First Hawaiian
245 hedge funds and large institutions have $2.61B invested in First Hawaiian in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 103 increasing their positions, 84 reducing their positions, and 33 closing their positions.
247% more call options, than puts
Call options by funds: $309K | Put options by funds: $89K
23% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 84
2.21% more ownership
Funds ownership: 96.67% → 98.88% (+2.2%)
3% less funds holding
Funds holding: 252 → 245 (-7)
12% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 33
19% less capital invested
Capital invested by funds: $3.21B → $2.61B (-$602M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$36.3M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$15.9M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$15.7M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$14.1M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$25.6M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$21.3M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$14.9M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$14.8M |
| 5 |
GC
Gillson Capital
Chicago,
Illinois
|
-$14.1M |
FHB Hedge Fund Activity: Q1 2023 in Review
245 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Hawaiian (FHB) for Q1 2023, worth a combined $2.61B — down 19% from $3.21B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of FHB and 29 opened new positions — a net loss of 4 holders — while 84 trimmed existing stakes and 103 added.
The largest buyer was Fuller & Thaler Asset Management, adding an estimated $36.3M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $25.6M.
- 245 institutional investors held First Hawaiian (FHB) as of Q1 2023, down from 252 in Q4 2022.
- Funds reported $2.61B of First Hawaiian stock for Q1 2023, down 19% quarter-over-quarter.
- 29 funds opened new First Hawaiian positions in Q1 2023 and 33 closed out, a net change of -4 holders.
- The largest First Hawaiian buyer in Q1 2023 was Fuller & Thaler Asset Management, an estimated $36.3M added.
- The largest First Hawaiian seller in Q1 2023 was Manulife (Manufacturers Life Insurance), an estimated $25.6M sold.
Based on aggregated 13F filings for Q1 2023.