Handelsbanken Fonder AB Boosts Stake in First Citizens BancShares

The Swedish asset management firm increased its holdings in the North Carolina-based bank by 12.1% in the third quarter.

Mar. 3, 2026 at 5:31am

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Handelsbanken Fonder AB, a Swedish asset management firm, raised its stake in First Citizens BancShares, Inc. (NASDAQ:FCNCA) by 12.1% in the third quarter of 2025. The firm now owns 2,772 shares of the North Carolina-based bank's stock, valued at $4,960,000 as of its most recent SEC filing.

Why it matters

The increase in Handelsbanken Fonder AB's stake in First Citizens BancShares reflects the Swedish firm's confidence in the bank's performance and growth potential. As a major institutional investor, Handelsbanken's investment decisions can signal broader market trends and investor sentiment around the banking sector.

The details

Handelsbanken Fonder AB acquired an additional 300 shares of First Citizens BancShares during the third quarter, bringing its total holdings to 2,772 shares. The bank's stock closed at $1,950.00 on Tuesday, March 3, 2026. First Citizens BancShares, headquartered in Raleigh, North Carolina, operates as a full-service commercial bank serving retail, commercial, and institutional clients.

Handelsbanken Fonder AB raised its stake in the third quarter of 2025.
First Citizens BancShares' stock closed at $1,950.00 on Tuesday, March 3, 2026.

The players