First Financial Bankshares
FFIN
239 hedge funds and large institutions have $2.49B invested in First Financial Bankshares in 2019 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 70 increasing their positions, 77 reducing their positions, and 26 closing their positions.
65% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 26
3% more funds holding
Funds holding: 231 → 239 (+8)
5% more capital invested
Capital invested by funds: $2.37B → $2.49B (+$118M)
0.11% more ownership
Funds ownership: 52.39% → 52.5% (+0.11%)
9% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 77
75% less call options, than puts
Call options by funds: $621K | Put options by funds: $2.45M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$19.1M |
| 2 |
RI
Redwood Investments
Boston,
Massachusetts
|
+$16.1M |
| 3 |
Morgan Stanley
New York
|
+$7.47M |
| 4 |
JP Morgan Chase
New York
|
+$5.39M |
| 5 |
LCG
Lisanti Capital Growth
New York
|
+$5.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$18.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.91M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
-$6.48M |
| 4 |
Neuberger Berman Group
New York
|
-$6.07M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SI
251
Stephens Inc
Little Rock,
Arkansas
| – | -$314K | -9,434 | Closed |
|
252
William Blair & Company
Chicago,
Illinois
| – | -$292K | -8,770 | Closed |
|
|
OAM
253
Oxford Asset Management
Oxford,
United Kingdom
| – | -$279K | -8,364 | Closed |
|
|
EMG
254
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$247K | -7,400 | Closed |
|
|
BAM
255
Blueshift Asset Management
Red Bank,
New Jersey
| – | -$219K | -6,567 | Closed |
|
|
WAM
256
World Asset Management
Detroit,
Michigan
| – | -$209K | -6,256 | Closed |
|
|
FL
257
Fort LP
Chevy Chase,
Maryland
| – | -$34K | -1,025 | Closed |
|
|
PCM
258
Prelude Capital Management
New York
| – | -$34K | -1,014 | Closed |
|
|
TRCT
259
Tower Research Capital (TRC)
New York
| – | -$26K | -784 | Closed |
|
|
PI
260
PineBridge Investments
New York
| – | -$22K | -663 | Closed |
|
|
MIFH
261
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
| – | -$19K | -580 | Closed |
|
|
FIA
262
FNY Investment Advisers
New York
| – | -$14K | -430 | Closed |
|
|
NFG
263
Next Financial Group
Houston,
Texas
| – | -$6K | -182 | Closed |
|
FFIN Hedge Fund Activity: Q4 2019 in Review
239 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Financial Bankshares (FFIN) for Q4 2019, worth a combined $2.49B — up 5% from $2.37B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new FFIN positions and 26 closed out — a net gain of 17 holders — while 70 added to existing stakes and 77 trimmed.
The largest buyer was Axiom Investors, opening a new position worth an estimated $19.1M. The largest seller was Goldman Sachs, cutting an estimated $18.9M.
- 239 institutional investors held First Financial Bankshares (FFIN) as of Q4 2019, up from 231 in Q3 2019.
- Funds reported $2.49B of First Financial Bankshares stock for Q4 2019, up 5% quarter-over-quarter.
- 43 funds opened new First Financial Bankshares positions in Q4 2019 and 26 closed out, a net change of +17 holders.
- The largest First Financial Bankshares buyer in Q4 2019 was Axiom Investors, an estimated $19.1M added.
- The largest First Financial Bankshares seller in Q4 2019 was Goldman Sachs, an estimated $18.9M sold.
Based on aggregated 13F filings for Q4 2019.