First American
292 hedge funds and large institutions have $3.66B invested in First American in 2016 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 96 increasing their positions, 100 reducing their positions, and 18 closing their positions.
464% more call options, than puts
Call options by funds: $378K | Put options by funds: $67K
167% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 18
11% more funds holding
Funds holding: 264 → 292 (+28)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
4% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 100
1.53% less ownership
Funds ownership: 87.77% → 86.24% (-1.5%)
5% less capital invested
Capital invested by funds: $3.87B → $3.66B (-$205M)
Top Buyers
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$27.4M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$15.7M |
| 3 |
RI
Redwood Investments
Boston,
Massachusetts
|
+$15.3M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$15.1M |
| 5 |
D.E. Shaw & Co
New York
|
+$14.6M |
Top Sellers
FAF Hedge Fund Activity: Q3 2016 in Review
292 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q3 2016, worth a combined $3.66B — down 5.3% from $3.87B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new FAF positions and 18 closed out — a net gain of 30 holders — while 96 added to existing stakes and 100 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $27.4M. The largest seller was T. Rowe Price Associates, cutting an estimated $43.8M.
- 292 institutional investors held First American (FAF) as of Q3 2016, up from 264 in Q2 2016.
- Funds reported $3.66B of First American stock for Q3 2016, down 5.3% quarter-over-quarter.
- 48 funds opened new First American positions in Q3 2016 and 18 closed out, a net change of +30 holders.
- The largest First American buyer in Q3 2016 was Victory Capital Management, an estimated $27.4M added.
- The largest First American seller in Q3 2016 was T. Rowe Price Associates, an estimated $43.8M sold.
Based on aggregated 13F filings for Q3 2016.