Financial Institutions
FISI
121 hedge funds and large institutions have $345M invested in Financial Institutions in 2017 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 34 reducing their positions, and 11 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 34
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
11% more capital invested
Capital invested by funds: $311M → $345M (+$33.8M)
4% more funds holding
Funds holding: 116 → 121 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.48% less ownership
Funds ownership: 71.44% → 70.96% (-0.48%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$8.63M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.9M |
| 3 |
B
Bailard
Foster City,
California
|
+$2.26M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$1.89M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$1.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.69M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$3.96M |
| 3 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$3.88M |
| 4 |
Renaissance Technologies
New York
|
-$2.46M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIM
126
Spark Investment Management
New York
| – | -$244K | -8,500 | Closed |
|
|
PAM
127
Panagora Asset Management
Boston,
Massachusetts
| – | -$176K | -6,120 | Closed |
|
128
SG Americas Securities
New York
| – | -$139K | -4,812 | Closed |
|
129
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$40K | -1,400 | Closed |
|
130
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$38K | -1,335 | Closed |
|
|
MAM
131
Meeder Asset Management
Dublin,
Ohio
| – | -$26K | -908 | Closed |
|
|
STA
132
Summit Trail Advisors
New York
| – | +$189 | +6 | New |
|
FISI Hedge Fund Activity: Q4 2017 in Review
121 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q4 2017, worth a combined $345M — up 11% from $311M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FISI positions and 11 closed out — a net gain of 5 holders — while 56 added to existing stakes and 34 trimmed.
The largest buyer was Elizabeth Park Capital Advisors, opening a new position worth an estimated $8.63M. The largest seller was Fidelity Investments, cutting an estimated $6.69M.
- 121 institutional investors held Financial Institutions (FISI) as of Q4 2017, up from 116 in Q3 2017.
- Funds reported $345M of Financial Institutions stock for Q4 2017, up 11% quarter-over-quarter.
- 16 funds opened new Financial Institutions positions in Q4 2017 and 11 closed out, a net change of +5 holders.
- The largest Financial Institutions buyer in Q4 2017 was Elizabeth Park Capital Advisors, an estimated $8.63M added.
- The largest Financial Institutions seller in Q4 2017 was Fidelity Investments, an estimated $6.69M sold.
Based on aggregated 13F filings for Q4 2017.