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First Financial Bankshares

119 hedge funds and large institutions have $800M invested in First Financial Bankshares in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 47 increasing their positions, 35 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 35

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

2% more funds holding

Funds holding: 117119 (+2)

13% less capital invested

Capital invested by funds: $922M → $800M (-$123M)

Holders
119
Holders Change
+2
Holders Change %
+1.71%
% of All Funds
3.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
47
Reduced
35
Closed
8
Calls
$206K
Puts
Net Calls
+$206K
Net Calls Change
+$881K
Name Holding Trade Value Shares
Change
Change in
Stake
Neuberger Berman Group
1
Neuberger Berman Group
New York
$128M -$5.9M -396,772 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$109M +$1.82M +122,646 +2%
BFA
3
BlackRock Fund Advisors
California
$92.7M +$598K +40,212 +0.6%
State Street
4
State Street
Massachusetts
$55M -$12.3M -826,110 -17%
BIT
5
BlackRock Institutional Trust
California
$47M -$1.58M -106,636 -3%
Goldman Sachs
6
Goldman Sachs
New York
$44.2M +$1.18M +79,110 +3%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$27.6M -$109K -7,302 -0.4%
Northern Trust
8
Northern Trust
Illinois
$20.7M -$417K -28,054 -2%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$20.7M -$57.2K -3,850 -0.3%
WC
10
Walthausen & Co
New York
$18.9M +$970K +65,240 +5%
CIP
11
Champlain Investment Partners
Vermont
$18.8M +$13.3M +892,820 +194%
Norges Bank
12
Norges Bank
Norway
$16.8M -$18M -1,209,436 -50%
Principal Financial Group
13
Principal Financial Group
Iowa
$11.1M +$482K +32,444 +4%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$10.5M +$136K +9,128 +1%
Loomis, Sayles & Company
15
Loomis, Sayles & Company
Massachusetts
$10.1M -$770K -51,810 -7%
BTW
16
Boston Trust Walden
Massachusetts
$9.48M -$493K -33,164 -5%
HW
17
Hancock Whitney
Mississippi
$8.12M +$859K +57,820 +11%
TCIM
18
TIAA CREF Investment Management
New York
$7.95M +$416K +28,016 +5%
Ameriprise
19
Ameriprise
Minnesota
$7.79M +$706K +47,540 +9%
Luther King Capital Management (LKCM)
20
Luther King Capital Management (LKCM)
Texas
$7.31M
BIM
21
BlackRock Investment Management
Delaware
$6.19M +$91.5K +6,158 +1%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$5.93M +$149K +10,050 +2%
New York State Teachers Retirement System (NYSTRS)
23
New York State Teachers Retirement System (NYSTRS)
New York
$5.7M
Charles Schwab
24
Charles Schwab
California
$4.92M +$277K +18,658 +6%
Invesco
25
Invesco
Georgia
$4.72M -$115K -7,764 -2%

FFIN Hedge Fund Activity: Q3 2014 in Review

119 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in First Financial Bankshares (FFIN) for Q3 2014, worth a combined $800M — down 13% from $922M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FFIN positions and 8 closed out — a net gain of 2 holders — while 47 added to existing stakes and 35 trimmed.

The largest buyer was Champlain Investment Partners, adding an estimated $13.3M. The largest seller was Norges Bank, cutting an estimated $18M.

  • 119 institutional investors held First Financial Bankshares (FFIN) as of Q3 2014, up from 117 in Q2 2014.
  • Funds reported $800M of First Financial Bankshares stock for Q3 2014, down 13% quarter-over-quarter.
  • 10 funds opened new First Financial Bankshares positions in Q3 2014 and 8 closed out, a net change of +2 holders.
  • The largest First Financial Bankshares buyer in Q3 2014 was Champlain Investment Partners, an estimated $13.3M added.
  • The largest First Financial Bankshares seller in Q3 2014 was Norges Bank, an estimated $18M sold.

Based on aggregated 13F filings for Q3 2014.