First Hawaiian
99 hedge funds and large institutions have $818M invested in First Hawaiian in 2016 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 36 increasing their positions, 22 reducing their positions, and 21 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 22
48% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 21
38% more capital invested
Capital invested by funds: $594M → $818M (+$224M)
16.83% more ownership
Funds ownership: 0% → 16.83% (+17%)
11% more funds holding
Funds holding: 89 → 99 (+10)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$20.2M |
| 2 |
JP Morgan Chase
New York
|
+$17.6M |
| 3 |
State Street
Boston,
Massachusetts
|
+$13.2M |
| 4 |
Neuberger Berman Group
New York
|
+$13.1M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GL
Governors Lane
New York
|
-$11M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$10.3M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$9.21M |
| 4 |
BG
BlackRock Group
London,
United Kingdom
|
-$6.98M |
| 5 |
Morgan Stanley
New York
|
-$6.68M |
FHB Hedge Fund Activity: Q4 2016 in Review
99 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in First Hawaiian (FHB) for Q4 2016, worth a combined $818M — up 38% from $594M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FHB positions and 21 closed out — a net gain of 10 holders — while 36 added to existing stakes and 22 trimmed.
The largest buyer was Perkins Investment Management, adding an estimated $20.2M. The largest seller was Governors Lane, cutting an estimated $11M.
- 99 institutional investors held First Hawaiian (FHB) as of Q4 2016, up from 89 in Q3 2016.
- Funds reported $818M of First Hawaiian stock for Q4 2016, up 38% quarter-over-quarter.
- 31 funds opened new First Hawaiian positions in Q4 2016 and 21 closed out, a net change of +10 holders.
- The largest First Hawaiian buyer in Q4 2016 was Perkins Investment Management, an estimated $20.2M added.
- The largest First Hawaiian seller in Q4 2016 was Governors Lane, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2016.