First Horizon
232 hedge funds and large institutions have $2.36B invested in First Horizon in 2014 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 67 increasing their positions, 92 reducing their positions, and 23 closing their positions.
574% more call options, than puts
Call options by funds: $1.07M | Put options by funds: $159K
22% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 23
7% more capital invested
Capital invested by funds: $2.21B → $2.36B (+$151M)
1% more funds holding
Funds holding: 230 → 232 (+2)
0.78% more ownership
Funds ownership: 80.45% → 81.23% (+0.78%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
27% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$97.8M |
| 2 |
Bank of New York Mellon
New York
|
+$22.1M |
| 3 |
Millennium Management
New York
|
+$19.9M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$18.8M |
| 5 |
HCM
Huber Capital Management
El Segundo,
California
|
+$18.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$91.2M |
| 2 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
-$16.6M |
| 3 |
State Street
Boston,
Massachusetts
|
-$11.1M |
| 4 |
Renaissance Technologies
New York
|
-$10.5M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.7M |
FHN Hedge Fund Activity: Q1 2014 in Review
232 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q1 2014, worth a combined $2.36B — up 6.9% from $2.21B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new FHN positions and 23 closed out — a net gain of 5 holders — while 67 added to existing stakes and 92 trimmed.
The largest buyer was Cramer Rosenthal McGlynn, opening a new position worth an estimated $97.8M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $91.2M sold.
- 232 institutional investors held First Horizon (FHN) as of Q1 2014, up from 230 in Q4 2013.
- Funds reported $2.36B of First Horizon stock for Q1 2014, up 6.9% quarter-over-quarter.
- 28 funds opened new First Horizon positions in Q1 2014 and 23 closed out, a net change of +5 holders.
- The largest First Horizon buyer in Q1 2014 was Cramer Rosenthal McGlynn, an estimated $97.8M added.
- The largest First Horizon seller in Q1 2014 was Allianz Asset Management, an estimated $91.2M sold.
Based on aggregated 13F filings for Q1 2014.