Financial Institutions
FISI
112 hedge funds and large institutions have $306M invested in Financial Institutions in 2016 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 49 increasing their positions, 21 reducing their positions, and 8 closing their positions.
250% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 8
133% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 21
61.72% more ownership
Funds ownership: 0% → 61.72% (+62%)
31% more capital invested
Capital invested by funds: $234M → $306M (+$72.6M)
20% more funds holding
Funds holding: 93 → 112 (+19)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$4.12M |
| 2 |
Renaissance Technologies
New York
|
+$3.84M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.52M |
| 4 |
Millennium Management
New York
|
+$3.47M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$3.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$16.6M |
| 2 |
CP
Clover Partners
Dallas,
Texas
|
-$15.5M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.69M |
| 4 |
CNBT
Canandaigua National Bank & Trust
Canandaigua,
New York
|
-$1.36M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$1.04M |
FISI Hedge Fund Activity: Q4 2016 in Review
112 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q4 2016, worth a combined $306M — up 31% from $234M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new FISI positions and 8 closed out — a net gain of 20 holders — while 49 added to existing stakes and 21 trimmed.
The largest buyer was AJO LP, adding an estimated $4.12M. The largest seller was Wellington Management Group, exiting entirely with an estimated $16.6M sold.
- 112 institutional investors held Financial Institutions (FISI) as of Q4 2016, up from 93 in Q3 2016.
- Funds reported $306M of Financial Institutions stock for Q4 2016, up 31% quarter-over-quarter.
- 28 funds opened new Financial Institutions positions in Q4 2016 and 8 closed out, a net change of +20 holders.
- The largest Financial Institutions buyer in Q4 2016 was AJO LP, an estimated $4.12M added.
- The largest Financial Institutions seller in Q4 2016 was Wellington Management Group, an estimated $16.6M sold.
Based on aggregated 13F filings for Q4 2016.