First Horizon
331 hedge funds and large institutions have $4B invested in First Horizon in 2019 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 95 increasing their positions, 120 reducing their positions, and 43 closing their positions.
182% more call options, than puts
Call options by funds: $11.4M | Put options by funds: $4.04M
16% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 43
2% more capital invested
Capital invested by funds: $3.93B → $4B (+$69.7M)
0% more funds holding
Funds holding: 330 → 331 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3.61% less ownership
Funds ownership: 88.45% → 84.84% (-3.6%)
21% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 120
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$45.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$23.4M |
| 3 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$18.7M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
+$17.2M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$141M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$52.1M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$44.3M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$21.7M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$19.8M |
FHN Hedge Fund Activity: Q2 2019 in Review
331 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q2 2019, worth a combined $4B — up 1.8% from $3.93B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new FHN positions and 43 closed out — a net gain of 7 holders — while 95 added to existing stakes and 120 trimmed.
The largest buyer was Millennium Management, adding an estimated $45.4M. The largest seller was Invesco, cutting an estimated $141M.
- 331 institutional investors held First Horizon (FHN) as of Q2 2019, up from 330 in Q1 2019.
- Funds reported $4B of First Horizon stock for Q2 2019, up 1.8% quarter-over-quarter.
- 50 funds opened new First Horizon positions in Q2 2019 and 43 closed out, a net change of +7 holders.
- The largest First Horizon buyer in Q2 2019 was Millennium Management, an estimated $45.4M added.
- The largest First Horizon seller in Q2 2019 was Invesco, an estimated $141M sold.
Based on aggregated 13F filings for Q2 2019.