First American
FAF
369 hedge funds and large institutions have $4.95B invested in First American in 2023 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 125 increasing their positions, 132 reducing their positions, and 38 closing their positions.
197% more call options, than puts
Call options by funds: $6.62M | Put options by funds: $2.23M
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
18% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 38
10% more capital invested
Capital invested by funds: $4.52B → $4.95B (+$433M)
2.74% more ownership
Funds ownership: 83.56% → 86.3% (+2.7%)
1% more funds holding
Funds holding: 366 → 369 (+3)
5% less repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 132
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$90M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$74.5M |
| 3 |
BlackRock
New York
|
+$18.9M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$14.6M |
| 5 |
LI
Leeward Investments
Boston,
Massachusetts
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$34.1M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$29.7M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$24.9M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$23.8M |
| 5 |
Select Equity Group
New York
|
-$23.2M |
FAF Hedge Fund Activity: Q1 2023 in Review
369 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q1 2023, worth a combined $4.95B — up 9.6% from $4.52B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new FAF positions and 38 closed out — a net gain of 7 holders — while 125 added to existing stakes and 132 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $90M. The largest seller was Citigroup, cutting an estimated $34.1M.
- 369 institutional investors held First American (FAF) as of Q1 2023, up from 366 in Q4 2022.
- Funds reported $4.95B of First American stock for Q1 2023, up 9.6% quarter-over-quarter.
- 45 funds opened new First American positions in Q1 2023 and 38 closed out, a net change of +7 holders.
- The largest First American buyer in Q1 2023 was Fidelity Investments, an estimated $90M added.
- The largest First American seller in Q1 2023 was Citigroup, an estimated $34.1M sold.
Based on aggregated 13F filings for Q1 2023.