First American
352 hedge funds and large institutions have $5.1B invested in First American in 2023 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 102 increasing their positions, 138 reducing their positions, and 45 closing their positions.
88% more call options, than puts
Call options by funds: $2.04M | Put options by funds: $1.08M
3% more capital invested
Capital invested by funds: $4.95B → $5.1B (+$152M)
0.59% more ownership
Funds ownership: 86.3% → 86.89% (+0.59%)
4% less funds holding
Funds holding: 368 → 352 (-16)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
26% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 138
29% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$78.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$37.7M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$30.7M |
| 4 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$14.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$27.2M |
| 2 |
Morgan Stanley
New York
|
-$22.5M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$20.1M |
| 4 |
BlackRock
New York
|
-$16.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$11.4M |
FAF Hedge Fund Activity: Q2 2023 in Review
352 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q2 2023, worth a combined $5.1B — up 3.1% from $4.95B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of FAF and 32 opened new positions — a net loss of 13 holders — while 138 trimmed existing stakes and 102 added.
The largest buyer was Boston Partners, adding an estimated $78.9M. The largest seller was First Trust Advisors, cutting an estimated $27.2M.
- 352 institutional investors held First American (FAF) as of Q2 2023, down from 368 in Q1 2023.
- Funds reported $5.1B of First American stock for Q2 2023, up 3.1% quarter-over-quarter.
- 32 funds opened new First American positions in Q2 2023 and 45 closed out, a net change of -13 holders.
- The largest First American buyer in Q2 2023 was Boston Partners, an estimated $78.9M added.
- The largest First American seller in Q2 2023 was First Trust Advisors, an estimated $27.2M sold.
Based on aggregated 13F filings for Q2 2023.