FirstService
196 hedge funds and large institutions have $4.36B invested in FirstService in 2022 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 87 increasing their positions, 60 reducing their positions, and 28 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 60
0.86% less ownership
Funds ownership: 69.02% → 68.17% (-0.86%)
5% less funds holding
Funds holding: 206 → 196 (-10)
27% less capital invested
Capital invested by funds: $5.95B → $4.36B (-$1.59B)
29% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 28
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
89% less call options, than puts
Call options by funds: $652K | Put options by funds: $5.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$134M |
| 2 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$36.4M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$15.4M |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
+$13.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$89.4M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$60.4M |
| 3 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
-$39.7M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$36.3M |
| 5 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$16.5M |
FSV Hedge Fund Activity: Q1 2022 in Review
196 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q1 2022, worth a combined $4.36B — down 27% from $5.95B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of FSV and 20 opened new positions — a net loss of 8 holders — while 60 trimmed existing stakes and 87 added.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $134M. The largest seller was T. Rowe Price Associates, cutting an estimated $89.4M.
- 196 institutional investors held FirstService (FSV) as of Q1 2022, down from 206 in Q4 2021.
- Funds reported $4.36B of FirstService stock for Q1 2022, down 27% quarter-over-quarter.
- 20 funds opened new FirstService positions in Q1 2022 and 28 closed out, a net change of -8 holders.
- The largest FirstService buyer in Q1 2022 was Manulife (Manufacturers Life Insurance), an estimated $134M added.
- The largest FirstService seller in Q1 2022 was T. Rowe Price Associates, an estimated $89.4M sold.
Based on aggregated 13F filings for Q1 2022.