First Horizon
241 hedge funds and large institutions have $2.13B invested in First Horizon in 2013 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 85 increasing their positions, 82 reducing their positions, and 30 closing their positions.
118% more call options, than puts
Call options by funds: $1.78M | Put options by funds: $817K
23% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 30
2% more funds holding
Funds holding: 237 → 241 (+4)
4% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 82
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.36% less ownership
Funds ownership: 84.29% → 80.93% (-3.4%)
6% less capital invested
Capital invested by funds: $2.28B → $2.13B (-$147M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$40.6M |
| 2 |
JP Morgan Chase
New York
|
+$22M |
| 3 |
BCM
Basswood Capital Management
New York
|
+$18.5M |
| 4 |
SC
Samlyn Capital
New York
|
+$13.4M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$111M |
| 2 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$19.6M |
| 3 |
Goldman Sachs
New York
|
-$18.5M |
| 4 |
RIM
RS Investment Management
San Francisco,
California
|
-$14.9M |
| 5 |
Parnassus Investments
San Francisco,
California
|
-$14.7M |
FHN Hedge Fund Activity: Q3 2013 in Review
241 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q3 2013, worth a combined $2.13B — down 6.5% from $2.28B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new FHN positions and 30 closed out — a net gain of 7 holders — while 85 added to existing stakes and 82 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $40.6M. The largest seller was Fidelity Investments, cutting an estimated $111M.
- 241 institutional investors held First Horizon (FHN) as of Q3 2013, up from 237 in Q2 2013.
- Funds reported $2.13B of First Horizon stock for Q3 2013, down 6.5% quarter-over-quarter.
- 37 funds opened new First Horizon positions in Q3 2013 and 30 closed out, a net change of +7 holders.
- The largest First Horizon buyer in Q3 2013 was Allianz Asset Management, an estimated $40.6M added.
- The largest First Horizon seller in Q3 2013 was Fidelity Investments, an estimated $111M sold.
Based on aggregated 13F filings for Q3 2013.