First Horizon
372 hedge funds and large institutions have $4.17B invested in First Horizon in 2019 Q3 according to their latest regulatory filings, with 74 funds opening new positions, 109 increasing their positions, 110 reducing their positions, and 33 closing their positions.
124% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 33
12% more funds holding
Funds holding: 331 → 372 (+41)
4% more capital invested
Capital invested by funds: $4B → $4.17B (+$173M)
1% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 110
2.4% less ownership
Funds ownership: 84.84% → 82.44% (-2.4%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
57% less call options, than puts
Call options by funds: $2.12M | Put options by funds: $4.97M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$31M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$18.2M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$17.8M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$15.2M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$101M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$68.7M |
| 3 |
Parnassus Investments
San Francisco,
California
|
-$30.9M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$30.6M |
| 5 |
Millennium Management
New York
|
-$21.2M |
FHN Hedge Fund Activity: Q3 2019 in Review
372 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q3 2019, worth a combined $4.17B — up 4.3% from $4B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new FHN positions and 33 closed out — a net gain of 41 holders — while 109 added to existing stakes and 110 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $31M. The largest seller was Fidelity Investments, cutting an estimated $101M.
- 372 institutional investors held First Horizon (FHN) as of Q3 2019, up from 331 in Q2 2019.
- Funds reported $4.17B of First Horizon stock for Q3 2019, up 4.3% quarter-over-quarter.
- 74 funds opened new First Horizon positions in Q3 2019 and 33 closed out, a net change of +41 holders.
- The largest First Horizon buyer in Q3 2019 was JP Morgan Chase, an estimated $31M added.
- The largest First Horizon seller in Q3 2019 was Fidelity Investments, an estimated $101M sold.
Based on aggregated 13F filings for Q3 2019.