First Financial Bancorp
FFBC
164 hedge funds and large institutions have $1.29B invested in First Financial Bancorp in 2017 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 67 increasing their positions, 49 reducing their positions, and 21 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 49
1.7% more ownership
Funds ownership: 74.16% → 75.85% (+1.7%)
0% more call options, than puts
Call options by funds: $1K | Put options by funds: $1K
1% less capital invested
Capital invested by funds: $1.31B → $1.29B (-$15.5M)
10% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 21
5% less funds holding
Funds holding: 172 → 164 (-8)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$213M |
| 2 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$13.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.01M |
| 4 |
Bank of New York Mellon
New York
|
+$7.38M |
| 5 |
State Street
Boston,
Massachusetts
|
+$6.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$11.9M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$4.46M |
| 3 |
Morgan Stanley
New York
|
-$3.63M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$3.4M |
| 5 |
Millennium Management
New York
|
-$3.28M |
FFBC Hedge Fund Activity: Q1 2017 in Review
164 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Financial Bancorp (FFBC) for Q1 2017, worth a combined $1.29B — down 1.2% from $1.31B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FFBC and 19 opened new positions — a net loss of 2 holders — while 49 trimmed existing stakes and 67 added.
The largest buyer was BlackRock, adding an estimated $213M. The largest seller was Eagle Asset Management, exiting entirely with an estimated $11.9M sold.
- 164 institutional investors held First Financial Bancorp (FFBC) as of Q1 2017, down from 172 in Q4 2016.
- Funds reported $1.29B of First Financial Bancorp stock for Q1 2017, down 1.2% quarter-over-quarter.
- 19 funds opened new First Financial Bancorp positions in Q1 2017 and 21 closed out, a net change of -2 holders.
- The largest First Financial Bancorp buyer in Q1 2017 was BlackRock, an estimated $213M added.
- The largest First Financial Bancorp seller in Q1 2017 was Eagle Asset Management, an estimated $11.9M sold.
Based on aggregated 13F filings for Q1 2017.