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.
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: 142 → 139 (-3)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
151
PDT Partners
New York
| – | -$236K | -2,300 | Closed |
|
152
Allianz Asset Management
Munich,
Germany
| – | -$235K | -2,293 | Closed |
|
|
SAM
153
Symphony Asset Management
San Francisco,
California
| – | -$234K | -2,282 | Closed |
|
|
DIM
154
DC Investments Management
Mclean,
Virginia
| – | -$208K | -2,032 | Closed |
|
155
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$57K | -554 | Closed |
|
156
Barclays
London,
United Kingdom
| – | -$9K | -85 | Closed |
|
|
FGAM
157
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$3K | -34 | 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.