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First Hawaiian

136 hedge funds and large institutions have $1.48B invested in First Hawaiian in 2017 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 66 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

700% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 6

371% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 14

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

81% more capital invested

Capital invested by funds: $818M → $1.48B (+$666M)

37% more funds holding

Funds holding: 99136 (+37)

18.7% more ownership

Funds ownership: 16.83%35.53% (+19%)

0% more call options, than puts

Call options by funds: $1K | Put options by funds: $1K

Holders
136
Holders Change
+37
Holders Change %
+37.37%
% of All Funds
3.39%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
48
Increased
66
Reduced
14
Closed
6
Calls
$1K
Puts
$1K
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$117M +$74.9M +2,340,324 +149%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$106M +$93.2M +2,911,800 +459%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$95.6M +$32.3M +1,010,633 +46%
JP Morgan Chase
4
JP Morgan Chase
New York
$91.3M +$32.1M +1,004,303 +49%
Neuberger Berman Group
5
Neuberger Berman Group
New York
$87.7M +$63.8M +1,994,659 +213%
Capital Research Global Investors
6
Capital Research Global Investors
California
$66.8M
PIM
7
Perkins Investment Management
Illinois
$64.7M +$24.5M +765,513 +55%
Victory Capital Management
8
Victory Capital Management
Texas
$58.1M +$15.3M +477,092 +33%
CRM
9
Cramer Rosenthal McGlynn
Connecticut
$55.7M +$59.5M +1,860,225 New
Millennium Management
10
Millennium Management
New York
$52.8M +$56.5M +1,765,166 New
SDJVC
11
St. Denis J. Villere & Co
Louisiana
$47.7M +$10.8M +337,496 +27%
Citadel Advisors
12
Citadel Advisors
Florida
$46.4M +$49.3M +1,541,814 +18,523%
BlackRock
13
BlackRock
New York
$46M +$49.2M +1,536,060 +57,230%
Norges Bank
14
Norges Bank
Norway
$36.7M +$39.3M +1,227,802 New
Hotchkis & Wiley Capital Management
15
Hotchkis & Wiley Capital Management
California
$33.1M -$976K -30,490 -3%
CC
16
Carlson Capital
Texas
$32.3M +$34.5M +1,079,600 New
State Street
17
State Street
Massachusetts
$31.3M +$12.7M +397,616 +61%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$30.4M +$16M +500,076 +97%
GL
19
Governors Lane
New York
$26.9M +$419K +13,100 +1%
American Century Companies
20
American Century Companies
Missouri
$26.2M +$8.79M +274,791 +46%
Alyeska Investment Group
21
Alyeska Investment Group
Illinois
$24.5M +$26.2M +818,311 New
Two Sigma Investments
22
Two Sigma Investments
New York
$20.6M +$22M +687,662 New
Fidelity Investments
23
Fidelity Investments
Massachusetts
$16.2M -$23M -717,550 -57%
PAM
24
Panagora Asset Management
Massachusetts
$15.6M +$16.7M +520,826 New
DCM
25
Discovery Capital Management
Connecticut
$13.5M +$14.4M +451,400 New

FHB Hedge Fund Activity: Q1 2017 in Review

136 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Hawaiian (FHB) for Q1 2017, worth a combined $1.48B — up 81% from $818M a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new FHB positions and 6 closed out — a net gain of 42 holders — while 66 added to existing stakes and 14 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $93.2M. The largest seller was Fidelity Investments, cutting an estimated $23M.

  • 136 institutional investors held First Hawaiian (FHB) as of Q1 2017, up from 99 in Q4 2016.
  • Funds reported $1.48B of First Hawaiian stock for Q1 2017, up 81% quarter-over-quarter.
  • 48 funds opened new First Hawaiian positions in Q1 2017 and 6 closed out, a net change of +42 holders.
  • The largest First Hawaiian buyer in Q1 2017 was Wellington Management Group, an estimated $93.2M added.
  • The largest First Hawaiian seller in Q1 2017 was Fidelity Investments, an estimated $23M sold.

Based on aggregated 13F filings for Q1 2017.