First American
393 hedge funds and large institutions have $4.62B invested in First American in 2020 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 131 increasing their positions, 142 reducing their positions, and 66 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
13% more capital invested
Capital invested by funds: $4.08B → $4.62B (+$539M)
0.72% more ownership
Funds ownership: 85.62% → 86.35% (+0.72%)
8% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 142
9% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 66
2% less funds holding
Funds holding: 403 → 393 (-10)
24% less call options, than puts
Call options by funds: $4.05M | Put options by funds: $5.36M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lakewood Capital Management
New York
|
+$57.5M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$39.4M |
| 3 |
JCAM
Jericho Capital Asset Management
New York
|
+$37M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$31.3M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
+$26.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$57.6M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$38.2M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$34.3M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$25.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
451
Twin Tree Management
Dallas,
Texas
| – | -$8K | -183 | Closed |
|
|
GSWM
452
Golden State Wealth Management
Santa Ana,
California
| – | -$3K | -60 | Closed |
|
|
FGAM
453
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$1.33K | -31 | Closed |
|
|
GC
454
Globeflex Capital
San Diego,
California
| – | -$1K | -29 | Closed |
|
|
NICM
455
Neo Ivy Capital Management
New York
| – | -$1K | -29 | Closed |
|
|
FA
456
Forefront Analytics
West Conshohocken,
Pennsylvania
| – | -$948 | -22 | Closed |
|
|
VCM
457
Versant Capital Management
Phoenix,
Arizona
| – | -$189 | -4 | -33% |
|
FAF Hedge Fund Activity: Q2 2020 in Review
393 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q2 2020, worth a combined $4.62B — up 13% from $4.08B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of FAF and 60 opened new positions — a net loss of 6 holders — while 142 trimmed existing stakes and 131 added.
The largest buyer was Lakewood Capital Management, adding an estimated $57.5M. The largest seller was Victory Capital Management, cutting an estimated $57.6M.
- 393 institutional investors held First American (FAF) as of Q2 2020, down from 403 in Q1 2020.
- Funds reported $4.62B of First American stock for Q2 2020, up 13% quarter-over-quarter.
- 60 funds opened new First American positions in Q2 2020 and 66 closed out, a net change of -6 holders.
- The largest First American buyer in Q2 2020 was Lakewood Capital Management, an estimated $57.5M added.
- The largest First American seller in Q2 2020 was Victory Capital Management, an estimated $57.6M sold.
Based on aggregated 13F filings for Q2 2020.