First Horizon
495 hedge funds and large institutions have $7.22B invested in First Horizon in 2021 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 176 increasing their positions, 156 reducing their positions, and 60 closing their positions.
89% more call options, than puts
Call options by funds: $24.2M | Put options by funds: $12.8M
13% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 156
5% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 60
0.89% less ownership
Funds ownership: 81.51% → 80.62% (-0.89%)
1% less funds holding
Funds holding: 500 → 495 (-5)
7% less capital invested
Capital invested by funds: $7.76B → $7.22B (-$546M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$83.4M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$62.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$41.6M |
| 4 |
State Street
Boston,
Massachusetts
|
+$27.8M |
| 5 |
PMG
Private Management Group
Irvine,
California
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$54.3M |
| 2 |
Two Sigma Investments
New York
|
-$44.4M |
| 3 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$36.7M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$26.7M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$25.5M |
FHN Hedge Fund Activity: Q3 2021 in Review
495 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q3 2021, worth a combined $7.22B — down 7% from $7.76B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new FHN positions and 60 closed out — a net gain of 3 holders — while 176 added to existing stakes and 156 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $83.4M. The largest seller was Franklin Resources, cutting an estimated $54.3M.
- 495 institutional investors held First Horizon (FHN) as of Q3 2021, down from 500 in Q2 2021.
- Funds reported $7.22B of First Horizon stock for Q3 2021, down 7% quarter-over-quarter.
- 63 funds opened new First Horizon positions in Q3 2021 and 60 closed out, a net change of +3 holders.
- The largest First Horizon buyer in Q3 2021 was Royal Bank of Canada, an estimated $83.4M added.
- The largest First Horizon seller in Q3 2021 was Franklin Resources, an estimated $54.3M sold.
Based on aggregated 13F filings for Q3 2021.