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First Horizon

583 hedge funds and large institutions have $7.93B invested in First Horizon in 2023 Q1 according to their latest regulatory filings, with 84 funds opening new positions, 209 increasing their positions, 197 reducing their positions, and 109 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more repeat investments, than reductions

Existing positions increased: 209 | Existing positions reduced: 197

0.8% more ownership

Funds ownership: 82.16%82.96% (+0.8%)

5% less funds holding

Funds holding: 613583 (-30)

23% less first-time investments, than exits

New positions opened: 84 | Existing positions closed: 109

25% less capital invested

Capital invested by funds: $10.5B → $7.93B (-$2.6B)

27% less funds holding in top 10

Funds holding in top 10: 3324 (-9)

59% less call options, than puts

Call options by funds: $63M | Put options by funds: $152M

Holders
583
Holders Change
-30
Holders Change %
-4.89%
% of All Funds
9.29%
Holding in Top 10
24
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-27.27%
% of All Funds
0.38%
New
84
Increased
209
Reduced
197
Closed
109
Calls
$63M
Puts
$152M
Net Calls
-$89M
Net Calls Change
-$51.9M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.33B -$22.4M -1,006,574 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$978M +$22.5M +1,012,264 +2%
State Street
3
State Street
Massachusetts
$419M +$70.5M +3,173,357 +16%
Barclays
4
Barclays
United Kingdom
$314M +$44.6M +2,005,168 +13%
Franklin Resources
5
Franklin Resources
California
$219M +$12.2M +548,162 +5%
UOC
6
UBS O'Connor
Illinois
$179M +$24.8M +1,118,140 +12%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$177M -$23.9M -1,074,354 -10%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$152M -$5.17M -232,697 -3%
WCMNY
9
Westchester Capital Management (New York)
New York
$140M +$30.3M +1,363,647 +21%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$135M -$8.1M -364,530 -5%
SFM
11
Soros Fund Management
New York
$130M -$27.3M -1,226,496 -14%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$105M -$35.9M -1,613,962 -21%
Norges Bank
13
Norges Bank
Norway
$99.5M +$3.47M +156,318 +3%
PCM
14
Pentwater Capital Management
Florida
$94.2M +$25.6M +1,150,000 +28%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$93.3M -$5.41M -243,538 -4%
Fidelity International
16
Fidelity International
Bermuda
$92.8M -$2.1M -94,528 -2%
Northern Trust
17
Northern Trust
Illinois
$91.7M +$3.75M +168,759 +3%
Deutsche Bank
18
Deutsche Bank
Germany
$87.7M +$4.86M +218,733 +5%
Morgan Stanley
19
Morgan Stanley
New York
$81.8M +$2.8M +125,852 +3%
SGCM
20
Sand Grove Capital Management
United Kingdom
$79.7M +$15.9M +716,629 +19%
LP
21
LMR Partners
United Kingdom
$76.8M +$77.4M +3,482,154 +415%
JP Morgan Chase
22
JP Morgan Chase
New York
$62.5M +$153K +6,884 +0.2%
Balyasny Asset Management
23
Balyasny Asset Management
Illinois
$61.8M +$72.3M +3,251,426 +1,451%
AAM
24
Alpine Associates Management
Florida
$60.9M -$3.14M -141,400 -4%
SCM
25
Segantii Capital Management
Hong Kong
$59.6M -$10.4M -468,000 -12%

FHN Hedge Fund Activity: Q1 2023 in Review

583 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Horizon (FHN) for Q1 2023, worth a combined $7.93B — down 25% from $10.5B a quarter earlier.

Sellers outnumbered buyers: 109 funds closed out of FHN and 84 opened new positions — a net loss of 25 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.

  • 583 institutional investors held First Horizon (FHN) as of Q1 2023, down from 613 in Q4 2022.
  • Funds reported $7.93B of First Horizon stock for Q1 2023, down 25% quarter-over-quarter.
  • 84 funds opened new First Horizon positions in Q1 2023 and 109 closed out, a net change of -25 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.