First American
407 hedge funds and large institutions have $5.56B invested in First American in 2019 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 133 increasing their positions, 156 reducing their positions, and 41 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
41% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 41
9% more capital invested
Capital invested by funds: $5.09B → $5.56B (+$469M)
4% more funds holding
Funds holding: 390 → 407 (+17)
0.35% less ownership
Funds ownership: 84.5% → 84.15% (-0.35%)
15% less repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 156
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$71.5M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$37M |
| 3 |
BlackRock
New York
|
+$18.7M |
| 4 |
ZDA
Zweig-DiMenna Associates
New York
|
+$17.2M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$50.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$45.1M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$29.9M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$26.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$15.6M |
FAF Hedge Fund Activity: Q3 2019 in Review
407 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q3 2019, worth a combined $5.56B — up 9.2% from $5.09B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new FAF positions and 41 closed out — a net gain of 17 holders — while 133 added to existing stakes and 156 trimmed.
The largest buyer was Ceredex Value Advisors, opening a new position worth an estimated $71.5M. The largest seller was Goldman Sachs, cutting an estimated $50.5M.
- 407 institutional investors held First American (FAF) as of Q3 2019, up from 390 in Q2 2019.
- Funds reported $5.56B of First American stock for Q3 2019, up 9.2% quarter-over-quarter.
- 58 funds opened new First American positions in Q3 2019 and 41 closed out, a net change of +17 holders.
- The largest First American buyer in Q3 2019 was Ceredex Value Advisors, an estimated $71.5M added.
- The largest First American seller in Q3 2019 was Goldman Sachs, an estimated $50.5M sold.
Based on aggregated 13F filings for Q3 2019.