First Financial Bankshares
FFIN
121 hedge funds and large institutions have $882M invested in First Financial Bankshares in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 43 increasing their positions, 42 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
8% more capital invested
Capital invested by funds: $819M → $882M (+$63.5M)
5% more funds holding
Funds holding: 115 → 121 (+6)
2% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 42
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $3.11M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$14.8M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$10.7M |
| 3 |
State Street
Boston,
Massachusetts
|
+$8.71M |
| 4 |
Neuberger Berman Group
New York
|
+$7.56M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.9M |
| 2 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$5.81M |
| 3 |
Bank of New York Mellon
New York
|
-$3.25M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$3.07M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$2.84M |
FFIN Hedge Fund Activity: Q3 2013 in Review
121 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Financial Bankshares (FFIN) for Q3 2013, worth a combined $882M — up 7.8% from $819M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FFIN positions and 6 closed out — a net gain of 8 holders — while 43 added to existing stakes and 42 trimmed.
The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $14.8M. The largest seller was Fidelity Investments, cutting an estimated $14.9M.
- 121 institutional investors held First Financial Bankshares (FFIN) as of Q3 2013, up from 115 in Q2 2013.
- Funds reported $882M of First Financial Bankshares stock for Q3 2013, up 7.8% quarter-over-quarter.
- 14 funds opened new First Financial Bankshares positions in Q3 2013 and 6 closed out, a net change of +8 holders.
- The largest First Financial Bankshares buyer in Q3 2013 was Loomis, Sayles & Company, an estimated $14.8M added.
- The largest First Financial Bankshares seller in Q3 2013 was Fidelity Investments, an estimated $14.9M sold.
Based on aggregated 13F filings for Q3 2013.