First Horizon
566 hedge funds and large institutions have $9.97B invested in First Horizon in 2022 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 181 increasing their positions, 203 reducing their positions, and 44 closing their positions.
48% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 44
27% more funds holding in top 10
Funds holding in top 10: 22 → 28 (+6)
7% more capital invested
Capital invested by funds: $9.33B → $9.97B (+$643M)
2% more funds holding
Funds holding: 553 → 566 (+13)
1.73% less ownership
Funds ownership: 83.29% → 81.56% (-1.7%)
11% less repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 203
49% less call options, than puts
Call options by funds: $23.6M | Put options by funds: $46.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGCM
Sand Grove Capital Management
London,
United Kingdom
|
+$80.8M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
+$75.5M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
+$45.9M |
| 4 |
Millennium Management
New York
|
+$42.3M |
| 5 |
Jane Street
New York
|
+$40.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$86.6M |
| 2 |
SCM
Segantii Capital Management
Hong Kong
|
-$79.9M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$76.1M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$67.7M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$51.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAL
601
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$51K | -2,355 | Closed |
|
|
RTC
602
Riverview Trust Company
Vancouver,
Washington
| – | -$26K | -1,173 | Closed |
|
|
SC
603
SouthState Corp
Winter Haven,
Florida
| – | -$20K | -920 | Closed |
|
|
PFGIA
604
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$17K | -790 | Closed |
|
|
CWP
605
Concord Wealth Partners
Abingdon,
Virginia
| – | -$15K | -704 | Closed |
|
606
Jones Financial Companies
Des Peres,
Missouri
| – | -$8K | -385 | Closed |
|
607
Twin Tree Management
Dallas,
Texas
| – | -$4K | -193 | Closed |
|
|
TIM
608
Tevis Investment Management
Plano,
Texas
| – | -$4K | -180 | Closed |
|
|
WBC
609
West Branch Capital
Amherst,
Massachusetts
| – | -$3K | -138 | Closed |
|
|
HGERS
610
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| – | +$91 | +4 | New |
|
FHN Hedge Fund Activity: Q3 2022 in Review
566 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q3 2022, worth a combined $9.97B — up 6.9% from $9.33B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new FHN positions and 44 closed out — a net gain of 21 holders — while 181 added to existing stakes and 203 trimmed.
The largest buyer was Sand Grove Capital Management, opening a new position worth an estimated $80.8M. The largest seller was Fidelity Investments, cutting an estimated $86.6M.
- 566 institutional investors held First Horizon (FHN) as of Q3 2022, up from 553 in Q2 2022.
- Funds reported $9.97B of First Horizon stock for Q3 2022, up 6.9% quarter-over-quarter.
- 65 funds opened new First Horizon positions in Q3 2022 and 44 closed out, a net change of +21 holders.
- The largest First Horizon buyer in Q3 2022 was Sand Grove Capital Management, an estimated $80.8M added.
- The largest First Horizon seller in Q3 2022 was Fidelity Investments, an estimated $86.6M sold.
Based on aggregated 13F filings for Q3 2022.