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FirstService

139 hedge funds and large institutions have $2.59B invested in FirstService in 2019 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 64 increasing their positions, 43 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

49% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 43

6.84% more ownership

Funds ownership: 62.03%68.88% (+6.8%)

7% more capital invested

Capital invested by funds: $2.43B → $2.59B (+$159M)

6% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 18

2% less funds holding

Funds holding: 142139 (-3)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
139
Holders Change
-3
Holders Change %
-2.11%
% of All Funds
2.74%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.08%
New
17
Increased
64
Reduced
43
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Arrowstreet Capital
101
Arrowstreet Capital
Massachusetts
$586K +$593K +6,300 New
Russell Investments Group
102
Russell Investments Group
United Kingdom
$582K -$145K -1,535 -20%
Bank of New York Mellon
103
Bank of New York Mellon
New York
$581K +$9.42K +100 +2%
AP
104
Archon Partners
New Jersey
$568K +$151K +1,600 +36%
Deutsche Bank
105
Deutsche Bank
Germany
$476K +$108K +1,149 +29%
SGM
106
Skye Global Management
Florida
$447K +$377K +4,000 +500%
AI
107
Atria Investments
North Carolina
$431K +$94.3K +1,001 +28%
KCM
108
Kornitzer Capital Management
Kansas
$421K -$122K -1,300 -22%
PPA
109
Parametric Portfolio Associates
Washington
$390K -$12.2K -130 -3%
SPIA
110
Steward Partners Investment Advisory
New York
$389K +$94 +1 +0%
AG
111
Advisor Group
Arizona
$355K +$79.6K +845 +29%
SAM
112
Shell Asset Management
Netherlands
$343K +$103K +1,091 +42%
ETC
113
Exchange Traded Concepts
Oklahoma
$332K +$336K +3,564 New
OWM
114
Orgel Wealth Management
Wisconsin
$307K
CF
115
Centaurus Financial
California
$294K +$297K +3,155 New
LNWWM
116
Laird Norton Wetherby Wealth Management
California
$288K
Citigroup
117
Citigroup
New York
$283K -$6.12K -65 -2%
OSAM
118
O'Shaughnessy Asset Management
Connecticut
$271K -$5.47M -58,059 -95%
AWA
119
ARS Wealth Advisors
Florida
$264K
VF
120
Virtu Financial
New York
$263K +$266K +2,825 New
Zurich Cantonal Bank
121
Zurich Cantonal Bank
Switzerland
$255K +$74.8K +794 +41%
HC
122
Henshaw Capital
Massachusetts
$249K +$252K +2,674 New
LPL Financial
123
LPL Financial
California
$229K +$232K +2,465 New
TIM
124
Thompson Investment Management
Wisconsin
$226K +$21.2K +225 +10%
US Bancorp
125
US Bancorp
Minnesota
$202K

FSV Hedge Fund Activity: Q4 2019 in Review

139 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q4 2019, worth a combined $2.59B — up 6.6% from $2.43B a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of FSV and 17 opened new positions — a net loss of 1 holder — while 43 trimmed existing stakes and 64 added.

The largest buyer was Mackenzie Financial, adding an estimated $147M. The largest seller was T. Rowe Price Associates, cutting an estimated $38M.

  • 139 institutional investors held FirstService (FSV) as of Q4 2019, down from 142 in Q3 2019.
  • Funds reported $2.59B of FirstService stock for Q4 2019, up 6.6% quarter-over-quarter.
  • 17 funds opened new FirstService positions in Q4 2019 and 18 closed out, a net change of -1 holder.
  • The largest FirstService buyer in Q4 2019 was Mackenzie Financial, an estimated $147M added.
  • The largest FirstService seller in Q4 2019 was T. Rowe Price Associates, an estimated $38M sold.

Based on aggregated 13F filings for Q4 2019.