First American
403 hedge funds and large institutions have $4.08B invested in First American in 2020 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 134 increasing their positions, 153 reducing their positions, and 83 closing their positions.
0.33% less ownership
Funds ownership: 85.96% → 85.62% (-0.33%)
8% less funds holding
Funds holding: 438 → 403 (-35)
12% less repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 153
27% less capital invested
Capital invested by funds: $5.62B → $4.08B (-$1.54B)
34% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 83
34% less call options, than puts
Call options by funds: $3.46M | Put options by funds: $5.28M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$105M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$81.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$76.3M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$34.9M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
-$77M |
| 2 |
BlackRock
New York
|
-$68M |
| 3 |
HCM
Hamlin Capital Management
New York
|
-$58.2M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$50.6M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$38.9M |
FAF Hedge Fund Activity: Q1 2020 in Review
403 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q1 2020, worth a combined $4.08B — down 27% from $5.62B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of FAF and 55 opened new positions — a net loss of 28 holders — while 153 trimmed existing stakes and 134 added.
The largest buyer was Victory Capital Management, adding an estimated $105M. The largest seller was Carlson Capital, exiting entirely with an estimated $77M sold.
- 403 institutional investors held First American (FAF) as of Q1 2020, down from 438 in Q4 2019.
- Funds reported $4.08B of First American stock for Q1 2020, down 27% quarter-over-quarter.
- 55 funds opened new First American positions in Q1 2020 and 83 closed out, a net change of -28 holders.
- The largest First American buyer in Q1 2020 was Victory Capital Management, an estimated $105M added.
- The largest First American seller in Q1 2020 was Carlson Capital, an estimated $77M sold.
Based on aggregated 13F filings for Q1 2020.