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FirstService

170 hedge funds and large institutions have $4.12B invested in FirstService in 2020 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 57 increasing their positions, 65 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 12

13% more funds holding

Funds holding: 151170 (+19)

1% less capital invested

Capital invested by funds: $4.17B → $4.12B (-$44.2M)

2.78% less ownership

Funds ownership: 70.94%68.16% (-2.8%)

12% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 65

33% less funds holding in top 10

Funds holding in top 10: 96 (-3)

Holders
170
Holders Change
+19
Holders Change %
+12.58%
% of All Funds
3.01%
Holding in Top 10
6
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-33.33%
% of All Funds
0.11%
New
32
Increased
57
Reduced
65
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NEI
51
Northwest & Ethical Investments
Ontario, Canada
$13.2M -$2.92M -21,690 -18%
AC
52
AltraVue Capital
Washington
$11.6M +$4.41M +32,730 +63%
Comerica Bank
53
Comerica Bank
Texas
$10.4M +$622K +4,616 +6%
RCMC
54
RK Capital Management (Colorado)
Colorado
$10.3M -$606K -4,500 -6%
Millennium Management
55
Millennium Management
New York
$9.55M +$9.4M +69,809 New
OCM
56
Osterweis Capital Management
California
$9.38M +$644K +4,780 +7%
Bank of New York Mellon
57
Bank of New York Mellon
New York
$8.33M +$7.36M +54,680 +882%
JP Morgan Chase
58
JP Morgan Chase
New York
$8.05M +$4.35M +32,320 +122%
Goldman Sachs
59
Goldman Sachs
New York
$7.68M -$1.44M -10,721 -16%
EAM
60
Eagle Asset Management
Florida
$7.66M -$7.21M -53,563 -49%
RJA
61
Raymond James & Associates
Florida
$7.62M -$353K -2,622 -4%
CP
62
Cumberland Partners
Ontario, Canada
$7.3M -$1.85M -13,700 -20%
CS
63
Credit Suisse
Switzerland
$6.87M +$3.01M +22,365 +80%
Acadian Asset Management
64
Acadian Asset Management
Massachusetts
$6.05M +$5.3M +39,344 +803%
CRC
65
Catawba River Capital
South Carolina
$5.58M +$5.49M +40,791 New
Franklin Resources
66
Franklin Resources
California
$5.41M -$738K -5,483 -12%
Truist Financial
67
Truist Financial
North Carolina
$5.36M +$391K +2,905 +8%
Deutsche Bank
68
Deutsche Bank
Germany
$5.17M +$3.1M +23,028 +156%
Two Sigma Investments
69
Two Sigma Investments
New York
$4.85M +$4.78M +35,460 New
WCA
70
Waratah Capital Advisors
Ontario, Canada
$4.52M +$1.07M +7,950 +32%
LCM
71
Legato Capital Management
California
$4.16M +$64.6K +480 +2%
State of Wisconsin Investment Board
72
State of Wisconsin Investment Board
Wisconsin
$4.1M +$2.81M +20,840 +228%
Arrowstreet Capital
73
Arrowstreet Capital
Massachusetts
$3.84M +$3.78M +28,045 New
Zurich Cantonal Bank
74
Zurich Cantonal Bank
Switzerland
$3.77M +$3.14M +23,340 +554%
Citadel Advisors
75
Citadel Advisors
Florida
$3.45M -$1.98M -14,666 -37%

FSV Hedge Fund Activity: Q4 2020 in Review

170 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q4 2020, worth a combined $4.12B — down 1.1% from $4.17B a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new FSV positions and 12 closed out — a net gain of 20 holders — while 57 added to existing stakes and 65 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $69.4M. The largest seller was Mackenzie Financial, cutting an estimated $210M.

  • 170 institutional investors held FirstService (FSV) as of Q4 2020, up from 151 in Q3 2020.
  • Funds reported $4.12B of FirstService stock for Q4 2020, down 1.1% quarter-over-quarter.
  • 32 funds opened new FirstService positions in Q4 2020 and 12 closed out, a net change of +20 holders.
  • The largest FirstService buyer in Q4 2020 was Manulife (Manufacturers Life Insurance), an estimated $69.4M added.
  • The largest FirstService seller in Q4 2020 was Mackenzie Financial, an estimated $210M sold.

Based on aggregated 13F filings for Q4 2020.