First Hawaiian
319 hedge funds and large institutions have $3.31B invested in First Hawaiian in 2025 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 122 increasing their positions, 107 reducing their positions, and 20 closing their positions.
190% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 20
14% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 107
12% more funds holding
Funds holding: 284 → 319 (+35)
6% more capital invested
Capital invested by funds: $3.12B → $3.31B (+$192M)
5.04% more ownership
Funds ownership: 100.72% → 105.76% (+5%)
83% less call options, than puts
Call options by funds: $3K | Put options by funds: $18K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$37.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$17.9M |
| 3 |
QCM
Quantinno Capital Management
New York
|
+$14.7M |
| 4 |
Goldman Sachs
New York
|
+$13.4M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$48.3M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$36.2M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$24.1M |
| 4 |
JP Morgan Chase
New York
|
-$18M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$11.7M |
FHB Hedge Fund Activity: Q4 2025 in Review
319 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in First Hawaiian (FHB) for Q4 2025, worth a combined $3.31B — up 6.2% from $3.12B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new FHB positions and 20 closed out — a net gain of 38 holders — while 122 added to existing stakes and 107 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $37.7M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $48.3M.
- 319 institutional investors held First Hawaiian (FHB) as of Q4 2025, up from 284 in Q3 2025.
- Funds reported $3.31B of First Hawaiian stock for Q4 2025, up 6.2% quarter-over-quarter.
- 58 funds opened new First Hawaiian positions in Q4 2025 and 20 closed out, a net change of +38 holders.
- The largest First Hawaiian buyer in Q4 2025 was AQR Capital Management, an estimated $37.7M added.
- The largest First Hawaiian seller in Q4 2025 was Manulife (Manufacturers Life Insurance), an estimated $48.3M sold.
Based on aggregated 13F filings for Q4 2025.