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First Horizon

234 hedge funds and large institutions have $2.27B invested in First Horizon in 2014 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 88 increasing their positions, 80 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more call options, than puts

Call options by funds: $781K | Put options by funds: $545K

11% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 19

10% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 80

1% more funds holding

Funds holding: 232234 (+2)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.02% less ownership

Funds ownership: 81.23%81.21% (-0.02%)

4% less capital invested

Capital invested by funds: $2.36B → $2.27B (-$83.5M)

Holders
234
Holders Change
+2
Holders Change %
+0.86%
% of All Funds
6.73%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
21
Increased
88
Reduced
80
Closed
19
Calls
$781K
Puts
$545K
Net Calls
+$236K
Net Calls Change
-$676K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$260M -$20.4M -1,746,668 -7%
Hotchkis & Wiley Capital Management
2
Hotchkis & Wiley Capital Management
California
$174M +$15.5M +1,320,200 +10%
Vanguard Group
3
Vanguard Group
Pennsylvania
$163M +$3.19M +272,277 +2%
State Street
4
State Street
Massachusetts
$158M -$4.76M -406,520 -3%
RIM
5
RS Investment Management
California
$141M -$8.17M -698,119 -6%
CRM
6
Cramer Rosenthal McGlynn
Connecticut
$103M +$5.96M +509,634 +6%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$83.2M -$1.25M -106,835 -1%
BFA
8
BlackRock Fund Advisors
California
$83.2M +$5.53M +472,787 +7%
Invesco
9
Invesco
Georgia
$82.7M -$626K -53,520 -0.8%
BIT
10
BlackRock Institutional Trust
California
$75.6M -$2.27M -193,731 -3%
Ameriprise
11
Ameriprise
Minnesota
$62.7M -$9.38M -801,740 -13%
Norges Bank
12
Norges Bank
Norway
$49M +$23.1M +1,971,644 +91%
JP Morgan Chase
13
JP Morgan Chase
New York
$46.3M +$6.06M +517,793 +15%
Wells Fargo
14
Wells Fargo
California
$45.5M -$1.5M -128,203 -3%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$38.5M +$12.6M +1,072,549 +49%
Parnassus Investments
16
Parnassus Investments
California
$35.4M +$30M +2,561,912 +603%
HCM
17
Huber Capital Management
California
$34.6M +$15.7M +1,337,445 +85%
FCM
18
Frontier Capital Management
Massachusetts
$31.6M +$2.87M +245,220 +10%
MCM
19
Munder Capital Management
Michigan
$30.9M +$2.27M +193,678 +8%
Schroder Investment Management Group
20
Schroder Investment Management Group
United Kingdom
$29.4M +$2.65M +226,300 +10%
Goldman Sachs
21
Goldman Sachs
New York
$26.2M +$3.02M +257,687 +13%
SCM
22
Schneider Capital Management
Pennsylvania
$25.6M -$4.78M -408,138 -16%
Millennium Management
23
Millennium Management
New York
$23.3M -$25.1M -2,143,152 -52%
Fuller & Thaler Asset Management
24
Fuller & Thaler Asset Management
California
$23M +$5.5M +470,000 +32%
Northern Trust
25
Northern Trust
Illinois
$22.8M +$336K +28,744 +2%

FHN Hedge Fund Activity: Q2 2014 in Review

234 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q2 2014, worth a combined $2.27B — down 3.5% from $2.36B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new FHN positions and 19 closed out — a net gain of 2 holders — while 88 added to existing stakes and 80 trimmed.

The largest buyer was Parnassus Investments, adding an estimated $30M. The largest seller was Luther King Capital Management (LKCM), exiting entirely with an estimated $32.4M sold.

  • 234 institutional investors held First Horizon (FHN) as of Q2 2014, up from 232 in Q1 2014.
  • Funds reported $2.27B of First Horizon stock for Q2 2014, down 3.5% quarter-over-quarter.
  • 21 funds opened new First Horizon positions in Q2 2014 and 19 closed out, a net change of +2 holders.
  • The largest First Horizon buyer in Q2 2014 was Parnassus Investments, an estimated $30M added.
  • The largest First Horizon seller in Q2 2014 was Luther King Capital Management (LKCM), an estimated $32.4M sold.

Based on aggregated 13F filings for Q2 2014.