First American
402 hedge funds and large institutions have $4.02B invested in First American in 2020 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 134 increasing their positions, 152 reducing their positions, and 83 closing their positions.
1.79% less ownership
Funds ownership: 85.96% → 84.17% (-1.8%)
8% less funds holding
Funds holding: 438 → 402 (-36)
12% less repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 152
29% less capital invested
Capital invested by funds: $5.62B → $4.02B (-$1.61B)
34% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 83
34% less call options, than puts
Call options by funds: $3.46M | Put options by funds: $5.28M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
+$81.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$76.3M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$34.9M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$33M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
-$77M |
| 2 |
BlackRock
New York
|
-$68M |
| 3 |
HCM
Hamlin Capital Management
New York
|
-$58.2M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$50.6M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$38.9M |
FAF Hedge Fund Activity: Q1 2020 in Review
402 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q1 2020, worth a combined $4.02B — down 29% from $5.62B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of FAF and 55 opened new positions — a net loss of 28 holders — while 152 trimmed existing stakes and 134 added.
The largest buyer was Ninety One (UK), opening a new position worth an estimated $81.7M. The largest seller was Carlson Capital, exiting entirely with an estimated $77M sold.
- 402 institutional investors held First American (FAF) as of Q1 2020, down from 438 in Q4 2019.
- Funds reported $4.02B of First American stock for Q1 2020, down 29% quarter-over-quarter.
- 55 funds opened new First American positions in Q1 2020 and 83 closed out, a net change of -28 holders.
- The largest First American buyer in Q1 2020 was Ninety One (UK), an estimated $81.7M added.
- The largest First American seller in Q1 2020 was Carlson Capital, an estimated $77M sold.
Based on aggregated 13F filings for Q1 2020.