Financial Institutions
FISI
121 hedge funds and large institutions have $205M invested in Financial Institutions in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 51 increasing their positions, 34 reducing their positions, and 16 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 34
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.6% less ownership
Funds ownership: 71.17% → 70.57% (-0.6%)
6% less funds holding
Funds holding: 129 → 121 (-8)
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
44% less capital invested
Capital invested by funds: $366M → $205M (-$161M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$1.62M |
| 2 |
BlackRock
New York
|
+$1.11M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$714K |
| 4 |
HC
HNP Capital
Rochester,
New York
|
+$514K |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$508K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$1.63M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.28M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$1.22M |
| 4 |
RA
Royce & Associates
New York
|
-$1.09M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.06M |
FISI Hedge Fund Activity: Q1 2020 in Review
121 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q1 2020, worth a combined $205M — down 44% from $366M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FISI and 9 opened new positions — a net loss of 7 holders — while 34 trimmed existing stakes and 51 added.
The largest buyer was Renaissance Technologies, adding an estimated $1.62M. The largest seller was American Century Companies, exiting entirely with an estimated $1.63M sold.
- 121 institutional investors held Financial Institutions (FISI) as of Q1 2020, down from 129 in Q4 2019.
- Funds reported $205M of Financial Institutions stock for Q1 2020, down 44% quarter-over-quarter.
- 9 funds opened new Financial Institutions positions in Q1 2020 and 16 closed out, a net change of -7 holders.
- The largest Financial Institutions buyer in Q1 2020 was Renaissance Technologies, an estimated $1.62M added.
- The largest Financial Institutions seller in Q1 2020 was American Century Companies, an estimated $1.63M sold.
Based on aggregated 13F filings for Q1 2020.