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