First Horizon
580 hedge funds and large institutions have $9.7B invested in First Horizon in 2025 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 196 increasing their positions, 188 reducing their positions, and 44 closing their positions.
388% more call options, than puts
Call options by funds: $220M | Put options by funds: $45.1M
70% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 44
5% more funds holding
Funds holding: 555 → 580 (+25)
4% more repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 188
4% more capital invested
Capital invested by funds: $9.31B → $9.7B (+$393M)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
2.04% less ownership
Funds ownership: 86.5% → 84.47% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$120M |
| 2 |
BlackRock
New York
|
+$50M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$48.3M |
| 4 |
Barclays
London,
United Kingdom
|
+$38.8M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$35.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$181M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$99M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$54.5M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$44.7M |
| 5 |
Amundi
Paris,
France
|
-$30.7M |
FHN Hedge Fund Activity: Q3 2025 in Review
580 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q3 2025, worth a combined $9.7B — up 4.2% from $9.31B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new FHN positions and 44 closed out — a net gain of 31 holders — while 196 added to existing stakes and 188 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $120M. The largest seller was Millennium Management, cutting an estimated $181M.
- 580 institutional investors held First Horizon (FHN) as of Q3 2025, up from 555 in Q2 2025.
- Funds reported $9.7B of First Horizon stock for Q3 2025, up 4.2% quarter-over-quarter.
- 75 funds opened new First Horizon positions in Q3 2025 and 44 closed out, a net change of +31 holders.
- The largest First Horizon buyer in Q3 2025 was Citadel Advisors, an estimated $120M added.
- The largest First Horizon seller in Q3 2025 was Millennium Management, an estimated $181M sold.
Based on aggregated 13F filings for Q3 2025.