Financial Institutions
FISI
93 hedge funds and large institutions have $234M invested in Financial Institutions in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 28 reducing their positions, and 10 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 28
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
1% more funds holding
Funds holding: 92 → 93 (+1)
4% more capital invested
Capital invested by funds: $224M → $234M (+$9.28M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$2.49M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.03M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$867K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$851K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$777K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.65M |
| 2 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
-$2.95M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$767K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$581K |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$498K |
FISI Hedge Fund Activity: Q3 2016 in Review
93 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q3 2016, worth a combined $234M — up 4.1% from $224M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FISI positions and 10 closed out — a net gain of 1 holder — while 37 added to existing stakes and 28 trimmed.
The largest buyer was Eaton Vance Management, opening a new position worth an estimated $2.49M. The largest seller was Wellington Management Group, cutting an estimated $4.65M.
- 93 institutional investors held Financial Institutions (FISI) as of Q3 2016, up from 92 in Q2 2016.
- Funds reported $234M of Financial Institutions stock for Q3 2016, up 4.1% quarter-over-quarter.
- 11 funds opened new Financial Institutions positions in Q3 2016 and 10 closed out, a net change of +1 holder.
- The largest Financial Institutions buyer in Q3 2016 was Eaton Vance Management, an estimated $2.49M added.
- The largest Financial Institutions seller in Q3 2016 was Wellington Management Group, an estimated $4.65M sold.
Based on aggregated 13F filings for Q3 2016.