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First Financial Bankshares

146 hedge funds and large institutions have $1.34B invested in First Financial Bankshares in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 49 increasing their positions, 52 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

128% more call options, than puts

Call options by funds: $402K | Put options by funds: $176K

2.51% more ownership

Funds ownership: 98.19%100.7% (+2.5%)

6% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 52

6% less funds holding

Funds holding: 156146 (-10)

9% less capital invested

Capital invested by funds: $1.47B → $1.34B (-$131M)

19% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 21

Holders
146
Holders Change
-10
Holders Change %
-6.41%
% of All Funds
3.63%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
17
Increased
49
Reduced
52
Closed
21
Calls
$402K
Puts
$176K
Net Calls
+$226K
Net Calls Change
-$782K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$5.45M -$3.19M -149,462 -35%
California Public Employees Retirement System
27
California Public Employees Retirement System
California
$5.37M -$201K -9,400 -3%
California State Teachers Retirement System (CalSTRS)
28
California State Teachers Retirement System (CalSTRS)
California
$5.04M -$252K -11,800 -4%
TA
29
Teachers Advisors
New York
$5.02M +$138K +6,450 +3%
Legal & General Group
30
Legal & General Group
United Kingdom
$4.63M +$69.8K +3,272 +1%
Prudential Financial
31
Prudential Financial
New Jersey
$4.57M +$29.9K +1,400 +0.6%
Bank of America
32
Bank of America
North Carolina
$4.55M +$2.05M +96,138 +73%
AllianceBernstein
33
AllianceBernstein
Tennessee
$4.4M
UBS AM
34
UBS AM
Illinois
$4.21M +$1.7M +79,846 +61%
EAM
35
EULAV Asset Management
Florida
$4.19M +$645K +30,200 +17%
Canada Life
36
Canada Life
Manitoba, Canada
$3.63M +$237K +11,114 +7%
Swiss National Bank
37
Swiss National Bank
Switzerland
$3.48M
Citadel Advisors
38
Citadel Advisors
Florida
$3.45M -$225K -10,544 -6%
New York State Common Retirement Fund
39
New York State Common Retirement Fund
New York
$3.31M +$43 +2 +0%
Comerica Bank
40
Comerica Bank
Texas
$3M +$125K +5,844 +4%
Natixis Advisors
41
Natixis Advisors
Massachusetts
$2.63M +$1.06M +49,882 +61%
State of Tennessee, Department of Treasury
42
State of Tennessee, Department of Treasury
Tennessee
$2.49M +$399K +18,708 +18%
CS
43
Credit Suisse
Switzerland
$2.42M -$324K -15,158 -11%
Citigroup
44
Citigroup
New York
$2.19M -$2.96M -138,904 -56%
State Board of Administration of Florida Retirement System
45
State Board of Administration of Florida Retirement System
Florida
$2.15M
PPA
46
Parametric Portfolio Associates
Washington
$2.15M +$241K +11,282 +12%
Manulife (Manufacturers Life Insurance)
47
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.99M +$271K +12,698 +15%
TPSF
48
Texas Permanent School Fund
Texas
$1.92M -$13.1K -614 -0.6%
Public Sector Pension Investment Board (PSP Investments)
49
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.92M +$59.8K +2,800 +3%
MLICM
50
Metropolitan Life Insurance Company (MetLife)
New York
$1.76M

FFIN Hedge Fund Activity: Q1 2017 in Review

146 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in First Financial Bankshares (FFIN) for Q1 2017, worth a combined $1.34B — down 8.9% from $1.47B a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of FFIN and 17 opened new positions — a net loss of 4 holders — while 52 trimmed existing stakes and 49 added.

The largest buyer was BlackRock, adding an estimated $339M. The largest seller was Hancock Whitney, exiting entirely with an estimated $13.6M sold.

  • 146 institutional investors held First Financial Bankshares (FFIN) as of Q1 2017, down from 156 in Q4 2016.
  • Funds reported $1.34B of First Financial Bankshares stock for Q1 2017, down 8.9% quarter-over-quarter.
  • 17 funds opened new First Financial Bankshares positions in Q1 2017 and 21 closed out, a net change of -4 holders.
  • The largest First Financial Bankshares buyer in Q1 2017 was BlackRock, an estimated $339M added.
  • The largest First Financial Bankshares seller in Q1 2017 was Hancock Whitney, an estimated $13.6M sold.

Based on aggregated 13F filings for Q1 2017.