First American
407 hedge funds and large institutions have $5.51B invested in First American in 2024 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 145 increasing their positions, 122 reducing their positions, and 41 closing their positions.
105% more call options, than puts
Call options by funds: $2.53M | Put options by funds: $1.23M
63% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 41
19% more repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 122
5% more funds holding
Funds holding: 386 → 407 (+21)
2.21% less ownership
Funds ownership: 89.71% → 87.5% (-2.2%)
8% less capital invested
Capital invested by funds: $5.96B → $5.51B (-$459M)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$28.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.5M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$24.4M |
| 4 |
Millennium Management
New York
|
+$17.6M |
| 5 |
LCM
Lakewood Capital Management
New York
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$94.1M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$77.4M |
| 3 |
HVCM
HG Vora Capital Management
New York
|
-$54.6M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$48.3M |
| 5 |
Morgan Stanley
New York
|
-$35.5M |
FAF Hedge Fund Activity: Q1 2024 in Review
407 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q1 2024, worth a combined $5.51B — down 7.7% from $5.96B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new FAF positions and 41 closed out — a net gain of 26 holders — while 145 added to existing stakes and 122 trimmed.
The largest buyer was Boston Partners, adding an estimated $28.3M. The largest seller was Charles Schwab, cutting an estimated $94.1M.
- 407 institutional investors held First American (FAF) as of Q1 2024, up from 386 in Q4 2023.
- Funds reported $5.51B of First American stock for Q1 2024, down 7.7% quarter-over-quarter.
- 67 funds opened new First American positions in Q1 2024 and 41 closed out, a net change of +26 holders.
- The largest First American buyer in Q1 2024 was Boston Partners, an estimated $28.3M added.
- The largest First American seller in Q1 2024 was Charles Schwab, an estimated $94.1M sold.
Based on aggregated 13F filings for Q1 2024.