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FirstService

122 hedge funds and large institutions have $1.75B invested in FirstService in 2018 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 44 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 6

7% more funds holding

Funds holding: 114122 (+8)

1% more capital invested

Capital invested by funds: $1.73B → $1.75B (+$15.7M)

7% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 44

1.99% less ownership

Funds ownership: 68.22%66.23% (-2%)

50% less funds holding in top 10

Funds holding in top 10: 63 (-3)

Holders
122
Holders Change
+8
Holders Change %
+7.02%
% of All Funds
2.79%
Holding in Top 10
3
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-50%
% of All Funds
0.07%
New
15
Increased
41
Reduced
44
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CIBC World Market
26
CIBC World Market
Ontario, Canada
$16.9M -$393K -5,478 -2%
RA
27
Royce & Associates
New York
$15.9M
ACH
28
ArrowMark Colorado Holdings
Colorado
$15.4M +$331K +4,623 +2%
TD Asset Management
29
TD Asset Management
Ontario, Canada
$15M -$535K -7,468 -4%
Canada Life
30
Canada Life
Manitoba, Canada
$14.1M +$81.2K +1,133 +0.6%
Deutsche Bank
31
Deutsche Bank
Germany
$13.7M +$1.68M +23,468 +15%
BFS
32
Baskin Financial Services
Ontario, Canada
$13.4M +$190K +2,653 +2%
HIM
33
Hillsdale Investment Management
Ontario, Canada
$12.3M +$1.68M +23,400 +17%
American Century Companies
34
American Century Companies
Missouri
$12.2M +$200K +2,790 +2%
AIMCA
35
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$11.9M -$466K -6,500 -5%
Canada Pension Plan Investment Board
36
Canada Pension Plan Investment Board
Ontario, Canada
$11.2M +$2.68M +37,400 +34%
WCA
37
Waratah Capital Advisors
Ontario, Canada
$11M +$3.76M +52,406 +57%
RCMC
38
RK Capital Management (Colorado)
Colorado
$9.66M +$78.8K +1,100 +0.9%
CP
39
Cumberland Partners
Ontario, Canada
$8.91M +$8.31M +116,000 New
Dimensional Fund Advisors
40
Dimensional Fund Advisors
Texas
$8.8M +$78.7K +1,098 +1%
AL
41
AJO LP
Pennsylvania
$8.74M -$650K -9,070 -7%
Loomis, Sayles & Company
42
Loomis, Sayles & Company
Massachusetts
$8.5M -$274K -3,820 -3%
BFM
43
Boston Financial Management
Massachusetts
$8.31M +$169K +2,362 +2%
JSA
44
Jacobson & Schmitt Advisors
Wisconsin
$7.35M -$111K -1,545 -2%
DZ Bank
45
DZ Bank
Germany
$7.07M +$6.66M +92,905 New
Public Sector Pension Investment Board (PSP Investments)
46
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$6M -$2.19M -30,500 -28%
Swiss National Bank
47
Swiss National Bank
Switzerland
$4.49M
OSAM
48
O'Shaughnessy Asset Management
Connecticut
$3.84M -$11.8M -164,617 -76%
Bank of America
49
Bank of America
North Carolina
$3.76M -$310K -4,322 -8%
JP Morgan Chase
50
JP Morgan Chase
New York
$3.46M -$3.83M -53,423 -41%

FSV Hedge Fund Activity: Q2 2018 in Review

122 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q2 2018, worth a combined $1.75B — up 0.91% from $1.73B a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new FSV positions and 6 closed out — a net gain of 9 holders — while 41 added to existing stakes and 44 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $51.4M. The largest seller was Fiera Capital (Canada), cutting an estimated $84.6M.

  • 122 institutional investors held FirstService (FSV) as of Q2 2018, up from 114 in Q1 2018.
  • Funds reported $1.75B of FirstService stock for Q2 2018, up 0.91% quarter-over-quarter.
  • 15 funds opened new FirstService positions in Q2 2018 and 6 closed out, a net change of +9 holders.
  • The largest FirstService buyer in Q2 2018 was T. Rowe Price Associates, an estimated $51.4M added.
  • The largest FirstService seller in Q2 2018 was Fiera Capital (Canada), an estimated $84.6M sold.

Based on aggregated 13F filings for Q2 2018.