First Hawaiian
151 hedge funds and large institutions have $1.42B invested in First Hawaiian in 2018 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 58 increasing their positions, 40 reducing their positions, and 19 closing their positions.
105% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 19
45% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 40
14% more funds holding
Funds holding: 133 → 151 (+18)
0.2% more ownership
Funds ownership: 36.3% → 36.51% (+0.2%)
4% less capital invested
Capital invested by funds: $1.47B → $1.42B (-$56.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$31.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$26.3M |
| 3 |
Morgan Stanley
New York
|
+$16.5M |
| 4 |
M&T Bank
Buffalo,
New York
|
+$15M |
| 5 |
State Street
Boston,
Massachusetts
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$37.1M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$31.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$29.2M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$19.7M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$13.2M |
FHB Hedge Fund Activity: Q1 2018 in Review
151 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First Hawaiian (FHB) for Q1 2018, worth a combined $1.42B — down 3.8% from $1.47B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new FHB positions and 19 closed out — a net gain of 20 holders — while 58 added to existing stakes and 40 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $31.5M. The largest seller was Victory Capital Management, exiting entirely with an estimated $37.1M sold.
- 151 institutional investors held First Hawaiian (FHB) as of Q1 2018, up from 133 in Q4 2017.
- Funds reported $1.42B of First Hawaiian stock for Q1 2018, down 3.8% quarter-over-quarter.
- 39 funds opened new First Hawaiian positions in Q1 2018 and 19 closed out, a net change of +20 holders.
- The largest First Hawaiian buyer in Q1 2018 was DePrince Race & Zollo Inc (DRZ), an estimated $31.5M added.
- The largest First Hawaiian seller in Q1 2018 was Victory Capital Management, an estimated $37.1M sold.
Based on aggregated 13F filings for Q1 2018.