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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
Legal & General Group
101
Legal & General Group
United Kingdom
$1.4M +$627K +22,517 +78%
SOMRS
102
State of Michigan Retirement System
Michigan
$1.38M +$11.1K +400 +0.8%
CBB
103
Citizens Business Bank
California
$1.23M
ACI
104
AMP Capital Investors
Australia
$1.21M
PM
105
Penbrook Management
New York
$1.18M -$5.57K -200 -0.5%
ARTA
106
A.R.T. Advisors
New York
$1.17M +$1.2M +43,251 New
MSA
107
Mason Street Advisors
Wisconsin
$1.14M +$15K +539 +1%
IMS
108
Index Management Solutions
Pennsylvania
$1.05M +$811K +29,148 +310%
SO
109
STRS Ohio
Ohio
$1.04M -$535K -19,200 -33%
BG
110
BlackRock Group
United Kingdom
$1M -$11.7K -422 -1%
CONA
111
Capital One National Association
New York
$962K -$28.5K -1,025 -3%
LMGAM
112
Liberty Mutual Group Asset Management
Massachusetts
$944K +$17.3K +621 +2%
FAT
113
First American Trust
California
$935K
OPERF
114
Oregon Public Employees Retirement Fund
Oregon
$854K +$16.7K +600 +2%
MERSOM
115
Municipal Employees' Retirement System of Michigan
Michigan
$822K +$30.6K +1,100 +4%
TRSOTSOK
116
Teachers Retirement System of the State of Kentucky
Kentucky
$811K
Public Employees Retirement Association of Colorado
117
Public Employees Retirement Association of Colorado
Colorado
$793K
LSERS
118
Louisiana State Employees Retirement System
Louisiana
$789K +$11.1K +400 +1%
OA
119
OFI Advisors
Pennsylvania
$761K -$6.74K -242 -0.9%
Nisa Investment Advisors
120
Nisa Investment Advisors
Missouri
$723K
PAM
121
Paradigm Asset Management
New York
$721K +$19.5K +700 +3%
AIP
122
Ameritas Investment Partners
Nebraska
$689K -$9.69K -348 -1%
WG
123
Winton Group
United Kingdom
$641K +$99.4K +3,572 +18%
Susquehanna International Group
124
Susquehanna International Group
Pennsylvania
$600K -$1.07M -38,520 -64%
FAAS
125
First Allied Advisory Services
California
$548K +$343K +12,331 +154%

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.