First American
388 hedge funds and large institutions have $4.83B invested in First American in 2024 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 130 increasing their positions, 156 reducing their positions, and 57 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
1.15% less ownership
Funds ownership: 87.5% → 86.35% (-1.2%)
5% less funds holding
Funds holding: 407 → 388 (-19)
12% less capital invested
Capital invested by funds: $5.51B → $4.83B (-$675M)
17% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 156
26% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 57
40% less call options, than puts
Call options by funds: $1.03M | Put options by funds: $1.72M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$45.8M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$30.7M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$28.7M |
| 4 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$20.8M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
-$55.6M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$25.6M |
| 3 |
BlackRock
New York
|
-$18.7M |
| 4 |
BCM
Basswood Capital Management
New York
|
-$16.5M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
-$15.2M |
FAF Hedge Fund Activity: Q2 2024 in Review
388 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q2 2024, worth a combined $4.83B — down 12% from $5.51B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of FAF and 42 opened new positions — a net loss of 15 holders — while 156 trimmed existing stakes and 130 added.
The largest buyer was Boston Partners, adding an estimated $45.8M. The largest seller was HG Vora Capital Management, cutting an estimated $55.6M.
- 388 institutional investors held First American (FAF) as of Q2 2024, down from 407 in Q1 2024.
- Funds reported $4.83B of First American stock for Q2 2024, down 12% quarter-over-quarter.
- 42 funds opened new First American positions in Q2 2024 and 57 closed out, a net change of -15 holders.
- The largest First American buyer in Q2 2024 was Boston Partners, an estimated $45.8M added.
- The largest First American seller in Q2 2024 was HG Vora Capital Management, an estimated $55.6M sold.
Based on aggregated 13F filings for Q2 2024.