Financial Institutions
FISI
100 hedge funds and large institutions have $187M invested in Financial Institutions in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 43 reducing their positions, and 12 closing their positions.
91% more call options, than puts
Call options by funds: $44K | Put options by funds: $23K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.78% less ownership
Funds ownership: 65.21% → 64.43% (-0.78%)
1% less funds holding
Funds holding: 101 → 100 (-1)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
13% less capital invested
Capital invested by funds: $214M → $187M (-$27M)
37% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$4.18M |
| 2 |
CC
Courier Capital
Buffalo,
New York
|
+$2.4M |
| 3 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$2.22M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.28M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.27M |
| 2 |
Millennium Management
New York
|
-$2.47M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.37M |
| 4 |
BlackRock
New York
|
-$1.34M |
| 5 |
Renaissance Technologies
New York
|
-$955K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
101
Quadrature Capital
London,
United Kingdom
| – | -$666K | -31,260 | Closed |
|
102
D.E. Shaw & Co
New York
| – | -$509K | -23,878 | Closed |
|
|
HF
103
HRT Financial
New York
| – | -$429K | -20,144 | Closed |
|
104
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$364K | -17,100 | Closed |
|
|
EGM
105
Engineers Gate Manager
New York
| – | -$263K | -12,336 | Closed |
|
106
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$97.9K | -4,597 | Closed |
|
|
A
107
AJOVista
Boston,
Massachusetts
| – | -$66.2K | -3,107 | Closed |
|
|
MCM
108
Maltese Capital Management
New York
| – | -$53.3K | -2,500 | Closed |
|
|
FIA
109
FNY Investment Advisers
New York
| – | -$2K | -100 | Closed |
|
|
GWM
110
Geneos Wealth Management
Englewood,
Colorado
| – | -$2.02K | -95 | Closed |
|
111
Simplex Trading
Chicago,
Illinois
| – | +$989 | +50 | New |
|
FISI Hedge Fund Activity: Q1 2024 in Review
100 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q1 2024, worth a combined $187M — down 13% from $214M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FISI and 11 opened new positions — a net loss of 1 holder — while 43 trimmed existing stakes and 27 added.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $4.18M. The largest seller was Morgan Stanley, cutting an estimated $3.27M.
- 100 institutional investors held Financial Institutions (FISI) as of Q1 2024, down from 101 in Q4 2023.
- Funds reported $187M of Financial Institutions stock for Q1 2024, down 13% quarter-over-quarter.
- 11 funds opened new Financial Institutions positions in Q1 2024 and 12 closed out, a net change of -1 holder.
- The largest Financial Institutions buyer in Q1 2024 was Basswood Capital Management, an estimated $4.18M added.
- The largest Financial Institutions seller in Q1 2024 was Morgan Stanley, an estimated $3.27M sold.
Based on aggregated 13F filings for Q1 2024.