We are live on ! Find out more
FA icon

First Advantage

96 hedge funds and large institutions have $1.94B invested in First Advantage in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 41 increasing their positions, 32 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 32

8% more capital invested

Capital invested by funds: $1.79B → $1.94B (+$143M)

2.3% more ownership

Funds ownership: 91.58%93.88% (+2.3%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

8% less funds holding

Funds holding: 10496 (-8)

39% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 18

Holders
96
Holders Change
-8
Holders Change %
-7.69%
% of All Funds
1.53%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
11
Increased
41
Reduced
32
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
76
T. Rowe Price Associates
Maryland
$156K +$14.7K +1,082 +11%
Stifel Financial
77
Stifel Financial
Missouri
$155K -$1.7K -125 -1%
Wells Fargo
78
Wells Fargo
California
$148K +$143K +10,531 +17,552%
SAM
79
Shell Asset Management
Netherlands
$95K -$312 -23 -0.3%
C
80
Covestor
United Kingdom
$93K +$13.6K +1,006 +18%
AB
81
Amalgamated Bank
New York
$87K -$20.5K -1,515 -19%
AIP
82
Ameritas Investment Partners
Nebraska
$59.4K
MLICM
83
Metropolitan Life Insurance Company (MetLife)
New York
$46.9K -$6.84K -504 -13%
AssetMark Inc
84
AssetMark Inc
California
$46.1K +$4.99K +368 +13%
TRCT
85
Tower Research Capital (TRC)
New York
$23K -$30.2K -2,225 -58%
Osaic Holdings
86
Osaic Holdings
Arizona
$8.85K -$1.1K -81 -11%
EI
87
Ellevest Inc
New York
$3.25K +$3.16K +233 New
Fifth Third Bancorp
88
Fifth Third Bancorp
Ohio
$2.79K
BAM
89
Belpointe Asset Management
Nevada
$2.15K
SC
90
Schubert & Co
Texas
$336 +$231 +17 +243%
JWA
91
JFS Wealth Advisors
Pennsylvania
$238 +$136 +10 +143%
SIC
92
SJS Investment Consulting
Ohio
$126 +$95 +7 +350%
DI
93
Disciplined Investments
Oklahoma
$98 +$81 +6 +600%
AF
94
Advisornet Financial
Minnesota
$84 +$54 +4 +200%
TWA
95
TCI Wealth Advisors
Arizona
$28 +$27 +2 New
Alyeska Investment Group
96
Alyeska Investment Group
Illinois
-$3.75M -288,660 Closed
Millennium Management
97
Millennium Management
New York
-$3.75M -288,259 Closed
Marshall Wace
98
Marshall Wace
United Kingdom
-$2.36M -181,611 Closed
Bessemer Group
99
Bessemer Group
New Jersey
-$2.11M -162,118 Closed
Walleye Capital
100
Walleye Capital
New York
-$1.97M -151,430 Closed

FA Hedge Fund Activity: Q1 2023 in Review

96 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in First Advantage (FA) for Q1 2023, worth a combined $1.94B — up 8% from $1.79B a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of FA and 11 opened new positions — a net loss of 7 holders — while 32 trimmed existing stakes and 41 added.

The largest buyer was Cat Rock Capital Management, adding an estimated $10.2M. The largest seller was Nuveen, cutting an estimated $11.5M.

  • 96 institutional investors held First Advantage (FA) as of Q1 2023, down from 104 in Q4 2022.
  • Funds reported $1.94B of First Advantage stock for Q1 2023, up 8% quarter-over-quarter.
  • 11 funds opened new First Advantage positions in Q1 2023 and 18 closed out, a net change of -7 holders.
  • The largest First Advantage buyer in Q1 2023 was Cat Rock Capital Management, an estimated $10.2M added.
  • The largest First Advantage seller in Q1 2023 was Nuveen, an estimated $11.5M sold.

Based on aggregated 13F filings for Q1 2023.