Finance of America Companies
FOA
23 hedge funds and large institutions have $55.9M invested in Finance of America Companies in 2024 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 32 closing their positions.
127% more capital invested
Capital invested by funds: $24.7M → $55.9M (+$31.2M)
43.59% more ownership
Funds ownership: 5.04% → 48.64% (+44%)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
55% less funds holding
Funds holding: 51 → 23 (-28)
88% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 32
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $15K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CLG
Cooperman Leon G
|
+$3.1M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$283K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$97K |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$59.5K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$35.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$1.65M |
| 2 |
Goldman Sachs
New York
|
-$260K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$202K |
| 4 |
YIH
Y-Intercept (HK)
Hong Kong
|
-$125K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$123K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
51
Wolverine Asset Management
Chicago,
Illinois
| – | -$4.95K | -1,005 | Closed |
|
52
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -563 | Closed |
|
53
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$1.34K | -272 | Closed |
|
54
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -170 | Closed |
|
|
IA
55
IFP Advisors
Tampa,
Florida
| – | -$89 | -18 | Closed |
|
FOA Hedge Fund Activity: Q3 2024 in Review
23 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Finance of America Companies (FOA) for Q3 2024, worth a combined $55.9M — up 127% from $24.7M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of FOA and 4 opened new positions — a net loss of 28 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was Cooperman Leon G, adding an estimated $3.1M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $1.65M sold.
- 23 institutional investors held Finance of America Companies (FOA) as of Q3 2024, down from 51 in Q2 2024.
- Funds reported $55.9M of Finance of America Companies stock for Q3 2024, up 127% quarter-over-quarter.
- 4 funds opened new Finance of America Companies positions in Q3 2024 and 32 closed out, a net change of -28 holders.
- The largest Finance of America Companies buyer in Q3 2024 was Cooperman Leon G, an estimated $3.1M added.
- The largest Finance of America Companies seller in Q3 2024 was Adage Capital Partners, an estimated $1.65M sold.
Based on aggregated 13F filings for Q3 2024.