We are live on ! Find out more
FISI icon

Financial Institutions
FISI

142 hedge funds and large institutions have $444M invested in Financial Institutions in 2025 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 54 increasing their positions, 39 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 10

38% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 39

11% more funds holding

Funds holding: 128 → 142 (+14)

6% more capital invested

Capital invested by funds: $418M → $444M (+$26.1M)

0.17% more ownership

Funds ownership: 80.87% → 81.04% (+0.17%)

50% less funds holding in top 10

Funds holding in top 10: 4 → 2 (-2)

Holders
142
Holders Change
+14
Holders Change %
+10.94%
% of All Funds
1.86%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
25
Increased
54
Reduced
39
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PCA
PL Capital Advisors
Florida
+$11M
2
ProShare Advisors
ProShare Advisors
Maryland
+$5.96M
3
Wellington Management Group
Wellington Management Group
Massachusetts
+$5M
4
Millennium Management
Millennium Management
New York
+$2.5M
5
Two Sigma Investments
Two Sigma Investments
New York
+$2.34M

Top Sellers

Rank Fund Capital Flow
1
FL
Fourthstone LLC
Missouri
-$14M
2
American Century Companies
American Century Companies
Missouri
-$5.3M
3
CC
Courier Capital
New York
-$3.19M
4
CNBT
Canandaigua National Bank & Trust
New York
-$2.67M
5
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
-$2.23M
Name Holding Trade Value Shares
Change 		Change in
Stake
Northern Trust
26
Northern Trust
Illinois
$4.62M -$91.7K -3,437 -2%
Charles Schwab
27
Charles Schwab
California
$4.57M +$174K +6,534 +4%
LSV Asset Management
28
LSV Asset Management
Illinois
$4.56M -$1.83M -68,537 -29%
BCM
29
Bridgeway Capital Management
Texas
$4.2M +$257K +9,621 +7%
PIP
30
Palisades Investment Partners
California
$3.78M +$16.2K +606 +0.4%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$3.66M -$120K -4,506 -3%
CC
32
Courier Capital
New York
$3.62M -$3.19M -119,515 -47%
MCA
33
Mendon Capital Advisors
Florida
$2.88M -$161K -6,022 -5%
Two Sigma Advisers
34
Two Sigma Advisers
New York
$2.86M +$664K +24,900 +31%
BFC
35
Banc Funds Company
Illinois
$2.83M – – –
CRC
36
Curi RMB Capital
Illinois
$2.72M – – –
AQR Capital Management
37
AQR Capital Management
Connecticut
$2.57M +$192K +7,214 +8%
EF
38
Empowered Funds
Pennsylvania
$2.3M +$257K +9,621 +13%
Arrowstreet Capital
39
Arrowstreet Capital
Massachusetts
$2.26M -$419K -15,687 -16%
Bank of America
40
Bank of America
North Carolina
$2.22M +$789K +29,579 +57%
SBH
41
Segall Bryant & Hamill
Illinois
$1.96M -$12.4K -465 -0.6%
TI
42
Trexquant Investment
Connecticut
$1.9M +$155K +5,801 +9%
Federated Hermes
43
Federated Hermes
Pennsylvania
$1.88M – – –
OSAM
44
O'Shaughnessy Asset Management
Connecticut
$1.69M -$156K -5,838 -9%
New York State Common Retirement Fund
45
New York State Common Retirement Fund
New York
$1.62M – – –
Thrivent Financial for Lutherans
46
Thrivent Financial for Lutherans
Minnesota
$1.45M +$1.15M +42,957 +413%
American Century Companies
47
American Century Companies
Missouri
$1.43M -$5.3M -198,651 -79%
BAM
48
Bayview Asset Management
Florida
$1.36M -$1M -37,584 -43%
CCM
49
Cutler Capital Management
Massachusetts
$1.31M +$10.8K +403 +0.8%
Fidelity Investments
50
Fidelity Investments
Massachusetts
$1.27M +$159K +5,960 +15%
1
2
3 4 5

FISI Hedge Fund Activity: Q3 2025 in Review

142 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q3 2025, worth a combined $444M — up 6.3% from $418M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new FISI positions and 10 closed out — a net gain of 15 holders — while 54 added to existing stakes and 39 trimmed.

The largest buyer was PL Capital Advisors, adding an estimated $11M. The largest seller was Fourthstone LLC, cutting an estimated $14M.

  • 142 institutional investors held Financial Institutions (FISI) as of Q3 2025, up from 128 in Q2 2025.
  • Funds reported $444M of Financial Institutions stock for Q3 2025, up 6.3% quarter-over-quarter.
  • 25 funds opened new Financial Institutions positions in Q3 2025 and 10 closed out, a net change of +15 holders.
  • The largest Financial Institutions buyer in Q3 2025 was PL Capital Advisors, an estimated $11M added.
  • The largest Financial Institutions seller in Q3 2025 was Fourthstone LLC, an estimated $14M sold.

Based on aggregated 13F filings for Q3 2025.