First Hawaiian
229 hedge funds and large institutions have $2.34B invested in First Hawaiian in 2023 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 91 increasing their positions, 78 reducing their positions, and 49 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 78
3.06% more ownership
Funds ownership: 98.88% → 101.94% (+3.1%)
7% less funds holding
Funds holding: 246 → 229 (-17)
10% less capital invested
Capital invested by funds: $2.61B → $2.34B (-$271M)
25% less call options, than puts
Call options by funds: $385K | Put options by funds: $513K
35% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$43.3M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$33.8M |
| 3 |
State Street
Boston,
Massachusetts
|
+$18M |
| 4 |
GC
Gillson Capital
Chicago,
Illinois
|
+$10.5M |
| 5 |
JP Morgan Chase
New York
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$16.7M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$10.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$9.56M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$9.43M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$7.01M |
FHB Hedge Fund Activity: Q2 2023 in Review
229 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Hawaiian (FHB) for Q2 2023, worth a combined $2.34B — down 10% from $2.61B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of FHB and 32 opened new positions — a net loss of 17 holders — while 78 trimmed existing stakes and 91 added.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $43.3M. The largest seller was Northern Trust, cutting an estimated $16.7M.
- 229 institutional investors held First Hawaiian (FHB) as of Q2 2023, down from 246 in Q1 2023.
- Funds reported $2.34B of First Hawaiian stock for Q2 2023, down 10% quarter-over-quarter.
- 32 funds opened new First Hawaiian positions in Q2 2023 and 49 closed out, a net change of -17 holders.
- The largest First Hawaiian buyer in Q2 2023 was Manulife (Manufacturers Life Insurance), an estimated $43.3M added.
- The largest First Hawaiian seller in Q2 2023 was Northern Trust, an estimated $16.7M sold.
Based on aggregated 13F filings for Q2 2023.