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FirstService

108 hedge funds and large institutions have $1.43B invested in FirstService in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 39 increasing their positions, 44 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more capital invested

Capital invested by funds: $1.35B → $1.43B (+$86M)

4.91% more ownership

Funds ownership: 60.57%65.48% (+4.9%)

2% less funds holding

Funds holding: 110108 (-2)

11% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 44

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

Holders
108
Holders Change
-2
Holders Change %
-1.82%
% of All Funds
2.69%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.1%
New
4
Increased
39
Reduced
44
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
76
Bank of New York Mellon
New York
$905K +$29K +444 +3%
BTS
77
BB&T Securities
Virginia
$852K -$14.1K -216 -2%
PPA
78
Parametric Portfolio Associates
Washington
$823K -$14.6K -223 -2%
Toronto Dominion Bank
79
Toronto Dominion Bank
Ontario, Canada
$815K +$254K +3,892 +46%
RJFSA
80
Raymond James Financial Services Advisors
Florida
$694K
UBS AM
81
UBS AM
Illinois
$686K
SCM
82
Sterling Capital Management
North Carolina
$531K -$314K -4,803 -37%
Envestnet Asset Management
83
Envestnet Asset Management
Illinois
$495K -$89.3K -1,367 -15%
AAM
84
Auxier Asset Management
Oregon
$471K
PIC
85
PCJ Investment Counsel
Ontario, Canada
$387K -$201K -3,070 -34%
Legal & General Group
86
Legal & General Group
United Kingdom
$320K +$91.4K +1,400 +40%
State of Wisconsin Investment Board
87
State of Wisconsin Investment Board
Wisconsin
$308K +$307K +4,700 New
SAM
88
Shell Asset Management
Netherlands
$276K
OAC
89
OMERS Administration Corp
Ontario, Canada
$256K -$385K -5,900 -60%
BUB
90
BBVA USA Bancshares
Texas
$256K -$27.3K -418 -10%
OWM
91
Orgel Wealth Management
Wisconsin
$216K
LNWWM
92
Laird Norton Wetherby Wealth Management
California
$214K
UBS Group
93
UBS Group
Switzerland
$186K -$10.6K -163 -5%
HAM
94
Highstreet Asset Management
Ontario, Canada
$168K +$143K +2,194 +611%
Zurich Cantonal Bank
95
Zurich Cantonal Bank
Switzerland
$144K
Wells Fargo
96
Wells Fargo
California
$123K
OAM
97
Oppenheimer Asset Management
New York
$64K -$2.42K -37 -4%
US Bancorp
98
US Bancorp
Minnesota
$59K
Victory Capital Management
99
Victory Capital Management
Texas
$59K
FDCDDQ
100
Federation des caisses Desjardins du Quebec
Quebec, Canada
$20.3K -$13.2K -202 -39%

FSV Hedge Fund Activity: Q3 2017 in Review

108 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q3 2017, worth a combined $1.43B — up 6.4% from $1.35B a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of FSV and 4 opened new positions — a net loss of 2 holders — while 44 trimmed existing stakes and 39 added.

The largest buyer was Van Berkom & Associates, adding an estimated $120M. The largest seller was William Blair Investment Management, cutting an estimated $14.8M.

  • 108 institutional investors held FirstService (FSV) as of Q3 2017, down from 110 in Q2 2017.
  • Funds reported $1.43B of FirstService stock for Q3 2017, up 6.4% quarter-over-quarter.
  • 4 funds opened new FirstService positions in Q3 2017 and 6 closed out, a net change of -2 holders.
  • The largest FirstService buyer in Q3 2017 was Van Berkom & Associates, an estimated $120M added.
  • The largest FirstService seller in Q3 2017 was William Blair Investment Management, an estimated $14.8M sold.

Based on aggregated 13F filings for Q3 2017.