First Financial Bankshares
FFIN
218 hedge funds and large institutions have $2.04B invested in First Financial Bankshares in 2019 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 81 increasing their positions, 61 reducing their positions, and 21 closing their positions.
76% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 21
33% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 61
8% more funds holding
Funds holding: 202 → 218 (+16)
5% less capital invested
Capital invested by funds: $2.15B → $2.04B (-$110M)
5.91% less ownership
Funds ownership: 109.94% → 104.04% (-5.9%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
81% less call options, than puts
Call options by funds: $565K | Put options by funds: $2.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$18.2M |
| 2 |
State Street
Boston,
Massachusetts
|
+$17M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$12.2M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$11.1M |
| 5 |
JP Morgan Chase
New York
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$127M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$34.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$24.6M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$15.7M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$12M |
FFIN Hedge Fund Activity: Q1 2019 in Review
218 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in First Financial Bankshares (FFIN) for Q1 2019, worth a combined $2.04B — down 5.1% from $2.15B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new FFIN positions and 21 closed out — a net gain of 16 holders — while 81 added to existing stakes and 61 trimmed.
The largest buyer was Norges Bank, adding an estimated $18.2M. The largest seller was BlackRock, cutting an estimated $127M.
- 218 institutional investors held First Financial Bankshares (FFIN) as of Q1 2019, up from 202 in Q4 2018.
- Funds reported $2.04B of First Financial Bankshares stock for Q1 2019, down 5.1% quarter-over-quarter.
- 37 funds opened new First Financial Bankshares positions in Q1 2019 and 21 closed out, a net change of +16 holders.
- The largest First Financial Bankshares buyer in Q1 2019 was Norges Bank, an estimated $18.2M added.
- The largest First Financial Bankshares seller in Q1 2019 was BlackRock, an estimated $127M sold.
Based on aggregated 13F filings for Q1 2019.