First Bancorp Inc ME recently disclosed it lowered its stake in Union Pacific Corporation by 3.3% during the second quarter. A new Form 13F filing with the Securities and Exchange Commission shows the institutional investor sold 90 shares, reducing its total to 2,635 shares.
First Bancorp Inc ME Lowers Stock Holdings in Union Pacific Corporation $UNP

Key Takeaways:
- First Bancorp Inc ME reduced its Union Pacific holdings by 3.3%
- The transaction occurred during the second quarter
- The company sold 90 shares, retaining 2,635 shares overall
- Information was released in a recent Form 13F filing with the SEC
- Union Pacific is a major railroad operator
A Recent Diminishment in Union Pacific Holdings
First Bancorp Inc ME has revealed a slight decrease in its stake in Union Pacific Corporation. According to the company’s latest Form 13F filing with the Securities and Exchange Commission, it reduced ownership of the railroad operator’s stock by 3.3% in the second quarter.
SEC Filing Details
The information about First Bancorp Inc ME’s position surfaced during its most recent filing period. Form 13F, a disclosure document required for institutional investors managing over a certain threshold, confirmed that First Bancorp Inc ME sold 90 shares.
Adjusting Shares
Following this sale, the institutional investor owns 2,635 shares of Union Pacific’s stock. Although the transaction represents a relatively small portion of the overall holdings, it underscores the continually shifting nature of institutional investments in major corporations.
Union Pacific as a Railroad Powerhouse
Union Pacific Corporation, a prominent railroad operator known by its NYSE ticker symbol “UNP,” plays a significant role in the transportation sector. This minor decrease in shares held by First Bancorp Inc ME is one of the many routine portfolio adjustments made by institutional investors throughout the year.
Looking Ahead
While the filing provides factual documentation of the stake reduction, it does not speculate on the reasons behind the move. As with any corporate filing, readers and investors alike frequently follow these updates to stay informed about notable changes in investment strategies.