First American
429 hedge funds and large institutions have $6.29B invested in First American in 2021 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 130 increasing their positions, 165 reducing their positions, and 35 closing their positions.
46% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 35
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
6% more capital invested
Capital invested by funds: $5.91B → $6.29B (+$382M)
2% more funds holding
Funds holding: 419 → 429 (+10)
1.19% less ownership
Funds ownership: 87.04% → 85.85% (-1.2%)
16% less call options, than puts
Call options by funds: $959K | Put options by funds: $1.14M
21% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 165
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$217M |
| 2 |
GAM
Goldentree Asset Management
New York
|
+$15.7M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$12.3M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$12.3M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$99.3M |
| 2 |
Goldman Sachs
New York
|
-$31.9M |
| 3 |
Two Sigma Advisers
New York
|
-$31.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$23.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$18.9M |
FAF Hedge Fund Activity: Q3 2021 in Review
429 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q3 2021, worth a combined $6.29B — up 6.5% from $5.91B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new FAF positions and 35 closed out — a net gain of 16 holders — while 130 added to existing stakes and 165 trimmed.
The largest buyer was HG Vora Capital Management, adding an estimated $217M. The largest seller was BlackRock, cutting an estimated $99.3M.
- 429 institutional investors held First American (FAF) as of Q3 2021, up from 419 in Q2 2021.
- Funds reported $6.29B of First American stock for Q3 2021, up 6.5% quarter-over-quarter.
- 51 funds opened new First American positions in Q3 2021 and 35 closed out, a net change of +16 holders.
- The largest First American buyer in Q3 2021 was HG Vora Capital Management, an estimated $217M added.
- The largest First American seller in Q3 2021 was BlackRock, an estimated $99.3M sold.
Based on aggregated 13F filings for Q3 2021.