FirstService
196 hedge funds and large institutions have $3.9B invested in FirstService in 2022 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 76 increasing their positions, 65 reducing their positions, and 16 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
17% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 65
2.8% more ownership
Funds ownership: 71.33% → 74.13% (+2.8%)
2% more funds holding
Funds holding: 193 → 196 (+3)
2% more capital invested
Capital invested by funds: $3.82B → $3.9B (+$80M)
27% less call options, than puts
Call options by funds: $1.74M | Put options by funds: $2.38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$36.9M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$35.6M |
| 3 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$31.6M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$29.8M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$327M |
| 2 |
Renaissance Technologies
New York
|
-$20.7M |
| 3 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$16.2M |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
-$11.9M |
| 5 |
Morgan Stanley
New York
|
-$8.78M |
FSV Hedge Fund Activity: Q3 2022 in Review
196 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q3 2022, worth a combined $3.9B — up 2.1% from $3.82B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FSV positions and 16 closed out — a net gain of 3 holders — while 76 added to existing stakes and 65 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $36.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $327M.
- 196 institutional investors held FirstService (FSV) as of Q3 2022, up from 193 in Q2 2022.
- Funds reported $3.9B of FirstService stock for Q3 2022, up 2.1% quarter-over-quarter.
- 19 funds opened new FirstService positions in Q3 2022 and 16 closed out, a net change of +3 holders.
- The largest FirstService buyer in Q3 2022 was Bank of Montreal, an estimated $36.9M added.
- The largest FirstService seller in Q3 2022 was T. Rowe Price Associates, an estimated $327M sold.
Based on aggregated 13F filings for Q3 2022.