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First Financial Bankshares

282 hedge funds and large institutions have $2.59B invested in First Financial Bankshares in 2022 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 99 increasing their positions, 86 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 86

3% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 32

0.25% less ownership

Funds ownership: 54.56%54.32% (-0.25%)

1% less funds holding

Funds holding: 284282 (-2)

20% less capital invested

Capital invested by funds: $3.25B → $2.59B (-$660M)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
282
Holders Change
-2
Holders Change %
-0.7%
% of All Funds
4.53%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
33
Increased
99
Reduced
86
Closed
32
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$514M +$7.29M +192,765 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$493M +$10.8M +284,304 +2%
State Street
3
State Street
Massachusetts
$183M +$8.95M +236,623 +5%
Neuberger Berman Group
4
Neuberger Berman Group
New York
$119M -$30.5M -807,116 -19%
Kayne Anderson Rudnick Investment Management
5
Kayne Anderson Rudnick Investment Management
California
$101M -$4M -105,738 -3%
AllianceBernstein
6
AllianceBernstein
Tennessee
$94.7M -$9M -237,787 -8%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$89.1M +$4.41M +116,572 +5%
JP Morgan Chase
8
JP Morgan Chase
New York
$83M -$10.7M -283,859 -11%
Northern Trust
9
Northern Trust
Illinois
$61.2M +$617K +16,310 +0.9%
Charles Schwab
10
Charles Schwab
California
$51.3M +$2.11M +55,897 +4%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$51M +$3.31M +87,553 +6%
Goldman Sachs
12
Goldman Sachs
New York
$47.9M -$307K -8,112 -0.6%
Norges Bank
13
Norges Bank
Norway
$43.7M +$4.58M +120,966 +11%
AAM
14
Ardevora Asset Management
United Kingdom
$38.3M +$2.19M +57,859 +5%
N
15
Nuveen
North Carolina
$29.3M -$1.12M -29,700 -3%
Invesco
16
Invesco
Georgia
$22.4M +$757K +20,010 +3%
Wells Fargo
17
Wells Fargo
California
$22.3M -$1.32M -34,867 -5%
Citadel Advisors
18
Citadel Advisors
Florida
$19.7M +$9.23M +244,069 +75%
Renaissance Technologies
19
Renaissance Technologies
New York
$18.6M +$11.2M +296,926 +121%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$18.2M -$1.58M -41,835 -7%
Millennium Management
21
Millennium Management
New York
$17.6M -$11.4M -300,892 -37%
Principal Financial Group
22
Principal Financial Group
Iowa
$17.6M +$80.5K +2,127 +0.4%
Luther King Capital Management (LKCM)
23
Luther King Capital Management (LKCM)
Texas
$16.6M
Morgan Stanley
24
Morgan Stanley
New York
$16.4M +$2.77M +73,204 +18%
EAM
25
Eagle Asset Management
Florida
$15.8M -$858K -22,675 -5%

FFIN Hedge Fund Activity: Q4 2022 in Review

282 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Financial Bankshares (FFIN) for Q4 2022, worth a combined $2.59B — down 20% from $3.25B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new FFIN positions and 32 closed out — a net gain of 1 holder — while 99 added to existing stakes and 86 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $11.2M. The largest seller was Neuberger Berman Group, cutting an estimated $30.5M.

  • 282 institutional investors held First Financial Bankshares (FFIN) as of Q4 2022, down from 284 in Q3 2022.
  • Funds reported $2.59B of First Financial Bankshares stock for Q4 2022, down 20% quarter-over-quarter.
  • 33 funds opened new First Financial Bankshares positions in Q4 2022 and 32 closed out, a net change of +1 holder.
  • The largest First Financial Bankshares buyer in Q4 2022 was Renaissance Technologies, an estimated $11.2M added.
  • The largest First Financial Bankshares seller in Q4 2022 was Neuberger Berman Group, an estimated $30.5M sold.

Based on aggregated 13F filings for Q4 2022.