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First Horizon

580 hedge funds and large institutions have $9.7B invested in First Horizon in 2025 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 196 increasing their positions, 188 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

388% more call options, than puts

Call options by funds: $220M | Put options by funds: $45.1M

70% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 44

5% more funds holding

Funds holding: 555580 (+25)

4% more repeat investments, than reductions

Existing positions increased: 196 | Existing positions reduced: 188

4% more capital invested

Capital invested by funds: $9.31B → $9.7B (+$393M)

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

2.04% less ownership

Funds ownership: 86.5%84.47% (-2%)

Holders
580
Holders Change
+25
Holders Change %
+4.5%
% of All Funds
7.61%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
75
Increased
196
Reduced
188
Closed
44
Calls
$220M
Puts
$45.1M
Net Calls
+$175M
Net Calls Change
+$151M
Name Holding Trade Value Shares
Change
Change in
Stake
NA
126
NewEdge Advisors
Louisiana
$5.27M -$64.1K -2,886 -1%
PCH
127
Polar Capital Holdings
United Kingdom
$5.24M
AB
128
Amalgamated Bank
New York
$5.24M +$6.62K +298 +0.1%
VOYA Investment Management
129
VOYA Investment Management
Georgia
$5.2M +$3.84M +172,599 +301%
Treasurer of the State of North Carolina
130
Treasurer of the State of North Carolina
North Carolina
$5.11M -$196K -8,811 -4%
Janus Henderson Group
131
Janus Henderson Group
United Kingdom
$5.08M
CSP
132
Cary Street Partners
Virginia
$5.08M -$19K -853 -0.4%
Comerica Bank
133
Comerica Bank
Texas
$5.07M -$317K -14,275 -6%
JG
134
Jain Global
New York
$5M +$2.63M +118,204 +115%
State of Wisconsin Investment Board
135
State of Wisconsin Investment Board
Wisconsin
$4.93M -$105K -4,726 -2%
State of Tennessee, Department of Treasury
136
State of Tennessee, Department of Treasury
Tennessee
$4.89M
Adage Capital Partners
137
Adage Capital Partners
Massachusetts
$4.86M -$11.8M -530,000 -71%
VVP
138
Venture Visionary Partners
Ohio
$4.56M +$177K +7,986 +4%
PFSRSONJ
139
Police & Firemen's Retirement System of New Jersey
New Jersey
$4.46M +$85.1K +3,828 +2%
P
140
&Partners
Tennessee
$4.42M -$8.04K -362 -0.2%
ZIM
141
Zacks Investment Management
Illinois
$4.27M -$143K -6,455 -3%
EC
142
EJF Capital
Virginia
$4.2M +$113K +5,103 +3%
GFA
143
Gifford Fong Associates
California
$4.07M
VRS
144
Virginia Retirement Systems
Virginia
$4.03M -$55.6K -2,500 -1%
Thrivent Financial for Lutherans
145
Thrivent Financial for Lutherans
Minnesota
$3.98M -$1.24M -55,963 -24%
GI
146
GAMCO Investors
Connecticut
$3.97M -$93.3K -4,200 -2%
CI
147
Cherokee Insurance
Michigan
$3.84M
Ohio Public Employees Retirement System (OPERS)
148
Ohio Public Employees Retirement System (OPERS)
Ohio
$3.82M +$17.9K +807 +0.5%
MF
149
Magnetar Financial
Illinois
$3.78M +$3.72M +167,220 New
YCM
150
Yousif Capital Management
Michigan
$3.73M -$275K -12,384 -7%

FHN Hedge Fund Activity: Q3 2025 in Review

580 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q3 2025, worth a combined $9.7B — up 4.2% from $9.31B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new FHN positions and 44 closed out — a net gain of 31 holders — while 196 added to existing stakes and 188 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $120M. The largest seller was Millennium Management, cutting an estimated $181M.

  • 580 institutional investors held First Horizon (FHN) as of Q3 2025, up from 555 in Q2 2025.
  • Funds reported $9.7B of First Horizon stock for Q3 2025, up 4.2% quarter-over-quarter.
  • 75 funds opened new First Horizon positions in Q3 2025 and 44 closed out, a net change of +31 holders.
  • The largest First Horizon buyer in Q3 2025 was Citadel Advisors, an estimated $120M added.
  • The largest First Horizon seller in Q3 2025 was Millennium Management, an estimated $181M sold.

Based on aggregated 13F filings for Q3 2025.