First American Corp 13F annual report

First American Corp is an investment fund managing more than $296 billion ran by Lisa Cornehl. There are currently 4 companies in Mrs. Cornehl’s portfolio. The largest investments include Vanguard Index Fds and Vanguard Star Fds, together worth $268 billion.

$296 billion Assets Under Management (AUM)

As of 5th August 2024, First American Corp’s top holding is 310,931 shares of Vanguard Index Fds currently worth over $156 billion and making up 52.5% of the portfolio value. In addition, the fund holds 1,859,385 shares of Vanguard Star Fds worth $112 billion. The third-largest holding is Offerpad Solutions Inc worth $22.6 billion and the next is Compass worth $5.82 billion, with 1,615,778 shares owned.

Currently, First American Corp's portfolio is worth at least $296 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at First American Corp

The First American Corp office and employees reside in Santa Ana, California. According to the last 13-F report filed with the SEC, Lisa Cornehl serves as the Senior Vice President, Chief Legal Officer at First American Corp.

Recent trades

Lisa Cornehl disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%. This leaves the value of the investment at $156 billion and 310,931 shares.

One of the smaller hedge funds

The two most similar investment funds to First American Corp are Gilliland Jeter Wealth Management and Prosperity Consulting. They manage $296 billion and $296 billion respectively.

Lisa Cornehl investment strategy

First American Corp’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Technology — making up 2.0% of the total portfolio value. The fund focuses on investments in the United States as 25.0% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up approximately 0.1% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $1.06 billion.

The complete list of First American Corp trades based on 13F SEC filings

These positions were updated on August 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Vanguard Index Fds	4.97% 310,931	$155,505,921,000	52.52%
Vanguard Star Fds	3.30% 1,859,385	$112,120,916,000	37.87%
Offerpad Solutions Inc	No change 5,119,314	$22,627,368,000	7.64%
Compass, Inc.	No change 1,615,778	$5,816,801,000	1.96%
No transactions found
Showing first 500 out of 4 holdings