First Horizon
558 hedge funds and large institutions have $5.09B invested in First Horizon in 2023 Q2 according to their latest regulatory filings, with 102 funds opening new positions, 173 increasing their positions, 207 reducing their positions, and 123 closing their positions.
47% more call options, than puts
Call options by funds: $46.2M | Put options by funds: $31.5M
0.62% more ownership
Funds ownership: 82.96% → 83.58% (+0.62%)
4% less funds holding
Funds holding: 583 → 558 (-25)
16% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 207
17% less first-time investments, than exits
New positions opened: 102 | Existing positions closed: 123
36% less capital invested
Capital invested by funds: $7.93B → $5.09B (-$2.84B)
71% less funds holding in top 10
Funds holding in top 10: 24 → 7 (-17)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$265M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$200M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$164M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$125M |
| 5 |
D.E. Shaw & Co
New York
|
+$90.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$194M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$179M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$164M |
| 4 |
SFM
Soros Fund Management
New York
|
-$130M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
-$93.9M |
FHN Hedge Fund Activity: Q2 2023 in Review
558 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q2 2023, worth a combined $5.09B — down 36% from $7.93B a quarter earlier.
Sellers outnumbered buyers: 123 funds closed out of FHN and 102 opened new positions — a net loss of 21 holders — while 207 trimmed existing stakes and 173 added.
The largest buyer was Toronto Dominion Bank, adding an estimated $265M. The largest seller was Barclays, cutting an estimated $194M.
- 558 institutional investors held First Horizon (FHN) as of Q2 2023, down from 583 in Q1 2023.
- Funds reported $5.09B of First Horizon stock for Q2 2023, down 36% quarter-over-quarter.
- 102 funds opened new First Horizon positions in Q2 2023 and 123 closed out, a net change of -21 holders.
- The largest First Horizon buyer in Q2 2023 was Toronto Dominion Bank, an estimated $265M added.
- The largest First Horizon seller in Q2 2023 was Barclays, an estimated $194M sold.
Based on aggregated 13F filings for Q2 2023.