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First American

355 hedge funds and large institutions have $5.28B invested in First American in 2017 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 118 increasing their positions, 131 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

194% more call options, than puts

Call options by funds: $1.27M | Put options by funds: $433K

167% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 24

13% more capital invested

Capital invested by funds: $4.68B → $5.28B (+$604M)

12% more funds holding

Funds holding: 316355 (+39)

0.36% more ownership

Funds ownership: 84.8%85.16% (+0.36%)

10% less repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 131

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
355
Holders Change
+39
Holders Change %
+12.34%
% of All Funds
8.05%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.14%
New
64
Increased
118
Reduced
131
Closed
24
Calls
$1.27M
Puts
$433K
Net Calls
+$842K
Net Calls Change
+$444K
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$44.9M +$6.24M +115,922 +17%
Citadel Advisors
27
Citadel Advisors
Florida
$37.3M +$26.8M +497,718 +297%
STMM
28
South Texas Money Management
Texas
$36.6M -$1.09M -20,220 -3%
APG Asset Management
29
APG Asset Management
Netherlands
$35M +$29.9M +555,800 +288%
BTP
30
Bloom Tree Partners
New York
$33.6M +$32.3M +599,390 New
MAM
31
Martingale Asset Management
Massachusetts
$33M +$14.2M +263,892 +81%
Bank of America
32
Bank of America
North Carolina
$32.1M -$11.5M -213,930 -27%
Millennium Management
33
Millennium Management
New York
$31.8M +$710K +13,188 +2%
Principal Financial Group
34
Principal Financial Group
Iowa
$31.7M +$2.33M +43,376 +8%
Charles Schwab
35
Charles Schwab
California
$31.5M +$2.08M +38,672 +7%
ECM
36
Ensemble Capital Management
California
$28.4M -$1.94M -35,955 -7%
TCIM
37
TIAA CREF Investment Management
New York
$28M +$1.46M +27,125 +6%
Skandinaviska Enskilda Banken (SEB)
38
Skandinaviska Enskilda Banken (SEB)
Sweden
$27.3M -$5.38M -99,900 -17%
Invesco
39
Invesco
Georgia
$27.3M +$1.79M +33,315 +7%
William Blair Investment Management
40
William Blair Investment Management
Illinois
$26.4M -$233K -4,336 -0.9%
Parnassus Investments
41
Parnassus Investments
California
$26.3M
Wells Fargo
42
Wells Fargo
California
$23.5M +$1.5M +27,921 +7%
Renaissance Technologies
43
Renaissance Technologies
New York
$22M -$9.47M -176,000 -31%
CCMH
44
Cornerstone Capital Management Holdings
New York
$21.3M -$8.57M -159,167 -30%
LSV Asset Management
45
LSV Asset Management
Illinois
$21.3M +$2.26M +42,004 +12%
D.E. Shaw & Co
46
D.E. Shaw & Co
New York
$20.8M -$6.62M -122,997 -25%
New York State Common Retirement Fund
47
New York State Common Retirement Fund
New York
$19.6M -$200K -3,723 -1%
Ameriprise
48
Ameriprise
Minnesota
$19.6M -$555K -10,315 -3%
Comerica Bank
49
Comerica Bank
Texas
$18M -$843K -15,662 -5%
First Trust Advisors
50
First Trust Advisors
Illinois
$17.7M -$2.76M -51,292 -14%

FAF Hedge Fund Activity: Q4 2017 in Review

355 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q4 2017, worth a combined $5.28B — up 13% from $4.68B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new FAF positions and 24 closed out — a net gain of 40 holders — while 118 added to existing stakes and 131 trimmed.

The largest buyer was Bloom Tree Partners, opening a new position worth an estimated $32.3M. The largest seller was Boston Partners, exiting entirely with an estimated $34.7M sold.

  • 355 institutional investors held First American (FAF) as of Q4 2017, up from 316 in Q3 2017.
  • Funds reported $5.28B of First American stock for Q4 2017, up 13% quarter-over-quarter.
  • 64 funds opened new First American positions in Q4 2017 and 24 closed out, a net change of +40 holders.
  • The largest First American buyer in Q4 2017 was Bloom Tree Partners, an estimated $32.3M added.
  • The largest First American seller in Q4 2017 was Boston Partners, an estimated $34.7M sold.

Based on aggregated 13F filings for Q4 2017.