First Horizon
273 hedge funds and large institutions have $3.68B invested in First Horizon in 2017 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 107 increasing their positions, 78 reducing their positions, and 37 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 78
19% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 37
0.8% more ownership
Funds ownership: 84.34% → 85.14% (+0.8%)
0% less funds holding
Funds holding: 274 → 273 (-1)
6% less capital invested
Capital invested by funds: $3.93B → $3.68B (-$250M)
33% less call options, than puts
Call options by funds: $2.75M | Put options by funds: $4.11M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$412M |
| 2 |
State Street
Boston,
Massachusetts
|
+$46.3M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$30.7M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$26.7M |
| 5 |
Parnassus Investments
San Francisco,
California
|
+$24.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$77.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$59.1M |
| 3 |
Millennium Management
New York
|
-$45.8M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$38.7M |
| 5 |
HCM
Huber Capital Management
El Segundo,
California
|
-$31.4M |
FHN Hedge Fund Activity: Q1 2017 in Review
273 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q1 2017, worth a combined $3.68B — down 6.4% from $3.93B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new FHN positions and 37 closed out — a net gain of 7 holders — while 107 added to existing stakes and 78 trimmed.
The largest buyer was BlackRock, adding an estimated $412M. The largest seller was T. Rowe Price Associates, cutting an estimated $77.7M.
- 273 institutional investors held First Horizon (FHN) as of Q1 2017, down from 274 in Q4 2016.
- Funds reported $3.68B of First Horizon stock for Q1 2017, down 6.4% quarter-over-quarter.
- 44 funds opened new First Horizon positions in Q1 2017 and 37 closed out, a net change of +7 holders.
- The largest First Horizon buyer in Q1 2017 was BlackRock, an estimated $412M added.
- The largest First Horizon seller in Q1 2017 was T. Rowe Price Associates, an estimated $77.7M sold.
Based on aggregated 13F filings for Q1 2017.