First Horizon
425 hedge funds and large institutions have $4.34B invested in First Horizon in 2020 Q3 according to their latest regulatory filings, with 109 funds opening new positions, 202 increasing their positions, 64 reducing their positions, and 57 closing their positions.
216% more repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 64
91% more first-time investments, than exits
New positions opened: 109 | Existing positions closed: 57
41% more capital invested
Capital invested by funds: $3.09B → $4.34B (+$1.25B)
13% more funds holding
Funds holding: 377 → 425 (+48)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
16.64% less ownership
Funds ownership: 99.8% → 83.17% (-17%)
30% less call options, than puts
Call options by funds: $7.68M | Put options by funds: $10.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$205M |
| 2 |
BlackRock
New York
|
+$181M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$120M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$94.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$79.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$86.2M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
-$36.3M |
| 3 |
Goldman Sachs
New York
|
-$22.3M |
| 4 |
Millennium Management
New York
|
-$18.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$14.4M |
FHN Hedge Fund Activity: Q3 2020 in Review
425 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q3 2020, worth a combined $4.34B — up 41% from $3.09B a quarter earlier.
Buyers outnumbered sellers: 109 funds opened new FHN positions and 57 closed out — a net gain of 52 holders — while 202 added to existing stakes and 64 trimmed.
The largest buyer was Vanguard Group, adding an estimated $205M. The largest seller was Franklin Resources, cutting an estimated $86.2M.
- 425 institutional investors held First Horizon (FHN) as of Q3 2020, up from 377 in Q2 2020.
- Funds reported $4.34B of First Horizon stock for Q3 2020, up 41% quarter-over-quarter.
- 109 funds opened new First Horizon positions in Q3 2020 and 57 closed out, a net change of +52 holders.
- The largest First Horizon buyer in Q3 2020 was Vanguard Group, an estimated $205M added.
- The largest First Horizon seller in Q3 2020 was Franklin Resources, an estimated $86.2M sold.
Based on aggregated 13F filings for Q3 2020.