We are live on ! Find out more
FSV icon

FirstService
FSV

272 hedge funds and large institutions have $5.16B invested in FirstService in 2024 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 105 increasing their positions, 98 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 21

3% more funds holding

Funds holding: 264 → 272 (+8)

7% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 98

2% more capital invested

Capital invested by funds: $5.07B → $5.16B (+$84.1M)

0% more call options, than puts

Call options by funds: $365K | Put options by funds: $365K

0.96% less ownership

Funds ownership: 70.15% → 69.19% (-0.96%)

50% less funds holding in top 10

Funds holding in top 10: 8 → 4 (-4)

Holders
272
Holders Change
+8
Holders Change %
+3.03%
% of All Funds
3.92%
Holding in Top 10
4
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-50%
% of All Funds
0.06%
New
30
Increased
105
Reduced
98
Closed
21
Calls
$365K
Puts
$365K
Net Calls
–
Net Calls Change
+$4.36M

Top Buyers

1
Fidelity International
Fidelity International
Bermuda
+$40.6M
2
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
+$37.4M
3
Invesco
Invesco
Georgia
+$30.1M
4
DCP
Durable Capital Partners
Maryland
+$29.8M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$26.9M

Top Sellers

1
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
-$79.3M
2
Morgan Stanley
Morgan Stanley
New York
-$66.4M
3
T. Rowe Price Investment Management
T. Rowe Price Investment Management
Maryland
-$41.2M
4
Goldman Sachs
Goldman Sachs
New York
-$23.4M
5
FAM
Fred Alger Management
New York
-$17.5M
Name Holding Trade Value Shares
Change 		Change in
Stake
PFG
276
PAX Financial Group
Texas
– -$673K -4,052 Closed
AIM
277
Achmea Investment Management
Netherlands
– -$623K -3,829 Closed
JFL
278
Jarislowsky, Fraser Ltd
Quebec, Canada
– -$613K -3,783 Closed
HighTower Advisors
279
HighTower Advisors
Illinois
– -$457K -2,819 Closed
AC
280
AXQ Capital
New Jersey
– -$404K -2,490 Closed
SCM
281
Stevens Capital Management
Pennsylvania
– -$370K -2,283 Closed
CCIA
282
Campbell & Co Investment Adviser
Maryland
– -$343K -2,118 Closed
AIM
283
Aigen Investment Management
New York
– -$240K -1,482 Closed
SRL
284
Scientech Research LLC
New Jersey
– -$238K -1,469 Closed
Squarepoint
285
Squarepoint
New York
– -$211K -1,299 Closed
FC
286
FORA Capital
Florida
– -$203K -1,251 Closed
TWM
287
Tradition Wealth Management
Minnesota
– -$79K -488 Closed
PI
288
PEAK6 Investments
Illinois
– -$31.8K -196 Closed
PP
289
Pacifica Partners
Canada
– -$6.39K -40 Closed
TCWA
290
Turtle Creek Wealth Advisors
Texas
– -$3.08K -19 Closed
LFG
291
Larson Financial Group
Missouri
– -$1.14K -7 Closed
Carson Wealth (CWM LLC)
292
Carson Wealth (CWM LLC)
Nebraska
– +$330 +2 New
Simplex Trading
293
Simplex Trading
Illinois
– +$660 +4 New
8 9 10 11
12

FSV Hedge Fund Activity: Q1 2024 in Review

272 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q1 2024, worth a combined $5.16B — up 1.7% from $5.07B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new FSV positions and 21 closed out — a net gain of 9 holders — while 105 added to existing stakes and 98 trimmed.

The largest buyer was Fidelity International, adding an estimated $40.6M. The largest seller was Mackenzie Financial, cutting an estimated $79.3M.

  • 272 institutional investors held FirstService (FSV) as of Q1 2024, up from 264 in Q4 2023.
  • Funds reported $5.16B of FirstService stock for Q1 2024, up 1.7% quarter-over-quarter.
  • 30 funds opened new FirstService positions in Q1 2024 and 21 closed out, a net change of +9 holders.
  • The largest FirstService buyer in Q1 2024 was Fidelity International, an estimated $40.6M added.
  • The largest FirstService seller in Q1 2024 was Mackenzie Financial, an estimated $79.3M sold.

Based on aggregated 13F filings for Q1 2024.