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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
Chevy Chase Trust
101
Chevy Chase Trust
Maryland
$1.59M
Korea Investment Corp
102
Korea Investment Corp
South Korea
$1.46M +$1.44M +10,700 New
AWW
103
Alan W. Weber
$1.38M
Toronto Dominion Bank
104
Toronto Dominion Bank
Ontario, Canada
$1.37M -$13.1K -97 -1%
PPA
105
Parametric Portfolio Associates
Washington
$1.33M +$100K +746 +8%
RJFSA
106
Raymond James Financial Services Advisors
Florida
$1.3M -$139K -1,032 -10%
Skandinaviska Enskilda Banken (SEB)
107
Skandinaviska Enskilda Banken (SEB)
Sweden
$1.15M +$1.13M +8,400 New
Allianz Asset Management
108
Allianz Asset Management
Germany
$1.12M +$1.1M +8,204 New
BGCP
109
Bristol Gate Capital Partners
Ontario, Canada
$1.09M +$415K +3,083 +63%
SIC
110
Schwartz Investment Counsel
Michigan
$1.03M
AAM
111
Auxier Asset Management
Oregon
$1.01M
SAM
112
Shell Asset Management
Netherlands
$1M +$276K +2,048 +39%
ACI
113
AMP Capital Investors
Australia
$885K +$880K +6,532 New
UBS Group
114
UBS Group
Switzerland
$879K -$288K -2,140 -25%
ACM
115
Argent Capital Management
Missouri
$795K -$1.07M -7,910 -58%
Osaic Holdings
116
Osaic Holdings
Arizona
$763K -$43.2K -321 -5%
SLAM
117
Swiss Life Asset Management
$711K +$701K +5,202 New
AWP
118
Accretive Wealth Partners
New Jersey
$709K +$698K +5,184 New
Marshall Wace
119
Marshall Wace
United Kingdom
$697K -$2.61M -19,379 -79%
AllianceBernstein
120
AllianceBernstein
Tennessee
$684K +$418K +3,100 +163%
TC
121
Tacita Capital
Ontario, Canada
$679K +$670K +4,975 New
Qube Research & Technologies (QRT)
122
Qube Research & Technologies (QRT)
United Kingdom
$643K +$217K +1,608 +52%
GT
123
Glenmede Trust
Pennsylvania
$618K +$30.3K +225 +5%
KCM
124
Kornitzer Capital Management
Kansas
$573K
BBVA
125
Banco Bilbao Vizcaya Argentaria
Spain
$573K +$565K +4,192 New

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.