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First American

194 hedge funds and large institutions have $2.76B invested in First American in 2014 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 69 increasing their positions, 69 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.79% more ownership

Funds ownership: 94.18%94.97% (+0.79%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 69

1% less capital invested

Capital invested by funds: $2.8B → $2.76B (-$38.7M)

4% less funds holding

Funds holding: 203194 (-9)

33% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 24

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $68K

Holders
194
Holders Change
-9
Holders Change %
-4.43%
% of All Funds
5.63%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.15%
New
16
Increased
69
Reduced
69
Closed
24
Calls
Puts
$68K
Net Calls
-$68K
Net Calls Change
+$418K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$290M +$5.6M +200,988 +2%
AI
2
Ariel Investments
Illinois
$282M +$27.6M +990,716 +11%
Vanguard Group
3
Vanguard Group
Pennsylvania
$163M +$2.2M +78,912 +1%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$137M +$8.44M +303,023 +6%
BFA
5
BlackRock Fund Advisors
California
$129M +$2.91M +104,399 +2%
RIM
6
RS Investment Management
California
$120M -$1.47M -52,884 -1%
State Street
7
State Street
Massachusetts
$103M -$1.57M -56,507 -1%
CCM
8
Causeway Capital Management
California
$93.4M +$1.12M +40,100 +1%
OAMG
9
Odey Asset Management Group
United Kingdom
$86.1M +$10M +360,674 +13%
Allianz Asset Management
10
Allianz Asset Management
Germany
$85.4M -$6.91M -248,255 -7%
BIT
11
BlackRock Institutional Trust
California
$82.9M -$2.13M -76,419 -2%
Northern Trust
12
Northern Trust
Illinois
$73.3M +$2.94M +105,732 +4%
Ninety One (UK)
13
Ninety One (UK)
United Kingdom
$71.3M +$502K +18,046 +0.7%
Schroder Investment Management Group
14
Schroder Investment Management Group
United Kingdom
$63.9M +$11.5M +411,607 +21%
ACA
15
Anchor Capital Advisors
Massachusetts
$63.8M -$4.72M -169,631 -7%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$54.2M -$787K -28,273 -1%
OAC
17
OMERS Administration Corp
Ontario, Canada
$51.9M
Fidelity Investments
18
Fidelity Investments
Massachusetts
$50M +$3.45M +124,100 +7%
CCM
19
Channing Capital Management
Illinois
$46.6M +$1.56M +56,118 +3%
VOYA Investment Management
20
VOYA Investment Management
Georgia
$41.2M -$1.89M -67,905 -4%
Deutsche Bank
21
Deutsche Bank
Germany
$39.5M +$11.3M +407,226 +39%
Wells Fargo
22
Wells Fargo
California
$33.8M -$174K -6,246 -0.5%
Boston Partners
23
Boston Partners
Massachusetts
$31.8M +$1.27M +45,514 +4%
Norges Bank
24
Norges Bank
Norway
$28.1M -$21.4M -767,951 -43%
Parnassus Investments
25
Parnassus Investments
California
$27.8M -$2.09M -75,000 -7%

FAF Hedge Fund Activity: Q3 2014 in Review

194 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q3 2014, worth a combined $2.76B — down 1.4% from $2.8B a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of FAF and 16 opened new positions — a net loss of 8 holders — while 69 trimmed existing stakes and 69 added.

The largest buyer was Ariel Investments, adding an estimated $27.6M. The largest seller was Norges Bank, cutting an estimated $21.4M.

  • 194 institutional investors held First American (FAF) as of Q3 2014, down from 203 in Q2 2014.
  • Funds reported $2.76B of First American stock for Q3 2014, down 1.4% quarter-over-quarter.
  • 16 funds opened new First American positions in Q3 2014 and 24 closed out, a net change of -8 holders.
  • The largest First American buyer in Q3 2014 was Ariel Investments, an estimated $27.6M added.
  • The largest First American seller in Q3 2014 was Norges Bank, an estimated $21.4M sold.

Based on aggregated 13F filings for Q3 2014.