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First American

213 hedge funds and large institutions have $2.73B invested in First American in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 64 increasing their positions, 95 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 18

20% more capital invested

Capital invested by funds: $2.28B → $2.73B (+$449M)

5% more funds holding

Funds holding: 202213 (+11)

3.55% more ownership

Funds ownership: 88.34%91.88% (+3.5%)

33% less repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 95

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

72% less call options, than puts

Call options by funds: $149K | Put options by funds: $535K

Holders
213
Holders Change
+11
Holders Change %
+5.45%
% of All Funds
6.18%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.09%
New
29
Increased
64
Reduced
95
Closed
18
Calls
$149K
Puts
$535K
Net Calls
-$386K
Net Calls Change
+$154K
Name Holding Trade Value Shares
Change
Change in
Stake
American Century Companies
26
American Century Companies
Missouri
$21M +$352K +13,552 +2%
Geode Capital Management
27
Geode Capital Management
Massachusetts
$19.8M +$2.59M +99,843 +17%
SC
28
Samlyn Capital
New York
$19.5M
BCM
29
Basswood Capital Management
New York
$18.5M -$6.56M -252,622 -28%
BIM
30
BlackRock Investment Management
Delaware
$17.6M -$444K -17,123 -3%
UIM
31
Underhill Investment Management
California
$16.3M -$260K -10,000 -2%
Citadel Advisors
32
Citadel Advisors
Florida
$15.8M +$11.9M +458,136 +448%
VNIM
33
Vaughan Nelson Investment Management
Texas
$14.7M +$4.14M +159,500 +44%
TCIM
34
TIAA CREF Investment Management
New York
$14.4M -$402K -15,500 -3%
WI
35
WHV Investments
California
$13.8M -$466K -17,950 -4%
RCAMU
36
Rothschild & Co Asset Management US
Connecticut
$13.8M -$885K -34,119 -7%
PC
37
Polar Capital
United Kingdom
$12.4M -$410K -15,794 -3%
Ameriprise
38
Ameriprise
Minnesota
$12.1M +$904K +34,834 +9%
TA
39
Teachers Advisors
New York
$12M -$1.71M -65,790 -13%
First Eagle Investment Management
40
First Eagle Investment Management
New York
$12M +$869K +33,500 +9%
Wells Fargo
41
Wells Fargo
California
$11.4M -$293K -11,292 -3%
California Public Employees Retirement System
42
California Public Employees Retirement System
California
$11.3M +$2.05M +79,074 +24%
Charles Schwab
43
Charles Schwab
California
$10.7M -$346K -13,345 -3%
New York State Common Retirement Fund
44
New York State Common Retirement Fund
New York
$10.6M -$710K -27,372 -7%
DGHMC
45
Dalton, Greiner, Hartman, Maher & Co
New York
$8.64M +$162K +6,259 +2%
QBFM
46
QS Batterymarch Financial Management
New York
$8.37M -$306K -11,800 -4%
WI
47
WBI Investments
New Jersey
$8.35M +$1.18M +45,377 +18%
Goldman Sachs
48
Goldman Sachs
New York
$8.35M -$2.62M -100,963 -25%
AIG
49
American International Group
New York
$8.25M -$195K -7,500 -3%
RA
50
Royce & Associates
New York
$8.17M +$38.9K +1,500 +0.5%

FAF Hedge Fund Activity: Q4 2013 in Review

213 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q4 2013, worth a combined $2.73B — up 20% from $2.28B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new FAF positions and 18 closed out — a net gain of 11 holders — while 64 added to existing stakes and 95 trimmed.

The largest buyer was OMERS Administration Corp, adding an estimated $47.1M. The largest seller was Allianz Asset Management, cutting an estimated $17M.

  • 213 institutional investors held First American (FAF) as of Q4 2013, up from 202 in Q3 2013.
  • Funds reported $2.73B of First American stock for Q4 2013, up 20% quarter-over-quarter.
  • 29 funds opened new First American positions in Q4 2013 and 18 closed out, a net change of +11 holders.
  • The largest First American buyer in Q4 2013 was OMERS Administration Corp, an estimated $47.1M added.
  • The largest First American seller in Q4 2013 was Allianz Asset Management, an estimated $17M sold.

Based on aggregated 13F filings for Q4 2013.