Bay Pond Partners Discloses 5.0% Stake in FirstSun Capital Bancorp

TL;DR

**Bay Pond Partners just bought 5% of FirstSun Capital Bancorp, a bullish sign.**

AI Summary

Bay Pond Partners, L.P., a Delaware-based investment firm, has disclosed a significant stake in FirstSun Capital Bancorp (NASDAQ: FSNM), reporting beneficial ownership of 1,508,542 shares of common stock as of January 16, 2024. This represents a 5.0% ownership stake in the bank. This matters to investors because a large institutional investor taking a substantial position can signal confidence in the company's future prospects, potentially attracting more investor interest and influencing stock performance.

Why It Matters

A new 5.0% ownership by Bay Pond Partners could signal institutional confidence in FirstSun Capital Bancorp, potentially boosting investor sentiment and stock price.

Risk Assessment

Risk Level: low — This filing indicates a new institutional investor, which is generally a positive signal and does not inherently introduce significant risk.

Analyst Insight

Smart investors should monitor FirstSun Capital Bancorp for potential positive price movement and consider researching Bay Pond Partners, L.P.'s investment strategy for further insights.

Key Numbers

• 1,508,542 — Shares Beneficially Owned (Represents the total number of FirstSun Capital Bancorp shares Bay Pond Partners, L.P. now owns.)
• 5.0% — Percentage of Class Owned (Indicates the significant stake Bay Pond Partners, L.P. holds in FirstSun Capital Bancorp.)
• January 16, 2024 — Date of Event (The specific date when Bay Pond Partners, L.P. reached the ownership threshold requiring this filing.)

Key Players & Entities

• Bay Pond Partners, L.P. (company) — the reporting person acquiring shares
• FirstSun Capital Bancorp (company) — the issuer whose shares were acquired
• 1,508,542 (dollar_amount) — number of shares beneficially owned
• 5.0% (dollar_amount) — percentage of class beneficially owned
• January 16, 2024 (person) — date of event requiring filing
• Delaware (company) — place of organization for Bay Pond Partners, L.P.

Forward-Looking Statements

• FirstSun Capital Bancorp's stock price may see a short-term positive reaction due to increased institutional interest. (FirstSun Capital Bancorp) — medium confidence, target: 3 months

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G) — 17KB
• 0000936872-24-000001.txt ( ) — 18KB

From the Filing

SC 13G 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. _ ) * FirstSun Capital Bancorp (Name of Issuer) Common Stock (Title of Class of Securities) 33767U107 (CUSIP Number) January 16, 2024 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 33767U107 1. NAMES OF REPORTING PERSONS Bay Pond Partners, L.P. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 1,508,542 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 1,508,542 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,508,542 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.70% 12. TYPE OF REPORTING PERSON PN Item 1. (a) Name of Issuer FirstSun Capital Bancorp (b) Address of Issuer's Principal Executive Offices 1400 16th Street Suite 250 Denver, CO 80202 Item 2. (a) Name of Person Filing Bay Pond Partners, L.P. (b) Address of Principal Business Office or, if None, Residence c/o Wellington Management Company LLP 280 Congress Street Boston, MA 02210 (c) Citizenship Delaware (d) Title of Class of Securities Common Stock (e) CUSIP Number 33767U107 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [ ] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). If this statement is filed pursuant to Rule 13d-1(c), check this box [X] Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: 1,508,542 (b) Percent of Class: 5.70% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 0 (ii) shared power to vote or to direct the vote 1,508,542 (iii) sole power to dispose or to direct the disposition of 0 (iv) shared power to dispose or to direct the disposition of 1,508,542 Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [ ] Item 6. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not Applicable. Item 8. Identification and Classification of Members of the Group. Not Applicable. Item 9. Notice of Dissolution of Group. Not Applicable. Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. S

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