Institutional investors take new positions in Regions Financial and First Horizon

Recent SEC filings reveal significant institutional investment activity in the banking sector. Vise Technologies Inc. acquired a new stake in Regions Financial Corporation during the second quarter, purchasing 69,639 shares valued at approximately $2,103,000.

In a separate move, William Blair Investment Management LLC established a position in First Horizon Corporation during the second quarter. The firm purchased 4,808,223 shares, an investment valued at roughly $123,283,000, representing approximately 1.01% ownership of the financial services provider.