Financial Institutions
FISI
116 hedge funds and large institutions have $166M invested in Financial Institutions in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 50 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
3% more funds holding
Funds holding: 113 → 116 (+3)
3.84% less ownership
Funds ownership: 71.28% → 67.44% (-3.8%)
22% less capital invested
Capital invested by funds: $212M → $166M (-$45.8M)
34% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$920K |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$698K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$546K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$470K |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$425K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$3.55M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$2.78M |
| 3 |
BlackRock
New York
|
-$1.53M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$888K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$721K |
FISI Hedge Fund Activity: Q3 2020 in Review
116 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q3 2020, worth a combined $166M — down 22% from $212M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FISI positions and 8 closed out — a net gain of 3 holders — while 33 added to existing stakes and 50 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $920K. The largest seller was Royce & Associates, cutting an estimated $3.55M.
- 116 institutional investors held Financial Institutions (FISI) as of Q3 2020, up from 113 in Q2 2020.
- Funds reported $166M of Financial Institutions stock for Q3 2020, down 22% quarter-over-quarter.
- 11 funds opened new Financial Institutions positions in Q3 2020 and 8 closed out, a net change of +3 holders.
- The largest Financial Institutions buyer in Q3 2020 was Susquehanna International Group, an estimated $920K added.
- The largest Financial Institutions seller in Q3 2020 was Royce & Associates, an estimated $3.55M sold.
Based on aggregated 13F filings for Q3 2020.