First American
418 hedge funds and large institutions have $5.41B invested in First American in 2021 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 146 increasing their positions, 145 reducing their positions, and 56 closing their positions.
25% more call options, than puts
Call options by funds: $1.37M | Put options by funds: $1.1M
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
12% more capital invested
Capital invested by funds: $4.84B → $5.41B (+$564M)
2.97% more ownership
Funds ownership: 84.14% → 87.1% (+3%)
4% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 56
1% more repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 145
1% less funds holding
Funds holding: 421 → 418 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$164M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
+$54.8M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$53M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$18.8M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$18.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$94.6M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$48M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$47.1M |
| 4 |
MC
MIG Capital
Newport Beach,
California
|
-$36.2M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$29M |
FAF Hedge Fund Activity: Q1 2021 in Review
418 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q1 2021, worth a combined $5.41B — up 12% from $4.84B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new FAF positions and 56 closed out — a net gain of 2 holders — while 146 added to existing stakes and 145 trimmed.
The largest buyer was HG Vora Capital Management, opening a new position worth an estimated $164M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $94.6M.
- 418 institutional investors held First American (FAF) as of Q1 2021, down from 421 in Q4 2020.
- Funds reported $5.41B of First American stock for Q1 2021, up 12% quarter-over-quarter.
- 58 funds opened new First American positions in Q1 2021 and 56 closed out, a net change of +2 holders.
- The largest First American buyer in Q1 2021 was HG Vora Capital Management, an estimated $164M added.
- The largest First American seller in Q1 2021 was Vaughan Nelson Investment Management, an estimated $94.6M sold.
Based on aggregated 13F filings for Q1 2021.