We are live on ! Find out more
FSV icon

FirstService
FSV

236 hedge funds and large institutions have $4.86B invested in FirstService in 2023 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 96 increasing their positions, 63 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

144% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 16

52% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 63

9% more funds holding

Funds holding: 216 → 236 (+20)

8% more capital invested

Capital invested by funds: $4.49B → $4.86B (+$365M)

0% more funds holding in top 10

Funds holding in top 10: 5 → 5 (0)

0.89% less ownership

Funds ownership: 71.56% → 70.67% (-0.89%)

11% less call options, than puts

Call options by funds: $786K | Put options by funds: $887K

Holders
236
Holders Change
+20
Holders Change %
+9.26%
% of All Funds
3.71%
Holding in Top 10
5
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.08%
New
39
Increased
96
Reduced
63
Closed
16
Calls
$786K
Puts
$887K
Net Calls
-$101K
Net Calls Change
+$1.01M

Top Buyers

1
Fidelity International
Fidelity International
Bermuda
+$29.2M
2
American Century Companies
American Century Companies
Missouri
+$22.4M
3
QC
Quadrature Capital
United Kingdom
+$10.7M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$8.64M
5
Millennium Management
Millennium Management
New York
+$8.5M

Top Sellers

1
DCP
Durable Capital Partners
Maryland
-$83.8M
2
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$67.3M
3
Ameriprise
Ameriprise
Minnesota
-$24.5M
4
FAM
Fred Alger Management
New York
-$15M
5
Bank of Montreal
Bank of Montreal
Ontario, Canada
-$6.88M
Name Holding Trade Value Shares
Change 		Change in
Stake
CP
76
Cumberland Partners
Ontario, Canada
$5.69M +$31.4K +216 +0.6%
Truist Financial
77
Truist Financial
North Carolina
$5.64M -$377K -2,596 -7%
NEI
78
Northwest & Ethical Investments
Ontario, Canada
$5.63M -$156K -1,072 -3%
AIMCA
79
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$5.61M +$700K +4,814 +15%
AAF
80
Andra AP-fonden
Sweden
$4.86M +$1.53M +10,500 +79%
Two Sigma Investments
81
Two Sigma Investments
New York
$4.73M +$4.46M +30,706 New
Citadel Advisors
82
Citadel Advisors
Florida
$4.61M -$662K -4,551 -13%
GIC
83
GFI Investment Counsel
Ontario, Canada
$4.58M – – –
Toronto Dominion Bank
84
Toronto Dominion Bank
Ontario, Canada
$4.39M -$945K -6,501 -19%
IIM
85
Intact Investment Management
Quebec, Canada
$4.27M -$1.92M -13,240 -32%
LCM
86
Legato Capital Management
California
$3.94M +$3.71M +25,555 New
D.E. Shaw & Co
87
D.E. Shaw & Co
New York
$3.85M -$581K -4,000 -14%
CSS
88
Cubist Systematic Strategies
Connecticut
$3.79M +$3.12M +21,431 +683%
Luther King Capital Management (LKCM)
89
Luther King Capital Management (LKCM)
Texas
$3.68M +$86.3K +594 +3%
New York State Common Retirement Fund
90
New York State Common Retirement Fund
New York
$3.59M +$8.72K +60 +0.3%
ACM
91
Argent Capital Management
Missouri
$3.51M +$90.4K +622 +3%
Natixis Advisors
92
Natixis Advisors
Massachusetts
$3.46M +$214K +1,469 +7%
SEI Investments
93
SEI Investments
Pennsylvania
$3.43M -$178K -1,225 -5%
Voloridge Investment Management
94
Voloridge Investment Management
Florida
$3.32M +$1.18M +8,096 +60%
VLKIM
95
Van Lanschot Kempen Investment Management
Netherlands
$3.22M -$160K -1,104 -8%
Canada Life
96
Canada Life
Manitoba, Canada
$3.17M +$462K +3,181 +18%
Mitsubishi UFJ Trust & Banking
97
Mitsubishi UFJ Trust & Banking
Japan
$3.13M +$829K +5,700 +39%
NIM
98
Nexus Investment Management
Ontario, Canada
$3.05M – – –
CF
99
Canoe Financial
Alberta, Canada
$3.04M +$496K +3,409 +21%
Citigroup
100
Citigroup
New York
$3.02M +$502K +3,455 +21%
2 3
4
5 6

FSV Hedge Fund Activity: Q2 2023 in Review

236 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q2 2023, worth a combined $4.86B — up 8.1% from $4.49B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new FSV positions and 16 closed out — a net gain of 23 holders — while 96 added to existing stakes and 63 trimmed.

The largest buyer was Fidelity International, adding an estimated $29.2M. The largest seller was Durable Capital Partners, cutting an estimated $83.8M.

  • 236 institutional investors held FirstService (FSV) as of Q2 2023, up from 216 in Q1 2023.
  • Funds reported $4.86B of FirstService stock for Q2 2023, up 8.1% quarter-over-quarter.
  • 39 funds opened new FirstService positions in Q2 2023 and 16 closed out, a net change of +23 holders.
  • The largest FirstService buyer in Q2 2023 was Fidelity International, an estimated $29.2M added.
  • The largest FirstService seller in Q2 2023 was Durable Capital Partners, an estimated $83.8M sold.

Based on aggregated 13F filings for Q2 2023.