First Financial Bankshares
FFIN
272 hedge funds and large institutions have $1.98B invested in First Financial Bankshares in 2023 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 87 increasing their positions, 107 reducing their positions, and 24 closing their positions.
71% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 24
5% more funds holding
Funds holding: 260 → 272 (+12)
0.05% more ownership
Funds ownership: 55.12% → 55.18% (+0.05%)
11% less capital invested
Capital invested by funds: $2.24B → $1.98B (-$257M)
19% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 107
86% less call options, than puts
Call options by funds: $203K | Put options by funds: $1.49M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$10.9M |
| 2 |
Millennium Management
New York
|
+$10.9M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$9.27M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$6.67M |
| 5 |
Morgan Stanley
New York
|
+$5.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
-$28.7M |
| 2 |
State Street
Boston,
Massachusetts
|
-$18M |
| 3 |
Man Group
London,
United Kingdom
|
-$6.09M |
| 4 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$3.73M |
| 5 |
BlackRock
New York
|
-$3.71M |
FFIN Hedge Fund Activity: Q3 2023 in Review
272 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Financial Bankshares (FFIN) for Q3 2023, worth a combined $1.98B — down 11% from $2.24B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new FFIN positions and 24 closed out — a net gain of 17 holders — while 87 added to existing stakes and 107 trimmed.
The largest buyer was Cubist Systematic Strategies, opening a new position worth an estimated $10.9M. The largest seller was Ardevora Asset Management, cutting an estimated $28.7M.
- 272 institutional investors held First Financial Bankshares (FFIN) as of Q3 2023, up from 260 in Q2 2023.
- Funds reported $1.98B of First Financial Bankshares stock for Q3 2023, down 11% quarter-over-quarter.
- 41 funds opened new First Financial Bankshares positions in Q3 2023 and 24 closed out, a net change of +17 holders.
- The largest First Financial Bankshares buyer in Q3 2023 was Cubist Systematic Strategies, an estimated $10.9M added.
- The largest First Financial Bankshares seller in Q3 2023 was Ardevora Asset Management, an estimated $28.7M sold.
Based on aggregated 13F filings for Q3 2023.