First American
421 hedge funds and large institutions have $4.84B invested in First American in 2020 Q4 according to their latest regulatory filings, with 79 funds opening new positions, 142 increasing their positions, 136 reducing their positions, and 55 closing their positions.
44% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 55
5% more funds holding
Funds holding: 400 → 421 (+21)
4% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 136
1% more capital invested
Capital invested by funds: $4.78B → $4.84B (+$62.1M)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0.18% less ownership
Funds ownership: 84.31% → 84.14% (-0.18%)
77% less call options, than puts
Call options by funds: $1.45M | Put options by funds: $6.27M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$92.1M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
+$42.1M |
| 3 |
Millennium Management
New York
|
+$31.3M |
| 4 |
D.E. Shaw & Co
New York
|
+$30.8M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$28.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$84.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$73.2M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$61.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$30.8M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$28.9M |
FAF Hedge Fund Activity: Q4 2020 in Review
421 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q4 2020, worth a combined $4.84B — up 1.3% from $4.78B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new FAF positions and 55 closed out — a net gain of 24 holders — while 142 added to existing stakes and 136 trimmed.
The largest buyer was BlackRock, adding an estimated $92.1M. The largest seller was Parnassus Investments, exiting entirely with an estimated $84.9M sold.
- 421 institutional investors held First American (FAF) as of Q4 2020, up from 400 in Q3 2020.
- Funds reported $4.84B of First American stock for Q4 2020, up 1.3% quarter-over-quarter.
- 79 funds opened new First American positions in Q4 2020 and 55 closed out, a net change of +24 holders.
- The largest First American buyer in Q4 2020 was BlackRock, an estimated $92.1M added.
- The largest First American seller in Q4 2020 was Parnassus Investments, an estimated $84.9M sold.
Based on aggregated 13F filings for Q4 2020.