First Horizon
251 hedge funds and large institutions have $2.88B invested in First Horizon in 2016 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 94 increasing their positions, 82 reducing their positions, and 23 closing their positions.
2,536% more call options, than puts
Call options by funds: $4.82M | Put options by funds: $183K
30% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 23
15% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 82
14% more capital invested
Capital invested by funds: $2.52B → $2.88B (+$360M)
2.86% more ownership
Funds ownership: 79.05% → 81.9% (+2.9%)
2% more funds holding
Funds holding: 247 → 251 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$46.8M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$29.7M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$26.7M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$22.9M |
| 5 |
Millennium Management
New York
|
+$22.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$52.1M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$26.5M |
| 3 |
D.E. Shaw & Co
New York
|
-$11.4M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$7.93M |
| 5 |
AC
Alpenglow Capital
San Carlos,
California
|
-$7.7M |
FHN Hedge Fund Activity: Q3 2016 in Review
251 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q3 2016, worth a combined $2.88B — up 14% from $2.52B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FHN positions and 23 closed out — a net gain of 7 holders — while 94 added to existing stakes and 82 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $46.8M. The largest seller was Citadel Advisors, cutting an estimated $52.1M.
- 251 institutional investors held First Horizon (FHN) as of Q3 2016, up from 247 in Q2 2016.
- Funds reported $2.88B of First Horizon stock for Q3 2016, up 14% quarter-over-quarter.
- 30 funds opened new First Horizon positions in Q3 2016 and 23 closed out, a net change of +7 holders.
- The largest First Horizon buyer in Q3 2016 was Victory Capital Management, an estimated $46.8M added.
- The largest First Horizon seller in Q3 2016 was Citadel Advisors, an estimated $52.1M sold.
Based on aggregated 13F filings for Q3 2016.