First Horizon
274 hedge funds and large institutions have $3.93B invested in First Horizon in 2016 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 91 increasing their positions, 97 reducing their positions, and 22 closing their positions.
461% more call options, than puts
Call options by funds: $2.25M | Put options by funds: $400K
123% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 22
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
36% more capital invested
Capital invested by funds: $2.88B → $3.93B (+$1.05B)
9% more funds holding
Funds holding: 251 → 274 (+23)
2.44% more ownership
Funds ownership: 81.9% → 84.34% (+2.4%)
6% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 97
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$58.9M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$38.8M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$27.7M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$18.9M |
| 5 |
JP Morgan Chase
New York
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$46.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$24.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$24.1M |
| 4 |
SGAM
Smith Group Asset Management
Dallas,
Texas
|
-$17.9M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$16.2M |
FHN Hedge Fund Activity: Q4 2016 in Review
274 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q4 2016, worth a combined $3.93B — up 36% from $2.88B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new FHN positions and 22 closed out — a net gain of 27 holders — while 91 added to existing stakes and 97 trimmed.
The largest buyer was Franklin Resources, adding an estimated $58.9M. The largest seller was Millennium Management, cutting an estimated $46.6M.
- 274 institutional investors held First Horizon (FHN) as of Q4 2016, up from 251 in Q3 2016.
- Funds reported $3.93B of First Horizon stock for Q4 2016, up 36% quarter-over-quarter.
- 49 funds opened new First Horizon positions in Q4 2016 and 22 closed out, a net change of +27 holders.
- The largest First Horizon buyer in Q4 2016 was Franklin Resources, an estimated $58.9M added.
- The largest First Horizon seller in Q4 2016 was Millennium Management, an estimated $46.6M sold.
Based on aggregated 13F filings for Q4 2016.