Financial Institutions
FISI
111 hedge funds and large institutions have $301M invested in Financial Institutions in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 51 increasing their positions, 31 reducing their positions, and 8 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 31
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
1.2% more ownership
Funds ownership: 61.72% → 62.92% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 112 → 111 (-1)
2% less capital invested
Capital invested by funds: $306M → $301M (-$5.11M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$37.7M |
| 2 |
JP Morgan Chase
New York
|
+$7.08M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$1.99M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$1.94M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Clover Partners
Dallas,
Texas
|
-$9.42M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$4.54M |
| 3 |
Millennium Management
New York
|
-$1.55M |
| 4 |
HCM
Highbridge Capital Management
New York
|
-$1.18M |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$944K |
FISI Hedge Fund Activity: Q1 2017 in Review
111 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q1 2017, worth a combined $301M — down 1.7% from $306M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FISI positions and 8 closed out — a net gain of 5 holders — while 51 added to existing stakes and 31 trimmed.
The largest buyer was BlackRock, adding an estimated $37.7M. The largest seller was Clover Partners, exiting entirely with an estimated $9.42M sold.
- 111 institutional investors held Financial Institutions (FISI) as of Q1 2017, down from 112 in Q4 2016.
- Funds reported $301M of Financial Institutions stock for Q1 2017, down 1.7% quarter-over-quarter.
- 13 funds opened new Financial Institutions positions in Q1 2017 and 8 closed out, a net change of +5 holders.
- The largest Financial Institutions buyer in Q1 2017 was BlackRock, an estimated $37.7M added.
- The largest Financial Institutions seller in Q1 2017 was Clover Partners, an estimated $9.42M sold.
Based on aggregated 13F filings for Q1 2017.