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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
MWNA
126
Marshall Wace North America
New York
$177K +$64.6K +686 +57%
FDCDDQ
127
Federation des caisses Desjardins du Quebec
Quebec, Canada
$86.6K -$847 -9 -1%
QT
128
Quantbot Technologies
New York
$83K +$84.7K +900 New
GT
129
Glenmede Trust
Pennsylvania
$73K +$21.7K +230 +41%
AIM
130
Aigen Investment Management
New York
$32K +$32.8K +348 New
CFB
131
Cullen/Frost Bankers
Texas
$31K +$26K +276 +460%
PCG
132
Private Capital Group
Connecticut
$18K
S
133
SignatureFD
Georgia
$12K -$2.83K -30 -18%
QCG
134
Quadrant Capital Group
Ohio
$12K +$13.1K +139 New
Fifth Third Bancorp
135
Fifth Third Bancorp
Ohio
$10K +$2.17K +23 +28%
EW
136
Evoke Wealth
California
$6.7K
FRA
137
Front Row Advisors
California
$4K -$565 -6 -13%
LTFS
138
Ladenburg Thalmann Financial Services
Florida
$4K +$1.7K +18 +82%
APA
139
American Portfolios Advisors
New York
$2.42K +$1.13K +12 +86%
HIM
140
Hillsdale Investment Management
Ontario, Canada
-$22.4M -218,640 Closed
EGI
141
EAM Global Investors
California
-$2.71M -26,394 Closed
BCM
142
Barometer Capital Management
Ontario, Canada
-$2.98M -21,900 Closed
Fidelity Investments
143
Fidelity Investments
Massachusetts
-$1.85M -18,083 Closed
BlackRock
144
BlackRock
New York
-$1.71M -16,643 Closed
State of Wisconsin Investment Board
145
State of Wisconsin Investment Board
Wisconsin
-$1.23M -12,007 Closed
SIM
146
Spark Investment Management
New York
-$1.13M -11,000 Closed
OAC
147
OMERS Administration Corp
Ontario, Canada
-$616K -6,000 Closed
AAM
148
Arabesque Asset Management
United Kingdom
-$451K -4,400 Closed
CSS
149
Cubist Systematic Strategies
Connecticut
-$309K -3,014 Closed
DCM
150
Driehaus Capital Management
Illinois
-$294K -2,866 Closed

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.