Financial Institutions
FISI
103 hedge funds and large institutions have $162M invested in Financial Institutions in 2023 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 43 increasing their positions, 26 reducing their positions, and 19 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 26
0% more funds holding
Funds holding: 103 → 103 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
1.23% less ownership
Funds ownership: 68.01% → 66.79% (-1.2%)
15% less capital invested
Capital invested by funds: $191M → $162M (-$29.3M)
97% less call options, than puts
Call options by funds: $3K | Put options by funds: $116K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.67M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.85M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.6M |
| 4 |
Two Sigma Investments
New York
|
+$1.39M |
| 5 |
Two Sigma Advisers
New York
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.1M |
| 2 |
State Street
Boston,
Massachusetts
|
-$3.1M |
| 3 |
BCM
BHZ Capital Management
San Jose,
California
|
-$2.83M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.72M |
| 5 |
RA
Royce & Associates
New York
|
-$1.63M |
FISI Hedge Fund Activity: Q2 2023 in Review
103 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q2 2023, worth a combined $162M — down 15% from $191M a quarter earlier.
Fund positioning in FISI was balanced in Q2 2023: 19 funds opened new positions, 19 closed out, 43 added to existing stakes and 26 trimmed.
The largest buyer was Millennium Management, adding an estimated $2.67M. The largest seller was Fidelity Investments, cutting an estimated $12.1M.
- 103 institutional investors held Financial Institutions (FISI) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $162M of Financial Institutions stock for Q2 2023, down 15% quarter-over-quarter.
- 19 funds opened new Financial Institutions positions in Q2 2023 and 19 closed out, a net change of 0 holders.
- The largest Financial Institutions buyer in Q2 2023 was Millennium Management, an estimated $2.67M added.
- The largest Financial Institutions seller in Q2 2023 was Fidelity Investments, an estimated $12.1M sold.
Based on aggregated 13F filings for Q2 2023.