Federated Hermes
FHI
293 hedge funds and large institutions have $2B invested in Federated Hermes in 2018 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 116 increasing their positions, 107 reducing their positions, and 73 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 107
1.49% less ownership
Funds ownership: 86.2% → 84.71% (-1.5%)
12% less funds holding
Funds holding: 333 → 293 (-40)
31% less capital invested
Capital invested by funds: $2.9B → $2B (-$896M)
48% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 73
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
57% less call options, than puts
Call options by funds: $2.25M | Put options by funds: $5.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$28.5M |
| 2 |
JP Morgan Chase
New York
|
+$27.6M |
| 3 |
BlackRock
New York
|
+$27.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$23.8M |
| 5 |
Goldman Sachs
New York
|
+$23.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$70.1M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$47.4M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$29.8M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$26.4M |
| 5 |
BA
Boston Advisors
Boston,
Massachusetts
|
-$19.7M |
FHI Hedge Fund Activity: Q2 2018 in Review
293 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Federated Hermes (FHI) for Q2 2018, worth a combined $2B — down 31% from $2.9B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of FHI and 38 opened new positions — a net loss of 35 holders — while 107 trimmed existing stakes and 116 added.
The largest buyer was AQR Capital Management, adding an estimated $28.5M. The largest seller was Fidelity Investments, cutting an estimated $70.1M.
- 293 institutional investors held Federated Hermes (FHI) as of Q2 2018, down from 333 in Q1 2018.
- Funds reported $2B of Federated Hermes stock for Q2 2018, down 31% quarter-over-quarter.
- 38 funds opened new Federated Hermes positions in Q2 2018 and 73 closed out, a net change of -35 holders.
- The largest Federated Hermes buyer in Q2 2018 was AQR Capital Management, an estimated $28.5M added.
- The largest Federated Hermes seller in Q2 2018 was Fidelity Investments, an estimated $70.1M sold.
Based on aggregated 13F filings for Q2 2018.