First American
443 hedge funds and large institutions have $5.92B invested in First American in 2025 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 153 increasing their positions, 146 reducing their positions, and 36 closing their positions.
117% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 36
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
9% more funds holding
Funds holding: 405 → 443 (+38)
5% more repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 146
4% more capital invested
Capital invested by funds: $5.71B → $5.92B (+$214M)
1.2% less ownership
Funds ownership: 88.74% → 87.54% (-1.2%)
46% less call options, than puts
Call options by funds: $984K | Put options by funds: $1.83M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$55.5M |
| 2 |
Holocene Advisors
New York
|
+$18.3M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$15M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$14.6M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
-$74.1M |
| 2 |
Millennium Management
New York
|
-$71.8M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$35.9M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$35.1M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$26.1M |
FAF Hedge Fund Activity: Q1 2025 in Review
443 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q1 2025, worth a combined $5.92B — up 3.8% from $5.71B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new FAF positions and 36 closed out — a net gain of 42 holders — while 153 added to existing stakes and 146 trimmed.
The largest buyer was Boston Partners, adding an estimated $55.5M. The largest seller was HG Vora Capital Management, cutting an estimated $74.1M.
- 443 institutional investors held First American (FAF) as of Q1 2025, up from 405 in Q4 2024.
- Funds reported $5.92B of First American stock for Q1 2025, up 3.8% quarter-over-quarter.
- 78 funds opened new First American positions in Q1 2025 and 36 closed out, a net change of +42 holders.
- The largest First American buyer in Q1 2025 was Boston Partners, an estimated $55.5M added.
- The largest First American seller in Q1 2025 was HG Vora Capital Management, an estimated $74.1M sold.
Based on aggregated 13F filings for Q1 2025.