We are live on ! Find out more
FSV icon

FirstService
FSV

236 hedge funds and large institutions have $4.86B invested in FirstService in 2023 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 96 increasing their positions, 63 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

144% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 16

52% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 63

9% more funds holding

Funds holding: 216 → 236 (+20)

8% more capital invested

Capital invested by funds: $4.49B → $4.86B (+$365M)

0% more funds holding in top 10

Funds holding in top 10: 5 → 5 (0)

0.89% less ownership

Funds ownership: 71.56% → 70.67% (-0.89%)

11% less call options, than puts

Call options by funds: $786K | Put options by funds: $887K

Holders
236
Holders Change
+20
Holders Change %
+9.26%
% of All Funds
3.71%
Holding in Top 10
5
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.08%
New
39
Increased
96
Reduced
63
Closed
16
Calls
$786K
Puts
$887K
Net Calls
-$101K
Net Calls Change
+$1.01M

Top Buyers

1
Fidelity International
Fidelity International
Bermuda
+$29.2M
2
American Century Companies
American Century Companies
Missouri
+$22.4M
3
QC
Quadrature Capital
United Kingdom
+$10.7M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$8.64M
5
Millennium Management
Millennium Management
New York
+$8.5M

Top Sellers

1
DCP
Durable Capital Partners
Maryland
-$83.8M
2
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$67.3M
3
Ameriprise
Ameriprise
Minnesota
-$24.5M
4
FAM
Fred Alger Management
New York
-$15M
5
Bank of Montreal
Bank of Montreal
Ontario, Canada
-$6.88M
Name Holding Trade Value Shares
Change 		Change in
Stake
TIM
176
Thompson Investment Management
Wisconsin
$361K -$68.3K -470 -17%
YMRC
177
Yorktown Management & Research Company
Virginia
$354K – – –
BNP Paribas Financial Markets
178
BNP Paribas Financial Markets
France
$349K +$330K +2,267 New
FTDI
179
First Trust Direct Indexing
Massachusetts
$331K +$12.8K +88 +4%
FDCDDQ
180
Federation des caisses Desjardins du Quebec
Quebec, Canada
$328K +$37.8K +260 +15%
Fidelity Investments
181
Fidelity Investments
Massachusetts
$317K +$50.2K +345 +20%
QCM
182
Quantinno Capital Management
New York
$313K +$296K +2,034 New
NAM
183
NorthCrest Asset Manangement
Minnesota
$304K – – –
LA
184
Lindenwold Advisors
Pennsylvania
$295K -$19.6K -135 -7%
Creative Planning
185
Creative Planning
Kansas
$282K +$266K +1,828 New
Jane Street
186
Jane Street
New York
$266K -$193K -1,328 -43%
Cerity Partners
187
Cerity Partners
New York
$265K +$10.2K +70 +4%
FBT
188
First Bank & Trust
South Dakota
$262K +$5.52K +38 +2%
SSA
189
Schonfeld Strategic Advisors
New York
$262K +$247K +1,700 New
WA
190
Wasatch Advisors
Utah
$260K +$245K +1,688 New
API
191
Advisor Partners II
California
$249K +$234K +1,613 New
VPIM
192
Vanguard Personalized Indexing Management
California
$247K +$233K +1,603 New
ACM
193
Aquatic Capital Management
Illinois
$247K +$116K +800 +100%
MIM
194
Marco Investment Management
Georgia
$233K – – –
MGP
195
Metis Global Partners
California
$205K +$193K +1,329 New
Mariner
196
Mariner
Kansas
$203K +$191K +1,316 New
Skandinaviska Enskilda Banken (SEB)
197
Skandinaviska Enskilda Banken (SEB)
Sweden
$195K +$31.3K +215 +20%
TRCT
198
Tower Research Capital (TRC)
New York
$161K +$106K +729 +232%
PA
199
Parallel Advisors
California
$148K +$1.89K +13 +1%
US Bancorp
200
US Bancorp
Minnesota
$130K +$291 +2 +0.2%
6 7
8
9 10

FSV Hedge Fund Activity: Q2 2023 in Review

236 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q2 2023, worth a combined $4.86B — up 8.1% from $4.49B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new FSV positions and 16 closed out — a net gain of 23 holders — while 96 added to existing stakes and 63 trimmed.

The largest buyer was Fidelity International, adding an estimated $29.2M. The largest seller was Durable Capital Partners, cutting an estimated $83.8M.

  • 236 institutional investors held FirstService (FSV) as of Q2 2023, up from 216 in Q1 2023.
  • Funds reported $4.86B of FirstService stock for Q2 2023, up 8.1% quarter-over-quarter.
  • 39 funds opened new FirstService positions in Q2 2023 and 16 closed out, a net change of +23 holders.
  • The largest FirstService buyer in Q2 2023 was Fidelity International, an estimated $29.2M added.
  • The largest FirstService seller in Q2 2023 was Durable Capital Partners, an estimated $83.8M sold.

Based on aggregated 13F filings for Q2 2023.