FirstService
272 hedge funds and large institutions have $5.16B invested in FirstService in 2024 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 105 increasing their positions, 98 reducing their positions, and 21 closing their positions.
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
3% more funds holding
Funds holding: 264 → 272 (+8)
7% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 98
2% more capital invested
Capital invested by funds: $5.07B → $5.16B (+$84.1M)
0% more call options, than puts
Call options by funds: $365K | Put options by funds: $365K
0.96% less ownership
Funds ownership: 70.15% → 69.19% (-0.96%)
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
Top Sellers
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$79.3M |
| 2 |
Morgan Stanley
New York
|
-$66.4M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$41.2M |
| 4 |
Goldman Sachs
New York
|
-$23.4M |
| 5 |
FAM
Fred Alger Management
New York
|
-$17.5M |
FSV Hedge Fund Activity: Q1 2024 in Review
272 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q1 2024, worth a combined $5.16B — up 1.7% from $5.07B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FSV positions and 21 closed out — a net gain of 9 holders — while 105 added to existing stakes and 98 trimmed.
The largest buyer was Fidelity International, adding an estimated $40.6M. The largest seller was Mackenzie Financial, cutting an estimated $79.3M.
- 272 institutional investors held FirstService (FSV) as of Q1 2024, up from 264 in Q4 2023.
- Funds reported $5.16B of FirstService stock for Q1 2024, up 1.7% quarter-over-quarter.
- 30 funds opened new FirstService positions in Q1 2024 and 21 closed out, a net change of +9 holders.
- The largest FirstService buyer in Q1 2024 was Fidelity International, an estimated $40.6M added.
- The largest FirstService seller in Q1 2024 was Mackenzie Financial, an estimated $79.3M sold.
Based on aggregated 13F filings for Q1 2024.