First Horizon
381 hedge funds and large institutions have $2.4B invested in First Horizon in 2020 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 141 increasing their positions, 100 reducing their positions, and 68 closing their positions.
180% more call options, than puts
Call options by funds: $2.86M | Put options by funds: $1.02M
41% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 100
10% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 68
7.8% more ownership
Funds ownership: 87.99% → 95.79% (+7.8%)
1% more funds holding
Funds holding: 378 → 381 (+3)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
47% less capital invested
Capital invested by funds: $4.53B → $2.4B (-$2.13B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$137M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$132M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$39M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$35.1M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$34.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$39.5M |
| 2 |
Millennium Management
New York
|
-$30.8M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$26.5M |
| 4 |
BlackRock
New York
|
-$23.2M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$20.5M |
FHN Hedge Fund Activity: Q1 2020 in Review
381 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q1 2020, worth a combined $2.4B — down 47% from $4.53B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new FHN positions and 68 closed out — a net gain of 7 holders — while 141 added to existing stakes and 100 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $137M. The largest seller was Parnassus Investments, cutting an estimated $39.5M.
- 381 institutional investors held First Horizon (FHN) as of Q1 2020, up from 378 in Q4 2019.
- Funds reported $2.4B of First Horizon stock for Q1 2020, down 47% quarter-over-quarter.
- 75 funds opened new First Horizon positions in Q1 2020 and 68 closed out, a net change of +7 holders.
- The largest First Horizon buyer in Q1 2020 was Fidelity Investments, an estimated $137M added.
- The largest First Horizon seller in Q1 2020 was Parnassus Investments, an estimated $39.5M sold.
Based on aggregated 13F filings for Q1 2020.