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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
SCM
76
Sterling Capital Management
North Carolina
$329K -$326K -8,833 -52%
AAM
77
Auxier Asset Management
Oregon
$302K
Millennium Management
78
Millennium Management
New York
$295K +$269K +7,300 New
Brown Advisory
79
Brown Advisory
Maryland
$284K +$16.7K +452 +7%
PPA
80
Parametric Portfolio Associates
Washington
$237K -$20.3K -551 -9%
Two Sigma Advisers
81
Two Sigma Advisers
New York
$231K +$210K +5,708 New
JP Morgan Chase
82
JP Morgan Chase
New York
$167K +$152K +4,137 New
UBS Group
83
UBS Group
Switzerland
$139K -$84K -2,280 -40%
Legal & General Group
84
Legal & General Group
United Kingdom
$80K +$25.8K +700 +54%
TRCT
85
Tower Research Capital (TRC)
New York
$66K +$6.86K +186 +19%
Zurich Cantonal Bank
86
Zurich Cantonal Bank
Switzerland
$65K +$53.6K +1,454 +909%
US Bancorp
87
US Bancorp
Minnesota
$47K -$36K -978 -46%
Victory Capital Management
88
Victory Capital Management
Texas
$45K +$2.25K +61 +6%
EFSCE
89
Enterprise Financial Services Corp (EFSC)
Missouri
$8K
MCM
90
McKinley Capital Management
Alaska
$8K
PRS
91
Pinkerton Retirement Specialists
Idaho
$7K
Creative Planning
92
Creative Planning
Kansas
$4K
Manulife (Manufacturers Life Insurance)
93
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.02K +$17.8K +483 +2%
MFS
94
MSI Financial Services
Massachusetts
$1K +$663 +18 New
Northwestern Mutual Wealth Management
95
Northwestern Mutual Wealth Management
Wisconsin
$1K +$1.36K +37 New
RP
96
Reinhart Partners
Wisconsin
-$1.19M -36,773 Closed
Bank of Nova Scotia
97
Bank of Nova Scotia
Ontario, Canada
-$236K -7,295 Closed
IRS
98
Invictus RG (Singapore)
Singapore
-$58K -1,800 Closed
Fifth Third Bancorp
99
Fifth Third Bancorp
Ohio
-$2K -72 Closed
MCO
100
MAK Capital One
New York
-$2K -62 Closed

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.