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First Financial Bankshares

156 hedge funds and large institutions have $1.47B invested in First Financial Bankshares in 2016 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 52 increasing their positions, 47 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,108% more call options, than puts

Call options by funds: $1.1M | Put options by funds: $91K

300% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 7

98.19% more ownership

Funds ownership: 0%98.19% (+98%)

29% more capital invested

Capital invested by funds: $1.14B → $1.47B (+$330M)

14% more funds holding

Funds holding: 137156 (+19)

11% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 47

Holders
156
Holders Change
+19
Holders Change %
+13.87%
% of All Funds
3.9%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
28
Increased
52
Reduced
47
Closed
7
Calls
$1.1M
Puts
$91K
Net Calls
+$1.01M
Net Calls Change
+$1.01M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$246M +$8.86M +431,700 +4%
BFA
2
BlackRock Fund Advisors
California
$233M +$26.3M +1,281,476 +14%
Neuberger Berman Group
3
Neuberger Berman Group
New York
$184M +$513K +25,002 +0.3%
BIT
4
BlackRock Institutional Trust
California
$77M +$2.58M +125,560 +4%
State Street
5
State Street
Massachusetts
$76M +$5.57M +271,244 +9%
Goldman Sachs
6
Goldman Sachs
New York
$72.5M +$4.65M +226,746 +8%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$41M +$4.99M +243,330 +16%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$37.8M +$151K +7,356 +0.4%
Kayne Anderson Rudnick Investment Management
9
Kayne Anderson Rudnick Investment Management
California
$36.7M -$19.6M -956,292 -37%
Northern Trust
10
Northern Trust
Illinois
$34.9M -$204K -9,960 -0.6%
CIP
11
Champlain Investment Partners
Vermont
$34.9M -$13.1M -636,830 -29%
Norges Bank
12
Norges Bank
Norway
$24.3M
Principal Financial Group
13
Principal Financial Group
Iowa
$23M +$794K +38,682 +4%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$22.5M +$585K +28,520 +3%
Ameriprise
15
Ameriprise
Minnesota
$15.2M +$63.2K +3,078 +0.5%
BIM
16
BlackRock Investment Management
Delaware
$15.2M +$2.41M +117,632 +21%
JP Morgan Chase
17
JP Morgan Chase
New York
$14.5M +$5.97M +290,594 +83%
HW
18
Hancock Whitney
Mississippi
$13.6M -$20.5K -1,000 -0.2%
Charles Schwab
19
Charles Schwab
California
$13.6M +$626K +30,486 +5%
Loomis, Sayles & Company
20
Loomis, Sayles & Company
Massachusetts
$12.6M -$3.24M -158,000 -22%
Invesco
21
Invesco
Georgia
$12.1M +$1.18M +57,268 +12%
Luther King Capital Management (LKCM)
22
Luther King Capital Management (LKCM)
Texas
$11.9M
Wells Fargo
23
Wells Fargo
California
$9.95M -$3.1M -150,824 -26%
Morgan Stanley
24
Morgan Stanley
New York
$9.52M +$7.2M +350,714 +498%
TCIM
25
TIAA CREF Investment Management
New York
$9.45M -$541K -26,344 -6%

FFIN Hedge Fund Activity: Q4 2016 in Review

156 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Financial Bankshares (FFIN) for Q4 2016, worth a combined $1.47B — up 29% from $1.14B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new FFIN positions and 7 closed out — a net gain of 21 holders — while 52 added to existing stakes and 47 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $26.3M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $19.6M.

  • 156 institutional investors held First Financial Bankshares (FFIN) as of Q4 2016, up from 137 in Q3 2016.
  • Funds reported $1.47B of First Financial Bankshares stock for Q4 2016, up 29% quarter-over-quarter.
  • 28 funds opened new First Financial Bankshares positions in Q4 2016 and 7 closed out, a net change of +21 holders.
  • The largest First Financial Bankshares buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $26.3M added.
  • The largest First Financial Bankshares seller in Q4 2016 was Kayne Anderson Rudnick Investment Management, an estimated $19.6M sold.

Based on aggregated 13F filings for Q4 2016.