First American
444 hedge funds and large institutions have $5.89B invested in First American in 2025 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 151 increasing their positions, 153 reducing their positions, and 42 closing their positions.
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
55% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 42
5% more funds holding
Funds holding: 424 → 444 (+20)
4% more capital invested
Capital invested by funds: $5.65B → $5.89B (+$238M)
0.48% less ownership
Funds ownership: 89.44% → 88.97% (-0.48%)
1% less repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 153
49% less call options, than puts
Call options by funds: $1.47M | Put options by funds: $2.88M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$138M |
| 2 |
DAM
Davis Asset Management
Sausalito,
California
|
+$51.2M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$31.6M |
| 4 |
SP
Solel Partners
Boston,
Massachusetts
|
+$29.1M |
| 5 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$81.1M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$60.2M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$51.2M |
| 4 |
HVCM
HG Vora Capital Management
New York
|
-$23.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$20.7M |
FAF Hedge Fund Activity: Q3 2025 in Review
444 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q3 2025, worth a combined $5.89B — up 4.2% from $5.65B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new FAF positions and 42 closed out — a net gain of 23 holders — while 151 added to existing stakes and 153 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $138M. The largest seller was Millennium Management, cutting an estimated $81.1M.
- 444 institutional investors held First American (FAF) as of Q3 2025, up from 424 in Q2 2025.
- Funds reported $5.89B of First American stock for Q3 2025, up 4.2% quarter-over-quarter.
- 65 funds opened new First American positions in Q3 2025 and 42 closed out, a net change of +23 holders.
- The largest First American buyer in Q3 2025 was Capital Research Global Investors, an estimated $138M added.
- The largest First American seller in Q3 2025 was Millennium Management, an estimated $81.1M sold.
Based on aggregated 13F filings for Q3 2025.