FIRST SOLAR INC FSLR
COM · Common Stock · CUSIP 336433107 · ISIN US3364331070
American company dedicated to the production of photovoltaic modules
- SectorTechnology
- IndustrySemiconductors & Related Devices
- HeadquartersPhoenix, AZ
- Founded1999
- Websitefirstsolar.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($42.9m this quarter). Holder counts are more reliable. Shares outstanding: 106.8m as of 2023-10-27, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $172.15. Options: 40 managers hold calls ($3.0bn notional), 45 hold puts ($3.8bn).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 573 |
| Q4 2022 | 675 |
| Q1 2023 | 730 |
| Q2 2023 | 749 |
| Q3 2023 | 740 |
| Q4 2023 | 781 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 333 | 275 |
| Q1 2023 | 330 | 321 |
| Q2 2023 | 348 | 351 |
| Q3 2023 | 350 | 338 |
| Q4 2023 | 355 | 363 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $3.4bn | $4.3bn | 1.27 |
| Q2 2023 | $2.9bn | $3.7bn | 1.29 |
| Q3 2023 | $2.7bn | $3.2bn | 1.20 |
| Q4 2023 | $3.0bn | $3.8bn | 1.30 |
Biggest buyers
| MORGAN STANLEY | Added | +1.7m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +1.7m |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Added | +907.4k |
| Amundi | Added | +552.6k |
| JANE STREET GROUP, LLC | Added | +375.3k |
| NORGES BANK | Added | +366.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +351.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +347.1k |
| Assenagon Asset Management S.A. | Added | +333.5k |
| Southpoint Capital Advisors LP | New | +300.0k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -2.9m |
| BlackRock Inc. | Reduced | -736.7k |
| Invesco Ltd. | Reduced | -664.4k |
| Alyeska Investment Group, L.P. | Sold out | -609.3k |
| Clean Energy Transition LLP | Reduced | -494.1k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -413.8k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -359.6k |
| BARCLAYS PLC | Reduced | -356.4k |
| CREDIT SUISSE AG/ | Reduced | -275.9k |
| Polar Capital Holdings Plc | Sold out | -267.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $753.0m4.4m shares |
| JANE STREET GROUP, LLC | Reduced | $682.1m4.0m shares |
| CITADEL ADVISORS LLC | Reduced | $370.6m2.2m shares |
| GROUP ONE TRADING LLC | Added | $223.8m1.3m shares |
| IMC-Chicago, LLC | Added | $124.3m721.4k shares |
| SAMLYN CAPITAL, LLC | New | $121.2m703.3k shares |
| D. E. Shaw & Co., Inc. | Reduced | $87.8m509.5k shares |
| GTS SECURITIES LLC | Added | $61.8m359.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $60.3m350.0k shares |
| UBS Group AG | Added | $58.3m338.6k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $1.2bn7.1m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $612.5m3.6m shares |
| CITADEL ADVISORS LLC | Added | $425.5m2.5m shares |
| GROUP ONE TRADING LLC | Added | $219.6m1.3m shares |
| D. E. Shaw & Co., Inc. | Reduced | $197.5m1.1m shares |
| Walleye Trading LLC | Added | $190.5m1.1m shares |
| SIMPLEX TRADING, LLC | Added | $162.2m941.5k shares |
| JPMORGAN CHASE & CO | Added | $146.1m847.8k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $75.8m439.9k shares |
| IMC-Chicago, LLC | Added | $73.6m427.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-07-28 | 11.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.3% |
| SUSQUEHANNA SECURITIES, LLC 13G · institution +1.7 pts · filed 2026-08-14 | 7.0% |
| Citadel Securities GP LLC 13G · passive investor +1.0 pts · filed 2026-10-15 | 6.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.3% |
| STATE STREET CORP 13G · institution new · filed 2026-08-07 | 5.2% |
| JANE STREET GROUP, LLC 13G · institution new · filed 2026-08-13 | 5.1% |
Fell to 5% or below in the last year: FMR LLC (1.7%, 2026-05-06), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2022 | 0 | — | 6 | $3.5m | — |
| Q2 2022 | 0 | — | 5 | $1.7m | — |
| Q3 2022 | 3 | $1.2m | 7 | $4.8m | — |
| Q4 2022 | 0 | — | 1 | $75.4k | — |
| Q1 2023 | 1 | $99.9k | 5 | $8.2m | — |
| Q2 2023 | 0 | — | 4 | $12.2m | $8.0m |
| Q3 2023 | 0 | — | 6 | $7.3m | $7.0m |
| Q4 2023 | 0 | — | 3 | $1.8m | $1.8m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-12-19 | ANTOUN GEORGES Chief Commercial Officer | Sold plan | $422.4k2.4k shares |
| 2023-12-01 | ANTOUN GEORGES Chief Commercial Officer | Sold plan | $379.2k2.4k shares |
| 2023-10-30 | Verma Kuntal Kumar Chief Manufacturing Officer | Sold plan | $233.7k1.6k shares |
| 2023-10-02 | Bradley Alexander R. Chief Financial Officer | Sold plan | $791.1k5.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.06% of their portfolio | 12.6m $2.2bn | Reduced -736.7k |
| VANGUARD GROUP INC 0.05% of their portfolio | 12.2m $2.1bn | Added +111.8k |
| STATE STREET CORP 0.04% of their portfolio | 4.8m $821.0m | Added +225.2k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 3.9m $675.7m | Reduced -2.9m |
| Capital Research Global Investors 0.12% of their portfolio | 2.9m $506.6m | Reduced -2.2k |
| Invesco Ltd. 0.11% of their portfolio | 2.6m $442.5m | Reduced -664.4k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 1.21% of their portfolio | 2.5m $434.5m | Added +907.4k |
| MORGAN STANLEY 0.02% of their portfolio | 2.5m $434.3m | Added +1.7m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.55% of their portfolio | 2.5m $422.9m | Added +351.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 2.4m $417.9m | Added +45.2k |
| FMR LLC 0.03% of their portfolio | 2.4m $405.3m | Reduced -129.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio | 1.9m $331.5m | Reduced -359.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.32% of their portfolio | 1.8m $313.2m | Added +1.7m |
| SAMLYN CAPITAL, LLC 6.71% of their portfolio | 1.8m $308.7m | Reduced -25.1k |
| NORGES BANK 0.05% of their portfolio | 1.7m $298.1m | Added +366.6k |
| Amundi 0.11% of their portfolio | 1.4m $241.2m | Added +552.6k |
| JANE STREET GROUP, LLC 0.25% of their portfolio | 1.2m $207.6m | Added +375.3k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 1.0m $175.8m | Added +16.8k |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 888.0k $153.0m | Added +262.0k |
| Nuveen Asset Management, LLC 0.05% of their portfolio | 825.9k $142.3m | Added +229.4k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 785.4k $135.3m | Added +6.4k |
| DekaBank Deutsche Girozentrale 0.26% of their portfolio | 735.8k $126.3m | Added +132.6k |
| Legal & General Group Plc 0.04% of their portfolio | 726.0k $125.1m | Added +54.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.05% of their portfolio | 701.4k $120.8m | Added +40.2k |
| Clean Energy Transition LLP 11.82% of their portfolio | 692.5k $119.3m | Reduced -494.1k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 684.1k $117.9m | Reduced -27.5k |
| Robeco Schweiz AG 1.86% of their portfolio | 644.0k $110.9m | Reduced -159.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 636.2k $109.6m | Reduced -58.3k |
| D. E. Shaw & Co., Inc. 0.15% of their portfolio | 622.5k $107.2m | Added +262.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 613.9k $105.8m | Added +19.4k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.36% of their portfolio | 548.1k $94.4m | Added +20.9k |
| FIRST TRUST ADVISORS LP 0.10% of their portfolio | 537.7k $92.6m | Reduced -73.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.15% of their portfolio | 500.5k $86.2m | Added +347.1k |
| BARCLAYS PLC 0.04% of their portfolio | 492.2k $84.8m | Reduced -356.4k |
| Hill City Capital, LP 7.00% of their portfolio | 460.0k $79.2m | Added +230.0k |
| AXA S.A. 0.13% of their portfolio | 457.1k $78.7m | Added +244.2k |
| UBS Group AG 0.03% of their portfolio | 401.1k $69.1m | Added +81.3k |
| Assenagon Asset Management S.A. 0.21% of their portfolio | 399.6k $68.9m | Added +333.5k |
| Covalis Capital LLP 10.62% of their portfolio | 379.1k $65.3m | Reduced -29.0k |
| HSBC HOLDINGS PLC 0.06% of their portfolio | 373.3k $64.3m | Added +98.2k |
| CREDIT SUISSE AG/ 0.06% of their portfolio | 363.0k $62.5m | Reduced -275.9k |
| Allianz Asset Management GmbH 0.11% of their portfolio | 354.3k $61.0m | Reduced -74.8k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 350.1k $60.7m | Added +192.2k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.84% of their portfolio | 350.0k $60.3m | Added +73.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 336.3k $57.9m | Added +54.6k |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC 1.33% of their portfolio | 336.1k $57.9m | Added +90.4k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 333.0k $57.4m | Added +212.9k |
| Korea Investment CORP 0.15% of their portfolio | 324.3k $55.9m | Added +33.5k |
| AQR CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 323.6k $55.8m | Added +265.8k |
| Swiss National Bank 0.04% of their portfolio | 317.3k $54.7m | Reduced -9.2k |
| STOREBRAND ASSET MANAGEMENT AS 0.19% of their portfolio | 304.3k $52.4m | Added +4.6k |
| GROUP ONE TRADING LLC 1.65% of their portfolio | 304.0k $52.4m | Added +169.2k |
| Southpoint Capital Advisors LP 1.11% of their portfolio | 300.0k $51.7m | New |
| APG Asset Management N.V. 0.09% of their portfolio | 297.1k $46.3m | Reduced -4.5k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.23% of their portfolio | 296.9k $51.2m | Added +136.0k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 286.0k $49.3m | Reduced -45.6k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 281.4k $48.5m | Added +15.5k |
| Vontobel Holding Ltd. 0.39% of their portfolio | 267.2k $46.0m | Added +32.4k |
| Aberdeen Group plc 0.10% of their portfolio | 266.6k $45.9m | Added +35.4k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 259.1k $44.6m | Reduced -86.8k |
| Guinness Asset Management LTD 0.94% of their portfolio | 250.0k $43.1m | Reduced -695 |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 243.7k $42.0m | Reduced -1.9k |
| Walleye Trading LLC 0.61% of their portfolio | 233.8k $40.3m | Added +149.2k |
| TRILLIUM ASSET MANAGEMENT, LLC 1.07% of their portfolio | 227.4k $39.2m | Added +58.3k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 226.6k $39.0m | Added +60.0k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 214.4k $36.9m | Added +4.4k |
| Candriam S.C.A. 0.25% of their portfolio | 212.4k $36.6m | Added +123.7k |
| Bank Julius Baer & Co. Ltd, Zurich 0.15% of their portfolio | 210.8k $36.3m | Added +202.2k |
| AEGON ASSET MANAGEMENT UK Plc 0.56% of their portfolio | 205.1k $35.3m | First filing |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 204.6k $35.3m | Reduced -413.8k |
| ABN AMRO INVESTMENT SOLUTIONS 0.62% of their portfolio | 203.8k $35.1m | Added +9.8k |
| TWINBEECH CAPITAL LP 0.56% of their portfolio | 199.8k $34.4m | Added +195.8k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.12% of their portfolio | 191.5k $33.0m | Added +282 |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 191.5k $33.0m | Reduced -3.0k |
| Erste Asset Management GmbH 0.48% of their portfolio | 191.1k $33.1m | Added +50.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.13% of their portfolio | 187.8k $32.4m | Added +72.1k |
| National Pension Service 0.04% of their portfolio | 185.4k $31.9m | Unchanged |
| Balyasny Asset Management L.P. 0.09% of their portfolio | 184.2k $31.7m | Reduced -178.6k |
| CITIGROUP INC 0.04% of their portfolio | 179.5k $30.9m | Reduced -15.2k |
| Man Group plc 0.09% of their portfolio | 178.5k $30.8m | New |
| UniSuper Management Pty Ltd 0.31% of their portfolio | 165.2k $28.5m | Added +457 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 165.1k $28.4m | Added +3.0k |
| Bull Oak Capital, LLC 6.88% of their portfolio | 155.4k $26.8m | Added +155.3k |
| ABN AMRO Bank N.V. 0.44% of their portfolio | 154.7k $26.8m | Added +17.3k |
| Park West Asset Management LLC 2.58% of their portfolio | 153.0k $26.4m | New |
| California Public Employees Retirement System 0.02% of their portfolio | 152.3k $26.2m | Reduced -46.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 150.6k $25.9m | Reduced -25.0k |
| SIMPLEX TRADING, LLC 0.76% of their portfolio | 140.8k $24.3m | New |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.34% of their portfolio | 139.5k $24.0m | New |
| Boston Common Asset Management, LLC 0.54% of their portfolio | 138.8k $23.9m | Added +31.1k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.03% of their portfolio | 126.5k $21.8m | Added +21.4k |
| Swedbank AB 0.03% of their portfolio | 123.6k $21.3m | Reduced -8.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 120.4k $20.7m | Reduced -2.8k |
| BW Gestao de Investimentos Ltda. 2.32% of their portfolio | 118.3k $20.4m | New |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 113.7k $19.6m | Reduced -110.6k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 1.06% of their portfolio | 113.6k $19.6m | Reduced -48.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.04% of their portfolio | 112.6k $19.4m | Added +5.8k |
| Triodos Investment Management BV 1.85% of their portfolio | 110.0k $19.0m | Unchanged |
| TOBAM 1.65% of their portfolio | 109.5k $18.9m | Reduced -18.1k |
| Forest Avenue Capital Management LP 6.10% of their portfolio | 104.5k $18.0m | Added +14.3k |