First Horizon
585 hedge funds and large institutions have $7.94B invested in First Horizon in 2023 Q1 according to their latest regulatory filings, with 86 funds opening new positions, 209 increasing their positions, 197 reducing their positions, and 108 closing their positions.
2.86% more ownership
Funds ownership: 80.11% → 82.97% (+2.9%)
6% more repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 197
4% less funds holding
Funds holding: 612 → 585 (-27)
20% less first-time investments, than exits
New positions opened: 86 | Existing positions closed: 108
25% less capital invested
Capital invested by funds: $10.5B → $7.94B (-$2.6B)
27% less funds holding in top 10
Funds holding in top 10: 33 → 24 (-9)
59% less call options, than puts
Call options by funds: $63M | Put options by funds: $152M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LP
LMR Partners
London,
United Kingdom
|
+$77.4M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$72.3M |
| 3 |
State Street
Boston,
Massachusetts
|
+$70.5M |
| 4 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$61M |
| 5 |
MAM
Melqart Asset Management
London,
United Kingdom
|
+$54.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$187M |
| 2 |
Goldman Sachs
New York
|
-$80.2M |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$49.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$49.4M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$48.9M |
FHN Hedge Fund Activity: Q1 2023 in Review
585 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q1 2023, worth a combined $7.94B — down 25% from $10.5B a quarter earlier.
Sellers outnumbered buyers: 108 funds closed out of FHN and 86 opened new positions — a net loss of 22 holders — while 197 trimmed existing stakes and 209 added.
The largest buyer was LMR Partners, adding an estimated $77.4M. The largest seller was Charles Schwab, cutting an estimated $187M.
- 585 institutional investors held First Horizon (FHN) as of Q1 2023, down from 612 in Q4 2022.
- Funds reported $7.94B of First Horizon stock for Q1 2023, down 25% quarter-over-quarter.
- 86 funds opened new First Horizon positions in Q1 2023 and 108 closed out, a net change of -22 holders.
- The largest First Horizon buyer in Q1 2023 was LMR Partners, an estimated $77.4M added.
- The largest First Horizon seller in Q1 2023 was Charles Schwab, an estimated $187M sold.
Based on aggregated 13F filings for Q1 2023.