First American
395 hedge funds and large institutions have $5.93B invested in First American in 2024 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 128 increasing their positions, 140 reducing their positions, and 52 closing their positions.
23% more capital invested
Capital invested by funds: $4.83B → $5.93B (+$1.1B)
13% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 52
2% more funds holding
Funds holding: 389 → 395 (+6)
0.94% more ownership
Funds ownership: 86.35% → 87.29% (+0.94%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
9% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 140
87% less call options, than puts
Call options by funds: $944K | Put options by funds: $7.24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$213M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$88.5M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$40.2M |
| 4 |
Holocene Advisors
New York
|
+$34M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$24.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$259M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
-$77.8M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$29.8M |
| 4 |
LCM
Lakewood Capital Management
New York
|
-$23.7M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$20.5M |
FAF Hedge Fund Activity: Q3 2024 in Review
395 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in First American (FAF) for Q3 2024, worth a combined $5.93B — up 23% from $4.83B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new FAF positions and 52 closed out — a net gain of 7 holders — while 128 added to existing stakes and 140 trimmed.
The largest buyer was Millennium Management, adding an estimated $213M. The largest seller was Fidelity Investments, cutting an estimated $259M.
- 395 institutional investors held First American (FAF) as of Q3 2024, up from 389 in Q2 2024.
- Funds reported $5.93B of First American stock for Q3 2024, up 23% quarter-over-quarter.
- 59 funds opened new First American positions in Q3 2024 and 52 closed out, a net change of +7 holders.
- The largest First American buyer in Q3 2024 was Millennium Management, an estimated $213M added.
- The largest First American seller in Q3 2024 was Fidelity Investments, an estimated $259M sold.
Based on aggregated 13F filings for Q3 2024.