Federated Hermes
308 hedge funds and large institutions have $2.24B invested in Federated Hermes in 2023 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 112 increasing their positions, 115 reducing their positions, and 62 closing their positions.
128% more call options, than puts
Call options by funds: $2.99M | Put options by funds: $1.31M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
0.9% less ownership
Funds ownership: 75.71% → 74.81% (-0.9%)
3% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 115
8% less capital invested
Capital invested by funds: $2.43B → $2.24B (-$188M)
9% less funds holding
Funds holding: 337 → 308 (-29)
44% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$28.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.4M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$18.4M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$17.9M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$18.4M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$16.3M |
| 3 |
Jane Street
New York
|
-$16.2M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$15.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$13M |
FHI Hedge Fund Activity: Q3 2023 in Review
308 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Federated Hermes (FHI) for Q3 2023, worth a combined $2.24B — down 7.7% from $2.43B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of FHI and 35 opened new positions — a net loss of 27 holders — while 115 trimmed existing stakes and 112 added.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $28.5M. The largest seller was Cubist Systematic Strategies, cutting an estimated $18.4M.
- 308 institutional investors held Federated Hermes (FHI) as of Q3 2023, down from 337 in Q2 2023.
- Funds reported $2.24B of Federated Hermes stock for Q3 2023, down 7.7% quarter-over-quarter.
- 35 funds opened new Federated Hermes positions in Q3 2023 and 62 closed out, a net change of -27 holders.
- The largest Federated Hermes buyer in Q3 2023 was Balyasny Asset Management, an estimated $28.5M added.
- The largest Federated Hermes seller in Q3 2023 was Cubist Systematic Strategies, an estimated $18.4M sold.
Based on aggregated 13F filings for Q3 2023.