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First Financial Bankshares

146 hedge funds and large institutions have $1.34B invested in First Financial Bankshares in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 49 increasing their positions, 52 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

128% more call options, than puts

Call options by funds: $402K | Put options by funds: $176K

2.51% more ownership

Funds ownership: 98.19%100.7% (+2.5%)

6% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 52

6% less funds holding

Funds holding: 156146 (-10)

9% less capital invested

Capital invested by funds: $1.47B → $1.34B (-$131M)

19% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 21

Holders
146
Holders Change
-10
Holders Change %
-6.41%
% of All Funds
3.63%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
17
Increased
49
Reduced
52
Closed
21
Calls
$402K
Puts
$176K
Net Calls
+$226K
Net Calls Change
-$782K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$319M +$339M +15,902,558 +84,123%
Vanguard Group
2
Vanguard Group
Pennsylvania
$231M +$13.3M +621,654 +6%
Neuberger Berman Group
3
Neuberger Berman Group
New York
$163M -$459K -21,496 -0.3%
State Street
4
State Street
Massachusetts
$83.5M +$17.1M +800,592 +24%
Goldman Sachs
5
Goldman Sachs
New York
$60.1M -$4.55M -213,254 -7%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$45.2M +$12.5M +583,544 +35%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$42.2M +$6.29M +294,756 +16%
Kayne Anderson Rudnick Investment Management
8
Kayne Anderson Rudnick Investment Management
California
$33.6M +$1.08M +50,424 +3%
Northern Trust
9
Northern Trust
Illinois
$32.3M +$1.46M +68,456 +4%
CIP
10
Champlain Investment Partners
Vermont
$29.4M -$1.64M -76,700 -5%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$21.2M +$1.37M +64,302 +6%
Principal Financial Group
12
Principal Financial Group
Iowa
$21.2M +$762K +35,712 +4%
Ameriprise
13
Ameriprise
Minnesota
$14.1M +$681K +31,918 +5%
Norges Bank
14
Norges Bank
Norway
$12.7M -$9.36M -438,534 -41%
Charles Schwab
15
Charles Schwab
California
$12.6M +$572K +26,792 +4%
Loomis, Sayles & Company
16
Loomis, Sayles & Company
Massachusetts
$10.9M -$222K -10,382 -2%
Luther King Capital Management (LKCM)
17
Luther King Capital Management (LKCM)
Texas
$10.5M
Invesco
18
Invesco
Georgia
$10.1M -$695K -32,552 -6%
JP Morgan Chase
19
JP Morgan Chase
New York
$9.02M -$4.11M -192,328 -30%
Wells Fargo
20
Wells Fargo
California
$8.66M -$181K -8,460 -2%
New York State Teachers Retirement System (NYSTRS)
21
New York State Teachers Retirement System (NYSTRS)
New York
$8.2M
TCIM
22
TIAA CREF Investment Management
New York
$7.95M -$458K -21,472 -5%
American Century Companies
23
American Century Companies
Missouri
$7.49M -$875K -41,000 -10%
First Trust Advisors
24
First Trust Advisors
Illinois
$7.4M +$843K +39,488 +12%
RhumbLine Advisers
25
RhumbLine Advisers
Massachusetts
$6M +$2.03M +94,908 +46%

FFIN Hedge Fund Activity: Q1 2017 in Review

146 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Financial Bankshares (FFIN) for Q1 2017, worth a combined $1.34B — down 8.9% from $1.47B a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of FFIN and 17 opened new positions — a net loss of 4 holders — while 52 trimmed existing stakes and 49 added.

The largest buyer was BlackRock, adding an estimated $339M. The largest seller was Hancock Whitney, exiting entirely with an estimated $13.6M sold.

  • 146 institutional investors held First Financial Bankshares (FFIN) as of Q1 2017, down from 156 in Q4 2016.
  • Funds reported $1.34B of First Financial Bankshares stock for Q1 2017, down 8.9% quarter-over-quarter.
  • 17 funds opened new First Financial Bankshares positions in Q1 2017 and 21 closed out, a net change of -4 holders.
  • The largest First Financial Bankshares buyer in Q1 2017 was BlackRock, an estimated $339M added.
  • The largest First Financial Bankshares seller in Q1 2017 was Hancock Whitney, an estimated $13.6M sold.

Based on aggregated 13F filings for Q1 2017.