Financial Institutions
FISI
113 hedge funds and large institutions have $212M invested in Financial Institutions in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 43 increasing their positions, 38 reducing their positions, and 14 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 38
4% more capital invested
Capital invested by funds: $205M → $212M (+$7.53M)
0.72% more ownership
Funds ownership: 70.57% → 71.28% (+0.72%)
7% less funds holding
Funds holding: 121 → 113 (-8)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.07M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.42M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.14M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$1.13M |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$543K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.69M |
| 2 |
RA
Royce & Associates
New York
|
-$1.39M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$589K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$450K |
| 5 |
Renaissance Technologies
New York
|
-$441K |
FISI Hedge Fund Activity: Q2 2020 in Review
113 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q2 2020, worth a combined $212M — up 3.7% from $205M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FISI and 7 opened new positions — a net loss of 7 holders — while 38 trimmed existing stakes and 43 added.
The largest buyer was BlackRock, adding an estimated $2.07M. The largest seller was Hillsdale Investment Management, exiting entirely with an estimated $1.69M sold.
- 113 institutional investors held Financial Institutions (FISI) as of Q2 2020, down from 121 in Q1 2020.
- Funds reported $212M of Financial Institutions stock for Q2 2020, up 3.7% quarter-over-quarter.
- 7 funds opened new Financial Institutions positions in Q2 2020 and 14 closed out, a net change of -7 holders.
- The largest Financial Institutions buyer in Q2 2020 was BlackRock, an estimated $2.07M added.
- The largest Financial Institutions seller in Q2 2020 was Hillsdale Investment Management, an estimated $1.69M sold.
Based on aggregated 13F filings for Q2 2020.