FirstService
87 hedge funds and large institutions have $651M invested in FirstService in 2015 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 23 increasing their positions, 26 reducing their positions, and 5 closing their positions.
380% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 5
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
26% more funds holding
Funds holding: 69 → 87 (+18)
22% more capital invested
Capital invested by funds: $535M → $651M (+$116M)
12% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Weatherbie Capital
Boston,
Massachusetts
|
+$24.9M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$17.8M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$13.8M |
| 4 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$9.52M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$9.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$75.9M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$32.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$22.6M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$4.97M |
| 5 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$4.23M |
FSV Hedge Fund Activity: Q3 2015 in Review
87 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q3 2015, worth a combined $651M — up 22% from $535M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FSV positions and 5 closed out — a net gain of 19 holders — while 23 added to existing stakes and 26 trimmed.
The largest buyer was Weatherbie Capital, opening a new position worth an estimated $24.9M. The largest seller was William Blair & Company, cutting an estimated $75.9M.
- 87 institutional investors held FirstService (FSV) as of Q3 2015, up from 69 in Q2 2015.
- Funds reported $651M of FirstService stock for Q3 2015, up 22% quarter-over-quarter.
- 24 funds opened new FirstService positions in Q3 2015 and 5 closed out, a net change of +19 holders.
- The largest FirstService buyer in Q3 2015 was Weatherbie Capital, an estimated $24.9M added.
- The largest FirstService seller in Q3 2015 was William Blair & Company, an estimated $75.9M sold.
Based on aggregated 13F filings for Q3 2015.