Financial Institutions
FISI
106 hedge funds and large institutions have $168M invested in Financial Institutions in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 42 increasing their positions, 41 reducing their positions, and 4 closing their positions.
558% more call options, than puts
Call options by funds: $79K | Put options by funds: $12K
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
3% more funds holding
Funds holding: 103 → 106 (+3)
4% more capital invested
Capital invested by funds: $162M → $168M (+$6.62M)
2% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 41
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.04% less ownership
Funds ownership: 66.79% → 64.75% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Courier Capital
Buffalo,
New York
|
+$1.64M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$897K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$512K |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$455K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$426K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.35M |
| 2 |
Two Sigma Advisers
New York
|
-$1.6M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.58M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.33M |
| 5 |
Two Sigma Investments
New York
|
-$1.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Citigroup
New York
| $2.46K | -$77.6K | -4,412 | -97% |
|
|
C
102
Covestor
London,
United Kingdom
| $2K | -$53 | -3 | -2% |
|
|
GWM
103
Geneos Wealth Management
Englewood,
Colorado
| $1.6K | – | – | – |
|
|
CAL
104
Capital Advisors Ltd
Shaker Heights,
Ohio
| $1K | – | – | – |
|
|
FIA
105
FNY Investment Advisers
New York
| $1K | – | – | – |
|
|
FHA
106
First Horizon Advisors
Memphis,
Tennessee
| $942 | – | – | – |
|
107
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| $118 | – | – | – |
|
|
108
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1.58M | -94,436 | Closed |
|
|
CCIA
109
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$278K | -17,635 | Closed |
|
110
Simplex Trading
Chicago,
Illinois
| – | -$76K | -4,837 | Closed |
|
FISI Hedge Fund Activity: Q3 2023 in Review
106 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q3 2023, worth a combined $168M — up 4.1% from $162M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FISI positions and 4 closed out — a net gain of 4 holders — while 42 added to existing stakes and 41 trimmed.
The largest buyer was Courier Capital, adding an estimated $1.64M. The largest seller was Morgan Stanley, cutting an estimated $2.35M.
- 106 institutional investors held Financial Institutions (FISI) as of Q3 2023, up from 103 in Q2 2023.
- Funds reported $168M of Financial Institutions stock for Q3 2023, up 4.1% quarter-over-quarter.
- 8 funds opened new Financial Institutions positions in Q3 2023 and 4 closed out, a net change of +4 holders.
- The largest Financial Institutions buyer in Q3 2023 was Courier Capital, an estimated $1.64M added.
- The largest Financial Institutions seller in Q3 2023 was Morgan Stanley, an estimated $2.35M sold.
Based on aggregated 13F filings for Q3 2023.