First Advantage
145 hedge funds and large institutions have $3.29B invested in First Advantage in 2024 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 64 increasing their positions, 25 reducing their positions, and 18 closing their positions.
2,400% more call options, than puts
Call options by funds: $50K | Put options by funds: $2K
156% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 25
100% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 18
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
14% more funds holding
Funds holding: 127 → 145 (+18)
10% more capital invested
Capital invested by funds: $2.98B → $3.29B (+$311M)
1.47% less ownership
Funds ownership: 103.16% → 101.68% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$72.6M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$70.6M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$52.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$45.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$8.14M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$8M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$5.03M |
| 4 |
Squarepoint
New York
|
-$2.38M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BGIM
151
Boussard & Gavaudan Investment Management
London,
United Kingdom
| – | -$434K | -21,946 | Closed |
|
152
William Blair & Company
Chicago,
Illinois
| – | -$328K | -16,500 | Closed |
|
|
NAM
153
Nexpoint Asset Management
Dallas,
Texas
| – | -$258K | -13,017 | Closed |
|
|
CM
154
Crestline Management
Fort Worth,
Texas
| – | -$238K | -11,968 | Closed |
|
155
Acadian Asset Management
Boston,
Massachusetts
| – | -$96K | -4,848 | Closed |
|
156
Simplex Trading
Chicago,
Illinois
| – | -$17K | -895 | Closed |
|
|
BTI
157
Blue Trust Inc
Alpharetta,
Georgia
| – | -$8.63K | -537 | Closed |
|
|
SSG
158
Summit Securities Group
New York
| – | -$3K | -131 | Closed |
|
|
ACM
159
Aster Capital Management
Dubai,
United Arab Emirates
| – | -$2.02K | -102 | Closed |
|
|
CPA
160
Capital Performance Advisors
Walnut Creek,
California
| – | -$179 | -9 | Closed |
|
|
CA
161
Claris Advisors
St. Louis,
Missouri
| – | -$139 | -7 | Closed |
|
162
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$79 | -4 | Closed |
|
|
C
163
Covestor
London,
United Kingdom
| – | -$38 | -2 | -20% |
|
FA Hedge Fund Activity: Q4 2024 in Review
145 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in First Advantage (FA) for Q4 2024, worth a combined $3.29B — up 10% from $2.98B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new FA positions and 18 closed out — a net gain of 18 holders — while 64 added to existing stakes and 25 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $72.6M. The largest seller was Brandywine Global Investment Management, exiting entirely with an estimated $8.14M sold.
- 145 institutional investors held First Advantage (FA) as of Q4 2024, up from 127 in Q3 2024.
- Funds reported $3.29B of First Advantage stock for Q4 2024, up 10% quarter-over-quarter.
- 36 funds opened new First Advantage positions in Q4 2024 and 18 closed out, a net change of +18 holders.
- The largest First Advantage buyer in Q4 2024 was Wellington Management Group, an estimated $72.6M added.
- The largest First Advantage seller in Q4 2024 was Brandywine Global Investment Management, an estimated $8.14M sold.
Based on aggregated 13F filings for Q4 2024.