First American
316 hedge funds and large institutions have $4.68B invested in First American in 2017 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 124 increasing their positions, 113 reducing their positions, and 34 closing their positions.
194% more call options, than puts
Call options by funds: $603K | Put options by funds: $205K
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
12% more capital invested
Capital invested by funds: $4.19B → $4.68B (+$492M)
10% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 113
0.04% more ownership
Funds ownership: 84.76% → 84.8% (+0.04%)
6% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 34
2% less funds holding
Funds holding: 322 → 316 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$43.2M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$31.6M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$17.8M |
| 4 |
Millennium Management
New York
|
+$14.2M |
| 5 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$9.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$37.9M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$18.7M |
| 3 |
BCM
Basswood Capital Management
New York
|
-$16.4M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$15.3M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$12.5M |
FAF Hedge Fund Activity: Q3 2017 in Review
316 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q3 2017, worth a combined $4.68B — up 12% from $4.19B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of FAF and 32 opened new positions — a net loss of 2 holders — while 113 trimmed existing stakes and 124 added.
The largest buyer was Robeco Institutional Asset Management, adding an estimated $43.2M. The largest seller was Channing Capital Management, cutting an estimated $37.9M.
- 316 institutional investors held First American (FAF) as of Q3 2017, down from 322 in Q2 2017.
- Funds reported $4.68B of First American stock for Q3 2017, up 12% quarter-over-quarter.
- 32 funds opened new First American positions in Q3 2017 and 34 closed out, a net change of -2 holders.
- The largest First American buyer in Q3 2017 was Robeco Institutional Asset Management, an estimated $43.2M added.
- The largest First American seller in Q3 2017 was Channing Capital Management, an estimated $37.9M sold.
Based on aggregated 13F filings for Q3 2017.