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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
PCM
101
Piermont Capital Management
Missouri
$1.95M +$1.8M +69,200 New
BA
102
BlackRock Advisors
Delaware
$1.94M +$84.5K +3,255 +5%
BG
103
BlackRock Group
United Kingdom
$1.92M +$121K +4,648 +7%
MM
104
Midas Management
New York
$1.83M +$1.69M +65,000 New
MOACM
105
Mutual of America Capital Management
New York
$1.81M +$60.8K +2,343 +4%
Credit Agricole
106
Credit Agricole
France
$1.72M +$755K +29,100 +91%
N
107
Nuveen
North Carolina
$1.44M +$16.9K +653 +1%
STC
108
SEI Trust Company
Pennsylvania
$1.43M +$571K +22,003 +76%
SOMRS
109
State of Michigan Retirement System
Michigan
$1.4M -$7.79K -300 -0.6%
UBS AM
110
UBS AM
Illinois
$1.39M +$13K +500 +1%
Two Sigma Investments
111
Two Sigma Investments
New York
$1.36M +$1.25M +48,168 New
NBC
112
Neuberger Berman Canada
Ontario, Canada
$1.32M -$250K -9,620 -17%
PM
113
Penbrook Management
New York
$1.24M +$1.14M +44,083 New
MSA
114
Mason Street Advisors
Wisconsin
$1.18M -$16.8K -646 -2%
JP Morgan Chase
115
JP Morgan Chase
New York
$1.17M -$2.51M -96,672 -70%
Barclays
116
Barclays
United Kingdom
$1.15M +$420K +16,190 +65%
QCMNJ
117
Quantum Capital Management (New Jersey)
New Jersey
$959K +$882K +34,001 New
GMIM
118
General Motors Investment Management
New York
$951K -$193K -7,442 -18%
OC
119
Oppenheimer & Co
New York
$950K +$288K +11,115 +49%
MLM
120
Mount Lucas Management
Pennsylvania
$947K -$999K -38,485 -53%
Susquehanna International Group
121
Susquehanna International Group
Pennsylvania
$920K -$133K -5,121 -14%
CBB
122
Citizens Business Bank
California
$859K +$320K +12,330 +68%
OPERF
123
Oregon Public Employees Retirement Fund
Oregon
$849K +$179K +6,900 +30%
TRSOTSOK
124
Teachers Retirement System of the State of Kentucky
Kentucky
$843K -$33.7K -1,300 -4%
MERSOM
125
Municipal Employees' Retirement System of Michigan
Michigan
$826K +$298K +11,500 +65%

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.