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FirstService

236 hedge funds and large institutions have $4.86B invested in FirstService in 2023 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 96 increasing their positions, 63 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

144% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 16

52% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 63

9% more funds holding

Funds holding: 216236 (+20)

8% more capital invested

Capital invested by funds: $4.49B → $4.86B (+$365M)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0.89% less ownership

Funds ownership: 71.56%70.67% (-0.89%)

11% less call options, than puts

Call options by funds: $786K | Put options by funds: $887K

Holders
236
Holders Change
+20
Holders Change %
+9.26%
% of All Funds
3.71%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
39
Increased
96
Reduced
63
Closed
16
Calls
$786K
Puts
$887K
Net Calls
-$101K
Net Calls Change
+$1.01M
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
26
Franklin Resources
California
$40.1M +$1.22M +8,419 +3%
BFS
27
Baskin Financial Services
Ontario, Canada
$38.4M +$80.1K +551 +0.2%
UCFA
28
United Capital Financial Advisors
Texas
$36.2M -$1.24M -8,526 -3%
TPM
29
Triasima Portfolio Management
Quebec, Canada
$35.6M +$37.8K +260 +0.1%
LCM
30
Lionstone Capital Management
New York
$33.3M
Fiera Capital (Canada)
31
Fiera Capital (Canada)
Quebec, Canada
$32.7M -$2.89M -19,885 -9%
TD Asset Management
32
TD Asset Management
Ontario, Canada
$32.3M -$2.34M -16,063 -7%
BFM
33
Boston Financial Management
Massachusetts
$31.5M -$81.4K -560 -0.3%
Legal & General Group
34
Legal & General Group
United Kingdom
$29M +$4.16M +28,624 +18%
JP Morgan Chase
35
JP Morgan Chase
New York
$28.7M +$8.13M +55,930 +43%
QC
36
Quadrature Capital
United Kingdom
$27.7M +$10.7M +73,900 +70%
Ameriprise
37
Ameriprise
Minnesota
$27.4M -$24.5M -168,872 -49%
Geode Capital Management
38
Geode Capital Management
Massachusetts
$26.6M +$1.72M +11,850 +7%
Dimensional Fund Advisors
39
Dimensional Fund Advisors
Texas
$23.9M +$640K +4,400 +3%
Bank of America
40
Bank of America
North Carolina
$23.7M -$1.53M -10,548 -6%
Swiss National Bank
41
Swiss National Bank
Switzerland
$23.2M -$1.31M -9,000 -6%
OCAM
42
Onex Canada Asset Management
Ontario, Canada
$21.5M -$4.68M -32,216 -19%
Janus Henderson Group
43
Janus Henderson Group
United Kingdom
$20.8M -$1.48M -10,214 -7%
Massachusetts Financial Services
44
Massachusetts Financial Services
Massachusetts
$20.3M +$64.1K +441 +0.3%
AC
45
AltraVue Capital
Washington
$20M +$100K +690 +0.5%
CW
46
Connectus Wealth
Ohio
$19.7M +$715K +4,918 +4%
Thrivent Financial for Lutherans
47
Thrivent Financial for Lutherans
Minnesota
$17.8M +$2.76M +18,974 +20%
RJA
48
Raymond James & Associates
Florida
$16.9M +$540K +3,713 +3%
WCA
49
Waratah Capital Advisors
Ontario, Canada
$16.5M -$626K -4,309 -4%
JSA
50
Jacobson & Schmitt Advisors
Wisconsin
$15.4M +$52.5K +361 +0.4%

FSV Hedge Fund Activity: Q2 2023 in Review

236 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q2 2023, worth a combined $4.86B — up 8.1% from $4.49B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new FSV positions and 16 closed out — a net gain of 23 holders — while 96 added to existing stakes and 63 trimmed.

The largest buyer was Fidelity International, adding an estimated $29.2M. The largest seller was Durable Capital Partners, cutting an estimated $83.8M.

  • 236 institutional investors held FirstService (FSV) as of Q2 2023, up from 216 in Q1 2023.
  • Funds reported $4.86B of FirstService stock for Q2 2023, up 8.1% quarter-over-quarter.
  • 39 funds opened new FirstService positions in Q2 2023 and 16 closed out, a net change of +23 holders.
  • The largest FirstService buyer in Q2 2023 was Fidelity International, an estimated $29.2M added.
  • The largest FirstService seller in Q2 2023 was Durable Capital Partners, an estimated $83.8M sold.

Based on aggregated 13F filings for Q2 2023.