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First American

355 hedge funds and large institutions have $5.28B invested in First American in 2017 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 118 increasing their positions, 131 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

194% more call options, than puts

Call options by funds: $1.27M | Put options by funds: $433K

167% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 24

13% more capital invested

Capital invested by funds: $4.68B → $5.28B (+$604M)

12% more funds holding

Funds holding: 316355 (+39)

0.36% more ownership

Funds ownership: 84.8%85.16% (+0.36%)

10% less repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 131

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
355
Holders Change
+39
Holders Change %
+12.34%
% of All Funds
8.05%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.14%
New
64
Increased
118
Reduced
131
Closed
24
Calls
$1.27M
Puts
$433K
Net Calls
+$842K
Net Calls Change
+$444K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$564M +$1.12M +20,728 +0.2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$554M +$20M +371,317 +4%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$538M -$3.3M -61,353 -0.6%
AI
4
Ariel Investments
Illinois
$266M -$25.5M -474,518 -9%
State Street
5
State Street
Massachusetts
$200M +$10.8M +200,879 +6%
AllianceBernstein
6
AllianceBernstein
Tennessee
$151M -$32.3M -600,726 -18%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$136M -$4.49M -83,391 -3%
VNIM
8
Vaughan Nelson Investment Management
Texas
$133M -$19.9M -369,782 -14%
Victory Capital Management
9
Victory Capital Management
Texas
$112M -$4.21M -78,275 -4%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$90.9M -$684K -12,699 -0.8%
Fisher Asset Management
11
Fisher Asset Management
Washington
$87.1M -$1.38M -25,580 -2%
Robeco Institutional Asset Management
12
Robeco Institutional Asset Management
Netherlands
$82.2M +$21.5M +398,665 +37%
Norges Bank
13
Norges Bank
Norway
$81.5M
Goldman Sachs
14
Goldman Sachs
New York
$81.1M +$16.7M +311,055 +27%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$77.5M -$4.03M -74,850 -5%
HCM
16
Hamlin Capital Management
New York
$76.1M -$2.36M -43,783 -3%
Allianz Asset Management
17
Allianz Asset Management
Germany
$69.4M +$15.9M +294,774 +31%
Northern Trust
18
Northern Trust
Illinois
$66.1M -$2.23M -41,427 -3%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$64.3M +$9.48M +176,138 +18%
EVM
20
Eaton Vance Management
Massachusetts
$63.9M -$2.36M -43,900 -4%
AQR Capital Management
21
AQR Capital Management
Connecticut
$63M +$9.22M +171,326 +18%
Prudential Financial
22
Prudential Financial
New Jersey
$62.5M +$2.52M +46,780 +4%
Deutsche Bank
23
Deutsche Bank
Germany
$52.4M -$5.67M -105,375 -10%
Janus Henderson Group
24
Janus Henderson Group
United Kingdom
$51.5M +$4.58M +85,133 +10%
ACA
25
Anchor Capital Advisors
Massachusetts
$46.1M -$1.12M -20,757 -2%

FAF Hedge Fund Activity: Q4 2017 in Review

355 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q4 2017, worth a combined $5.28B — up 13% from $4.68B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new FAF positions and 24 closed out — a net gain of 40 holders — while 118 added to existing stakes and 131 trimmed.

The largest buyer was Bloom Tree Partners, opening a new position worth an estimated $32.3M. The largest seller was Boston Partners, exiting entirely with an estimated $34.7M sold.

  • 355 institutional investors held First American (FAF) as of Q4 2017, up from 316 in Q3 2017.
  • Funds reported $5.28B of First American stock for Q4 2017, up 13% quarter-over-quarter.
  • 64 funds opened new First American positions in Q4 2017 and 24 closed out, a net change of +40 holders.
  • The largest First American buyer in Q4 2017 was Bloom Tree Partners, an estimated $32.3M added.
  • The largest First American seller in Q4 2017 was Boston Partners, an estimated $34.7M sold.

Based on aggregated 13F filings for Q4 2017.