First American
FAF
390 hedge funds and large institutions have $5.09B invested in First American in 2019 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 133 increasing their positions, 131 reducing their positions, and 40 closing their positions.
298% more call options, than puts
Call options by funds: $1.83M | Put options by funds: $459K
60% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 40
6% more capital invested
Capital invested by funds: $4.82B → $5.09B (+$275M)
5% more funds holding
Funds holding: 370 → 390 (+20)
2% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 131
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.45% less ownership
Funds ownership: 84.95% → 84.5% (-0.45%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$49.2M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$42.4M |
| 3 |
Parnassus Investments
San Francisco,
California
|
+$23.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$23.4M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$20.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$176M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$82.3M |
| 3 |
Renaissance Technologies
New York
|
-$29.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$26.1M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$15.4M |
FAF Hedge Fund Activity: Q2 2019 in Review
390 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q2 2019, worth a combined $5.09B — up 5.7% from $4.82B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new FAF positions and 40 closed out — a net gain of 24 holders — while 133 added to existing stakes and 131 trimmed.
The largest buyer was BlackRock, adding an estimated $49.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $176M.
- 390 institutional investors held First American (FAF) as of Q2 2019, up from 370 in Q1 2019.
- Funds reported $5.09B of First American stock for Q2 2019, up 5.7% quarter-over-quarter.
- 64 funds opened new First American positions in Q2 2019 and 40 closed out, a net change of +24 holders.
- The largest First American buyer in Q2 2019 was BlackRock, an estimated $49.2M added.
- The largest First American seller in Q2 2019 was T. Rowe Price Associates, an estimated $176M sold.
Based on aggregated 13F filings for Q2 2019.