First Financial Bankshares
FFIN
130 hedge funds and large institutions have $896M invested in First Financial Bankshares in 2016 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 51 increasing their positions, 37 reducing their positions, and 21 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 37
1% less capital invested
Capital invested by funds: $904M → $896M (-$8.61M)
10% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 21
3% less funds holding
Funds holding: 134 → 130 (-4)
89% less call options, than puts
Call options by funds: $297K | Put options by funds: $2.61M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$29.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$7.01M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.85M |
| 4 |
Renaissance Technologies
New York
|
+$3.01M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$10.6M |
| 2 |
Neuberger Berman Group
New York
|
-$2.98M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.68M |
| 4 |
AC
Alpenglow Capital
San Carlos,
California
|
-$2.1M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$1.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Walleye Trading
New York
| – | +$110 | +8 | New |
|
FFIN Hedge Fund Activity: Q1 2016 in Review
130 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Financial Bankshares (FFIN) for Q1 2016, worth a combined $896M — down 0.95% from $904M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FFIN and 19 opened new positions — a net loss of 2 holders — while 37 trimmed existing stakes and 51 added.
The largest buyer was Kayne Anderson Rudnick Investment Management, opening a new position worth an estimated $29.4M. The largest seller was Handelsbanken Fonder, exiting entirely with an estimated $10.6M sold.
- 130 institutional investors held First Financial Bankshares (FFIN) as of Q1 2016, down from 134 in Q4 2015.
- Funds reported $896M of First Financial Bankshares stock for Q1 2016, down 0.95% quarter-over-quarter.
- 19 funds opened new First Financial Bankshares positions in Q1 2016 and 21 closed out, a net change of -2 holders.
- The largest First Financial Bankshares buyer in Q1 2016 was Kayne Anderson Rudnick Investment Management, an estimated $29.4M added.
- The largest First Financial Bankshares seller in Q1 2016 was Handelsbanken Fonder, an estimated $10.6M sold.
Based on aggregated 13F filings for Q1 2016.