First Horizon
234 hedge funds and large institutions have $2.27B invested in First Horizon in 2014 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 88 increasing their positions, 80 reducing their positions, and 19 closing their positions.
43% more call options, than puts
Call options by funds: $781K | Put options by funds: $545K
11% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 19
10% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 80
1% more funds holding
Funds holding: 232 → 234 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.02% less ownership
Funds ownership: 81.23% → 81.21% (-0.02%)
4% less capital invested
Capital invested by funds: $2.36B → $2.27B (-$83.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
+$30M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$23.1M |
| 3 |
HCM
Huber Capital Management
El Segundo,
California
|
+$15.7M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$15.5M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$32.4M |
| 2 |
Millennium Management
New York
|
-$25.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$20.4M |
| 4 |
DLPIC
Davide Leone & Partners Investment Company
London,
United Kingdom
|
-$17.5M |
| 5 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
-$13M |
FHN Hedge Fund Activity: Q2 2014 in Review
234 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q2 2014, worth a combined $2.27B — down 3.5% from $2.36B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FHN positions and 19 closed out — a net gain of 2 holders — while 88 added to existing stakes and 80 trimmed.
The largest buyer was Parnassus Investments, adding an estimated $30M. The largest seller was Luther King Capital Management (LKCM), exiting entirely with an estimated $32.4M sold.
- 234 institutional investors held First Horizon (FHN) as of Q2 2014, up from 232 in Q1 2014.
- Funds reported $2.27B of First Horizon stock for Q2 2014, down 3.5% quarter-over-quarter.
- 21 funds opened new First Horizon positions in Q2 2014 and 19 closed out, a net change of +2 holders.
- The largest First Horizon buyer in Q2 2014 was Parnassus Investments, an estimated $30M added.
- The largest First Horizon seller in Q2 2014 was Luther King Capital Management (LKCM), an estimated $32.4M sold.
Based on aggregated 13F filings for Q2 2014.