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First Horizon

232 hedge funds and large institutions have $2.36B invested in First Horizon in 2014 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 67 increasing their positions, 92 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

574% more call options, than puts

Call options by funds: $1.07M | Put options by funds: $159K

22% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 23

7% more capital invested

Capital invested by funds: $2.21B → $2.36B (+$151M)

1% more funds holding

Funds holding: 230232 (+2)

0.78% more ownership

Funds ownership: 80.45%81.23% (+0.78%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

27% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 92

Holders
232
Holders Change
+2
Holders Change %
+0.87%
% of All Funds
6.7%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
28
Increased
67
Reduced
92
Closed
23
Calls
$1.07M
Puts
$159K
Net Calls
+$912K
Net Calls Change
-$266K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$292M -$2.85M -239,199 -1%
State Street
2
State Street
Massachusetts
$169M -$11.1M -927,780 -6%
Vanguard Group
3
Vanguard Group
Pennsylvania
$166M +$4.85M +407,364 +3%
Hotchkis & Wiley Capital Management
4
Hotchkis & Wiley Capital Management
California
$164M +$7.6M +638,000 +5%
RIM
5
RS Investment Management
California
$156M -$4.87M -408,523 -3%
CRM
6
Cramer Rosenthal McGlynn
Connecticut
$101M +$97.8M +8,212,455 New
Bank of New York Mellon
7
Bank of New York Mellon
New York
$87.9M +$22.1M +1,850,937 +35%
Invesco
8
Invesco
Georgia
$86.7M -$4.29M -360,190 -5%
BIT
9
BlackRock Institutional Trust
California
$81.1M +$399K +33,510 +0.5%
BFA
10
BlackRock Fund Advisors
California
$80.7M -$4.63M -388,628 -6%
Ameriprise
11
Ameriprise
Minnesota
$75.2M +$10.1M +846,446 +16%
Millennium Management
12
Millennium Management
New York
$50.7M +$19.9M +1,666,234 +68%
Wells Fargo
13
Wells Fargo
California
$48.9M +$1.92M +160,821 +4%
JP Morgan Chase
14
JP Morgan Chase
New York
$41.8M +$4.36M +365,640 +12%
Luther King Capital Management (LKCM)
15
Luther King Capital Management (LKCM)
Texas
$32.4M +$2.76M +231,699 +10%
SCM
16
Schneider Capital Management
Pennsylvania
$31.6M -$664K -55,710 -2%
FCM
17
Frontier Capital Management
Massachusetts
$29.9M +$2.35M +197,433 +9%
MCM
18
Munder Capital Management
Michigan
$29.8M -$16.6M -1,393,332 -37%
Schroder Investment Management Group
19
Schroder Investment Management Group
United Kingdom
$27.8M -$6.51M -546,500 -20%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$26.8M -$3.51M -294,358 -12%
Norges Bank
21
Norges Bank
Norway
$26.6M
Goldman Sachs
22
Goldman Sachs
New York
$24M -$1.86M -156,410 -7%
Northern Trust
23
Northern Trust
Illinois
$23.4M +$677K +56,819 +3%
Wellington Management Group
24
Wellington Management Group
Massachusetts
$23.2M -$574K -48,170 -2%
LI
25
LMCG Investments
Massachusetts
$21.5M -$1.98M -166,540 -9%

FHN Hedge Fund Activity: Q1 2014 in Review

232 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q1 2014, worth a combined $2.36B — up 6.9% from $2.21B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new FHN positions and 23 closed out — a net gain of 5 holders — while 67 added to existing stakes and 92 trimmed.

The largest buyer was Cramer Rosenthal McGlynn, opening a new position worth an estimated $97.8M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $91.2M sold.

  • 232 institutional investors held First Horizon (FHN) as of Q1 2014, up from 230 in Q4 2013.
  • Funds reported $2.36B of First Horizon stock for Q1 2014, up 6.9% quarter-over-quarter.
  • 28 funds opened new First Horizon positions in Q1 2014 and 23 closed out, a net change of +5 holders.
  • The largest First Horizon buyer in Q1 2014 was Cramer Rosenthal McGlynn, an estimated $97.8M added.
  • The largest First Horizon seller in Q1 2014 was Allianz Asset Management, an estimated $91.2M sold.

Based on aggregated 13F filings for Q1 2014.