FirstService
206 hedge funds and large institutions have $5.45B invested in FirstService in 2021 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 67 increasing their positions, 79 reducing their positions, and 12 closing their positions.
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
5% more funds holding
Funds holding: 197 → 206 (+9)
5% less capital invested
Capital invested by funds: $5.74B → $5.45B (-$286M)
2.04% less ownership
Funds ownership: 71.06% → 69.02% (-2%)
15% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 79
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
71% less call options, than puts
Call options by funds: $138K | Put options by funds: $472K
Top Buyers
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$57.6M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$35.7M |
| 3 |
JP Morgan Chase
New York
|
+$24.7M |
| 4 |
Millennium Management
New York
|
+$15.1M |
| 5 |
Morgan Stanley
New York
|
+$11.2M |
Top Sellers
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$193M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$36.3M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$22.8M |
| 4 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$22.1M |
| 5 |
FAM
Fred Alger Management
New York
|
-$18.8M |
FSV Hedge Fund Activity: Q4 2021 in Review
206 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q4 2021, worth a combined $5.45B — down 5% from $5.74B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FSV positions and 12 closed out — a net gain of 11 holders — while 67 added to existing stakes and 79 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $57.6M. The largest seller was Bank of Montreal, cutting an estimated $193M.
- 206 institutional investors held FirstService (FSV) as of Q4 2021, up from 197 in Q3 2021.
- Funds reported $5.45B of FirstService stock for Q4 2021, down 5% quarter-over-quarter.
- 23 funds opened new FirstService positions in Q4 2021 and 12 closed out, a net change of +11 holders.
- The largest FirstService buyer in Q4 2021 was Manulife (Manufacturers Life Insurance), an estimated $57.6M added.
- The largest FirstService seller in Q4 2021 was Bank of Montreal, an estimated $193M sold.
Based on aggregated 13F filings for Q4 2021.