First Advantage
103 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, 34 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)
6% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 36
3.02% less ownership
Funds ownership: 93.85% → 90.83% (-3%)
8% less funds holding
Funds holding: 112 → 103 (-9)
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 |
JP Morgan Chase
New York
|
+$7.59M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$7.39M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$4.71M |
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 |
FA Hedge Fund Activity: Q4 2022 in Review
103 of the 6,237 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 34 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.
- 103 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.