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 ($28.7m this quarter). Holder counts are more reliable. Shares outstanding: 107.1m as of 2024-10-25, 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 ≈ $248.27. Options: 48 managers hold calls ($4.6bn notional), 46 hold puts ($6.4bn).
Trends to Q3 2024
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 |
| Q1 2024 | 791 |
| Q2 2024 | 907 |
| Q3 2024 | 923 |
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 |
| Q1 2024 | 389 | 347 |
| Q2 2024 | 459 | 394 |
| Q3 2024 | 477 | 380 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $3.0bn | $3.8bn | 1.30 |
| Q1 2024 | $2.5bn | $3.2bn | 1.30 |
| Q2 2024 | $4.3bn | $5.9bn | 1.39 |
| Q3 2024 | $4.6bn | $6.4bn | 1.39 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +904.5k |
| JPMORGAN CHASE & CO | Added | +680.4k |
| Robeco Institutional Asset Management B.V. | Added | +516.8k |
| NORGES BANK | Added | +374.3k |
| HSBC HOLDINGS PLC | Added | +335.9k |
| Alyeska Investment Group, L.P. | New | +317.3k |
| Merewether Investment Management, LP | Added | +293.4k |
| Anomaly Capital Management, LP | Added | +251.4k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | Added | +216.6k |
| Invesco Ltd. | Added | +215.1k |
Biggest sellers
| Balyasny Asset Management L.P. | Reduced | -608.1k |
| Park West Asset Management LLC | Reduced | -371.6k |
| Egerton Capital (UK) LLP | Reduced | -361.7k |
| Qube Research & Technologies Ltd | Sold out | -341.9k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -334.3k |
| D. E. Shaw & Co., Inc. | Reduced | -325.2k |
| FMR LLC | Reduced | -301.9k |
| Quadrature Capital Ltd | Reduced | -261.9k |
| LORD, ABBETT & CO. LLC | Sold out | -200.0k |
| WORLDQUANT MILLENNIUM ADVISORS LLC | Sold out | -195.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.2bn4.8m shares |
| JANE STREET GROUP, LLC | Reduced | $946.6m3.8m shares |
| CITADEL ADVISORS LLC | Added | $590.6m2.4m shares |
| GROUP ONE TRADING LLC | Added | $409.9m1.6m shares |
| Walleye Trading LLC | Added | $260.8m1.0m shares |
| D. E. Shaw & Co., Inc. | Reduced | $173.7m696.3k shares |
| IMC-Chicago, LLC | Reduced | $159.4m639.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $83.6m335.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $81.6m319.0k shares |
| PEAK6 Investments LLC | Reduced | $68.3m273.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.9bn7.5m shares |
| JANE STREET GROUP, LLC | Reduced | $1.8bn7.1m shares |
| CITADEL ADVISORS LLC | Reduced | $715.5m2.9m shares |
| Walleye Trading LLC | Added | $265.8m1.1m shares |
| D. E. Shaw & Co., Inc. | Reduced | $249.1m998.5k shares |
| GROUP ONE TRADING LLC | Added | $248.1m994.5k shares |
| JPMORGAN CHASE & CO | Added | $214.8m861.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $138.5m555.3k shares |
| IMC-Chicago, LLC | Reduced | $137.3m550.5k shares |
| SAMLYN CAPITAL, LLC | New | $75.6m303.0k 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 Q3 2024
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 |
|---|---|---|---|---|---|
| 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 |
| Q1 2024 | 0 | — | 6 | $8.2m | $7.1m |
| Q2 2024 | 0 | — | 12 | $26.1m | $20.5m |
| Q3 2024 | 0 | — | 2 | $2.4m | $2.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-08-13 | Buehler Patrick James Chief Product Officer | Sold plan | $1.9m8.6k shares |
| 2024-08-12 | Jeffers Byron Michael VP - Global Controller and CAO | Sold plan | $110.0k500 shares |
| 2024-08-07 | Jeffers Byron Michael VP - Global Controller and CAO | Sold plan | $382.3k1.8k 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, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.06% of their portfolio | 12.7m $3.2bn | Added +207.6k |
| BlackRock, Inc. 0.06% of their portfolio | 11.1m $2.8bn | First filing |
| STATE STREET CORP 0.05% of their portfolio | 5.0m $1.2bn | Added +109.0k |
| FMR LLC 0.06% of their portfolio | 4.0m $994.7m | Reduced -301.9k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 3.5m $864.6m | Added +680.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 2.6m $647.4m | Added +24.1k |
| Capital Research Global Investors 0.12% of their portfolio | 2.4m $596.0m | Added +1.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.09% of their portfolio | 2.1m $523.2m | Added +904.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.49% of their portfolio | 1.9m $475.9m | Reduced -334.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 1.08% of their portfolio | 1.7m $435.0m | Added +15.9k |
| NORGES BANK 0.06% of their portfolio | 1.7m $433.0m | Added +374.3k |
| Invesco Ltd. 0.08% of their portfolio | 1.6m $401.9m | Added +215.1k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.42% of their portfolio | 1.6m $401.8m | Added +23.0k |
| MORGAN STANLEY 0.03% of their portfolio | 1.6m $394.6m | Added +153.0k |
| Amundi 0.12% of their portfolio | 1.4m $324.2m | Added +67.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.09% of their portfolio | 1.3m $331.9m | Added +90.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.32% of their portfolio | 1.3m $312.9m | Reduced -13.8k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 1.1m $273.3m | Added +144.8k |
| DEUTSCHE BANK AG\ 0.10% of their portfolio | 1.0m $250.5m | Added +89.3k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 988.1k $246.5m | Added +192.7k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 955.4k $238.3m | Reduced -47.8k |
| SAMLYN CAPITAL, LLC 3.70% of their portfolio | 917.7k $228.9m | Reduced -150.3k |
| Nuveen Asset Management, LLC 0.06% of their portfolio | 889.0k $221.7m | Added +85.8k |
| Legal & General Group Plc 0.05% of their portfolio | 766.5k $191.2m | Added +59.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 716.1k $178.6m | Added +34.7k |
| Clean Energy Transition LLP 18.98% of their portfolio | 686.7k $171.3m | Added +188.2k |
| Polar Capital Holdings Plc 0.95% of their portfolio | 673.8k $168.1m | Added +210.0k |
| HSBC HOLDINGS PLC 0.10% of their portfolio | 650.0k $162.8m | Added +335.9k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 647.9k $161.6m | Reduced -4.5k |
| UBS Group AG 0.04% of their portfolio | 626.9k $156.4m | Added +31.6k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 550.3k $137.3m | Reduced -64.3k |
| Robeco Institutional Asset Management B.V. 0.27% of their portfolio | 546.2k $136.2m | Added +516.8k |
| DekaBank Deutsche Girozentrale 0.25% of their portfolio | 524.2k $134.5m | Added +23.4k |
| Robeco Schweiz AG 2.32% of their portfolio | 496.2k $123.8m | Reduced -9.5k |
| Anomaly Capital Management, LP 4.35% of their portfolio | 489.8k $122.2m | Added +251.4k |
| BARCLAYS PLC 0.05% of their portfolio | 471.5k $117.6m | Added +84.3k |
| JANE STREET GROUP, LLC 0.19% of their portfolio | 467.3k $116.6m | Reduced -11.2k |
| Hill City Capital, LP 7.58% of their portfolio | 460.0k $114.7m | Unchanged |
| Aberdeen Group plc 0.20% of their portfolio | 436.2k $110.3m | Added +56.8k |
| Southpoint Capital Advisors LP 2.36% of their portfolio | 400.0k $99.8m | Unchanged |
| Egerton Capital (UK) LLP 0.88% of their portfolio | 348.2k $86.8m | Reduced -361.7k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.26% of their portfolio | 344.6k $85.9m | Reduced -86.6k |
| Merewether Investment Management, LP 3.71% of their portfolio | 322.9k $80.6m | Added +293.4k |
| Alyeska Investment Group, L.P. 0.40% of their portfolio | 317.3k $79.2m | New |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC 1.65% of their portfolio | 315.0k $78.6m | Reduced -11.7k |
| Swiss National Bank 0.05% of their portfolio | 301.8k $75.3m | Added +700 |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 298.6k $74.5m | Reduced -11.3k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.21% of their portfolio | 269.8k $67.3m | Reduced -11.0k |
| Erste Asset Management GmbH 0.81% of their portfolio | 264.5k $67.7m | Added +34.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 244.1k $60.9m | Added +14.6k |
| D. E. Shaw & Co., Inc. 0.08% of their portfolio | 241.0k $60.1m | Reduced -325.2k |
| Verition Fund Management LLC 0.40% of their portfolio | 238.6k $59.5m | Added +174.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.10% of their portfolio | 230.3k $57.4m | Reduced -86.9k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 226.4k $56.5m | Added +62.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 225.7k $56.3m | Reduced -52.7k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 217.5k $872 | Added +216.6k |
| AQR CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 216.2k $53.9m | Added +53.4k |
| APG Asset Management N.V. 0.32% of their portfolio | 212.9k $47.6m | Reduced -87.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 210.5k $52.5m | Added +36.6k |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 210.1k $52.4m | Reduced -4.9k |
| Allianz Asset Management GmbH 0.08% of their portfolio | 203.0k $50.6m | Reduced -22.9k |
| Vontobel Holding Ltd. 0.16% of their portfolio | 196.9k $49.1m | Added +30.5k |
| National Pension Service 0.04% of their portfolio | 185.9k $46.4m | Added +11.7k |
| California Public Employees Retirement System 0.03% of their portfolio | 182.4k $45.5m | Added +39.0k |
| STOREBRAND ASSET MANAGEMENT AS 0.14% of their portfolio | 181.6k $45.3m | Reduced -10.6k |
| Handelsbanken Fonder AB 0.18% of their portfolio | 178.3k $44.5m | Added +95.2k |
| STRS OHIO 0.17% of their portfolio | 176.8k $44.1m | Added +29.3k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 176.6k $44.1m | Added +16.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 173.1k $43.2m | Added +2.0k |
| TODD ASSET MANAGEMENT LLC 0.99% of their portfolio | 170.4k $42.5m | Added +68.9k |
| CITIGROUP INC 0.04% of their portfolio | 170.0k $42.4m | Added +5.9k |
| ABN AMRO Bank N.V. 0.57% of their portfolio | 169.6k $41.9m | Added +6.8k |
| ABN AMRO INVESTMENT SOLUTIONS 0.70% of their portfolio | 161.5k $40.3m | Added +15.2k |
| TRILLIUM ASSET MANAGEMENT, LLC 0.98% of their portfolio | 160.1k $39.9m | Reduced -7.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.09% of their portfolio | 156.1k $38.9m | Reduced -14.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 150.8k $37.6m | Reduced -33.4k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 1.69% of their portfolio | 150.6k $37.6m | Unchanged |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.04% of their portfolio | 147.0k $36.7m | Added +5.6k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 140.2k $35.0m | Reduced -59.3k |
| UniSuper Management Pty Ltd 0.26% of their portfolio | 139.3k $34.7m | Reduced -4.8k |
| Avalon Trust Co 2.54% of their portfolio | 137.9k $34.4m | Reduced -735 |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 137.6k $35.2m | Reduced -5.2k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 131.6k $27.6m | Added +12.4k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 126.8k $31.6m | Reduced -61.9k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 126.3k $31.5m | Added +36.0k |
| Bank Julius Baer & Co. Ltd, Zurich 0.11% of their portfolio | 124.3k $32.5m | Added +1.4k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.27% of their portfolio | 122.8k $30.6m | Added +46.5k |
| Guinness Asset Management LTD 0.57% of their portfolio | 120.8k $30.2m | Reduced -11.2k |
| AVIVA PLC 0.08% of their portfolio | 120.2k $30.0m | Reduced -17.2k |
| MIZUHO SECURITIES USA LLC 0.04% of their portfolio | 113.9k $3.9m | Added +105.7k |
| NATIONAL BANK OF CANADA /FI/ 0.04% of their portfolio | 112.7k $28.1m | Added +28.2k |
| Swedbank AB 0.04% of their portfolio | 112.1k $28.0m | Reduced -12.4k |
| Caisse de depot et placement du Quebec 0.05% of their portfolio | 108.9k $27.2m | Reduced -2.9k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.27% of their portfolio | 106.9k $26.7m | Reduced -67.4k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 105.8k $26.4m | Added +22.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 104.4k $26.0m | Added +10.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.05% of their portfolio | 102.9k $25.7m | Reduced -1.4k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio | 100.9k $25.2m | Reduced -1.8k |
| Senator Investment Group LP 1.18% of their portfolio | 100.0k $24.9m | Reduced -27.0k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 98.6k $24.6m | Added +41.3k |