Federated Hermes
337 hedge funds and large institutions have $2.43B invested in Federated Hermes in 2023 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 100 increasing their positions, 123 reducing their positions, and 44 closing their positions.
50% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 44
6% more funds holding
Funds holding: 317 → 337 (+20)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6.24% less ownership
Funds ownership: 81.95% → 75.71% (-6.2%)
17% less capital invested
Capital invested by funds: $2.94B → $2.43B (-$510M)
19% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 123
37% less call options, than puts
Call options by funds: $863K | Put options by funds: $1.38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.4M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$26.5M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$17.3M |
| 4 |
Millennium Management
New York
|
+$17.2M |
| 5 |
Jane Street
New York
|
+$16.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$146M |
| 2 |
SDWMA
Schneider Downs Wealth Management Advisors
Pittsburgh,
Pennsylvania
|
-$51.1M |
| 3 |
State Street
Boston,
Massachusetts
|
-$48.7M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$27.6M |
| 5 |
ACL
Azora Capital LP
Miami,
Florida
|
-$25.8M |
FHI Hedge Fund Activity: Q2 2023 in Review
337 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Federated Hermes (FHI) for Q2 2023, worth a combined $2.43B — down 17% from $2.94B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new FHI positions and 44 closed out — a net gain of 22 holders — while 100 added to existing stakes and 123 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $52.4M. The largest seller was BlackRock, cutting an estimated $146M.
- 337 institutional investors held Federated Hermes (FHI) as of Q2 2023, up from 317 in Q1 2023.
- Funds reported $2.43B of Federated Hermes stock for Q2 2023, down 17% quarter-over-quarter.
- 66 funds opened new Federated Hermes positions in Q2 2023 and 44 closed out, a net change of +22 holders.
- The largest Federated Hermes buyer in Q2 2023 was Fidelity Investments, an estimated $52.4M added.
- The largest Federated Hermes seller in Q2 2023 was BlackRock, an estimated $146M sold.
Based on aggregated 13F filings for Q2 2023.