood at $252,437,492 as of June 30th, 2026. The top five holdings by weight accounted for approximately 33.8% of the total, indicating a concentrated approach in certain areas like broad market exposure (VO) and small-cap strategies (DFAS). There were also minor individual stock purchases, including Energy Transfer LP (ET), though these represented very small allocations compared to the ETF movements.
In contrast to the buying activity, one specific position saw a large sale during the quarter. The investor disposed of all shares in SHEL, which was classified under "significant_sell_symbols" in their filing data.
Furthermore, while not explicitly detailed as a large sale, the portfolio shed some weight in other areas. The allocation to "Unknown" sectors decreased slightly from 58.39% previously, and there were minor reductions noted for Rithm Capital Corp (RITM) and Bar Harbor Bankshares (BHB), though these were not flagged as large sell events.