First American
400 hedge funds and large institutions have $4.78B invested in First American in 2020 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 122 increasing their positions, 149 reducing their positions, and 50 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
41% more call options, than puts
Call options by funds: $11.5M | Put options by funds: $8.2M
18% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 50
2% more funds holding
Funds holding: 393 → 400 (+7)
4% more capital invested
Capital invested by funds: $4.62B → $4.78B (+$162M)
2.03% less ownership
Funds ownership: 86.35% → 84.31% (-2%)
18% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 149
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$36.5M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$31.6M |
| 3 |
BlackRock
New York
|
+$30.3M |
| 4 |
YCMGA
York Capital Management Global Advisors
New York
|
+$27.7M |
| 5 |
Parnassus Investments
San Francisco,
California
|
+$25.9M |
Top Sellers
FAF Hedge Fund Activity: Q3 2020 in Review
400 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q3 2020, worth a combined $4.78B — up 3.5% from $4.62B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new FAF positions and 50 closed out — a net gain of 9 holders — while 122 added to existing stakes and 149 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $36.5M. The largest seller was First Trust Advisors, cutting an estimated $46.9M.
- 400 institutional investors held First American (FAF) as of Q3 2020, up from 393 in Q2 2020.
- Funds reported $4.78B of First American stock for Q3 2020, up 3.5% quarter-over-quarter.
- 59 funds opened new First American positions in Q3 2020 and 50 closed out, a net change of +9 holders.
- The largest First American buyer in Q3 2020 was Goldman Sachs, an estimated $36.5M added.
- The largest First American seller in Q3 2020 was First Trust Advisors, an estimated $46.9M sold.
Based on aggregated 13F filings for Q3 2020.