FirstService
FSV
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.
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: 3 → 4 (+1)
29% more capital invested
Capital invested by funds: $650M → $838M (+$188M)
9% more funds holding
Funds holding: 87 → 95 (+8)
6% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 32
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Citigroup
New York
| – | -$1K | -57 | Closed |
|
|
BIM
102
BlackRock Investment Management
Wilmington,
Delaware
| – | -$2K | -55 | 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.