Financial Institutions
FISI
121 hedge funds and large institutions have $205M invested in Financial Institutions in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 51 increasing their positions, 34 reducing their positions, and 16 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 34
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.6% less ownership
Funds ownership: 71.17% → 70.57% (-0.6%)
6% less funds holding
Funds holding: 129 → 121 (-8)
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
44% less capital invested
Capital invested by funds: $366M → $205M (-$161M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$1.62M |
| 2 |
BlackRock
New York
|
+$1.11M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$714K |
| 4 |
HC
HNP Capital
Rochester,
New York
|
+$514K |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$508K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$1.63M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.28M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$1.22M |
| 4 |
RA
Royce & Associates
New York
|
-$1.09M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCP
126
GSA Capital Partners
London,
United Kingdom
| – | -$384K | -11,952 | Closed |
|
127
Squarepoint
New York
| – | -$370K | -11,519 | Closed |
|
|
WC
128
Whitney & Co
Rochester,
New York
| – | -$308K | -9,580 | Closed |
|
|
EGM
129
Engineers Gate Manager
New York
| – | -$278K | -8,658 | Closed |
|
|
CI
130
Cigna Investments
Bloomfield,
Connecticut
| – | -$253K | -8,217 | Closed |
|
131
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$205K | -6,372 | Closed |
|
132
SG Americas Securities
New York
| – | -$142K | -4,413 | Closed |
|
|
TCWM
133
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$45K | -1,400 | Closed |
|
|
CCM
134
Copeland Capital Management
Conshohocken,
Pennsylvania
| – | -$14K | -444 | Closed |
|
|
FIA
135
FNY Investment Advisers
New York
| – | -$2K | -91 | Closed |
|
136
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -71 | Closed |
|
FISI Hedge Fund Activity: Q1 2020 in Review
121 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q1 2020, worth a combined $205M — down 44% from $366M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FISI and 9 opened new positions — a net loss of 7 holders — while 34 trimmed existing stakes and 51 added.
The largest buyer was Renaissance Technologies, adding an estimated $1.62M. The largest seller was American Century Companies, exiting entirely with an estimated $1.63M sold.
- 121 institutional investors held Financial Institutions (FISI) as of Q1 2020, down from 129 in Q4 2019.
- Funds reported $205M of Financial Institutions stock for Q1 2020, down 44% quarter-over-quarter.
- 9 funds opened new Financial Institutions positions in Q1 2020 and 16 closed out, a net change of -7 holders.
- The largest Financial Institutions buyer in Q1 2020 was Renaissance Technologies, an estimated $1.62M added.
- The largest Financial Institutions seller in Q1 2020 was American Century Companies, an estimated $1.63M sold.
Based on aggregated 13F filings for Q1 2020.