Financial Institutions
FISI
129 hedge funds and large institutions have $366M invested in Financial Institutions in 2019 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 48 increasing their positions, 45 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
6% more capital invested
Capital invested by funds: $344M → $366M (+$21.8M)
7% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 45
1% more funds holding
Funds holding: 128 → 129 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.02% less ownership
Funds ownership: 71.19% → 71.17% (-0.02%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$993K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$904K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$737K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$719K |
| 5 |
State Street
Boston,
Massachusetts
|
+$693K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$2.39M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.75M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$1.33M |
| 4 |
JP Morgan Chase
New York
|
-$783K |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$694K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
US Bancorp
Minneapolis,
Minnesota
| $2K | – | – | – |
|
|
VNA
127
Valley National Advisers
Bethlehem,
Pennsylvania
| $2K | – | – | – |
|
|
FIA
128
FNY Investment Advisers
New York
| $2K | +$2.87K | +91 | New |
|
|
129
Allianz Asset Management
Munich,
Germany
| – | -$1.33M | -43,998 | Closed |
|
130
Two Sigma Investments
New York
| – | -$396K | -13,122 | Closed |
|
|
SFM
131
Systematic Financial Management
Teaneck,
New Jersey
| – | -$277K | -9,175 | Closed |
|
132
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$220K | -7,301 | Closed |
|
|
MWNA
133
Marshall Wace North America
New York
| – | -$20K | -666 | Closed |
|
|
QT
134
Quantamental Technologies
White Plains,
New York
| – | -$15K | -501 | Closed |
|
135
Lazard Asset Management
New York
| – | -$13K | -437 | Closed |
|
|
CFN
136
Cordasco Financial Network
Naples,
Florida
| – | -$2K | -50 | Closed |
|
|
GWS
137
Glassman Wealth Services
Vienna,
Virginia
| – | +$284 | +9 | New |
|
FISI Hedge Fund Activity: Q4 2019 in Review
129 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q4 2019, worth a combined $366M — up 6.3% from $344M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FISI positions and 8 closed out — a net gain of 2 holders — while 48 added to existing stakes and 45 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $993K. The largest seller was American Century Companies, cutting an estimated $2.39M.
- 129 institutional investors held Financial Institutions (FISI) as of Q4 2019, up from 128 in Q3 2019.
- Funds reported $366M of Financial Institutions stock for Q4 2019, up 6.3% quarter-over-quarter.
- 10 funds opened new Financial Institutions positions in Q4 2019 and 8 closed out, a net change of +2 holders.
- The largest Financial Institutions buyer in Q4 2019 was Renaissance Technologies, an estimated $993K added.
- The largest Financial Institutions seller in Q4 2019 was American Century Companies, an estimated $2.39M sold.
Based on aggregated 13F filings for Q4 2019.