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Financial Institutions

103 hedge funds and large institutions have $191M invested in Financial Institutions in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 48 increasing their positions, 29 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

173% more call options, than puts

Call options by funds: $169K | Put options by funds: $62K

66% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 29

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.78% less ownership

Funds ownership: 68.79%68.01% (-0.78%)

6% less funds holding

Funds holding: 110103 (-7)

16% less capital invested

Capital invested by funds: $226M → $191M (-$35.5M)

43% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 14

Holders
103
Holders Change
-7
Holders Change %
-6.36%
% of All Funds
1.64%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
48
Reduced
29
Closed
14
Calls
$169K
Puts
$62K
Net Calls
+$107K
Net Calls Change
+$112K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$26.2M +$2.22M +94,891 +8%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$23.6M -$931K -39,756 -3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$14.6M +$144K +6,132 +0.8%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$14.3M +$33.4K +1,427 +0.2%
State Street
5
State Street
Massachusetts
$8.95M +$980K +41,857 +10%
ACM
6
Ategra Capital Management
Virginia
$7.28M +$876K +37,381 +11%
LSV Asset Management
7
LSV Asset Management
Illinois
$7.1M -$420K -17,911 -5%
CNBT
8
Canandaigua National Bank & Trust
New York
$6.37M +$7.73M +330,223 New
Geode Capital Management
9
Geode Capital Management
Massachusetts
$5.62M +$241K +10,305 +4%
Renaissance Technologies
10
Renaissance Technologies
New York
$5.22M -$464K -19,800 -7%
Morgan Stanley
11
Morgan Stanley
New York
$4.63M +$150K +6,403 +3%
Acadian Asset Management
12
Acadian Asset Management
Massachusetts
$4.5M +$792K +33,797 +17%
PCA
13
PL Capital Advisors
Florida
$4.41M
Northern Trust
14
Northern Trust
Illinois
$3.94M -$171K -7,295 -3%
Prudential Financial
15
Prudential Financial
New Jersey
$3.71M +$589K +25,129 +15%
American Century Companies
16
American Century Companies
Missouri
$3.24M +$313K +13,383 +9%
BCM
17
BHZ Capital Management
California
$2.83M -$282K -12,061 -8%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$2.26M -$167K -7,120 -6%
Charles Schwab
19
Charles Schwab
California
$2.17M +$8.74K +373 +0.3%
ROC
20
River Oaks Capital
Minnesota
$2.07M +$834K +35,600 +49%
JP Morgan Chase
21
JP Morgan Chase
New York
$1.93M -$1.43M -61,198 -38%
Hotchkis & Wiley Capital Management
22
Hotchkis & Wiley Capital Management
California
$1.89M +$23.4K +1,000 +1%
BCM
23
Bridgeway Capital Management
Texas
$1.88M -$55.6K -2,375 -2%
GCM
24
Gator Capital Management
Florida
$1.68M
RA
25
Royce & Associates
New York
$1.63M -$1.23M -52,454 -38%

FISI Hedge Fund Activity: Q1 2023 in Review

103 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Financial Institutions (FISI) for Q1 2023, worth a combined $191M — down 16% from $226M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of FISI and 8 opened new positions — a net loss of 6 holders — while 29 trimmed existing stakes and 48 added.

The largest buyer was BlackRock, adding an estimated $2.22M. The largest seller was Fuller & Thaler Asset Management, cutting an estimated $3.27M.

  • 103 institutional investors held Financial Institutions (FISI) as of Q1 2023, down from 110 in Q4 2022.
  • Funds reported $191M of Financial Institutions stock for Q1 2023, down 16% quarter-over-quarter.
  • 8 funds opened new Financial Institutions positions in Q1 2023 and 14 closed out, a net change of -6 holders.
  • The largest Financial Institutions buyer in Q1 2023 was BlackRock, an estimated $2.22M added.
  • The largest Financial Institutions seller in Q1 2023 was Fuller & Thaler Asset Management, an estimated $3.27M sold.

Based on aggregated 13F filings for Q1 2023.