First Financial Corp
THFF
123 hedge funds and large institutions have $270M invested in First Financial Corp in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 41 increasing their positions, 45 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
1.58% more ownership
Funds ownership: 56.56% → 58.14% (+1.6%)
1% more funds holding
Funds holding: 122 → 123 (+1)
9% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 45
24% less capital invested
Capital invested by funds: $355M → $270M (-$84.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
+$7.03M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$2.94M |
| 3 |
PCTC
Perkins Coie Trust Company
Seattle,
Washington
|
+$1.83M |
| 4 |
FFC
First Financial Corp
Terre Haute,
Indiana
|
+$1.56M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.79M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.44M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.13M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.1M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$937K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EGM
126
Engineers Gate Manager
New York
| – | -$273K | -5,962 | Closed |
|
|
BFIM
127
Beese Fulmer Investment Management
Canton,
Ohio
| – | -$258K | -5,634 | Closed |
|
128
UBS AM
Chicago,
Illinois
| – | -$219K | -4,800 | Closed |
|
|
RA
129
Royce & Associates
New York
| – | -$48K | -1,056 | Closed |
|
|
BBHC
130
Brown Brothers Harriman & Co
New York
| – | -$11K | -230 | Closed |
|
THFF Hedge Fund Activity: Q1 2020 in Review
123 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Financial Corp (THFF) for Q1 2020, worth a combined $270M — down 24% from $355M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new THFF positions and 8 closed out — a net gain of 3 holders — while 41 added to existing stakes and 45 trimmed.
The largest buyer was Stadium Capital Management, opening a new position worth an estimated $7.03M. The largest seller was Millennium Management, exiting entirely with an estimated $2.79M sold.
- 123 institutional investors held First Financial Corp (THFF) as of Q1 2020, up from 122 in Q4 2019.
- Funds reported $270M of First Financial Corp stock for Q1 2020, down 24% quarter-over-quarter.
- 11 funds opened new First Financial Corp positions in Q1 2020 and 8 closed out, a net change of +3 holders.
- The largest First Financial Corp buyer in Q1 2020 was Stadium Capital Management, an estimated $7.03M added.
- The largest First Financial Corp seller in Q1 2020 was Millennium Management, an estimated $2.79M sold.
Based on aggregated 13F filings for Q1 2020.