FirstService
197 hedge funds and large institutions have $3.92B invested in FirstService in 2022 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 71 increasing their positions, 70 reducing their positions, and 21 closing their positions.
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
1% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 70
1% more capital invested
Capital invested by funds: $3.9B → $3.92B (+$22.2M)
1% more funds holding
Funds holding: 196 → 197 (+1)
2.06% less ownership
Funds ownership: 74.13% → 72.07% (-2.1%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
46% less call options, than puts
Call options by funds: $1.42M | Put options by funds: $2.65M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$96.1M |
| 2 |
Morgan Stanley
New York
|
+$35.6M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$28.9M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$28.8M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$27.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$214M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$80.7M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$23.8M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$15.3M |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
-$12M |
FSV Hedge Fund Activity: Q4 2022 in Review
197 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q4 2022, worth a combined $3.92B — up 0.57% from $3.9B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FSV positions and 21 closed out — a net gain of 6 holders — while 71 added to existing stakes and 70 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $96.1M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $214M sold.
- 197 institutional investors held FirstService (FSV) as of Q4 2022, up from 196 in Q3 2022.
- Funds reported $3.92B of FirstService stock for Q4 2022, up 0.57% quarter-over-quarter.
- 27 funds opened new FirstService positions in Q4 2022 and 21 closed out, a net change of +6 holders.
- The largest FirstService buyer in Q4 2022 was Mackenzie Financial, an estimated $96.1M added.
- The largest FirstService seller in Q4 2022 was T. Rowe Price Associates, an estimated $214M sold.
Based on aggregated 13F filings for Q4 2022.