First American
424 hedge funds and large institutions have $5.65B invested in First American in 2025 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 150 increasing their positions, 155 reducing their positions, and 58 closing their positions.
16,583% more call options, than puts
Call options by funds: $1M | Put options by funds: $6K
1.91% more ownership
Funds ownership: 87.54% → 89.44% (+1.9%)
3% less repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 155
5% less capital invested
Capital invested by funds: $5.92B → $5.65B (-$270M)
4% less funds holding
Funds holding: 443 → 424 (-19)
28% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 58
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$181M |
| 2 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$70.5M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$66.6M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$55.8M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$108M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$107M |
| 3 |
HVCM
HG Vora Capital Management
New York
|
-$46M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$44.2M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$31.9M |
FAF Hedge Fund Activity: Q2 2025 in Review
424 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q2 2025, worth a combined $5.65B — down 4.6% from $5.92B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of FAF and 42 opened new positions — a net loss of 16 holders — while 155 trimmed existing stakes and 150 added.
The largest buyer was Fidelity Investments, adding an estimated $181M. The largest seller was Millennium Management, cutting an estimated $108M.
- 424 institutional investors held First American (FAF) as of Q2 2025, down from 443 in Q1 2025.
- Funds reported $5.65B of First American stock for Q2 2025, down 4.6% quarter-over-quarter.
- 42 funds opened new First American positions in Q2 2025 and 58 closed out, a net change of -16 holders.
- The largest First American buyer in Q2 2025 was Fidelity Investments, an estimated $181M added.
- The largest First American seller in Q2 2025 was Millennium Management, an estimated $108M sold.
Based on aggregated 13F filings for Q2 2025.