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First American

322 hedge funds and large institutions have $4.19B invested in First American in 2017 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 137 increasing their positions, 99 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

127% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 22

38% more repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 99

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

13% more capital invested

Capital invested by funds: $3.72B → $4.19B (+$470M)

9% more funds holding

Funds holding: 296322 (+26)

9% less call options, than puts

Call options by funds: $447K | Put options by funds: $492K

1.29% less ownership

Funds ownership: 86.05%84.76% (-1.3%)

Holders
322
Holders Change
+26
Holders Change %
+8.78%
% of All Funds
8.03%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.12%
New
50
Increased
137
Reduced
99
Closed
22
Calls
$447K
Puts
$492K
Net Calls
-$45K
Net Calls Change
+$413K
Name Holding Trade Value Shares
Change
Change in
Stake
Comerica Bank
51
Comerica Bank
Texas
$14.8M +$9.91M +234,333 +271%
MWNA
52
Marshall Wace North America
New York
$14.6M +$13.8M +325,405 New
UIM
53
Underhill Investment Management
California
$14.5M +$742K +17,550 +6%
BNP Paribas Financial Markets
54
BNP Paribas Financial Markets
France
$12M +$10.1M +237,915 +773%
Natixis Advisors
55
Natixis Advisors
Massachusetts
$11.8M -$2.83M -66,989 -20%
California Public Employees Retirement System
56
California Public Employees Retirement System
California
$11.8M +$80.3K +1,900 +0.7%
AIG
57
American International Group
New York
$11.7M +$160K +3,773 +1%
Millennium Management
58
Millennium Management
New York
$11.5M -$7.74M -182,949 -42%
PFC
59
Phocas Financial Corp
California
$11.4M +$6.09M +143,941 +130%
TA
60
Teachers Advisors
New York
$11.3M +$3.66M +86,604 +52%
BGIM
61
Brandywine Global Investment Management
Pennsylvania
$11.2M -$271K -6,400 -2%
RhumbLine Advisers
62
RhumbLine Advisers
Massachusetts
$11.1M -$90.1K -2,131 -0.9%
New York State Teachers Retirement System (NYSTRS)
63
New York State Teachers Retirement System (NYSTRS)
New York
$10.7M -$330K -7,800 -3%
Loomis, Sayles & Company
64
Loomis, Sayles & Company
Massachusetts
$10.7M +$1.86M +43,945 +23%
NFA
65
Nationwide Fund Advisors
Ohio
$10.6M +$741K +17,532 +8%
SI
66
Sapience Investments
California
$10.4M -$1.61M -38,030 -14%
Morgan Stanley
67
Morgan Stanley
New York
$10.3M -$7.97M -188,574 -45%
Citadel Advisors
68
Citadel Advisors
Florida
$10.1M -$27.8M -657,118 -74%
Royal Bank of Canada
69
Royal Bank of Canada
Ontario, Canada
$9.83M +$1.1M +25,942 +13%
State of Tennessee, Department of Treasury
70
State of Tennessee, Department of Treasury
Tennessee
$9.64M +$7.19M +170,000 +371%
MAM
71
Martingale Asset Management
Massachusetts
$8.98M +$8.1M +191,525 +2,036%
California State Teachers Retirement System (CalSTRS)
72
California State Teachers Retirement System (CalSTRS)
California
$8.86M -$856K -20,243 -9%
DCM
73
Dupont Capital Management
Delaware
$8.63M +$3.46M +81,747 +73%
Swiss National Bank
74
Swiss National Bank
Switzerland
$8.2M +$80.3K +1,900 +1%
Two Sigma Investments
75
Two Sigma Investments
New York
$7.68M -$10.4M -246,707 -59%

FAF Hedge Fund Activity: Q2 2017 in Review

322 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q2 2017, worth a combined $4.19B — up 13% from $3.72B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new FAF positions and 22 closed out — a net gain of 28 holders — while 137 added to existing stakes and 99 trimmed.

The largest buyer was Victory Capital Management, opening a new position worth an estimated $72.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $74M.

  • 322 institutional investors held First American (FAF) as of Q2 2017, up from 296 in Q1 2017.
  • Funds reported $4.19B of First American stock for Q2 2017, up 13% quarter-over-quarter.
  • 50 funds opened new First American positions in Q2 2017 and 22 closed out, a net change of +28 holders.
  • The largest First American buyer in Q2 2017 was Victory Capital Management, an estimated $72.2M added.
  • The largest First American seller in Q2 2017 was T. Rowe Price Associates, an estimated $74M sold.

Based on aggregated 13F filings for Q2 2017.