Financial Institutions
FISI
116 hedge funds and large institutions have $311M invested in Financial Institutions in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 53 increasing their positions, 32 reducing their positions, and 12 closing their positions.
66% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 32
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
4% more funds holding
Funds holding: 112 → 116 (+4)
1.8% more ownership
Funds ownership: 69.64% → 71.44% (+1.8%)
3% more capital invested
Capital invested by funds: $302M → $311M (+$9.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$8.83M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.75M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.89M |
| 4 |
Renaissance Technologies
New York
|
+$1.77M |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$2.17M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$1.71M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$1.34M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.34M |
| 5 |
JP Morgan Chase
New York
|
-$1.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
126
Acrospire Investment Management
Chicago,
Illinois
| – | -$47K | -1,591 | Closed |
|
127
New York State Teachers Retirement System (NYSTRS)
Albany,
New York
| – | -$36K | -1,200 | Closed |
|
|
DA
128
Denali Advisors
San Diego,
California
| – | -$3K | -87 | Closed |
|
FISI Hedge Fund Activity: Q3 2017 in Review
116 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q3 2017, worth a combined $311M — up 3.1% from $302M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FISI positions and 12 closed out — a net gain of 5 holders — while 53 added to existing stakes and 32 trimmed.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $8.83M. The largest seller was EJF Capital, exiting entirely with an estimated $2.17M sold.
- 116 institutional investors held Financial Institutions (FISI) as of Q3 2017, up from 112 in Q2 2017.
- Funds reported $311M of Financial Institutions stock for Q3 2017, up 3.1% quarter-over-quarter.
- 17 funds opened new Financial Institutions positions in Q3 2017 and 12 closed out, a net change of +5 holders.
- The largest Financial Institutions buyer in Q3 2017 was Basswood Capital Management, an estimated $8.83M added.
- The largest Financial Institutions seller in Q3 2017 was EJF Capital, an estimated $2.17M sold.
Based on aggregated 13F filings for Q3 2017.