First Horizon
224 hedge funds and large institutions have $2.36B invested in First Horizon in 2014 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 68 increasing their positions, 87 reducing their positions, and 26 closing their positions.
241% more call options, than puts
Call options by funds: $1.94M | Put options by funds: $569K
4% more capital invested
Capital invested by funds: $2.27B → $2.36B (+$84M)
0.1% more ownership
Funds ownership: 81.21% → 81.3% (+0.1%)
4% less funds holding
Funds holding: 234 → 224 (-10)
22% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 87
23% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 26
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$30.4M |
| 2 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$20.1M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$18.2M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$14.9M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$27.9M |
| 2 |
Millennium Management
New York
|
-$19.2M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
-$14.7M |
| 4 |
JP Morgan Chase
New York
|
-$8.82M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$6.86M |
FHN Hedge Fund Activity: Q3 2014 in Review
224 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q3 2014, worth a combined $2.36B — up 3.7% from $2.27B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of FHN and 20 opened new positions — a net loss of 6 holders — while 87 trimmed existing stakes and 68 added.
The largest buyer was Chartwell Investment Partners, opening a new position worth an estimated $30.4M. The largest seller was Norges Bank, cutting an estimated $27.9M.
- 224 institutional investors held First Horizon (FHN) as of Q3 2014, down from 234 in Q2 2014.
- Funds reported $2.36B of First Horizon stock for Q3 2014, up 3.7% quarter-over-quarter.
- 20 funds opened new First Horizon positions in Q3 2014 and 26 closed out, a net change of -6 holders.
- The largest First Horizon buyer in Q3 2014 was Chartwell Investment Partners, an estimated $30.4M added.
- The largest First Horizon seller in Q3 2014 was Norges Bank, an estimated $27.9M sold.
Based on aggregated 13F filings for Q3 2014.