First Horizon
327 hedge funds and large institutions have $4.92B invested in First Horizon in 2018 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 114 increasing their positions, 109 reducing their positions, and 58 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
2.16% more ownership
Funds ownership: 85.86% → 88.03% (+2.2%)
5% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 109
2% less capital invested
Capital invested by funds: $5.01B → $4.92B (-$88.1M)
5% less funds holding
Funds holding: 346 → 327 (-19)
19% less call options, than puts
Call options by funds: $11.7M | Put options by funds: $14.4M
28% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$126M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$47.2M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
+$31.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$31M |
| 5 |
Parnassus Investments
San Francisco,
California
|
+$28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$44.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$30.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$30.5M |
| 4 |
Renaissance Technologies
New York
|
-$27.6M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$26.9M |
FHN Hedge Fund Activity: Q3 2018 in Review
327 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q3 2018, worth a combined $4.92B — down 1.8% from $5.01B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of FHN and 42 opened new positions — a net loss of 16 holders — while 109 trimmed existing stakes and 114 added.
The largest buyer was Fidelity Investments, adding an estimated $126M. The largest seller was Lord, Abbett & Co, cutting an estimated $44.6M.
- 327 institutional investors held First Horizon (FHN) as of Q3 2018, down from 346 in Q2 2018.
- Funds reported $4.92B of First Horizon stock for Q3 2018, down 1.8% quarter-over-quarter.
- 42 funds opened new First Horizon positions in Q3 2018 and 58 closed out, a net change of -16 holders.
- The largest First Horizon buyer in Q3 2018 was Fidelity Investments, an estimated $126M added.
- The largest First Horizon seller in Q3 2018 was Lord, Abbett & Co, an estimated $44.6M sold.
Based on aggregated 13F filings for Q3 2018.