First Financial Bankshares
FFIN
235 hedge funds and large institutions have $1.95B invested in First Financial Bankshares in 2020 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 65 increasing their positions, 88 reducing their positions, and 22 closing their positions.
18% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 22
1% more funds holding
Funds holding: 232 → 235 (+3)
0.93% less ownership
Funds ownership: 50.24% → 49.31% (-0.93%)
5% less capital invested
Capital invested by funds: $2.06B → $1.95B (-$110M)
26% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 88
31% less call options, than puts
Call options by funds: $357K | Put options by funds: $521K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$16M |
| 2 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$5.7M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$4.46M |
| 4 |
Man Group
London,
United Kingdom
|
+$3.8M |
| 5 |
RA
Royce & Associates
New York
|
+$3.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$19.8M |
| 2 |
BlackRock
New York
|
-$16M |
| 3 |
State Street
Boston,
Massachusetts
|
-$15M |
| 4 |
Goldman Sachs
New York
|
-$6.98M |
| 5 |
Bank of New York Mellon
New York
|
-$4.42M |
FFIN Hedge Fund Activity: Q3 2020 in Review
235 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in First Financial Bankshares (FFIN) for Q3 2020, worth a combined $1.95B — down 5.3% from $2.06B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FFIN positions and 22 closed out — a net gain of 4 holders — while 65 added to existing stakes and 88 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $16M. The largest seller was Vanguard Group, cutting an estimated $19.8M.
- 235 institutional investors held First Financial Bankshares (FFIN) as of Q3 2020, up from 232 in Q2 2020.
- Funds reported $1.95B of First Financial Bankshares stock for Q3 2020, down 5.3% quarter-over-quarter.
- 26 funds opened new First Financial Bankshares positions in Q3 2020 and 22 closed out, a net change of +4 holders.
- The largest First Financial Bankshares buyer in Q3 2020 was JP Morgan Chase, an estimated $16M added.
- The largest First Financial Bankshares seller in Q3 2020 was Vanguard Group, an estimated $19.8M sold.
Based on aggregated 13F filings for Q3 2020.