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FirstService
FSV

264 hedge funds and large institutions have $5.07B invested in FirstService in 2023 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 103 increasing their positions, 85 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

215% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 13

21% more repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 85

14% more funds holding in top 10

Funds holding in top 10: 7 → 8 (+1)

11% more funds holding

Funds holding: 237 → 264 (+27)

11% more capital invested

Capital invested by funds: $4.57B → $5.07B (+$509M)

0.16% more ownership

Funds ownership: 69.98% → 70.15% (+0.16%)

95% less call options, than puts

Call options by funds: $227K | Put options by funds: $4.58M

Holders
264
Holders Change
+27
Holders Change %
+11.39%
% of All Funds
3.85%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.12%
New
41
Increased
103
Reduced
85
Closed
13
Calls
$227K
Puts
$4.58M
Net Calls
-$4.36M
Net Calls Change
-$4.73M

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$72.5M
2
Goldman Sachs
Goldman Sachs
New York
+$36.3M
3
ClearBridge Investments
ClearBridge Investments
New York
+$35.7M
4
Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
+$22.9M
5
Millennium Management
Millennium Management
New York
+$13.2M

Top Sellers

1
T. Rowe Price Investment Management
T. Rowe Price Investment Management
Maryland
-$51.3M
2
Franklin Resources
Franklin Resources
California
-$37.2M
3
DCP
Durable Capital Partners
Maryland
-$23.1M
4
FAM
Fred Alger Management
New York
-$21.2M
5
UCFA
United Capital Financial Advisors
Texas
-$13.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
TWM
226
Tradition Wealth Management
Minnesota
$79K – – –
Fifth Third Bancorp
227
Fifth Third Bancorp
Ohio
$77.2K – – –
TRCT
228
Tower Research Capital (TRC)
New York
$76.5K -$70.8K -468 -50%
FMP
229
Financial Management Professionals
Texas
$76K -$1.21K -8 -2%
GIA
230
GHP Investment Advisors
Colorado
$67.6K – – –
UM
231
UniSuper Management
Australia
$64.4K – – –
SGA
232
Seaport Global Advisors
Massachusetts
$62.2K – – –
FHA
233
First Horizon Advisors
Tennessee
$58.2K +$7.26K +48 +15%
TC
234
Tacita Capital
Ontario, Canada
$47.1K – – –
GIBU
235
Gulf International Bank (UK)
United Kingdom
$47K -$9.07K -60 -17%
BEI
236
Benjamin Edwards Inc
Missouri
$43K +$454 +3 +1%
GRP
237
Global Retirement Partners
California
$41.5K -$20.7K -137 -35%
SWM
238
Spire Wealth Management
Virginia
$39.9K +$36.7K +243 New
ACM
239
Accent Capital Management
Ohio
$39.7K +$37K +245 New
BFEC
240
Benjamin F. Edwards & Company
Missouri
$39K +$36.3K +240 New
HI
241
Harbour Investments
Wisconsin
$33.7K +$8.77K +58 +39%
PI
242
PEAK6 Investments
Illinois
$31.8K +$29.6K +196 New
WT
243
Whittier Trust
California
$18.6K – – –
EWA
244
EverSource Wealth Advisors
Alabama
$16.9K -$31.7K -210 -67%
TFIPS
245
Towarzystwo Funduszy Inwestycyjnych PZU SA
$16.2K +$15.1K +100 New
IHWM
246
Iron Horse Wealth Management
Iowa
$15.1K – – –
AF
247
Advisornet Financial
Minnesota
$12K -$7.56K -50 -40%
QCG
248
Quadrant Capital Group
Ohio
$8.91K +$5.44K +36 +189%
AAP
249
Arax Advisory Partners
Colorado
$8.75K +$756 +5 +10%
NA
250
NewEdge Advisors
Louisiana
$8.75K +$8.16K +54 New
8 9
10
11 12

FSV Hedge Fund Activity: Q4 2023 in Review

264 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q4 2023, worth a combined $5.07B — up 11% from $4.57B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new FSV positions and 13 closed out — a net gain of 28 holders — while 103 added to existing stakes and 85 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $72.5M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $51.3M.

  • 264 institutional investors held FirstService (FSV) as of Q4 2023, up from 237 in Q3 2023.
  • Funds reported $5.07B of FirstService stock for Q4 2023, up 11% quarter-over-quarter.
  • 41 funds opened new FirstService positions in Q4 2023 and 13 closed out, a net change of +28 holders.
  • The largest FirstService buyer in Q4 2023 was Morgan Stanley, an estimated $72.5M added.
  • The largest FirstService seller in Q4 2023 was T. Rowe Price Investment Management, an estimated $51.3M sold.

Based on aggregated 13F filings for Q4 2023.