Lionstone Capital Management’s FirstService FSV Stock Holding History
Bought
Maintained
Sold
| Quarter | Market Value | Status | Shares |
Change in Stake | Trade Value | Portfolio Weight | Portfolio Position | |
|---|---|---|---|---|---|---|---|---|
|
2026
Q1 | $36.4M | Buy |
261,955
+16,235
| +7% | +$2.47M | 8.81% | 6 |
|
|
2025
Q4 | $38.2M | Buy |
245,720
+29,520
| +14% | +$4.8M | 8.83% | 6 |
|
|
2025
Q3 | $41.2M | Hold |
216,200
| – | – | 9.63% | 4 |
|
|
2025
Q2 | $37.8M | Hold |
216,200
| – | – | 9.07% | 7 |
|
|
2025
Q1 | $35.9M | Hold |
216,200
| – | – | 9.92% | 6 |
|
|
2024
Q4 | $39.1M | Hold |
216,200
| – | – | 10.02% | 6 |
|
|
2024
Q3 | $39.4M | Hold |
216,200
| – | – | 10.63% | 6 |
|
|
2024
Q2 | $32.9M | Hold |
216,200
| – | – | 8.41% | 6 |
|
|
2024
Q1 | $35.8M | Hold |
216,200
| – | – | 9.08% | 5 |
|
|
2023
Q4 | $35M | Hold |
216,200
| – | – | 9.66% | 6 |
|
|
2023
Q3 | $31.5M | Hold |
216,200
| – | – | 9.81% | 5 |
|
|
2023
Q2 | $33.3M | Hold |
216,200
| – | – | 9.85% | 6 |
|
|
2023
Q1 | $30.5M | Hold |
216,200
| – | – | 10.38% | 5 |
|
|
2022
Q4 | $26.5M | Buy |
216,200
+38,929
| +22% | +$4.82M | 9.47% | 7 |
|
|
2022
Q3 | $21.1M | Hold |
177,271
| – | – | 8.79% | 7 |
|
|
2022
Q2 | $21.5M | Buy |
177,271
+14,265
| +9% | +$1.8M | 7.68% | 7 |
|
|
2022
Q1 | $23.6M | Hold |
163,006
| – | – | 7.01% | 6 |
|
|
2021
Q4 | $32M | Hold |
163,006
| – | – | 7.79% | 6 |
|
|
2021
Q3 | $29.4M | Sell |
163,006
-11,000
| -6% | -$2.03M | 7.7% | 4 |
|
|
2021
Q2 | $29.8M | Hold |
174,006
| – | – | 7.27% | 5 |
|
|
2021
Q1 | $25.8M | Hold |
174,006
| – | – | 6.59% | 5 |
|
|
2020
Q4 | $23.8M | Sell |
174,006
-22,375
| -11% | -$3.01M | 7.04% | 3 |
|
|
2020
Q3 | $25.9M | Hold |
196,381
| – | – | 9.5% | 2 |
|
|
2020
Q2 | $19.8M | Hold |
196,381
| – | – | 8.39% | 3 |
|
|
2020
Q1 | $15.1M | Buy |
196,381
+39,363
| +25% | +$3.77M | 9.76% | 2 |
|
|
2019
Q4 | $14.6M | Hold |
157,018
| – | – | 6.98% | 8 |
|
|
2019
Q3 | $16.1M | Sell |
157,018
-25,000
| -14% | -$2.55M | 7.5% | 7 |
|
|
2019
Q2 | $17.5M | Sell |
182,018
-19,500
| -10% | -$1.76M | 7.78% | 7 |
|
|
2019
Q1 | $18M | Sell |
201,518
-46,800
| -19% | -$3.85M | 8.21% | 7 |
|
|
2018
Q4 | $17M | Hold |
248,318
| – | – | 8.26% | 6 |
|
|
2018
Q3 | $21M | Sell |
248,318
-32,900
| -12% | -$2.73M | 8.6% | 6 |
|
|
2018
Q2 | $21.4M | Sell |
281,218
-50,876
| -15% | -$3.65M | 9.1% | 4 |
|
|
2018
Q1 | $24.3M | Hold |
332,094
| – | – | 11.03% | 2 |
|
|
2017
Q4 | $23.2M | Sell |
332,094
-34,100
| -9% | -$2.35M | 10.96% | 3 |
|
|
2017
Q3 | $24.1M | Sell |
366,194
-85,873
| -19% | -$5.61M | 11.34% | 2 |
|
|
2017
Q2 | $29M | Sell |
452,067
-72,000
| -14% | -$4.47M | 14.76% | 1 |
|
|
2017
Q1 | $31.7M | Sell |
524,067
-62,000
| -11% | -$3.34M | 18.23% | 1 |
|
|
2016
Q4 | $27.8M | Hold |
586,067
| – | – | 16.22% | 1 |
|
|
2016
Q3 | $27.3M | Hold |
586,067
| – | – | 16.73% | 1 |
|
|
2016
Q2 | $26.8M | Sell |
586,067
-89,193
| -13% | -$4M | 16.57% | 1 |
|
|
2016
Q1 | $27.7M | Sell |
675,260
-53,000
| -7% | -$2.01M | 16.75% | 2 |
|
|
2015
Q4 | $29.4M | Hold |
728,260
| – | – | 15.71% | 1 |
|
|
2015
Q3 | $23.5M | Hold |
728,260
| – | – | 12.32% | 1 |
|
|
2015
Q2 | $20.2M | Buy |
+728,260
| New | +$19.2M | 9.39% | 3 |
|
Other funds holding FSV
OAG
CCA
VCM
Lionstone Capital Management's FSV Position: Q1 2026 in Review
Lionstone Capital Management increased its FirstService (FSV) stake by 6.6% in Q1 2026, buying an estimated $2.47M and bringing the position to 261,955 shares worth $36.4M. The position accounts for 8.81% of the portfolio, ranked #6.
Lionstone Capital Management first reported a position in FSV in Q2 2015 and has held it in 44 quarters since. The position peaked at $41.2M in Q3 2025. 298 funds tracked by Wall St. Rank hold FSV as of Q1 2026.
- Lionstone Capital Management held 261,955 shares of FirstService worth $36.4M as of Q1 2026.
- Lionstone Capital Management bought 16,235 FirstService shares in Q1 2026, an estimated $2.47M.
- FirstService made up 8.81% of Lionstone Capital Management's portfolio in Q1 2026, its #6 holding.
- Lionstone Capital Management first reported a position in FirstService in Q2 2015 and has held it in 44 quarters since.
- Lionstone Capital Management's FirstService position peaked at $41.2M in Q3 2025.
- 298 funds tracked by Wall St. Rank held FirstService as of Q1 2026.
Based on Lionstone Capital Management's 13F filing for Q1 2026, filed 15 May 2026.