First Hawaiian
223 hedge funds and large institutions have $2B invested in First Hawaiian in 2020 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 83 increasing their positions, 76 reducing their positions, and 34 closing their positions.
35% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 34
5.9% more ownership
Funds ownership: 100.54% → 106.44% (+5.9%)
5% more funds holding
Funds holding: 212 → 223 (+11)
9% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 76
11% less capital invested
Capital invested by funds: $2.25B → $2B (-$244M)
61% less call options, than puts
Call options by funds: $195K | Put options by funds: $494K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$161M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$35.7M |
| 3 |
State Street
Boston,
Massachusetts
|
+$20.6M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$16.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$40.8M |
| 2 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
-$40.6M |
| 3 |
Renaissance Technologies
New York
|
-$14.1M |
| 4 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
-$12.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$11.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CI
251
CX Institutional
Auburn,
Indiana
| – | -$1K | -59 | Closed |
|
|
PFWA
252
Paces Ferry Wealth Advisors
Atlanta,
Georgia
| – | +$411 | +25 | New |
|
|
TFO
253
Tarbox Family Office
Newport Beach,
California
| – | +$444 | +27 | New |
|
254
First Manhattan
New York
| – | +$789 | +48 | New |
|
FHB Hedge Fund Activity: Q3 2020 in Review
223 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Hawaiian (FHB) for Q3 2020, worth a combined $2B — down 11% from $2.25B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new FHB positions and 34 closed out — a net gain of 12 holders — while 83 added to existing stakes and 76 trimmed.
The largest buyer was BlackRock, adding an estimated $161M. The largest seller was Macquarie Group, cutting an estimated $40.8M.
- 223 institutional investors held First Hawaiian (FHB) as of Q3 2020, up from 212 in Q2 2020.
- Funds reported $2B of First Hawaiian stock for Q3 2020, down 11% quarter-over-quarter.
- 46 funds opened new First Hawaiian positions in Q3 2020 and 34 closed out, a net change of +12 holders.
- The largest First Hawaiian buyer in Q3 2020 was BlackRock, an estimated $161M added.
- The largest First Hawaiian seller in Q3 2020 was Macquarie Group, an estimated $40.8M sold.
Based on aggregated 13F filings for Q3 2020.