First Horizon
545 hedge funds and large institutions have $6.42B invested in First Horizon in 2023 Q4 according to their latest regulatory filings, with 99 funds opening new positions, 167 increasing their positions, 200 reducing their positions, and 102 closing their positions.
104% more call options, than puts
Call options by funds: $21.4M | Put options by funds: $10.5M
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
31% more capital invested
Capital invested by funds: $4.89B → $6.42B (+$1.53B)
1.68% more ownership
Funds ownership: 79.46% → 81.14% (+1.7%)
3% less first-time investments, than exits
New positions opened: 99 | Existing positions closed: 102
1% less funds holding
Funds holding: 553 → 545 (-8)
17% less repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 200
Top Buyers
| 1 |
Citadel Advisors
Miami,
Florida
|
+$118M |
| 2 |
Millennium Management
New York
|
+$112M |
| 3 |
Morgan Stanley
New York
|
+$93.3M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$63.3M |
| 5 |
JCM
Junto Capital Management
New York
|
+$44.8M |
Top Sellers
| 1 |
BlackRock
New York
|
-$206M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$64.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$54.5M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$36.2M |
| 5 |
Two Sigma Investments
New York
|
-$25.2M |
FHN Hedge Fund Activity: Q4 2023 in Review
545 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q4 2023, worth a combined $6.42B — up 31% from $4.89B a quarter earlier.
Sellers outnumbered buyers: 102 funds closed out of FHN and 99 opened new positions — a net loss of 3 holders — while 200 trimmed existing stakes and 167 added.
The largest buyer was Citadel Advisors, adding an estimated $118M. The largest seller was BlackRock, cutting an estimated $206M.
- 545 institutional investors held First Horizon (FHN) as of Q4 2023, down from 553 in Q3 2023.
- Funds reported $6.42B of First Horizon stock for Q4 2023, up 31% quarter-over-quarter.
- 99 funds opened new First Horizon positions in Q4 2023 and 102 closed out, a net change of -3 holders.
- The largest First Horizon buyer in Q4 2023 was Citadel Advisors, an estimated $118M added.
- The largest First Horizon seller in Q4 2023 was BlackRock, an estimated $206M sold.
Based on aggregated 13F filings for Q4 2023.