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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
State Board of Administration of Florida Retirement System
76
State Board of Administration of Florida Retirement System
Florida
$2.77M -$300K -10,785 -10%
TPSF
77
Texas Permanent School Fund
Texas
$2.63M -$303K -10,885 -10%
Prudential Financial
78
Prudential Financial
New Jersey
$2.62M +$324K +11,638 +14%
CS
79
Credit Suisse
Switzerland
$2.58M -$1.6M -57,450 -38%
PGCM
80
Prescott Group Capital Management
Oklahoma
$2.53M
BCM
81
Bridgeway Capital Management
Texas
$2.52M
KAM
82
Knightsbridge Asset Management
California
$2.5M -$13.1K -470 -0.5%
Los Angeles Capital Management
83
Los Angeles Capital Management
California
$2.44M -$932K -33,461 -27%
SCM
84
Sterling Capital Management
North Carolina
$2.33M -$1.73M -62,164 -42%
PCM
85
Piermont Capital Management
Missouri
$2.29M -$10.6K -380 -0.4%
Invesco
86
Invesco
Georgia
$2.14M -$612K -21,971 -22%
Comerica Bank
87
Comerica Bank
Texas
$2.12M +$76.8K +2,758 +4%
ERSOT
88
Employees Retirement System of Texas
Texas
$2.06M
WI
89
WHV Investments
California
$1.97M
Credit Agricole
90
Credit Agricole
France
$1.94M
ASRS
91
Arizona State Retirement System
Arizona
$1.87M -$69.6K -2,500 -3%
MOACM
92
Mutual of America Capital Management
New York
$1.82M +$31.2K +1,122 +2%
MM
93
Midas Management
New York
$1.76M +$1.81M +65,000 New
PI
94
Placemark Investments
Illinois
$1.68M -$316K -11,335 -15%
BA
95
BlackRock Advisors
Delaware
$1.62M -$31.4K -1,128 -2%
UBS AM
96
UBS AM
Illinois
$1.58M +$11.1K +400 +0.7%
Nomura Holdings
97
Nomura Holdings
Japan
$1.51M +$1.54M +55,381 New
U
98
UBS
Switzerland
$1.45M +$1.11M +40,012 +294%
Federated Hermes
99
Federated Hermes
Pennsylvania
$1.45M -$595K -21,364 -29%
N
100
Nuveen
North Carolina
$1.4M +$32.7K +1,174 +2%

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.