First Advantage
104 hedge funds and large institutions have $1.79B invested in First Advantage in 2022 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 35 increasing their positions, 36 reducing their positions, and 26 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
3% less capital invested
Capital invested by funds: $1.85B → $1.79B (-$51.3M)
3% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 36
2.27% less ownership
Funds ownership: 93.85% → 91.58% (-2.3%)
7% less funds holding
Funds holding: 112 → 104 (-8)
31% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$26.5M |
| 2 |
CRCM
Cat Rock Capital Management
Greenwich,
Connecticut
|
+$23.5M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$9.4M |
| 4 |
JP Morgan Chase
New York
|
+$7.59M |
| 5 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$7.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$32.2M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$16.4M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$13.9M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$12.2M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$8.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMP
126
Financial Management Professionals
Austin,
Texas
| – | -$35K | -2,700 | Closed |
|
|
PHK
127
Point72 Hong Kong
Hong Kong
| – | -$5K | -425 | Closed |
|
128
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$1K | -48 | Closed |
|
|
SFG
129
Steward Financial Group
Colleyville,
Texas
| – | +$26 | +2 | New |
|
FA Hedge Fund Activity: Q4 2022 in Review
104 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Advantage (FA) for Q4 2022, worth a combined $1.79B — down 2.8% from $1.85B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of FA and 18 opened new positions — a net loss of 8 holders — while 36 trimmed existing stakes and 35 added.
The largest buyer was Capital Research Global Investors, adding an estimated $26.5M. The largest seller was Capital World Investors, exiting entirely with an estimated $32.2M sold.
- 104 institutional investors held First Advantage (FA) as of Q4 2022, down from 112 in Q3 2022.
- Funds reported $1.79B of First Advantage stock for Q4 2022, down 2.8% quarter-over-quarter.
- 18 funds opened new First Advantage positions in Q4 2022 and 26 closed out, a net change of -8 holders.
- The largest First Advantage buyer in Q4 2022 was Capital Research Global Investors, an estimated $26.5M added.
- The largest First Advantage seller in Q4 2022 was Capital World Investors, an estimated $32.2M sold.
Based on aggregated 13F filings for Q4 2022.