Burney Co. Increases Stake in First Citizens BancShares, Inc. $FCNCA

Institutional investor raises ownership in regional banking firm by over 380%

Apr. 13, 2026 at 8:09am

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An extreme close-up of complex, interlocking banking machinery and mechanisms, conveying the secure, institutional nature of the financial industry without using literal currency or charts.Burney Co.'s increased stake in First Citizens BancShares signals confidence in the regional bank's financial infrastructure and growth potential.Today in Raleigh

Burney Co., an institutional investor, has significantly increased its stake in First Citizens BancShares, Inc. (NASDAQ:FCNCA) by 384.3% in the fourth quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The investor now owns 1,293 shares of the bank's stock, valued at $2.775 million.

Why it matters

This substantial increase in ownership by Burney Co. suggests the institutional investor sees significant growth potential in First Citizens BancShares, a regional banking firm headquartered in Raleigh, North Carolina. The move could signal confidence in the bank's financial performance and strategic direction.

The details

Burney Co. raised its stake in First Citizens BancShares by adding 1,026 additional shares in the fourth quarter. The institutional investor now owns a total of 1,293 shares of the bank's stock. First Citizens BancShares is a full-service commercial bank that offers a range of banking products and services to retail, commercial, and institutional clients across its footprint.

  • Burney Co. increased its stake in the fourth quarter of 2025.
  • The 13F filing disclosing the increased ownership was submitted on April 13, 2026.

The players

Burney Co.

An institutional investor that manages assets and provides financial services.

First Citizens BancShares, Inc.

A full-service commercial bank headquartered in Raleigh, North Carolina, offering a range of banking products and services to retail, commercial, and institutional clients.

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The takeaway

Burney Co.'s substantial investment in First Citizens BancShares reflects the institutional investor's confidence in the regional bank's financial performance and strategic direction. This move could signal potential growth opportunities for the bank as it continues to serve its diverse client base.