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FirstService
FSV

264 hedge funds and large institutions have $5.07B invested in FirstService in 2023 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 103 increasing their positions, 85 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

215% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 13

21% more repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 85

14% more funds holding in top 10

Funds holding in top 10: 7 → 8 (+1)

11% more funds holding

Funds holding: 237 → 264 (+27)

11% more capital invested

Capital invested by funds: $4.57B → $5.07B (+$509M)

0.16% more ownership

Funds ownership: 69.98% → 70.15% (+0.16%)

95% less call options, than puts

Call options by funds: $227K | Put options by funds: $4.58M

Holders
264
Holders Change
+27
Holders Change %
+11.39%
% of All Funds
3.85%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.12%
New
41
Increased
103
Reduced
85
Closed
13
Calls
$227K
Puts
$4.58M
Net Calls
-$4.36M
Net Calls Change
-$4.73M

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$72.5M
2
Goldman Sachs
Goldman Sachs
New York
+$36.3M
3
ClearBridge Investments
ClearBridge Investments
New York
+$35.7M
4
Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
+$22.9M
5
Millennium Management
Millennium Management
New York
+$13.2M

Top Sellers

1
T. Rowe Price Investment Management
T. Rowe Price Investment Management
Maryland
-$51.3M
2
Franklin Resources
Franklin Resources
California
-$37.2M
3
DCP
Durable Capital Partners
Maryland
-$23.1M
4
FAM
Fred Alger Management
New York
-$21.2M
5
UCFA
United Capital Financial Advisors
Texas
-$13.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
AIMCA
76
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$5.93M – – –
Mitsubishi UFJ Trust & Banking
77
Mitsubishi UFJ Trust & Banking
Japan
$5.2M +$1.72M +11,400 +55%
N
78
Nuveen
North Carolina
$5.2M +$4.83M +31,940 New
CF
79
Canoe Financial
Alberta, Canada
$4.78M +$1.18M +7,811 +36%
BlackRock
80
BlackRock
New York
$4.6M -$639K -4,227 -13%
Corient Private Wealth
81
Corient Private Wealth
Florida
$4.5M -$7.38M -48,848 -64%
LCM
82
Legato Capital Management
California
$4.14M – – –
Truist Financial
83
Truist Financial
North Carolina
$4.14M -$1.39M -9,221 -27%
D.E. Shaw & Co
84
D.E. Shaw & Co
New York
$3.99M +$968K +6,400 +35%
Luther King Capital Management (LKCM)
85
Luther King Capital Management (LKCM)
Texas
$3.98M +$48.2K +319 +1%
ACM
86
Argent Capital Management
Missouri
$3.86M +$654K +4,325 +22%
New York State Common Retirement Fund
87
New York State Common Retirement Fund
New York
$3.78M – – –
Two Sigma Investments
88
Two Sigma Investments
New York
$3.78M +$790K +5,225 +29%
Natixis Advisors
89
Natixis Advisors
Massachusetts
$3.77M +$58.1K +384 +2%
Amundi
90
Amundi
France
$3.52M +$242K +1,600 +8%
Qube Research & Technologies (QRT)
91
Qube Research & Technologies (QRT)
United Kingdom
$3.42M +$2.04M +13,501 +178%
Canada Life
92
Canada Life
Manitoba, Canada
$3.37M +$63K +417 +2%
Two Sigma Advisers
93
Two Sigma Advisers
New York
$3.24M -$1.69M -11,192 -36%
Pictet Asset Management
94
Pictet Asset Management
Switzerland
$3.2M +$94.3K +624 +3%
NIM
95
Nexus Investment Management
Ontario, Canada
$3.18M -$18.9K -125 -0.6%
MSV
96
MN Services Vermogensbeheer
Netherlands
$3.14M -$15.1K -100 -0.5%
ACM
97
Aubrey Capital Management
United Kingdom
$3.13M -$106K -700 -4%
Voloridge Investment Management
98
Voloridge Investment Management
Florida
$3.12M -$845K -5,588 -22%
UBS Group
99
UBS Group
Switzerland
$3.05M +$959K +6,341 +51%
SIG
100
Sargent Investment Group
Maryland
$3.04M +$610K +4,033 +27%
2 3
4
5 6

FSV Hedge Fund Activity: Q4 2023 in Review

264 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q4 2023, worth a combined $5.07B — up 11% from $4.57B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new FSV positions and 13 closed out — a net gain of 28 holders — while 103 added to existing stakes and 85 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $72.5M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $51.3M.

  • 264 institutional investors held FirstService (FSV) as of Q4 2023, up from 237 in Q3 2023.
  • Funds reported $5.07B of FirstService stock for Q4 2023, up 11% quarter-over-quarter.
  • 41 funds opened new FirstService positions in Q4 2023 and 13 closed out, a net change of +28 holders.
  • The largest FirstService buyer in Q4 2023 was Morgan Stanley, an estimated $72.5M added.
  • The largest FirstService seller in Q4 2023 was T. Rowe Price Investment Management, an estimated $51.3M sold.

Based on aggregated 13F filings for Q4 2023.