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First American

243 hedge funds and large institutions have $3.73B invested in First American in 2015 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 92 increasing their positions, 81 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 81

8% less call options, than puts

Call options by funds: $316K | Put options by funds: $345K

1.38% less ownership

Funds ownership: 97.07%95.68% (-1.4%)

7% less funds holding

Funds holding: 261243 (-18)

9% less capital invested

Capital invested by funds: $4.11B → $3.73B (-$383M)

38% less funds holding in top 10

Funds holding in top 10: 85 (-3)

38% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 45

Holders
243
Holders Change
-18
Holders Change %
-6.9%
% of All Funds
6.37%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.13%
New
28
Increased
92
Reduced
81
Closed
45
Calls
$316K
Puts
$345K
Net Calls
-$29K
Net Calls Change
-$447K
Name Holding Trade Value Shares
Change
Change in
Stake
LSERS
126
Louisiana State Employees Retirement System
Louisiana
$1.08M +$30.6K +800 +3%
Stifel Financial
127
Stifel Financial
Missouri
$1.08M -$98K -2,565 -8%
TRSOTSOK
128
Teachers Retirement System of the State of Kentucky
Kentucky
$1.07M
CEP
129
Chicago Equity Partners
Illinois
$1.05M -$6.25M -163,470 -85%
Public Employees Retirement Association of Colorado
130
Public Employees Retirement Association of Colorado
Colorado
$1.05M
CCM
131
CrestPoint Capital Management
Missouri
$1.02M
ZIG
132
Zurich Insurance Group
Switzerland
$1.01M +$1.08M +28,200 New
Nisa Investment Advisors
133
Nisa Investment Advisors
Missouri
$1M
AIP
134
Ameritas Investment Partners
Nebraska
$882K
Los Angeles Capital Management
135
Los Angeles Capital Management
California
$861K -$791K -20,710 -46%
O
136
OppenheimerFunds
New York
$839K +$892K +23,355 New
OSAM
137
O'Shaughnessy Asset Management
Connecticut
$811K -$506K -13,241 -37%
Walleye Trading
138
Walleye Trading
New York
$796K +$847K +22,174 New
RCM
139
Riverhead Capital Management
Delaware
$775K +$619K +16,200 +300%
WB
140
WesBanco Bank
West Virginia
$718K
HighTower Advisors
141
HighTower Advisors
Illinois
$685K +$725K +18,984 New
NIT
142
NumerixS Investment Technologies
British Columbia, Canada
$684K -$58.1K -1,520 -7%
BNP Paribas Financial Markets
143
BNP Paribas Financial Markets
France
$664K -$107K -2,798 -13%
CIBC World Market
144
CIBC World Market
Ontario, Canada
$616K +$85.5K +2,238 +15%
FAAS
145
First Allied Advisory Services
California
$608K +$7.64K +200 +1%
WI
146
WHV Investments
California
$600K -$927K -24,268 -59%
SC
147
Scotia Capital
Ontario, Canada
$584K
RQS
148
Ramsey Quantitative Systems
Kentucky
$563K +$599K +15,682 New
NONA
149
Ninety One North America
New York
$557K
TFA
150
Transamerica Financial Advisors
Florida
$533K +$567K +14,844 New

FAF Hedge Fund Activity: Q4 2015 in Review

243 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q4 2015, worth a combined $3.73B — down 9.3% from $4.11B a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of FAF and 28 opened new positions — a net loss of 17 holders — while 81 trimmed existing stakes and 92 added.

The largest buyer was AQR Capital Management, adding an estimated $34.9M. The largest seller was RS Investment Management, cutting an estimated $30.6M.

  • 243 institutional investors held First American (FAF) as of Q4 2015, down from 261 in Q3 2015.
  • Funds reported $3.73B of First American stock for Q4 2015, down 9.3% quarter-over-quarter.
  • 28 funds opened new First American positions in Q4 2015 and 45 closed out, a net change of -17 holders.
  • The largest First American buyer in Q4 2015 was AQR Capital Management, an estimated $34.9M added.
  • The largest First American seller in Q4 2015 was RS Investment Management, an estimated $30.6M sold.

Based on aggregated 13F filings for Q4 2015.