Financial Institutions
FISI
82 hedge funds and large institutions have $203M invested in Financial Institutions in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 31 increasing their positions, 29 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
8% more funds holding
Funds holding: 76 → 82 (+6)
7% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 29
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $215M → $203M (-$12.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$5.03M |
| 2 |
CP
Clover Partners
Dallas,
Texas
|
+$2.28M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.44M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$921K |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$556K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$5.36M |
| 2 |
AIS
AlphaOne Investment Services
West Chester,
Pennsylvania
|
-$801K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$689K |
| 4 |
AG
Algert Global
San Francisco,
California
|
-$590K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$539K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Schroder Investment Management Group
London,
United Kingdom
| $9.21K | +$8.9K | +400 | New |
|
77
BNP Paribas Financial Markets
Paris,
France
| $2.66K | -$3.29K | -148 | -56% |
|
|
DA
78
Denali Advisors
San Diego,
California
| $2K | +$2.22K | +100 | New |
|
79
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | +$1.33K | +60 | New |
|
80
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $277 | +$13.6K | +610 | +5% |
|
|
AG
81
Algert Global
San Francisco,
California
| – | -$590K | -23,869 | Closed |
|
|
MAM
82
Martingale Asset Management
Boston,
Massachusetts
| – | -$386K | -15,602 | Closed |
|
|
SSG
83
Summit Securities Group
New York
| – | +$22 | +1 | New |
|
FISI Hedge Fund Activity: Q1 2014 in Review
82 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q1 2014, worth a combined $203M — down 5.6% from $215M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FISI positions and 2 closed out — a net gain of 6 holders — while 31 added to existing stakes and 29 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $5.03M. The largest seller was Bryn Mawr Capital Management Inc, cutting an estimated $5.36M.
- 82 institutional investors held Financial Institutions (FISI) as of Q1 2014, up from 76 in Q4 2013.
- Funds reported $203M of Financial Institutions stock for Q1 2014, down 5.6% quarter-over-quarter.
- 8 funds opened new Financial Institutions positions in Q1 2014 and 2 closed out, a net change of +6 holders.
- The largest Financial Institutions buyer in Q1 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $5.03M added.
- The largest Financial Institutions seller in Q1 2014 was Bryn Mawr Capital Management Inc, an estimated $5.36M sold.
Based on aggregated 13F filings for Q1 2014.