First Horizon
612 hedge funds and large institutions have $10.5B invested in First Horizon in 2022 Q4 according to their latest regulatory filings, with 113 funds opening new positions, 197 increasing their positions, 202 reducing their positions, and 57 closing their positions.
98% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 57
18% more funds holding in top 10
Funds holding in top 10: 28 → 33 (+5)
8% more funds holding
Funds holding: 567 → 612 (+45)
5% more capital invested
Capital invested by funds: $9.99B → $10.5B (+$541M)
2% less repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 202
1.19% less ownership
Funds ownership: 81.31% → 80.11% (-1.2%)
41% less call options, than puts
Call options by funds: $52.4M | Put options by funds: $89.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$480M |
| 2 |
SFM
Soros Fund Management
New York
|
+$207M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$107M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$44.5M |
| 5 |
State Street
Boston,
Massachusetts
|
+$39.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$249M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$183M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$130M |
| 4 |
SCM
Segantii Capital Management
Hong Kong
|
-$110M |
| 5 |
Parnassus Investments
San Francisco,
California
|
-$70.1M |
FHN Hedge Fund Activity: Q4 2022 in Review
612 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q4 2022, worth a combined $10.5B — up 5.4% from $9.99B a quarter earlier.
Buyers outnumbered sellers: 113 funds opened new FHN positions and 57 closed out — a net gain of 56 holders — while 197 added to existing stakes and 202 trimmed.
The largest buyer was BlackRock, adding an estimated $480M. The largest seller was Fuller & Thaler Asset Management, cutting an estimated $249M.
- 612 institutional investors held First Horizon (FHN) as of Q4 2022, up from 567 in Q3 2022.
- Funds reported $10.5B of First Horizon stock for Q4 2022, up 5.4% quarter-over-quarter.
- 113 funds opened new First Horizon positions in Q4 2022 and 57 closed out, a net change of +56 holders.
- The largest First Horizon buyer in Q4 2022 was BlackRock, an estimated $480M added.
- The largest First Horizon seller in Q4 2022 was Fuller & Thaler Asset Management, an estimated $249M sold.
Based on aggregated 13F filings for Q4 2022.