First Horizon
320 hedge funds and large institutions have $5.4B invested in First Horizon in 2017 Q4 according to their latest regulatory filings, with 99 funds opening new positions, 125 increasing their positions, 54 reducing their positions, and 19 closing their positions.
421% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 19
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
379% more call options, than puts
Call options by funds: $2.94M | Put options by funds: $614K
131% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 54
35% more capital invested
Capital invested by funds: $4.01B → $5.4B (+$1.39B)
33% more funds holding
Funds holding: 240 → 320 (+80)
1.46% less ownership
Funds ownership: 89.48% → 88.02% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$183M |
| 2 |
BlackRock
New York
|
+$121M |
| 3 |
OHCM
Oak Hill Capital Management
New York
|
+$104M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$98.5M |
| 5 |
Goldman Sachs
New York
|
+$71.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$42.8M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$27M |
| 3 |
Calamos Advisors
Naperville,
Illinois
|
-$18.9M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$15.1M |
| 5 |
Two Sigma Investments
New York
|
-$9.36M |
FHN Hedge Fund Activity: Q4 2017 in Review
320 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q4 2017, worth a combined $5.4B — up 35% from $4.01B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new FHN positions and 19 closed out — a net gain of 80 holders — while 125 added to existing stakes and 54 trimmed.
The largest buyer was Franklin Resources, adding an estimated $183M. The largest seller was T. Rowe Price Associates, cutting an estimated $42.8M.
- 320 institutional investors held First Horizon (FHN) as of Q4 2017, up from 240 in Q3 2017.
- Funds reported $5.4B of First Horizon stock for Q4 2017, up 35% quarter-over-quarter.
- 99 funds opened new First Horizon positions in Q4 2017 and 19 closed out, a net change of +80 holders.
- The largest First Horizon buyer in Q4 2017 was Franklin Resources, an estimated $183M added.
- The largest First Horizon seller in Q4 2017 was T. Rowe Price Associates, an estimated $42.8M sold.
Based on aggregated 13F filings for Q4 2017.