First Financial Corp
THFF
127 hedge funds and large institutions have $333M invested in First Financial Corp in 2020 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 57 increasing their positions, 30 reducing their positions, and 9 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 30
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
32% more capital invested
Capital invested by funds: $252M → $333M (+$80.5M)
3.87% more ownership
Funds ownership: 58.65% → 62.52% (+3.9%)
3% more funds holding
Funds holding: 123 → 127 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
+$4.92M |
| 2 |
FFC
First Financial Corp
Terre Haute,
Indiana
|
+$2.16M |
| 3 |
BlackRock
New York
|
+$1.88M |
| 4 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$1.68M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$1.45M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$1.02M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
-$874K |
| 4 |
ONB
Old National Bancorp
Evansville,
Indiana
|
-$730K |
| 5 |
Renaissance Technologies
New York
|
-$596K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
126
Meeder Asset Management
Dublin,
Ohio
| – | -$283K | -9,009 | Closed |
|
|
BPM
127
Bowling Portfolio Management
Cincinnati,
Ohio
| – | -$237K | -7,542 | Closed |
|
|
FCM
128
FJ Capital Management
Mclean,
Virginia
| – | -$213K | -7,000 | Closed |
|
|
EC
129
EJF Capital
Arlington,
Virginia
| – | -$219K | -6,988 | Closed |
|
|
PFO
130
Pathstone Family Office
Englewood,
New Jersey
| – | -$207K | -6,610 | Closed |
|
131
State of Tennessee, Department of Treasury
Nashville,
Tennessee
| – | -$85K | -2,709 | Closed |
|
|
DA
132
Denali Advisors
San Diego,
California
| – | -$38K | -1,200 | Closed |
|
|
GT
133
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$6K | -238 | Closed |
|
134
Osaic Holdings
Scottsdale,
Arizona
| – | -$5K | -155 | Closed |
|
THFF Hedge Fund Activity: Q4 2020 in Review
127 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Financial Corp (THFF) for Q4 2020, worth a combined $333M — up 32% from $252M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new THFF positions and 9 closed out — a net gain of 4 holders — while 57 added to existing stakes and 30 trimmed.
The largest buyer was Stadium Capital Management, adding an estimated $4.92M. The largest seller was Martingale Asset Management, cutting an estimated $1.45M.
- 127 institutional investors held First Financial Corp (THFF) as of Q4 2020, up from 123 in Q3 2020.
- Funds reported $333M of First Financial Corp stock for Q4 2020, up 32% quarter-over-quarter.
- 13 funds opened new First Financial Corp positions in Q4 2020 and 9 closed out, a net change of +4 holders.
- The largest First Financial Corp buyer in Q4 2020 was Stadium Capital Management, an estimated $4.92M added.
- The largest First Financial Corp seller in Q4 2020 was Martingale Asset Management, an estimated $1.45M sold.
Based on aggregated 13F filings for Q4 2020.