First American
365 hedge funds and large institutions have $4.52B invested in First American in 2022 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 103 increasing their positions, 148 reducing their positions, and 43 closing their positions.
12% more capital invested
Capital invested by funds: $4.04B → $4.52B (+$476M)
1.08% more ownership
Funds ownership: 85.08% → 86.17% (+1.1%)
7% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 43
1% more call options, than puts
Call options by funds: $3.76M | Put options by funds: $3.71M
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less funds holding
Funds holding: 367 → 365 (-2)
30% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 148
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$55.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.7M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$29.2M |
| 4 |
Select Equity Group
New York
|
+$28.7M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$20.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$26.7M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$21.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$17.9M |
| 4 |
Amundi
Paris,
France
|
-$14.5M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$13M |
FAF Hedge Fund Activity: Q4 2022 in Review
365 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q4 2022, worth a combined $4.52B — up 12% from $4.04B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new FAF positions and 43 closed out — a net gain of 3 holders — while 103 added to existing stakes and 148 trimmed.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $55.9M. The largest seller was Millennium Management, cutting an estimated $26.7M.
- 365 institutional investors held First American (FAF) as of Q4 2022, down from 367 in Q3 2022.
- Funds reported $4.52B of First American stock for Q4 2022, up 12% quarter-over-quarter.
- 46 funds opened new First American positions in Q4 2022 and 43 closed out, a net change of +3 holders.
- The largest First American buyer in Q4 2022 was T. Rowe Price Investment Management, an estimated $55.9M added.
- The largest First American seller in Q4 2022 was Millennium Management, an estimated $26.7M sold.
Based on aggregated 13F filings for Q4 2022.