First Advantage
94 hedge funds and large institutions have $2.67B invested in First Advantage in 2021 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 52 increasing their positions, 11 reducing their positions, and 12 closing their positions.
373% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 11
117% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 12
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
15% more funds holding
Funds holding: 82 → 94 (+12)
2% less capital invested
Capital invested by funds: $2.72B → $2.67B (-$48.8M)
1.42% less ownership
Funds ownership: 93.47% → 92.05% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$41.2M |
| 2 |
ZP
Zimmer Partners
New York
|
+$36M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30.1M |
| 4 |
BlackRock
New York
|
+$27.4M |
| 5 |
JP Morgan Chase
New York
|
+$24.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SLG
Silver Lake Group
Menlo Park,
California
|
-$402M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.7M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$7.76M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$7.22M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
-$1.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Norges Bank
Oslo,
Norway
| – | -$395K | -20,745 | Closed |
|
|
RCMU
102
Rokos Capital Management (UK)
London,
United Kingdom
| – | -$381K | -20,100 | Closed |
|
|
CCM
103
CAAS Capital Management
New York
| – | -$381K | -20,000 | Closed |
|
104
Jane Street
New York
| – | -$340K | -17,862 | Closed |
|
105
Envestnet Asset Management
Chicago,
Illinois
| – | -$197K | -10,325 | Closed |
|
106
Acadian Asset Management
Boston,
Massachusetts
| – | -$104K | -5,536 | Closed |
|
FA Hedge Fund Activity: Q4 2021 in Review
94 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Advantage (FA) for Q4 2021, worth a combined $2.67B — down 1.8% from $2.72B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FA positions and 12 closed out — a net gain of 14 holders — while 52 added to existing stakes and 11 trimmed.
The largest buyer was Capital World Investors, adding an estimated $41.2M. The largest seller was Silver Lake Group, cutting an estimated $402M.
- 94 institutional investors held First Advantage (FA) as of Q4 2021, up from 82 in Q3 2021.
- Funds reported $2.67B of First Advantage stock for Q4 2021, down 1.8% quarter-over-quarter.
- 26 funds opened new First Advantage positions in Q4 2021 and 12 closed out, a net change of +14 holders.
- The largest First Advantage buyer in Q4 2021 was Capital World Investors, an estimated $41.2M added.
- The largest First Advantage seller in Q4 2021 was Silver Lake Group, an estimated $402M sold.
Based on aggregated 13F filings for Q4 2021.