Financial Institutions
FISI
83 hedge funds and large institutions have $209M invested in Financial Institutions in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 29 increasing their positions, 34 reducing their positions, and 7 closing their positions.
17% more capital inflows, than outflows
Capital inflows: $17.8M | Capital outflows: $15.3M
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
1% more funds holding
Funds holding: 82 → 83 (+1)
0.71% more ownership
Funds ownership: 63.68% → 64.39% (+0.71%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.88M |
| 2 |
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$3.24M |
| 3 |
Banc Funds Company
Chicago,
Illinois
|
+$1.29M |
| 4 |
Foundry Partners
Minneapolis,
Minnesota
|
+$1.24M |
| 5 |
Maltese Capital Management
New York
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$2.7M |
| 2 |
Clover Partners
Dallas,
Texas
|
-$2.36M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.09M |
| 4 |
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$1.91M |
| 5 |
BlackRock Fund Advisors
San Francisco,
California
|
-$964K |
FISI Hedge Fund Activity: Q2 2014 in Review
83 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q2 2014, worth a combined $209M — up 2.9% from $203M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FISI positions and 7 closed out — a net gain of 1 holder — while 29 added to existing stakes and 34 trimmed.
The largest buyer was Ameriprise, adding an estimated $5.88M. The largest seller was Castine Capital Management, exiting entirely with an estimated $2.7M sold.
- 83 institutional investors held Financial Institutions (FISI) as of Q2 2014, up from 82 in Q1 2014.
- Funds reported $209M of Financial Institutions stock for Q2 2014, up 2.9% quarter-over-quarter.
- 8 funds opened new Financial Institutions positions in Q2 2014 and 7 closed out, a net change of +1 holder.
- The largest Financial Institutions buyer in Q2 2014 was Ameriprise, an estimated $5.88M added.
- The largest Financial Institutions seller in Q2 2014 was Castine Capital Management, an estimated $2.7M sold.
Based on aggregated 13F filings for Q2 2014.