First American
380 hedge funds and large institutions have $5.61B invested in First American in 2018 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 124 increasing their positions, 140 reducing their positions, and 33 closing their positions.
1,585% more call options, than puts
Call options by funds: $14.5M | Put options by funds: $863K
91% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 33
7% more funds holding
Funds holding: 355 → 380 (+25)
6% more capital invested
Capital invested by funds: $5.28B → $5.61B (+$330M)
1.33% more ownership
Funds ownership: 85.16% → 86.48% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
11% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 140
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$53.8M |
| 2 |
JP Morgan Chase
New York
|
+$39M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$38.5M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$32.2M |
| 5 |
Millennium Management
New York
|
+$24.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$80M |
| 2 |
STMM
South Texas Money Management
San Antonio,
Texas
|
-$34.2M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$32.7M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$20.9M |
| 5 |
HCM
Hamlin Capital Management
New York
|
-$20.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
401
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$212K | -3,789 | Closed |
|
|
RTS
402
Round Table Services
Westfield,
New Jersey
| – | -$210K | -3,750 | Closed |
|
403
Jane Street
New York
| – | -$202K | -3,600 | Closed |
|
|
HSA
404
Hussman Strategic Advisors
Ellicott City,
Maryland
| – | -$95K | -1,700 | Closed |
|
|
DCM
405
Delpha Capital Management
New York
| – | -$39K | -689 | Closed |
|
|
TG
406
TLP Group
Evanston,
Illinois
| – | -$24K | -421 | Closed |
|
|
STA
407
Summit Trail Advisors
New York
| – | -$24K | -399 | Closed |
|
408
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$22K | -388 | Closed |
|
|
FFG
409
Ford Financial Group
Fresno,
California
| – | -$18K | -303 | Closed |
|
410
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$5K | -91 | Closed |
|
|
PWM
411
Paulson Wealth Management
Wheaton,
Illinois
| – | -$5K | -89 | Closed |
|
|
BAM
412
Bruderman Asset Management
Locust Valley,
New York
| – | +$59 | +1 | New |
|
FAF Hedge Fund Activity: Q1 2018 in Review
380 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q1 2018, worth a combined $5.61B — up 6.2% from $5.28B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new FAF positions and 33 closed out — a net gain of 30 holders — while 124 added to existing stakes and 140 trimmed.
The largest buyer was Eaton Vance Management, adding an estimated $53.8M. The largest seller was Fidelity Investments, cutting an estimated $80M.
- 380 institutional investors held First American (FAF) as of Q1 2018, up from 355 in Q4 2017.
- Funds reported $5.61B of First American stock for Q1 2018, up 6.2% quarter-over-quarter.
- 63 funds opened new First American positions in Q1 2018 and 33 closed out, a net change of +30 holders.
- The largest First American buyer in Q1 2018 was Eaton Vance Management, an estimated $53.8M added.
- The largest First American seller in Q1 2018 was Fidelity Investments, an estimated $80M sold.
Based on aggregated 13F filings for Q1 2018.