Financial Institutions
FISI
121 hedge funds and large institutions have $288M invested in Financial Institutions in 2024 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 43 increasing their positions, 31 reducing their positions, and 7 closing their positions.
214% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 7
213% more call options, than puts
Call options by funds: $25K | Put options by funds: $8K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
46% more capital invested
Capital invested by funds: $197M → $288M (+$91.3M)
39% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 31
14% more funds holding
Funds holding: 106 → 121 (+15)
11.26% more ownership
Funds ownership: 66.03% → 77.28% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$34M |
| 2 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$4.41M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.52M |
| 4 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$1.28M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$958K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$932K |
| 2 |
Man Group
London,
United Kingdom
|
-$814K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$681K |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$497K |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$472K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
D.E. Shaw & Co
New York
| – | -$225K | -11,621 | Closed |
|
|
IC
127
Innealta Capital
Austin,
Texas
| – | -$25.3K | -1,312 | Closed |
|
|
NC
128
nVerses Capital
Wellington,
Florida
| – | -$7.73K | -400 | Closed |
|
FISI Hedge Fund Activity: Q3 2024 in Review
121 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q3 2024, worth a combined $288M — up 46% from $197M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FISI positions and 7 closed out — a net gain of 15 holders — while 43 added to existing stakes and 31 trimmed.
The largest buyer was PL Capital Advisors, adding an estimated $34M. The largest seller was Renaissance Technologies, cutting an estimated $932K.
- 121 institutional investors held Financial Institutions (FISI) as of Q3 2024, up from 106 in Q2 2024.
- Funds reported $288M of Financial Institutions stock for Q3 2024, up 46% quarter-over-quarter.
- 22 funds opened new Financial Institutions positions in Q3 2024 and 7 closed out, a net change of +15 holders.
- The largest Financial Institutions buyer in Q3 2024 was PL Capital Advisors, an estimated $34M added.
- The largest Financial Institutions seller in Q3 2024 was Renaissance Technologies, an estimated $932K sold.
Based on aggregated 13F filings for Q3 2024.