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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
Russell Investments Group
126
Russell Investments Group
United Kingdom
$563K +$49.2K +365 +10%
CAM
127
Claret Asset Management
Quebec, Canada
$516K -$9.43K -70 -2%
ACM
128
AlphaCrest Capital Management
New York
$492K +$485K +3,600 New
OWM
129
Orgel Wealth Management
Wisconsin
$450K
HC
130
Henshaw Capital
Massachusetts
$432K
Two Sigma Advisers
131
Two Sigma Advisers
New York
$424K +$418K +3,100 New
CF
132
Centaurus Financial
California
$419K -$4.71K -35 -1%
TIM
133
Thompson Investment Management
Wisconsin
$399K
LNWWM
134
Laird Norton Wetherby Wealth Management
California
$389K -$18.3K -136 -5%
AWA
135
ARS Wealth Advisors
Florida
$388K
US Bancorp
136
US Bancorp
Minnesota
$365K +$5.66K +42 +2%
SPIA
137
Steward Partners Investment Advisory
New York
$357K +$2.02K +15 +0.6%
CCIA
138
Campbell & Co Investment Adviser
Maryland
$342K +$337K +2,500 New
MCG
139
MACRO Consulting Group
New Jersey
$330K +$1.62K +12 +0.5%
Jane Street
140
Jane Street
New York
$315K -$1.59M -11,814 -84%
LPL Financial
141
LPL Financial
California
$311K +$21.7K +161 +8%
PP
142
PDT Partners
New York
$309K +$304K +2,259 New
CSS
143
Cubist Systematic Strategies
Connecticut
$298K -$131K -971 -31%
AIM
144
Aigen Investment Management
New York
$263K +$259K +1,926 New
MIM
145
Marco Investment Management
Georgia
$243K
AAM
146
Arabesque Asset Management
United Kingdom
$240K +$237K +1,758 New
Jennison Associates
147
Jennison Associates
New York
$221K +$218K +1,618 New
QSS
148
Quantitative Systematic Strategies
Florida
$216K +$212K +1,577 New
PCM
149
PenderFund Capital Management
British Columbia, Canada
$209K
OSAM
150
O'Shaughnessy Asset Management
Connecticut
$183K +$172K +1,279 +2,132%

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.