Finance of America Companies
FOA
66 hedge funds and large institutions have $268M invested in Finance of America Companies in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 34 reducing their positions, and 13 closing their positions.
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
1.1% less ownership
Funds ownership: 15.84% → 14.74% (-1.1%)
3% less funds holding
Funds holding: 68 → 66 (-2)
17% less call options, than puts
Call options by funds: $236K | Put options by funds: $285K
28% less capital invested
Capital invested by funds: $371M → $268M (-$102M)
56% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$3.55M |
| 2 |
LFCM
Long Focus Capital Management
San Juan,
Puerto Rico
|
+$2.26M |
| 3 |
KCM
Kawa Capital Management
Hallandale Beach,
Florida
|
+$1.33M |
| 4 |
Renaissance Technologies
New York
|
+$991K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$566K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
-$2.36M |
| 2 |
CAC
Cowen and Company
New York
|
-$1.99M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.21M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$681K |
| 5 |
Two Sigma Investments
New York
|
-$586K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Simplex Trading
Chicago,
Illinois
| – | -$59.3K | -1,702 | Closed |
|
|
GLA
77
Great Lakes Advisors
Chicago,
Illinois
| – | -$41K | -1,045 | Closed |
|
|
SO
78
STRS Ohio
Columbus,
Ohio
| – | -$17K | -430 | Closed |
|
|
PHK
79
Point72 Hong Kong
Hong Kong
| – | -$9K | -229 | Closed |
|
FOA Hedge Fund Activity: Q1 2022 in Review
66 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Finance of America Companies (FOA) for Q1 2022, worth a combined $268M — down 28% from $371M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FOA and 12 opened new positions — a net loss of 1 holder — while 34 trimmed existing stakes and 15 added.
The largest buyer was Adage Capital Partners, adding an estimated $3.55M. The largest seller was Alpine Global Management, cutting an estimated $2.36M.
- 66 institutional investors held Finance of America Companies (FOA) as of Q1 2022, down from 68 in Q4 2021.
- Funds reported $268M of Finance of America Companies stock for Q1 2022, down 28% quarter-over-quarter.
- 12 funds opened new Finance of America Companies positions in Q1 2022 and 13 closed out, a net change of -1 holder.
- The largest Finance of America Companies buyer in Q1 2022 was Adage Capital Partners, an estimated $3.55M added.
- The largest Finance of America Companies seller in Q1 2022 was Alpine Global Management, an estimated $2.36M sold.
Based on aggregated 13F filings for Q1 2022.