First American
373 hedge funds and large institutions have $4.23B invested in First American in 2018 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 118 increasing their positions, 143 reducing their positions, and 74 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
9% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 74
1.15% less ownership
Funds ownership: 86% → 84.85% (-1.1%)
3% less funds holding
Funds holding: 384 → 373 (-11)
14% less capital invested
Capital invested by funds: $4.94B → $4.23B (-$709M)
17% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 143
66% less call options, than puts
Call options by funds: $362K | Put options by funds: $1.06M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$109M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$68.5M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$31.2M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$24.9M |
| 5 |
Millennium Management
New York
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$76.4M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$59.8M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$43.4M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$37.2M |
| 5 |
Goldman Sachs
New York
|
-$28.2M |
FAF Hedge Fund Activity: Q4 2018 in Review
373 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q4 2018, worth a combined $4.23B — down 14% from $4.94B a quarter earlier.
Sellers outnumbered buyers: 74 funds closed out of FAF and 67 opened new positions — a net loss of 7 holders — while 143 trimmed existing stakes and 118 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $109M. The largest seller was Robeco Institutional Asset Management, cutting an estimated $76.4M.
- 373 institutional investors held First American (FAF) as of Q4 2018, down from 384 in Q3 2018.
- Funds reported $4.23B of First American stock for Q4 2018, down 14% quarter-over-quarter.
- 67 funds opened new First American positions in Q4 2018 and 74 closed out, a net change of -7 holders.
- The largest First American buyer in Q4 2018 was T. Rowe Price Associates, an estimated $109M added.
- The largest First American seller in Q4 2018 was Robeco Institutional Asset Management, an estimated $76.4M sold.
Based on aggregated 13F filings for Q4 2018.