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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
NFA
51
Nationwide Fund Advisors
Ohio
$7.9M -$172K -6,618 -2%
Principal Financial Group
52
Principal Financial Group
Iowa
$7.56M +$9.6K +370 +0.1%
New York State Teachers Retirement System (NYSTRS)
53
New York State Teachers Retirement System (NYSTRS)
New York
$7.35M -$755K -29,100 -10%
PP
54
Prospector Partners
Connecticut
$7.15M -$1.95M -75,000 -23%
RhumbLine Advisers
55
RhumbLine Advisers
Massachusetts
$6.98M -$267K -10,290 -4%
AIP
56
ARS Investment Partners
New York
$6.67M -$809K -31,163 -12%
AllianceBernstein
57
AllianceBernstein
Tennessee
$6.44M -$343K -13,232 -5%
CCM
58
Cadence Capital Management
Massachusetts
$6.2M -$4.17M -160,615 -42%
Royal Bank of Canada
59
Royal Bank of Canada
Ontario, Canada
$5.96M -$290K -11,160 -5%
MNA
60
Manning & Napier Advisors
New York
$5.95M -$149K -5,760 -3%
Deutsche Bank
61
Deutsche Bank
Germany
$5.72M -$1.79M -69,026 -25%
SCM
62
Schneider Capital Management
Pennsylvania
$5.61M +$1.8M +69,409 +54%
California State Teachers Retirement System (CalSTRS)
63
California State Teachers Retirement System (CalSTRS)
California
$5.52M +$33.7K +1,300 +0.7%
D.E. Shaw & Co
64
D.E. Shaw & Co
New York
$5.52M +$874K +33,679 +21%
CS
65
Credit Suisse
Switzerland
$5.5M +$118K +4,556 +2%
Los Angeles Capital Management
66
Los Angeles Capital Management
California
$5.15M +$4.18M +161,190 +753%
BGIM
67
Brandywine Global Investment Management
Pennsylvania
$5.14M +$4.73M +182,414 New
MLICM
68
Metropolitan Life Insurance Company (MetLife)
New York
$4.83M -$9.24K -356 -0.2%
Natixis Advisors
69
Natixis Advisors
Massachusetts
$4.46M +$1.02M +39,308 +33%
NTCOC
70
Northern Trust Company of Connecticut
Connecticut
$4.43M -$298K -11,479 -7%
Morgan Stanley
71
Morgan Stanley
New York
$4M +$1.39M +53,586 +61%
Retirement Systems of Alabama
72
Retirement Systems of Alabama
Alabama
$3.7M
First Trust Advisors
73
First Trust Advisors
Illinois
$3.63M +$1.3M +50,107 +64%
Bank of Montreal
74
Bank of Montreal
Ontario, Canada
$3.4M -$5.09M -196,026 -62%
Tudor Investment Corp
75
Tudor Investment Corp
Connecticut
$3.33M +$3.06M +118,000 New

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.