FirstService
99 hedge funds and large institutions have $1.01B invested in FirstService in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 41 increasing their positions, 37 reducing their positions, and 7 closing their positions.
60.85% more ownership
Funds ownership: 0% → 60.85% (+61%)
11% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 37
7% more capital invested
Capital invested by funds: $945M → $1.01B (+$64.4M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less funds holding
Funds holding: 102 → 99 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$62.3M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$14.3M |
| 3 |
WC
Weatherbie Capital
Boston,
Massachusetts
|
+$5.92M |
| 4 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$5.28M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$4.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$17.6M |
| 2 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$10.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$10.3M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$7.6M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
-$4.17M |
FSV Hedge Fund Activity: Q4 2016 in Review
99 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q4 2016, worth a combined $1.01B — up 6.8% from $945M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FSV and 5 opened new positions — a net loss of 2 holders — while 37 trimmed existing stakes and 41 added.
The largest buyer was T. Rowe Price Associates, opening a new position worth an estimated $62.3M. The largest seller was Wellington Management Group, exiting entirely with an estimated $17.6M sold.
- 99 institutional investors held FirstService (FSV) as of Q4 2016, down from 102 in Q3 2016.
- Funds reported $1.01B of FirstService stock for Q4 2016, up 6.8% quarter-over-quarter.
- 5 funds opened new FirstService positions in Q4 2016 and 7 closed out, a net change of -2 holders.
- The largest FirstService buyer in Q4 2016 was T. Rowe Price Associates, an estimated $62.3M added.
- The largest FirstService seller in Q4 2016 was Wellington Management Group, an estimated $17.6M sold.
Based on aggregated 13F filings for Q4 2016.