First Horizon
230 hedge funds and large institutions have $2.21B invested in First Horizon in 2013 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 62 increasing their positions, 105 reducing their positions, and 34 closing their positions.
356% more call options, than puts
Call options by funds: $1.51M | Put options by funds: $331K
4% more capital invested
Capital invested by funds: $2.13B → $2.21B (+$75.9M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.48% less ownership
Funds ownership: 80.93% → 80.45% (-0.48%)
5% less funds holding
Funds holding: 241 → 230 (-11)
32% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 34
41% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$27.1M |
| 2 |
Millennium Management
New York
|
+$26.5M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
+$19.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$10.9M |
| 5 |
DCM
Decade Capital Management
New York
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$27.1M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$24.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.6M |
| 4 |
BCM
Basswood Capital Management
New York
|
-$17.6M |
| 5 |
SC
Samlyn Capital
New York
|
-$15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFBTD
251
MB Financial Bank - Trust Department
Rosemont,
Illinois
| – | -$18K | -1,602 | Closed |
|
252
Jones Financial Companies
Des Peres,
Missouri
| – | -$6K | -572 | Closed |
|
|
RIA
253
Regal Investment Advisors
Kentwood,
Michigan
| – | -$5K | -430 | Closed |
|
|
PCM
254
Prelude Capital Management
New York
| – | -$2K | -200 | Closed |
|
|
PAM
255
Paradigm Asset Management
New York
| – | -$11 | -1 | Closed |
|
|
OSAM
256
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | +$11 | +1 | New |
|
|
KCPG
257
Kavar Capital Partners Group
Leawood,
Kansas
| – | +$492 | +44 | New |
|
FHN Hedge Fund Activity: Q4 2013 in Review
230 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q4 2013, worth a combined $2.21B — up 3.6% from $2.13B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of FHN and 23 opened new positions — a net loss of 11 holders — while 105 trimmed existing stakes and 62 added.
The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $27.1M. The largest seller was Parnassus Investments, cutting an estimated $27.1M.
- 230 institutional investors held First Horizon (FHN) as of Q4 2013, down from 241 in Q3 2013.
- Funds reported $2.21B of First Horizon stock for Q4 2013, up 3.6% quarter-over-quarter.
- 23 funds opened new First Horizon positions in Q4 2013 and 34 closed out, a net change of -11 holders.
- The largest First Horizon buyer in Q4 2013 was Hotchkis & Wiley Capital Management, an estimated $27.1M added.
- The largest First Horizon seller in Q4 2013 was Parnassus Investments, an estimated $27.1M sold.
Based on aggregated 13F filings for Q4 2013.