First American
FAF
226 hedge funds and large institutions have $3.85B invested in First American in 2015 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 84 increasing their positions, 75 reducing their positions, and 35 closing their positions.
137% more call options, than puts
Call options by funds: $441K | Put options by funds: $186K
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
12% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 75
10% more capital invested
Capital invested by funds: $3.5B → $3.85B (+$356M)
4.58% more ownership
Funds ownership: 90.95% → 95.53% (+4.6%)
3% less funds holding
Funds holding: 232 → 226 (-6)
11% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$181M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$42.3M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$36.3M |
| 4 |
Bank of New York Mellon
New York
|
+$30M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$27.6M |
| 2 |
SC
Samlyn Capital
New York
|
-$24.7M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$23.4M |
| 4 |
Millennium Management
New York
|
-$16.8M |
| 5 |
RIM
RS Investment Management
San Francisco,
California
|
-$13.9M |
FAF Hedge Fund Activity: Q2 2015 in Review
226 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q2 2015, worth a combined $3.85B — up 10% from $3.5B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of FAF and 31 opened new positions — a net loss of 4 holders — while 75 trimmed existing stakes and 84 added.
The largest buyer was AllianceBernstein, adding an estimated $181M. The largest seller was Odey Asset Management Group, cutting an estimated $27.6M.
- 226 institutional investors held First American (FAF) as of Q2 2015, down from 232 in Q1 2015.
- Funds reported $3.85B of First American stock for Q2 2015, up 10% quarter-over-quarter.
- 31 funds opened new First American positions in Q2 2015 and 35 closed out, a net change of -4 holders.
- The largest First American buyer in Q2 2015 was AllianceBernstein, an estimated $181M added.
- The largest First American seller in Q2 2015 was Odey Asset Management Group, an estimated $27.6M sold.
Based on aggregated 13F filings for Q2 2015.