First Financial Bankshares
FFIN
260 hedge funds and large institutions have $2.24B invested in First Financial Bankshares in 2023 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 101 increasing their positions, 87 reducing their positions, and 34 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 87
0.81% more ownership
Funds ownership: 54.32% → 55.12% (+0.81%)
4% less funds holding
Funds holding: 272 → 260 (-12)
9% less capital invested
Capital invested by funds: $2.47B → $2.24B (-$227M)
29% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 34
91% less call options, than puts
Call options by funds: $219K | Put options by funds: $2.52M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$18.4M |
| 2 |
State Street
Boston,
Massachusetts
|
+$13.3M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$10.9M |
| 4 |
BlackRock
New York
|
+$9.65M |
| 5 |
Two Sigma Advisers
New York
|
+$7.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$11.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$10.4M |
| 3 |
Millennium Management
New York
|
-$8.33M |
| 4 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$7.71M |
| 5 |
Jane Street
New York
|
-$6.57M |
FFIN Hedge Fund Activity: Q2 2023 in Review
260 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Financial Bankshares (FFIN) for Q2 2023, worth a combined $2.24B — down 9.2% from $2.47B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of FFIN and 24 opened new positions — a net loss of 10 holders — while 87 trimmed existing stakes and 101 added.
The largest buyer was Champlain Investment Partners, adding an estimated $18.4M. The largest seller was Neuberger Berman Group, cutting an estimated $11.4M.
- 260 institutional investors held First Financial Bankshares (FFIN) as of Q2 2023, down from 272 in Q1 2023.
- Funds reported $2.24B of First Financial Bankshares stock for Q2 2023, down 9.2% quarter-over-quarter.
- 24 funds opened new First Financial Bankshares positions in Q2 2023 and 34 closed out, a net change of -10 holders.
- The largest First Financial Bankshares buyer in Q2 2023 was Champlain Investment Partners, an estimated $18.4M added.
- The largest First Financial Bankshares seller in Q2 2023 was Neuberger Berman Group, an estimated $11.4M sold.
Based on aggregated 13F filings for Q2 2023.