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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
Renaissance Technologies
76
Renaissance Technologies
New York
$3.18M -$10.5M -405,200 -78%
TPSF
77
Texas Permanent School Fund
Texas
$3.14M -$52.5K -2,023 -2%
Financial Engines Advisors
78
Financial Engines Advisors
California
$3.09M -$438K -16,874 -13%
State Board of Administration of Florida Retirement System
79
State Board of Administration of Florida Retirement System
Florida
$3.07M -$12.2K -469 -0.4%
GC
80
Guggenheim Capital
Illinois
$3.06M -$15.4M -594,421 -85%
ProShare Advisors
81
ProShare Advisors
Maryland
$2.9M +$143K +5,517 +6%
PAM
82
Panagora Asset Management
Massachusetts
$2.87M -$112K -4,310 -4%
Invesco
83
Invesco
Georgia
$2.82M +$317K +12,197 +14%
USAA
84
United Services Automobile Association
Texas
$2.78M
MIU
85
Man Investments (UK)
United Kingdom
$2.74M +$1.01M +38,938 +67%
Swiss National Bank
86
Swiss National Bank
Switzerland
$2.7M
PPA
87
Parametric Portfolio Associates
Washington
$2.68M -$22.1K -852 -0.9%
PGCM
88
Prescott Group Capital Management
Oklahoma
$2.63M +$272K +10,500 +13%
BCM
89
Bridgeway Capital Management
Texas
$2.62M -$400K -15,400 -14%
KAM
90
Knightsbridge Asset Management
California
$2.61M -$367K -14,154 -13%
FAT
91
First American Trust
California
$2.59M
Federated Hermes
92
Federated Hermes
Pennsylvania
$2.53M -$116K -4,486 -5%
Citigroup
93
Citigroup
New York
$2.44M +$1.65M +63,573 +277%
ECM
94
Ensemble Capital Management
California
$2.38M +$1.52M +58,505 +225%
PI
95
Placemark Investments
Illinois
$2.33M -$412K -15,891 -16%
Comerica Bank
96
Comerica Bank
Texas
$2.3M -$93.4K -3,600 -4%
ASRS
97
Arizona State Retirement System
Arizona
$2.17M -$202K -7,800 -9%
Millennium Management
98
Millennium Management
New York
$2.12M +$1.95M +75,281 New
SCM
99
Sterling Capital Management
North Carolina
$2.02M -$143K -5,500 -7%
Prudential Financial
100
Prudential Financial
New Jersey
$2.01M -$119K -4,600 -6%

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.