First Financial Corp
THFF
119 hedge funds and large institutions have $324M invested in First Financial Corp in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 46 increasing their positions, 34 reducing their positions, and 12 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 34
1.21% more ownership
Funds ownership: 54.55% → 55.76% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 127 → 119 (-8)
8% less capital invested
Capital invested by funds: $351M → $324M (-$27.4M)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$36.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.92M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$4.58M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.33M |
| 5 |
Renaissance Technologies
New York
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$1.52M |
| 2 |
FFC
First Financial Corp
Terre Haute,
Indiana
|
-$1.37M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$960K |
| 4 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$887K |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$867K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
126
Virtu KCG Holdings
New York
| – | -$380K | -7,192 | Closed |
|
127
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$255K | -4,823 | Closed |
|
128
Principal Financial Group
Des Moines,
Iowa
| – | -$215K | -4,071 | Closed |
|
|
FNBT
129
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$211K | -4,000 | Closed |
|
130
Creative Planning
Overland Park,
Kansas
| – | -$105K | -1,984 | Closed |
|
131
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -10 | Closed |
|
THFF Hedge Fund Activity: Q1 2017 in Review
119 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in First Financial Corp (THFF) for Q1 2017, worth a combined $324M — down 7.8% from $351M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of THFF and 10 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 46 added.
The largest buyer was BlackRock, adding an estimated $36.4M. The largest seller was Chicago Equity Partners, cutting an estimated $1.52M.
- 119 institutional investors held First Financial Corp (THFF) as of Q1 2017, down from 127 in Q4 2016.
- Funds reported $324M of First Financial Corp stock for Q1 2017, down 7.8% quarter-over-quarter.
- 10 funds opened new First Financial Corp positions in Q1 2017 and 12 closed out, a net change of -2 holders.
- The largest First Financial Corp buyer in Q1 2017 was BlackRock, an estimated $36.4M added.
- The largest First Financial Corp seller in Q1 2017 was Chicago Equity Partners, an estimated $1.52M sold.
Based on aggregated 13F filings for Q1 2017.