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First American

194 hedge funds and large institutions have $2.76B invested in First American in 2014 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 69 increasing their positions, 69 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.79% more ownership

Funds ownership: 94.18%94.97% (+0.79%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 69

1% less capital invested

Capital invested by funds: $2.8B → $2.76B (-$38.7M)

4% less funds holding

Funds holding: 203194 (-9)

33% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 24

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $68K

Holders
194
Holders Change
-9
Holders Change %
-4.43%
% of All Funds
5.63%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.15%
New
16
Increased
69
Reduced
69
Closed
24
Calls
Puts
$68K
Net Calls
-$68K
Net Calls Change
+$418K
Name Holding Trade Value Shares
Change
Change in
Stake
APG Asset Management
51
APG Asset Management
Netherlands
$6.32M -$1.62M -58,300 -20%
New York State Teachers Retirement System (NYSTRS)
52
New York State Teachers Retirement System (NYSTRS)
New York
$6.27M -$5.57K -200 -0.1%
Goldman Sachs
53
Goldman Sachs
New York
$6.17M -$8.44K -303 -0.1%
RhumbLine Advisers
54
RhumbLine Advisers
Massachusetts
$6.02M +$101K +3,620 +2%
AllianceBernstein
55
AllianceBernstein
Tennessee
$5.6M +$2.87K +103 +0%
RA
56
Royce & Associates
New York
$5.46M -$702K -25,200 -11%
RFC
57
Russell Frank Company
Washington
$5.45M +$4.12M +147,964 +280%
California State Teachers Retirement System (CalSTRS)
58
California State Teachers Retirement System (CalSTRS)
California
$5.35M +$61.8K +2,220 +1%
CM
59
Churchill Management
California
$4.84M +$4.97M +178,482 New
PP
60
Prospector Partners
Connecticut
$4.76M -$1.2M -43,000 -20%
MLICM
61
Metropolitan Life Insurance Company (MetLife)
New York
$4.59M +$22.8K +820 +0.5%
Royal Bank of Canada
62
Royal Bank of Canada
Ontario, Canada
$4.49M -$2.06M -73,907 -31%
TA
63
Teachers Advisors
New York
$4.11M -$39K -1,402 -0.9%
CCM
64
CWH Capital Management
Washington
$3.65M +$3.75M +134,540 New
Retirement Systems of Alabama
65
Retirement Systems of Alabama
Alabama
$3.63M -$18.2K -652 -0.5%
PPA
66
Parametric Portfolio Associates
Washington
$3.55M +$246K +8,833 +7%
Morgan Stanley
67
Morgan Stanley
New York
$3.53M -$1M -35,976 -22%
Bank of Montreal
68
Bank of Montreal
Ontario, Canada
$3.25M -$74.6K -2,680 -2%
Financial Engines Advisors
69
Financial Engines Advisors
California
$3.25M +$648K +23,280 +24%
Swiss National Bank
70
Swiss National Bank
Switzerland
$3.15M -$39K -1,400 -1%
ProShare Advisors
71
ProShare Advisors
Maryland
$3.12M -$125K -4,482 -4%
QCMNJ
72
Quantum Capital Management (New Jersey)
New Jersey
$3.09M +$85.6K +3,075 +3%
Renaissance Technologies
73
Renaissance Technologies
New York
$3.02M -$9.52M -342,100 -75%
Natixis Advisors
74
Natixis Advisors
Massachusetts
$3.01M -$1.99M -71,412 -39%
CCP
75
Centaur Capital Partners
Texas
$2.85M

FAF Hedge Fund Activity: Q3 2014 in Review

194 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q3 2014, worth a combined $2.76B — down 1.4% from $2.8B a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of FAF and 16 opened new positions — a net loss of 8 holders — while 69 trimmed existing stakes and 69 added.

The largest buyer was Ariel Investments, adding an estimated $27.6M. The largest seller was Norges Bank, cutting an estimated $21.4M.

  • 194 institutional investors held First American (FAF) as of Q3 2014, down from 203 in Q2 2014.
  • Funds reported $2.76B of First American stock for Q3 2014, down 1.4% quarter-over-quarter.
  • 16 funds opened new First American positions in Q3 2014 and 24 closed out, a net change of -8 holders.
  • The largest First American buyer in Q3 2014 was Ariel Investments, an estimated $27.6M added.
  • The largest First American seller in Q3 2014 was Norges Bank, an estimated $21.4M sold.

Based on aggregated 13F filings for Q3 2014.