First Financial Bankshares
FFIN
217 hedge funds and large institutions have $1.92B invested in First Financial Bankshares in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 77 increasing their positions, 70 reducing their positions, and 42 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 70
2.35% less ownership
Funds ownership: 52.5% → 50.15% (-2.4%)
9% less funds holding
Funds holding: 239 → 217 (-22)
23% less capital invested
Capital invested by funds: $2.49B → $1.92B (-$575M)
48% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 42
81% less call options, than puts
Call options by funds: $518K | Put options by funds: $2.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$17.4M |
| 2 |
Goldman Sachs
New York
|
+$9.17M |
| 3 |
Millennium Management
New York
|
+$8.17M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$6.98M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Axiom Investors
Greenwich,
Connecticut
|
-$14.5M |
| 2 |
BlackRock
New York
|
-$12.9M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$7.48M |
| 4 |
Morgan Stanley
New York
|
-$5.81M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$5.5M |
FFIN Hedge Fund Activity: Q1 2020 in Review
217 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Financial Bankshares (FFIN) for Q1 2020, worth a combined $1.92B — down 23% from $2.49B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of FFIN and 22 opened new positions — a net loss of 20 holders — while 70 trimmed existing stakes and 77 added.
The largest buyer was Invesco, adding an estimated $17.4M. The largest seller was Axiom Investors, cutting an estimated $14.5M.
- 217 institutional investors held First Financial Bankshares (FFIN) as of Q1 2020, down from 239 in Q4 2019.
- Funds reported $1.92B of First Financial Bankshares stock for Q1 2020, down 23% quarter-over-quarter.
- 22 funds opened new First Financial Bankshares positions in Q1 2020 and 42 closed out, a net change of -20 holders.
- The largest First Financial Bankshares buyer in Q1 2020 was Invesco, an estimated $17.4M added.
- The largest First Financial Bankshares seller in Q1 2020 was Axiom Investors, an estimated $14.5M sold.
Based on aggregated 13F filings for Q1 2020.