First Horizon
FHN
583 hedge funds and large institutions have $7.93B invested in First Horizon in 2023 Q1 according to their latest regulatory filings, with 84 funds opening new positions, 209 increasing their positions, 197 reducing their positions, and 109 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 197
0.8% more ownership
Funds ownership: 82.16% → 82.96% (+0.8%)
5% less funds holding
Funds holding: 613 → 583 (-30)
23% less first-time investments, than exits
New positions opened: 84 | Existing positions closed: 109
25% less capital invested
Capital invested by funds: $10.5B → $7.93B (-$2.6B)
27% less funds holding in top 10
Funds holding in top 10: 33 → 24 (-9)
59% less call options, than puts
Call options by funds: $63M | Put options by funds: $152M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LP
LMR Partners
London,
United Kingdom
|
+$77.4M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$72.3M |
| 3 |
State Street
Boston,
Massachusetts
|
+$70.5M |
| 4 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$61M |
| 5 |
MAM
Melqart Asset Management
London,
United Kingdom
|
+$54.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$187M |
| 2 |
Goldman Sachs
New York
|
-$80.2M |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$49.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$49.4M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$48.9M |
FHN Hedge Fund Activity: Q1 2023 in Review
583 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q1 2023, worth a combined $7.93B — down 25% from $10.5B a quarter earlier.
Sellers outnumbered buyers: 109 funds closed out of FHN and 84 opened new positions — a net loss of 25 holders — while 197 trimmed existing stakes and 209 added.
The largest buyer was LMR Partners, adding an estimated $77.4M. The largest seller was Charles Schwab, cutting an estimated $187M.
- 583 institutional investors held First Horizon (FHN) as of Q1 2023, down from 613 in Q4 2022.
- Funds reported $7.93B of First Horizon stock for Q1 2023, down 25% quarter-over-quarter.
- 84 funds opened new First Horizon positions in Q1 2023 and 109 closed out, a net change of -25 holders.
- The largest First Horizon buyer in Q1 2023 was LMR Partners, an estimated $77.4M added.
- The largest First Horizon seller in Q1 2023 was Charles Schwab, an estimated $187M sold.
Based on aggregated 13F filings for Q1 2023.