Financial Institutions
FISI
82 hedge funds and large institutions have $255M invested in Financial Institutions in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 32 increasing their positions, 28 reducing their positions, and 15 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
14% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 28
6% more capital invested
Capital invested by funds: $240M → $255M (+$15.3M)
2% less funds holding
Funds holding: 84 → 82 (-2)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.72M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$2.14M |
| 3 |
CP
Clover Partners
Dallas,
Texas
|
+$1.16M |
| 4 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
+$1.09M |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.42M |
| 2 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$1.7M |
| 3 |
B
Bailard
Foster City,
California
|
-$1.2M |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$1.18M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$641K |
FISI Hedge Fund Activity: Q1 2016 in Review
82 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q1 2016, worth a combined $255M — up 6.4% from $240M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FISI and 13 opened new positions — a net loss of 2 holders — while 28 trimmed existing stakes and 32 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $9.72M. The largest seller was Ameriprise, exiting entirely with an estimated $6.42M sold.
- 82 institutional investors held Financial Institutions (FISI) as of Q1 2016, down from 84 in Q4 2015.
- Funds reported $255M of Financial Institutions stock for Q1 2016, up 6.4% quarter-over-quarter.
- 13 funds opened new Financial Institutions positions in Q1 2016 and 15 closed out, a net change of -2 holders.
- The largest Financial Institutions buyer in Q1 2016 was Fidelity Investments, an estimated $9.72M added.
- The largest Financial Institutions seller in Q1 2016 was Ameriprise, an estimated $6.42M sold.
Based on aggregated 13F filings for Q1 2016.