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First American

317 hedge funds and large institutions have $3.52B invested in First American in 2016 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 124 increasing their positions, 104 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

104% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 28

19% more repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 104

9% more funds holding

Funds holding: 292317 (+25)

1.2% more ownership

Funds ownership: 86.24%87.44% (+1.2%)

4% less capital invested

Capital invested by funds: $3.66B → $3.52B (-$147M)

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $234K

Holders
317
Holders Change
+25
Holders Change %
+8.56%
% of All Funds
7.92%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.1%
New
57
Increased
124
Reduced
104
Closed
28
Calls
Puts
$234K
Net Calls
-$234K
Net Calls Change
-$545K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$344M +$24.2M +630,338 +7%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$328M -$19.5M -508,423 -5%
AI
3
Ariel Investments
Illinois
$202M +$139K +3,635 +0.1%
AllianceBernstein
4
AllianceBernstein
Tennessee
$162M -$25.7M -671,122 -13%
BFA
5
BlackRock Fund Advisors
California
$160M +$16.6M +433,167 +11%
BIT
6
BlackRock Institutional Trust
California
$156M +$39.3M +1,024,458 +32%
VNIM
7
Vaughan Nelson Investment Management
Texas
$141M -$8.27M -215,800 -5%
State Street
8
State Street
Massachusetts
$125M +$3.95M +103,030 +3%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$125M -$13.1M -341,063 -9%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$123M -$45.5M -1,185,816 -26%
Northern Trust
11
Northern Trust
Illinois
$85.4M -$4.99M -130,254 -5%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$66.6M -$10.8M -282,951 -13%
CCM
13
Channing Capital Management
Illinois
$65.8M -$1.12M -29,277 -2%
Goldman Sachs
14
Goldman Sachs
New York
$55.5M +$23.8M +619,605 +69%
Fisher Asset Management
15
Fisher Asset Management
Washington
$53M -$879K -22,929 -2%
Allianz Asset Management
16
Allianz Asset Management
Germany
$50.9M +$10.2M +266,452 +24%
Boston Partners
17
Boston Partners
Massachusetts
$48M +$293K +7,635 +0.6%
Norges Bank
18
Norges Bank
Norway
$41.1M +$2.64M +68,760 +7%
Deutsche Bank
19
Deutsche Bank
Germany
$35.6M -$3.19M -83,265 -8%
JP Morgan Chase
20
JP Morgan Chase
New York
$33.9M +$9.84M +256,710 +38%
ACA
21
Anchor Capital Advisors
Massachusetts
$33.5M -$8.78M -229,095 -20%
BCM
22
Basswood Capital Management
New York
$31.8M +$16.6M +433,281 +100%
Bank of America
23
Bank of America
North Carolina
$31.4M +$9.53M +248,540 +41%
Schroder Investment Management Group
24
Schroder Investment Management Group
United Kingdom
$31M +$18M +469,238 +124%
Prudential Financial
25
Prudential Financial
New Jersey
$30.5M +$4.82M +125,709 +18%

FAF Hedge Fund Activity: Q4 2016 in Review

317 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q4 2016, worth a combined $3.52B — down 4% from $3.66B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new FAF positions and 28 closed out — a net gain of 29 holders — while 124 added to existing stakes and 104 trimmed.

The largest buyer was BlackRock Institutional Trust, adding an estimated $39.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $45.5M.

  • 317 institutional investors held First American (FAF) as of Q4 2016, up from 292 in Q3 2016.
  • Funds reported $3.52B of First American stock for Q4 2016, down 4% quarter-over-quarter.
  • 57 funds opened new First American positions in Q4 2016 and 28 closed out, a net change of +29 holders.
  • The largest First American buyer in Q4 2016 was BlackRock Institutional Trust, an estimated $39.3M added.
  • The largest First American seller in Q4 2016 was T. Rowe Price Associates, an estimated $45.5M sold.

Based on aggregated 13F filings for Q4 2016.