Financial Institutions
FISI
142 hedge funds and large institutions have $444M invested in Financial Institutions in 2025 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 54 increasing their positions, 39 reducing their positions, and 10 closing their positions.
150% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 10
38% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 39
11% more funds holding
Funds holding: 128 → 142 (+14)
6% more capital invested
Capital invested by funds: $418M → $444M (+$26.1M)
0.17% more ownership
Funds ownership: 80.87% → 81.04% (+0.17%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$11M |
| 2 |
ProShare Advisors
Bethesda,
Maryland
|
+$5.96M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$5M |
| 4 |
Millennium Management
New York
|
+$2.5M |
| 5 |
Two Sigma Investments
New York
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$14M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$5.3M |
| 3 |
CC
Courier Capital
Buffalo,
New York
|
-$3.19M |
| 4 |
CNBT
Canandaigua National Bank & Trust
Canandaigua,
New York
|
-$2.67M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.23M |
FISI Hedge Fund Activity: Q3 2025 in Review
142 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q3 2025, worth a combined $444M — up 6.3% from $418M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FISI positions and 10 closed out — a net gain of 15 holders — while 54 added to existing stakes and 39 trimmed.
The largest buyer was PL Capital Advisors, adding an estimated $11M. The largest seller was Fourthstone LLC, cutting an estimated $14M.
- 142 institutional investors held Financial Institutions (FISI) as of Q3 2025, up from 128 in Q2 2025.
- Funds reported $444M of Financial Institutions stock for Q3 2025, up 6.3% quarter-over-quarter.
- 25 funds opened new Financial Institutions positions in Q3 2025 and 10 closed out, a net change of +15 holders.
- The largest Financial Institutions buyer in Q3 2025 was PL Capital Advisors, an estimated $11M added.
- The largest Financial Institutions seller in Q3 2025 was Fourthstone LLC, an estimated $14M sold.
Based on aggregated 13F filings for Q3 2025.