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First Horizon

240 hedge funds and large institutions have $4.01B invested in First Horizon in 2017 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 89 increasing their positions, 75 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

280% more call options, than puts

Call options by funds: $1.61M | Put options by funds: $423K

19% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 75

15% more capital invested

Capital invested by funds: $3.49B → $4.01B (+$520M)

3.81% more ownership

Funds ownership: 85.67%89.48% (+3.8%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

9% less funds holding

Funds holding: 263240 (-23)

48% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 42

Holders
240
Holders Change
-23
Holders Change %
-8.75%
% of All Funds
5.98%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
22
Increased
89
Reduced
75
Closed
42
Calls
$1.61M
Puts
$423K
Net Calls
+$1.18M
Net Calls Change
-$1.16M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$441M +$42.7M +2,435,089 +12%
Vanguard Group
2
Vanguard Group
Pennsylvania
$389M +$11.1M +633,497 +3%
Invesco
3
Invesco
Georgia
$298M +$43.9M +2,502,894 +19%
State Street
4
State Street
Massachusetts
$276M +$3.8M +216,701 +2%
Fuller & Thaler Asset Management
5
Fuller & Thaler Asset Management
California
$235M +$4.63M +264,035 +2%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$124M -$96.7M -5,517,143 -46%
Franklin Resources
7
Franklin Resources
California
$122M +$8.65M +493,481 +8%
JP Morgan Chase
8
JP Morgan Chase
New York
$119M -$7.06M -402,446 -6%
Parnassus Investments
9
Parnassus Investments
California
$108M +$7.82M +446,174 +9%
Lord, Abbett & Co
10
Lord, Abbett & Co
New Jersey
$105M +$20.9M +1,190,495 +28%
Victory Capital Management
11
Victory Capital Management
Texas
$97.1M -$4.18M -238,377 -4%
Schroder Investment Management Group
12
Schroder Investment Management Group
United Kingdom
$93.7M +$10.1M +575,552 +13%
FCM
13
Frontier Capital Management
Massachusetts
$91.6M +$2.71M +154,272 +3%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$78.3M -$3.76M -214,355 -5%
Goldman Sachs
15
Goldman Sachs
New York
$75.7M -$16M -911,154 -19%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$75M -$1.32M -75,350 -2%
Balyasny Asset Management
17
Balyasny Asset Management
Illinois
$67.7M +$53.2M +3,031,954 +601%
Diamond Hill Capital Management
18
Diamond Hill Capital Management
Ohio
$63.2M -$1.77M -101,108 -3%
Hotchkis & Wiley Capital Management
19
Hotchkis & Wiley Capital Management
California
$52.9M -$53.5K -3,054 -0.1%
Citadel Advisors
20
Citadel Advisors
Florida
$51.8M +$42M +2,394,385 +776%
NIMC
21
NWQ Investment Management Company
California
$50.5M +$46.2M +2,636,696 New
Bank of America
22
Bank of America
North Carolina
$47.4M +$13.8M +787,180 +47%
Janus Henderson Group
23
Janus Henderson Group
United Kingdom
$40.8M +$32.9M +1,877,196 +738%
HCM
24
Huber Capital Management
California
$38.3M -$1.15M -65,800 -3%
Northern Trust
25
Northern Trust
Illinois
$37.6M -$702K -40,027 -2%

FHN Hedge Fund Activity: Q3 2017 in Review

240 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q3 2017, worth a combined $4.01B — up 15% from $3.49B a quarter earlier.

Sellers outnumbered buyers: 42 funds closed out of FHN and 22 opened new positions — a net loss of 20 holders — while 75 trimmed existing stakes and 89 added.

The largest buyer was Balyasny Asset Management, adding an estimated $53.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $96.7M.

  • 240 institutional investors held First Horizon (FHN) as of Q3 2017, down from 263 in Q2 2017.
  • Funds reported $4.01B of First Horizon stock for Q3 2017, up 15% quarter-over-quarter.
  • 22 funds opened new First Horizon positions in Q3 2017 and 42 closed out, a net change of -20 holders.
  • The largest First Horizon buyer in Q3 2017 was Balyasny Asset Management, an estimated $53.2M added.
  • The largest First Horizon seller in Q3 2017 was T. Rowe Price Associates, an estimated $96.7M sold.

Based on aggregated 13F filings for Q3 2017.