13FPulse
FH

FHN FIRST HORIZON CORP

2026Q2 · CUSIP 320517105 · Sector: Financials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
663
Institutions that reported holding it to the SEC
Net increase in holders
+23
Last quarter 640 → now 663
How unusual is that
Top 20%
Stronger buying than 85% of US stocks
What the filings say, in one paragraph

663 funds held FHN at the end of 2026Q2, up 23 from the quarter before. That is stronger buying than 85.4% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $3.5B(YoY +10.3%), the P/E is 11.6x, return on equity is 11.5%. FHN has had 19 buying rushes in its history, and the price moved +1.4% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Financials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=240 2013Q4: holders=228 2014Q1: holders=230 2014Q2: holders=231 2014Q3: holders=223 2014Q4: holders=238 2015Q1: holders=258 2015Q2: holders=248 2015Q3: holders=244 2015Q4: holders=248 2016Q1: holders=231 2016Q2: holders=245 2016Q3: holders=249 2016Q4: holders=273 2017Q1: holders=274 2017Q2: holders=262 2017Q3: holders=239 2017Q4: holders=317 2018Q1: holders=329 2018Q2: holders=345 2018Q3: holders=322 2018Q4: holders=328 2019Q1: holders=328 2019Q2: holders=329 2019Q3: holders=372 2019Q4: holders=375 2020Q1: holders=379 2020Q2: holders=376 2020Q3: holders=424 2020Q4: holders=465 2021Q1: holders=477 2021Q2: holders=496 2021Q3: holders=493 2021Q4: holders=528 2022Q1: holders=574 2022Q2: holders=548 2022Q3: holders=564 2022Q4: holders=610 2023Q1: holders=585 2023Q2: holders=558 2023Q3: holders=554 2023Q4: holders=547 2024Q1: holders=541 2024Q2: holders=551 2024Q3: holders=558 2024Q4: holders=566 2025Q1: holders=553 2025Q2: holders=558 2025Q3: holders=583 2025Q4: holders=622 2026Q1: holders=640 2026Q2: holders=663 -78 -39 +0 +39 +78 200449697 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 19 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20%
2026Q1 Top 20%
2025Q4 Top 20% -2.4%
2025Q3 Top 20% +22.3% +19.3%
2022Q4 Top 10% -55.3% -47.5%
2022Q3 Top 10% +2.9% -54.5%
2022Q1 Top 5% +5.9% +12.1%
2021Q4 Top 20% +19.2% +26.2%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
244
Change in large funds
+22
Total value they hold
$10.5B
Funds buying for the first time
91
Funds that sold out entirely
68
Price change that quarter
+2.0%
Funds holding puts (bearish)
11
Funds holding calls (bullish)
10

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
11.6
EPS (TTM)
$2.08
EPS YoY
+34.2%
Revenue (TTM)
$3.5B
Revenue YoY
+10.3%
Net margin
29.9%
ROE
11.5%
Debt ratio
88.8%
FCF (TTM)
$1.0B
Dividend (TTM)
$0.64
Quarterly Revenue & EPS
2021-09-30: EPS 0.41 2021-12-31: EPS 0.40 2022-03-31: EPS 0.34 2022-06-30: EPS 0.29 2022-09-30: EPS 0.45 2022-12-31: EPS 0.45 2023-03-31: EPS 0.43 2023-06-30: EPS 0.56 2023-09-30: EPS 0.23 2023-12-31: EPS 0.32 2024-03-31: EPS 0.33 2024-06-30: EPS 0.34 2024-09-30: EPS 0.40 2024-12-31: EPS 0.29 2025-03-31: EPS 0.41 2025-06-30: EPS 0.45 2025-09-30: EPS 0.50 2025-12-31: EPS 0.51 2026-03-31: EPS 0.53 2026-06-30: EPS 0.54 0M 445M 889M $M 0.00 0.31 0.62 201620172018201920212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 13 5 11 16 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-208M310M828M 2023202420252026
Latest quarter $270M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.