Financial Institutions
FISI
121 hedge funds and large institutions have $287M invested in Financial Institutions in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 45 increasing their positions, 41 reducing their positions, and 13 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 41
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.83% less ownership
Funds ownership: 71.83% → 70.01% (-1.8%)
2% less funds holding
Funds holding: 124 → 121 (-3)
20% less capital invested
Capital invested by funds: $359M → $287M (-$72.6M)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$4.69M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$944K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$881K |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$872K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$763K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.38M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.46M |
| 3 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$2.96M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.87M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIMCH
126
Hartford Investment Management Co (HIMCO)
Hartford,
Connecticut
| – | -$240K | -7,632 | Closed |
|
|
EGM
127
Engineers Gate Manager
New York
| – | -$227K | -7,245 | Closed |
|
128
UBS AM
Chicago,
Illinois
| – | -$226K | -7,200 | Closed |
|
|
WC
129
Whitney & Co
Rochester,
New York
| – | -$210K | -7,090 | Closed |
|
130
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$200K | -6,372 | Closed |
|
|
VRM
131
Vectors Research Management
New York
| – | -$137K | -4,100 | Closed |
|
132
SEI Investments
Oaks,
Pennsylvania
| – | -$74K | -2,609 | Closed |
|
133
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$8K | -248 | Closed |
|
|
TRCT
134
Tower Research Capital (TRC)
New York
| – | -$2K | -76 | Closed |
|
FISI Hedge Fund Activity: Q4 2018 in Review
121 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q4 2018, worth a combined $287M — down 20% from $359M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FISI and 10 opened new positions — a net loss of 3 holders — while 41 trimmed existing stakes and 45 added.
The largest buyer was Royce & Associates, adding an estimated $4.69M. The largest seller was Morgan Stanley, cutting an estimated $4.38M.
- 121 institutional investors held Financial Institutions (FISI) as of Q4 2018, down from 124 in Q3 2018.
- Funds reported $287M of Financial Institutions stock for Q4 2018, down 20% quarter-over-quarter.
- 10 funds opened new Financial Institutions positions in Q4 2018 and 13 closed out, a net change of -3 holders.
- The largest Financial Institutions buyer in Q4 2018 was Royce & Associates, an estimated $4.69M added.
- The largest Financial Institutions seller in Q4 2018 was Morgan Stanley, an estimated $4.38M sold.
Based on aggregated 13F filings for Q4 2018.