First American
204 hedge funds and large institutions have $3.49B invested in First American in 2014 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 60 increasing their positions, 79 reducing their positions, and 18 closing their positions.
1,207% more call options, than puts
Call options by funds: $353K | Put options by funds: $27K
61% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 18
26% more capital invested
Capital invested by funds: $2.77B → $3.49B (+$720M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
5% more funds holding
Funds holding: 194 → 204 (+10)
0.89% more ownership
Funds ownership: 94.97% → 95.87% (+0.89%)
24% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$184M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$20.4M |
| 3 |
AP
Alydar Partners
Boston,
Massachusetts
|
+$15.3M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$12M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$7.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
-$93.4M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
-$26.7M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
-$20.8M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$20.3M |
| 5 |
Parnassus Investments
San Francisco,
California
|
-$17.2M |
FAF Hedge Fund Activity: Q4 2014 in Review
204 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q4 2014, worth a combined $3.49B — up 26% from $2.77B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FAF positions and 18 closed out — a net gain of 11 holders — while 60 added to existing stakes and 79 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $184M. The largest seller was Causeway Capital Management, exiting entirely with an estimated $93.4M sold.
- 204 institutional investors held First American (FAF) as of Q4 2014, up from 194 in Q3 2014.
- Funds reported $3.49B of First American stock for Q4 2014, up 26% quarter-over-quarter.
- 29 funds opened new First American positions in Q4 2014 and 18 closed out, a net change of +11 holders.
- The largest First American buyer in Q4 2014 was Fidelity Investments, an estimated $184M added.
- The largest First American seller in Q4 2014 was Causeway Capital Management, an estimated $93.4M sold.
Based on aggregated 13F filings for Q4 2014.