FirstService
285 hedge funds and large institutions have $5.65B invested in FirstService in 2024 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 125 increasing their positions, 81 reducing their positions, and 20 closing their positions.
75% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 20
54% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 81
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
32% more call options, than puts
Call options by funds: $1.02M | Put options by funds: $774K
19% more capital invested
Capital invested by funds: $4.73B → $5.65B (+$916M)
5% more funds holding
Funds holding: 271 → 285 (+14)
0.47% more ownership
Funds ownership: 69.12% → 69.59% (+0.47%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$73.3M |
| 2 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$71.8M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$66.9M |
| 4 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$36.4M |
| 5 |
Morgan Stanley
New York
|
+$24.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$106M |
| 2 |
Millennium Management
New York
|
-$34M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$33.4M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$30.7M |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
-$27.3M |
FSV Hedge Fund Activity: Q3 2024 in Review
285 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q3 2024, worth a combined $5.65B — up 19% from $4.73B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new FSV positions and 20 closed out — a net gain of 15 holders — while 125 added to existing stakes and 81 trimmed.
The largest buyer was T. Rowe Price Associates, opening a new position worth an estimated $73.3M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $106M.
- 285 institutional investors held FirstService (FSV) as of Q3 2024, up from 271 in Q2 2024.
- Funds reported $5.65B of FirstService stock for Q3 2024, up 19% quarter-over-quarter.
- 35 funds opened new FirstService positions in Q3 2024 and 20 closed out, a net change of +15 holders.
- The largest FirstService buyer in Q3 2024 was T. Rowe Price Associates, an estimated $73.3M added.
- The largest FirstService seller in Q3 2024 was Manulife (Manufacturers Life Insurance), an estimated $106M sold.
Based on aggregated 13F filings for Q3 2024.