First Financial Corp
THFF
104 hedge funds and large institutions have $221M invested in First Financial Corp in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 41 increasing their positions, 33 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
24% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 33
2% more funds holding
Funds holding: 102 → 104 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
14% less capital invested
Capital invested by funds: $257M → $221M (-$35.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
+$4.6M |
| 2 |
Renaissance Technologies
New York
|
+$720K |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$593K |
| 4 |
FFC
First Financial Corp
Terre Haute,
Indiana
|
+$467K |
| 5 |
Two Sigma Investments
New York
|
+$386K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$35.9M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$3.88M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.5M |
| 4 |
Millennium Management
New York
|
-$679K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$611K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
101
Denali Advisors
San Diego,
California
| $3K | – | – | – |
|
|
PIA
102
Piedmont Investment Advisors
Durham,
North Carolina
| $2.5K | +$2.41K | +73 | New |
|
103
Loomis, Sayles & Company
Boston,
Massachusetts
| $1K | -$1.16K | -35 | -47% |
|
|
MFS
104
MSI Financial Services
Springfield,
Massachusetts
| $1K | – | – | – |
|
105
Arrowstreet Capital
Boston,
Massachusetts
| – | -$554K | -16,306 | Closed |
|
|
ARTA
106
A.R.T. Advisors
New York
| – | -$376K | -11,098 | Closed |
|
|
RCM
107
Rotella Capital Management
Bellevue,
Washington
| – | -$219K | -6,442 | Closed |
|
|
DIA
108
Denver Investment Advisors
Denver,
Colorado
| – | -$205K | -6,034 | Closed |
|
109
BNP Paribas Financial Markets
Paris,
France
| – | -$72.9K | -2,146 | Closed |
|
|
TRCT
110
Tower Research Capital (TRC)
New York
| – | -$28K | -821 | Closed |
|
111
Axa
Paris,
France
| – | -$3K | -100 | Closed |
|
|
PCM
112
Prelude Capital Management
New York
| – | -$3K | -90 | Closed |
|
THFF Hedge Fund Activity: Q1 2016 in Review
104 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Financial Corp (THFF) for Q1 2016, worth a combined $221M — down 14% from $257M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new THFF positions and 8 closed out — a net gain of 2 holders — while 41 added to existing stakes and 33 trimmed.
The largest buyer was Stadium Capital Management, adding an estimated $4.6M. The largest seller was PNC Financial Services Group, cutting an estimated $35.9M.
- 104 institutional investors held First Financial Corp (THFF) as of Q1 2016, up from 102 in Q4 2015.
- Funds reported $221M of First Financial Corp stock for Q1 2016, down 14% quarter-over-quarter.
- 10 funds opened new First Financial Corp positions in Q1 2016 and 8 closed out, a net change of +2 holders.
- The largest First Financial Corp buyer in Q1 2016 was Stadium Capital Management, an estimated $4.6M added.
- The largest First Financial Corp seller in Q1 2016 was PNC Financial Services Group, an estimated $35.9M sold.
Based on aggregated 13F filings for Q1 2016.