Financial Institutions
FISI
128 hedge funds and large institutions have $344M invested in Financial Institutions in 2019 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 54 increasing their positions, 32 reducing their positions, and 10 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 32
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
2% more funds holding
Funds holding: 125 → 128 (+3)
4% more capital invested
Capital invested by funds: $332M → $344M (+$12M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.08% less ownership
Funds ownership: 71.27% → 71.19% (-0.08%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$3.11M |
| 2 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
+$1.04M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$921K |
| 4 |
Renaissance Technologies
New York
|
+$911K |
| 5 |
WG
Winton Group
London,
United Kingdom
|
+$866K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$4.66M |
| 2 |
Man Group
London,
United Kingdom
|
-$3.24M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.16M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$1.04M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$846K |
FISI Hedge Fund Activity: Q3 2019 in Review
128 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q3 2019, worth a combined $344M — up 3.6% from $332M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FISI positions and 10 closed out — a net gain of 4 holders — while 54 added to existing stakes and 32 trimmed.
The largest buyer was Royce & Associates, adding an estimated $3.11M. The largest seller was Maltese Capital Management, exiting entirely with an estimated $4.66M sold.
- 128 institutional investors held Financial Institutions (FISI) as of Q3 2019, up from 125 in Q2 2019.
- Funds reported $344M of Financial Institutions stock for Q3 2019, up 3.6% quarter-over-quarter.
- 14 funds opened new Financial Institutions positions in Q3 2019 and 10 closed out, a net change of +4 holders.
- The largest Financial Institutions buyer in Q3 2019 was Royce & Associates, an estimated $3.11M added.
- The largest Financial Institutions seller in Q3 2019 was Maltese Capital Management, an estimated $4.66M sold.
Based on aggregated 13F filings for Q3 2019.