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First American

322 hedge funds and large institutions have $4.19B invested in First American in 2017 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 137 increasing their positions, 99 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

127% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 22

38% more repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 99

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

13% more capital invested

Capital invested by funds: $3.72B → $4.19B (+$470M)

9% more funds holding

Funds holding: 296322 (+26)

9% less call options, than puts

Call options by funds: $447K | Put options by funds: $492K

1.29% less ownership

Funds ownership: 86.05%84.76% (-1.3%)

Holders
322
Holders Change
+26
Holders Change %
+8.78%
% of All Funds
8.03%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.12%
New
50
Increased
137
Reduced
99
Closed
22
Calls
$447K
Puts
$492K
Net Calls
-$45K
Net Calls Change
+$413K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$453M +$8.53M +201,687 +2%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$427M +$28.6M +675,763 +8%
Vanguard Group
3
Vanguard Group
Pennsylvania
$417M +$2.25M +53,168 +0.6%
AI
4
Ariel Investments
Illinois
$235M -$10.5M -249,070 -5%
AllianceBernstein
5
AllianceBernstein
Tennessee
$153M -$8.25M -195,008 -5%
State Street
6
State Street
Massachusetts
$151M -$7.23M -171,013 -5%
VNIM
7
Vaughan Nelson Investment Management
Texas
$134M -$33M -781,325 -21%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$121M -$27.5M -650,517 -19%
Victory Capital Management
9
Victory Capital Management
Texas
$76.3M +$72.2M +1,707,583 New
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$74.6M -$74M -1,749,345 -51%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$68.3M -$4.17M -98,589 -6%
Norges Bank
12
Norges Bank
Norway
$67.1M +$9.32M +220,412 +17%
Fisher Asset Management
13
Fisher Asset Management
Washington
$66.1M +$3.03M +71,581 +5%
HCM
14
Hamlin Capital Management
New York
$63.1M +$16.2M +382,145 +37%
EVM
15
Eaton Vance Management
Massachusetts
$61.4M -$10.2M -240,475 -15%
Northern Trust
16
Northern Trust
Illinois
$55.2M -$45.7M -1,081,628 -47%
Allianz Asset Management
17
Allianz Asset Management
Germany
$51.5M -$5.55M -131,243 -10%
Goldman Sachs
18
Goldman Sachs
New York
$50.5M -$9.59M -226,910 -17%
Deutsche Bank
19
Deutsche Bank
Germany
$46.1M -$2.34M -55,393 -5%
CCM
20
Channing Capital Management
Illinois
$45.8M -$16.5M -390,236 -28%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$40.3M +$2.09M +49,524 +6%
ACA
22
Anchor Capital Advisors
Massachusetts
$38.5M -$2.42M -57,168 -6%
AQR Capital Management
23
AQR Capital Management
Connecticut
$38.3M +$7.2M +170,305 +25%
Janus Henderson Group
24
Janus Henderson Group
United Kingdom
$38.2M +$36.2M +855,463 New
Schroder Investment Management Group
25
Schroder Investment Management Group
United Kingdom
$35.4M +$8.64M +204,267 +35%

FAF Hedge Fund Activity: Q2 2017 in Review

322 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q2 2017, worth a combined $4.19B — up 13% from $3.72B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new FAF positions and 22 closed out — a net gain of 28 holders — while 137 added to existing stakes and 99 trimmed.

The largest buyer was Victory Capital Management, opening a new position worth an estimated $72.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $74M.

  • 322 institutional investors held First American (FAF) as of Q2 2017, up from 296 in Q1 2017.
  • Funds reported $4.19B of First American stock for Q2 2017, up 13% quarter-over-quarter.
  • 50 funds opened new First American positions in Q2 2017 and 22 closed out, a net change of +28 holders.
  • The largest First American buyer in Q2 2017 was Victory Capital Management, an estimated $72.2M added.
  • The largest First American seller in Q2 2017 was T. Rowe Price Associates, an estimated $74M sold.

Based on aggregated 13F filings for Q2 2017.