Financial Institutions
FISI
123 hedge funds and large institutions have $308M invested in Financial Institutions in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 47 increasing their positions, 37 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
27% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 37
8% more capital invested
Capital invested by funds: $287M → $308M (+$21.7M)
2% more funds holding
Funds holding: 121 → 123 (+2)
1.18% more ownership
Funds ownership: 70.01% → 71.19% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$3M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$1.68M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$1.67M |
| 4 |
Renaissance Technologies
New York
|
+$1.4M |
| 5 |
MCM
Maltese Capital Management
New York
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.55M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.28M |
| 3 |
AIS
AlphaOne Investment Services
West Chester,
Pennsylvania
|
-$1.19M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$770K |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$729K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Two Sigma Investments
New York
| – | -$207K | -8,061 | Closed |
|
127
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$116K | -4,500 | Closed |
|
|
RQS
128
Ramsey Quantitative Systems
Louisville,
Kentucky
| – | -$93K | -3,620 | Closed |
|
129
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$2K | -67 | Closed |
|
|
FIA
130
FNY Investment Advisers
New York
| – | -$1K | -45 | Closed |
|
FISI Hedge Fund Activity: Q1 2019 in Review
123 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q1 2019, worth a combined $308M — up 7.6% from $287M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FISI positions and 7 closed out — a net gain of 2 holders — while 47 added to existing stakes and 37 trimmed.
The largest buyer was Royce & Associates, adding an estimated $3M. The largest seller was Morgan Stanley, cutting an estimated $1.55M.
- 123 institutional investors held Financial Institutions (FISI) as of Q1 2019, up from 121 in Q4 2018.
- Funds reported $308M of Financial Institutions stock for Q1 2019, up 7.6% quarter-over-quarter.
- 9 funds opened new Financial Institutions positions in Q1 2019 and 7 closed out, a net change of +2 holders.
- The largest Financial Institutions buyer in Q1 2019 was Royce & Associates, an estimated $3M added.
- The largest Financial Institutions seller in Q1 2019 was Morgan Stanley, an estimated $1.55M sold.
Based on aggregated 13F filings for Q1 2019.