Financial Institutions
FISI
109 hedge funds and large institutions have $241M invested in Financial Institutions in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 46 reducing their positions, and 16 closing their positions.
45% more capital invested
Capital invested by funds: $166M → $241M (+$74.1M)
0.9% less ownership
Funds ownership: 67.44% → 66.54% (-0.9%)
6% less funds holding
Funds holding: 116 → 109 (-7)
24% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 46
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
+$1.36M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$1.3M |
| 3 |
RA
Royce & Associates
New York
|
+$1.08M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$940K |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
+$849K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.22M |
| 2 |
BlackRock
New York
|
-$879K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$863K |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$744K |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$622K |
FISI Hedge Fund Activity: Q4 2020 in Review
109 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q4 2020, worth a combined $241M — up 45% from $166M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FISI and 10 opened new positions — a net loss of 6 holders — while 46 trimmed existing stakes and 35 added.
The largest buyer was Ategra Capital Management, opening a new position worth an estimated $1.36M. The largest seller was Renaissance Technologies, cutting an estimated $1.22M.
- 109 institutional investors held Financial Institutions (FISI) as of Q4 2020, down from 116 in Q3 2020.
- Funds reported $241M of Financial Institutions stock for Q4 2020, up 45% quarter-over-quarter.
- 10 funds opened new Financial Institutions positions in Q4 2020 and 16 closed out, a net change of -6 holders.
- The largest Financial Institutions buyer in Q4 2020 was Ategra Capital Management, an estimated $1.36M added.
- The largest Financial Institutions seller in Q4 2020 was Renaissance Technologies, an estimated $1.22M sold.
Based on aggregated 13F filings for Q4 2020.