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First American

429 hedge funds and large institutions have $6.29B invested in First American in 2021 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 130 increasing their positions, 165 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 35

11% more funds holding in top 10

Funds holding in top 10: 910 (+1)

6% more capital invested

Capital invested by funds: $5.91B → $6.29B (+$382M)

2% more funds holding

Funds holding: 419429 (+10)

1.19% less ownership

Funds ownership: 87.04%85.85% (-1.2%)

16% less call options, than puts

Call options by funds: $959K | Put options by funds: $1.14M

21% less repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 165

Holders
429
Holders Change
+10
Holders Change %
+2.39%
% of All Funds
7.51%
Holding in Top 10
10
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+11.11%
% of All Funds
0.18%
New
51
Increased
130
Reduced
165
Closed
35
Calls
$959K
Puts
$1.14M
Net Calls
-$179K
Net Calls Change
+$76K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$789M -$18.9M -283,030 -2%
HVCM
2
HG Vora Capital Management
New York
$637M +$217M +3,250,000 +52%
BlackRock
3
BlackRock
New York
$626M -$99.3M -1,485,631 -14%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$373M -$9.23M -138,079 -2%
AI
5
Ariel Investments
Illinois
$353M -$9.62M -143,993 -3%
State Street
6
State Street
Massachusetts
$203M -$5.72M -85,667 -3%
LSV Asset Management
7
LSV Asset Management
Illinois
$155M +$7.2M +107,726 +5%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$135M -$383K -5,738 -0.3%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$129M -$440K -6,592 -0.3%
Ninety One (UK)
10
Ninety One (UK)
United Kingdom
$128M -$2.25M -33,657 -2%
Macquarie Group
11
Macquarie Group
Australia
$118M -$2.12M -31,670 -2%
PCC
12
Perry Creek Capital
New York
$105M
ACA
13
Anchor Capital Advisors
Massachusetts
$103M -$3.62M -54,158 -3%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$95.9M -$1.22M -18,306 -1%
LCM
15
Lakewood Capital Management
New York
$91.2M +$2.47M +37,011 +3%
D.E. Shaw & Co
16
D.E. Shaw & Co
New York
$74.9M -$9.04M -135,285 -11%
CCP
17
Clough Capital Partners
Massachusetts
$71.1M +$7.46M +111,700 +12%
Norges Bank
18
Norges Bank
Norway
$70.1M +$882K +13,203 +1%
Victory Capital Management
19
Victory Capital Management
Texas
$66.9M -$449K -6,727 -0.7%
Northern Trust
20
Northern Trust
Illinois
$64M +$809K +12,114 +1%
Charles Schwab
21
Charles Schwab
California
$61.3M -$1.15M -17,229 -2%
Fisher Asset Management
22
Fisher Asset Management
Washington
$56.9M -$1.08M -16,112 -2%
VNIM
23
Vaughan Nelson Investment Management
Texas
$52.1M +$12.3M +184,045 +31%
PAMS
24
Pictet Asset Management (Switzerland)
Switzerland
$49.3M +$49.1M +734,619 New
Boston Partners
25
Boston Partners
Massachusetts
$46.8M +$4.57M +68,333 +11%

FAF Hedge Fund Activity: Q3 2021 in Review

429 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q3 2021, worth a combined $6.29B — up 6.5% from $5.91B a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new FAF positions and 35 closed out — a net gain of 16 holders — while 130 added to existing stakes and 165 trimmed.

The largest buyer was HG Vora Capital Management, adding an estimated $217M. The largest seller was BlackRock, cutting an estimated $99.3M.

  • 429 institutional investors held First American (FAF) as of Q3 2021, up from 419 in Q2 2021.
  • Funds reported $6.29B of First American stock for Q3 2021, up 6.5% quarter-over-quarter.
  • 51 funds opened new First American positions in Q3 2021 and 35 closed out, a net change of +16 holders.
  • The largest First American buyer in Q3 2021 was HG Vora Capital Management, an estimated $217M added.
  • The largest First American seller in Q3 2021 was BlackRock, an estimated $99.3M sold.

Based on aggregated 13F filings for Q3 2021.