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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
AIA
76
Avalon Investment & Advisory
Texas
$3.42M -$88.1K -654 -3%
New York State Common Retirement Fund
77
New York State Common Retirement Fund
New York
$3.12M +$52.5K +390 +2%
William Blair & Company
78
William Blair & Company
Illinois
$3.02M +$3.23K +24 +0.1%
NIM
79
Nexus Investment Management
Ontario, Canada
$2.96M
SC
80
Scotia Capital
Ontario, Canada
$2.96M +$318K +2,364 +12%
Wells Fargo
81
Wells Fargo
California
$2.89M -$1.17M -8,671 -29%
GIC
82
GFI Investment Counsel
Ontario, Canada
$2.78M -$147K -1,094 -3%
PIC
83
PCJ Investment Counsel
Ontario, Canada
$2.46M -$4.08M -30,270 -63%
State of Tennessee, Department of Treasury
84
State of Tennessee, Department of Treasury
Tennessee
$2.41M -$2.09M -15,554 -47%
OAM
85
Oppenheimer Asset Management
New York
$2.31M +$101K +750 +5%
AG
86
Aperio Group
California
$2.29M -$272K -2,023 -11%
Luther King Capital Management (LKCM)
87
Luther King Capital Management (LKCM)
Texas
$2.27M -$958K -7,110 -30%
Fidelity Investments
88
Fidelity Investments
Massachusetts
$2.24M -$12.2M -90,710 -85%
DekaBank Deutsche Girozentrale
89
DekaBank Deutsche Girozentrale
Germany
$2.22M +$1.95M +14,477 +823%
AAF
90
Andra AP-fonden
Sweden
$2.19M +$1.7M +12,600 New
PAMU
91
Pictet Asset Management (UK)
United Kingdom
$2.17M +$1.72M +12,778 +412%
Northern Trust
92
Northern Trust
Illinois
$2.15M -$57.6K -428 -3%
Citigroup
93
Citigroup
New York
$2.03M +$1.94M +14,380 +3,196%
SGM
94
Skye Global Management
Florida
$1.98M +$714K +5,300 +58%
CPWM
95
Cardinal Point Wealth Management
California
$1.86M +$1.84M +13,636 New
Victory Capital Management
96
Victory Capital Management
Texas
$1.84M -$129K -960 -7%
Envestnet Asset Management
97
Envestnet Asset Management
Illinois
$1.8M +$138K +1,024 +8%
AAMU
98
Amundi Asset Management US
Massachusetts
$1.75M +$1.43M +10,605 +482%
HSBC Holdings
99
HSBC Holdings
United Kingdom
$1.66M +$704K +5,224 +76%
SIG
100
Sargent Investment Group
Maryland
$1.62M -$95.8K -711 -6%

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.