We are live on ! Find out more
FA icon

First Advantage
FA

82 hedge funds and large institutions have $2.72B invested in First Advantage in 2021 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 20

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.79% less ownership

Funds ownership: 94.26% → 93.47% (-0.79%)

3% less capital invested

Capital invested by funds: $2.81B → $2.72B (-$91.2M)

9% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 32

4% less funds holding

Funds holding: 85 → 82 (-3)

Holders
82
Holders Change
-3
Holders Change %
-3.53%
% of All Funds
1.44%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
29
Increased
23
Reduced
20
Closed
32
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$28.5M
2
Vanguard Group
Vanguard Group
Pennsylvania
+$19.9M
3
Select Equity Group
Select Equity Group
New York
+$17.3M
4
Geode Capital Management
Geode Capital Management
Massachusetts
+$9.25M
5
Fidelity Investments
Fidelity Investments
Massachusetts
+$9.17M

Top Sellers

Rank Fund Capital Flow
1
Ameriprise
Ameriprise
Minnesota
-$19.1M
2
Blackstone Inc
Blackstone Inc
New York
-$14M
3
Jennison Associates
Jennison Associates
New York
-$12.8M
4
Goldman Sachs
Goldman Sachs
New York
-$11.9M
5
Principal Financial Group
Principal Financial Group
Iowa
-$11.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
Northern Trust
26
Northern Trust
Illinois
$5.07M +$5.58M +265,886 New
BPIM
27
Brant Point Investment Management
New York
$4.37M +$3.37M +160,317 +233%
Fidelity International
28
Fidelity International
Bermuda
$4.31M +$2M +95,285 +73%
Citadel Advisors
29
Citadel Advisors
Florida
$3.62M -$6.54M -311,349 -62%
Charles Schwab
30
Charles Schwab
California
$3.59M +$3.95M +188,252 New
AIA
31
Avalon Investment & Advisory
Texas
$3.08M +$3.39M +161,635 New
AACP
32
Advantage Alpha Capital Partners
California
$2.95M +$3.26M +155,039 New
Legal & General Group
33
Legal & General Group
United Kingdom
$2.09M +$583K +27,759 +34%
Squarepoint
34
Squarepoint
New York
$1.91M – – –
SEI Investments
35
SEI Investments
Pennsylvania
$1.78M -$199K -9,472 -9%
Millennium Management
36
Millennium Management
New York
$1.51M -$686K -32,649 -29%
Bank of New York Mellon
37
Bank of New York Mellon
New York
$1.46M +$1.61M +76,694 New
Morgan Stanley
38
Morgan Stanley
New York
$1.41M +$1.45M +69,011 +1,426%
CSS
39
Cubist Systematic Strategies
Connecticut
$1.39M +$1.49M +70,954 +3,379%
PPA
40
Parametric Portfolio Associates
Washington
$1.21M +$135K +6,416 +11%
Wells Fargo
41
Wells Fargo
California
$1.09M +$168K +8,000 +16%
CCM
42
Cinctive Capital Management
New York
$995K -$265K -12,615 -19%
GCM
43
Ghisallo Capital Management
Massachusetts
$953K – – –
Marshall Wace
44
Marshall Wace
United Kingdom
$764K +$843K +40,145 New
Hudson Bay Capital Management
45
Hudson Bay Capital Management
Connecticut
$762K – – –
Point72 Asset Management
46
Point72 Asset Management
Connecticut
$724K -$252K -12,000 -24%
D.E. Shaw & Co
47
D.E. Shaw & Co
New York
$674K +$743K +35,400 New
Teacher Retirement System of Texas
48
Teacher Retirement System of Texas
Texas
$667K – – –
M&T Bank
49
M&T Bank
New York
$572K – – –
AC
50
Allstate Corporation
Illinois
$512K +$110K +5,253 +24%
1
2
3 4 5

FA Hedge Fund Activity: Q3 2021 in Review

82 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Advantage (FA) for Q3 2021, worth a combined $2.72B — down 3.2% from $2.81B a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of FA and 29 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 23 added.

The largest buyer was BlackRock, adding an estimated $28.5M. The largest seller was Ameriprise, exiting entirely with an estimated $19.1M sold.

  • 82 institutional investors held First Advantage (FA) as of Q3 2021, down from 85 in Q2 2021.
  • Funds reported $2.72B of First Advantage stock for Q3 2021, down 3.2% quarter-over-quarter.
  • 29 funds opened new First Advantage positions in Q3 2021 and 32 closed out, a net change of -3 holders.
  • The largest First Advantage buyer in Q3 2021 was BlackRock, an estimated $28.5M added.
  • The largest First Advantage seller in Q3 2021 was Ameriprise, an estimated $19.1M sold.

Based on aggregated 13F filings for Q3 2021.