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FirstService

95 hedge funds and large institutions have $838M invested in FirstService in 2015 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 34 increasing their positions, 32 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

129% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 7

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

29% more capital invested

Capital invested by funds: $650M → $838M (+$188M)

9% more funds holding

Funds holding: 8795 (+8)

6% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 32

Holders
95
Holders Change
+8
Holders Change %
+9.2%
% of All Funds
2.49%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.1%
New
16
Increased
34
Reduced
32
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AG
51
Aperio Group
California
$1.25M -$9.62K -261 -0.8%
RA
52
Royce & Associates
New York
$1.21M +$1.11M +30,000 New
HAM
53
Highstreet Asset Management
Ontario, Canada
$1.09M +$207K +5,622 +26%
DCM
54
Driehaus Capital Management
Illinois
$909K +$828K +22,478 New
BUB
55
BBVA USA Bancshares
Texas
$842K +$308K +8,354 +67%
Chevy Chase Trust
56
Chevy Chase Trust
Maryland
$768K
BCM
57
Barometer Capital Management
Ontario, Canada
$766K +$505K +13,700 New
EIG
58
EdgePoint Investment Group
Ontario, Canada
$753K +$687K +18,643 New
Envestnet Asset Management
59
Envestnet Asset Management
Illinois
$726K +$29.4K +797 +5%
AQR Capital Management
60
AQR Capital Management
Connecticut
$713K +$653K +17,718 New
Northern Trust
61
Northern Trust
Illinois
$686K -$15.3K -415 -2%
SI
62
Scharf Investments
California
$647K
PIC
63
PCJ Investment Counsel
Ontario, Canada
$634K -$596K -16,177 -51%
UBS AM
64
UBS AM
Illinois
$620K -$66.3K -1,800 -10%
Geode Capital Management
65
Geode Capital Management
Massachusetts
$530K +$27.3K +742 +6%
BTS
66
BB&T Securities
Virginia
$513K -$455K -12,337 -49%
Deutsche Bank
67
Deutsche Bank
Germany
$462K -$365K -9,910 -46%
RJFSA
68
Raymond James Financial Services Advisors
Florida
$424K +$389K +10,555 New
1GA
69
1st Global Advisors
Texas
$385K +$16.2K +439 +5%
Jane Street
70
Jane Street
New York
$381K +$347K +9,427 New
Canada Pension Plan Investment Board
71
Canada Pension Plan Investment Board
Ontario, Canada
$374K -$159K -4,307 -32%
OAC
72
OMERS Administration Corp
Ontario, Canada
$374K +$343K +9,300 New
ACH
73
ArrowMark Colorado Holdings
Colorado
$362K -$3.91K -106 -1%
RG
74
Renaissance Group
Kentucky
$361K +$13.7K +373 +4%
PI
75
PineBridge Investments
New York
$352K

FSV Hedge Fund Activity: Q4 2015 in Review

95 of the 3,811 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q4 2015, worth a combined $838M — up 29% from $650M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FSV positions and 7 closed out — a net gain of 9 holders — while 34 added to existing stakes and 32 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $13.8M. The largest seller was Kornitzer Capital Management, cutting an estimated $7.38M.

  • 95 institutional investors held FirstService (FSV) as of Q4 2015, up from 87 in Q3 2015.
  • Funds reported $838M of FirstService stock for Q4 2015, up 29% quarter-over-quarter.
  • 16 funds opened new FirstService positions in Q4 2015 and 7 closed out, a net change of +9 holders.
  • The largest FirstService buyer in Q4 2015 was Bank of Montreal, an estimated $13.8M added.
  • The largest FirstService seller in Q4 2015 was Kornitzer Capital Management, an estimated $7.38M sold.

Based on aggregated 13F filings for Q4 2015.