Financial Institutions
FISI
84 hedge funds and large institutions have $240M invested in Financial Institutions in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 30 increasing their positions, 29 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
13% more capital invested
Capital invested by funds: $212M → $240M (+$28M)
8% more funds holding
Funds holding: 78 → 84 (+6)
3% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 29
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Clover Partners
Dallas,
Texas
|
+$5.97M |
| 2 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
+$1.95M |
| 3 |
B
Bailard
Foster City,
California
|
+$1.14M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$813K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$674K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.31M |
| 2 |
Morgan Stanley
New York
|
-$2.8M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.59M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.37M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$990K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
UBS Group
Zurich,
Switzerland
| $22K | +$5.19K | +195 | +33% |
|
|
MFS
77
MSI Financial Services
Springfield,
Massachusetts
| $16K | +$3.17K | +119 | +26% |
|
|
LTFS
78
Ladenburg Thalmann Financial Services
Miami,
Florida
| $14K | – | – | – |
|
79
Fifth Third Bancorp
Cincinnati,
Ohio
| $13K | -$586 | -22 | -5% |
|
80
BlackRock
New York
| $12K | – | – | – |
|
|
PAM
81
Panagora Asset Management
Boston,
Massachusetts
| $11K | – | – | – |
|
82
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | -$14.8K | -556 | -95% |
|
83
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $359 | – | – | – |
|
|
BMCMI
84
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
| – | -$1.64M | -66,363 | Closed |
|
|
DRZID
85
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
| – | -$990K | -39,969 | Closed |
|
|
WA
86
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$944K | -38,078 | Closed |
|
87
Barclays
London,
United Kingdom
| – | -$2K | -74 | Closed |
|
|
IA
88
IFP Advisors
Tampa,
Florida
| – | +$106 | +4 | New |
|
FISI Hedge Fund Activity: Q4 2015 in Review
84 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q4 2015, worth a combined $240M — up 13% from $212M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FISI positions and 4 closed out — a net gain of 6 holders — while 30 added to existing stakes and 29 trimmed.
The largest buyer was Clover Partners, adding an estimated $5.97M. The largest seller was Ameriprise, cutting an estimated $3.31M.
- 84 institutional investors held Financial Institutions (FISI) as of Q4 2015, up from 78 in Q3 2015.
- Funds reported $240M of Financial Institutions stock for Q4 2015, up 13% quarter-over-quarter.
- 10 funds opened new Financial Institutions positions in Q4 2015 and 4 closed out, a net change of +6 holders.
- The largest Financial Institutions buyer in Q4 2015 was Clover Partners, an estimated $5.97M added.
- The largest Financial Institutions seller in Q4 2015 was Ameriprise, an estimated $3.31M sold.
Based on aggregated 13F filings for Q4 2015.