First American
FAF
296 hedge funds and large institutions have $3.72B invested in First American in 2017 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 110 increasing their positions, 118 reducing their positions, and 48 closing their positions.
6% more capital invested
Capital invested by funds: $3.52B → $3.72B (+$199M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
7% less repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 118
1.39% less ownership
Funds ownership: 87.44% → 86.05% (-1.4%)
7% less funds holding
Funds holding: 317 → 296 (-21)
27% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 48
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $458K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$370M |
| 2 |
HCM
Hamlin Capital Management
New York
|
+$39.4M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$35.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$26.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$31.3M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$24.6M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$22.5M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$18.3M |
| 5 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$15.1M |
FAF Hedge Fund Activity: Q1 2017 in Review
296 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q1 2017, worth a combined $3.72B — up 5.7% from $3.52B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of FAF and 35 opened new positions — a net loss of 13 holders — while 118 trimmed existing stakes and 110 added.
The largest buyer was BlackRock, adding an estimated $370M. The largest seller was AllianceBernstein, cutting an estimated $31.3M.
- 296 institutional investors held First American (FAF) as of Q1 2017, down from 317 in Q4 2016.
- Funds reported $3.72B of First American stock for Q1 2017, up 5.7% quarter-over-quarter.
- 35 funds opened new First American positions in Q1 2017 and 48 closed out, a net change of -13 holders.
- The largest First American buyer in Q1 2017 was BlackRock, an estimated $370M added.
- The largest First American seller in Q1 2017 was AllianceBernstein, an estimated $31.3M sold.
Based on aggregated 13F filings for Q1 2017.