First Financial Bankshares
FFIN
272 hedge funds and large institutions have $2.47B invested in First Financial Bankshares in 2023 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 102 increasing their positions, 89 reducing their positions, and 41 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 89
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more ownership
Funds ownership: 54.32% → 54.32% (+0%)
5% less capital invested
Capital invested by funds: $2.59B → $2.47B (-$128M)
4% less funds holding
Funds holding: 282 → 272 (-10)
15% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 41
87% less call options, than puts
Call options by funds: $271K | Put options by funds: $2.02M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$47.7M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$39.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$20.6M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$19.9M |
| 5 |
NIG
NFJ Investment Group
Dallas,
Texas
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$85.1M |
| 2 |
JP Morgan Chase
New York
|
-$40.9M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$15.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$15.8M |
| 5 |
Renaissance Technologies
New York
|
-$10.4M |
FFIN Hedge Fund Activity: Q1 2023 in Review
272 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Financial Bankshares (FFIN) for Q1 2023, worth a combined $2.47B — down 4.9% from $2.59B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of FFIN and 35 opened new positions — a net loss of 6 holders — while 89 trimmed existing stakes and 102 added.
The largest buyer was Champlain Investment Partners, opening a new position worth an estimated $47.7M. The largest seller was AllianceBernstein, cutting an estimated $85.1M.
- 272 institutional investors held First Financial Bankshares (FFIN) as of Q1 2023, down from 282 in Q4 2022.
- Funds reported $2.47B of First Financial Bankshares stock for Q1 2023, down 4.9% quarter-over-quarter.
- 35 funds opened new First Financial Bankshares positions in Q1 2023 and 41 closed out, a net change of -6 holders.
- The largest First Financial Bankshares buyer in Q1 2023 was Champlain Investment Partners, an estimated $47.7M added.
- The largest First Financial Bankshares seller in Q1 2023 was AllianceBernstein, an estimated $85.1M sold.
Based on aggregated 13F filings for Q1 2023.