First Hawaiian
233 hedge funds and large institutions have $3.45B invested in First Hawaiian in 2019 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 121 increasing their positions, 44 reducing their positions, and 16 closing their positions.
250% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 16
175% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 44
40% more capital invested
Capital invested by funds: $2.47B → $3.45B (+$984M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
20% more funds holding
Funds holding: 194 → 233 (+39)
17.07% more ownership
Funds ownership: 81.27% → 98.34% (+17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$108M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$61.2M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$31.9M |
| 4 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$31.5M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$30.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$33.9M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$26.4M |
| 3 |
ECM
Element Capital Management
New York
|
-$15.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$6.63M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$4.84M |
FHB Hedge Fund Activity: Q1 2019 in Review
233 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in First Hawaiian (FHB) for Q1 2019, worth a combined $3.45B — up 40% from $2.47B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new FHB positions and 16 closed out — a net gain of 40 holders — while 121 added to existing stakes and 44 trimmed.
The largest buyer was AJO LP, opening a new position worth an estimated $108M. The largest seller was State Street, cutting an estimated $33.9M.
- 233 institutional investors held First Hawaiian (FHB) as of Q1 2019, up from 194 in Q4 2018.
- Funds reported $3.45B of First Hawaiian stock for Q1 2019, up 40% quarter-over-quarter.
- 56 funds opened new First Hawaiian positions in Q1 2019 and 16 closed out, a net change of +40 holders.
- The largest First Hawaiian buyer in Q1 2019 was AJO LP, an estimated $108M added.
- The largest First Hawaiian seller in Q1 2019 was State Street, an estimated $33.9M sold.
Based on aggregated 13F filings for Q1 2019.