First Horizon’s $250M Volume Ranks 500th as High-Volatility Strategy Surges 166%

On August 1, 2025, First (FHN) traded with a volume of $250 million, a 33.65% increase from the previous day, ranking 500th in market activity. The stock closed down 2.15%.

Bryan D. Jordan, First Horizon’s chairman, president, and CEO, transferred 408,161 shares to family members via a non-cash, intra-family gift transaction on July 31, 2025. The distribution included 1,000 shares to a child and 354,561 shares to his spouse. Jordan’s direct holdings dropped to 826,560 shares from 1.23 million, while indirect ownership via family trusts rose to 1.23 million. Total beneficial ownership remains at approximately 2.06 million shares, with no cash involved in the transfer. Such transactions are typically viewed as neutral for market sentiment, reflecting estate planning or tax considerations rather than signaling a valuation stance.

The strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day delivered a 166.71% return from 2022 to the present. This outperformed the benchmark return of 29.18%, generating an excess return of 137.53%. The consistent high returns underscore the effectiveness of this approach within the current market environment, where rapid liquidity shifts can create substantial trading opportunities.