First American
451 hedge funds and large institutions have $7.21B invested in First American in 2021 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 134 increasing their positions, 167 reducing their positions, and 43 closing their positions.
65% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 43
15% more capital invested
Capital invested by funds: $6.29B → $7.21B (+$916M)
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
5% more funds holding
Funds holding: 429 → 451 (+22)
6% less call options, than puts
Call options by funds: $1.38M | Put options by funds: $1.48M
1.23% less ownership
Funds ownership: 85.85% → 84.62% (-1.2%)
20% less repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 167
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
+$59.7M |
| 2 |
D.E. Shaw & Co
New York
|
+$47.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$17M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$15.9M |
| 5 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$40.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$34.8M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$32.8M |
| 4 |
AI
Ariel Investments
Chicago,
Illinois
|
-$30.2M |
| 5 |
Millennium Management
New York
|
-$24.2M |
FAF Hedge Fund Activity: Q4 2021 in Review
451 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q4 2021, worth a combined $7.21B — up 15% from $6.29B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new FAF positions and 43 closed out — a net gain of 28 holders — while 134 added to existing stakes and 167 trimmed.
The largest buyer was HG Vora Capital Management, adding an estimated $59.7M. The largest seller was ClearBridge Investments, exiting entirely with an estimated $40.9M sold.
- 451 institutional investors held First American (FAF) as of Q4 2021, up from 429 in Q3 2021.
- Funds reported $7.21B of First American stock for Q4 2021, up 15% quarter-over-quarter.
- 71 funds opened new First American positions in Q4 2021 and 43 closed out, a net change of +28 holders.
- The largest First American buyer in Q4 2021 was HG Vora Capital Management, an estimated $59.7M added.
- The largest First American seller in Q4 2021 was ClearBridge Investments, an estimated $40.9M sold.
Based on aggregated 13F filings for Q4 2021.