First American
322 hedge funds and large institutions have $4.19B invested in First American in 2017 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 137 increasing their positions, 99 reducing their positions, and 22 closing their positions.
127% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 22
38% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 99
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
13% more capital invested
Capital invested by funds: $3.72B → $4.19B (+$470M)
9% more funds holding
Funds holding: 296 → 322 (+26)
9% less call options, than puts
Call options by funds: $447K | Put options by funds: $492K
1.29% less ownership
Funds ownership: 86.05% → 84.76% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$72.2M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$36.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$28.6M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$18.9M |
| 5 |
HCM
Hamlin Capital Management
New York
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$74M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$45.7M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$33M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$27.8M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$27.5M |
FAF Hedge Fund Activity: Q2 2017 in Review
322 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q2 2017, worth a combined $4.19B — up 13% from $3.72B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new FAF positions and 22 closed out — a net gain of 28 holders — while 137 added to existing stakes and 99 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $72.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $74M.
- 322 institutional investors held First American (FAF) as of Q2 2017, up from 296 in Q1 2017.
- Funds reported $4.19B of First American stock for Q2 2017, up 13% quarter-over-quarter.
- 50 funds opened new First American positions in Q2 2017 and 22 closed out, a net change of +28 holders.
- The largest First American buyer in Q2 2017 was Victory Capital Management, an estimated $72.2M added.
- The largest First American seller in Q2 2017 was T. Rowe Price Associates, an estimated $74M sold.
Based on aggregated 13F filings for Q2 2017.