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FirstService

271 hedge funds and large institutions have $4.73B invested in FirstService in 2024 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 116 increasing their positions, 82 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 82

21% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 28

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.07% less ownership

Funds ownership: 69.19%69.12% (-0.07%)

0% less funds holding

Funds holding: 272271 (-1)

8% less capital invested

Capital invested by funds: $5.16B → $4.73B (-$428M)

48% less call options, than puts

Call options by funds: $198K | Put options by funds: $381K

Holders
271
Holders Change
-1
Holders Change %
-0.37%
% of All Funds
3.91%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
34
Increased
116
Reduced
82
Closed
28
Calls
$198K
Puts
$381K
Net Calls
-$183K
Net Calls Change
-$183K
Name Holding Trade Value Shares
Change
Change in
Stake
DCP
1
Durable Capital Partners
Maryland
$539M +$75.3M +498,435 +16%
Manulife (Manufacturers Life Insurance)
2
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$415M +$26.4M +174,970 +7%
Vanguard Group
3
Vanguard Group
Pennsylvania
$265M +$13.2M +87,194 +5%
T. Rowe Price Investment Management
4
T. Rowe Price Investment Management
Maryland
$242M -$45.7M -302,688 -16%
Neuberger Berman Group
5
Neuberger Berman Group
New York
$235M -$6.06M -40,104 -3%
CCA
6
Conestoga Capital Advisors
Pennsylvania
$217M +$6.68M +44,236 +3%
Mackenzie Financial
7
Mackenzie Financial
Ontario, Canada
$184M -$104M -691,288 -36%
Fidelity International
8
Fidelity International
Bermuda
$147M -$10M -66,288 -6%
William Blair Investment Management
9
William Blair Investment Management
Illinois
$131M +$1.04M +6,863 +0.8%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$115M -$20.8M -137,848 -15%
FAM
11
Fred Alger Management
New York
$115M -$33.9M -224,112 -23%
Renaissance Technologies
12
Renaissance Technologies
New York
$98M +$3.19M +21,100 +3%
Norges Bank
13
Norges Bank
Norway
$84.8M +$6.22M +41,182 +8%
Morgan Stanley
14
Morgan Stanley
New York
$78.3M +$12.2M +81,076 +19%
RA
15
Royce & Associates
New York
$73.8M +$3.65M +24,184 +5%
Connor, Clark & Lunn Investment Management (CC&L)
16
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$73.7M -$2.19M -14,504 -3%
CIBC World Market
17
CIBC World Market
Ontario, Canada
$73.5M +$1.08M +7,123 +1%
American Century Companies
18
American Century Companies
Missouri
$64.5M -$3.2M -21,185 -5%
1832 Asset Management
19
1832 Asset Management
Ontario, Canada
$60.1M -$72.1K -477 -0.1%
Bank of Nova Scotia
20
Bank of Nova Scotia
Ontario, Canada
$56.1M +$212K +1,406 +0.4%
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
$49.8M -$483K -3,197 -1%
National Bank of Canada
22
National Bank of Canada
Quebec, Canada
$49.2M -$3.4M -22,526 -6%
CIBC Asset Management
23
CIBC Asset Management
Ontario, Canada
$46.4M -$33.5M -222,014 -42%
OAG
24
Orbis Allan Gray
Bermuda
$41.3M +$9.48M +62,773 +30%
Goldman Sachs
25
Goldman Sachs
New York
$38.9M +$8.92M +59,021 +30%

FSV Hedge Fund Activity: Q2 2024 in Review

271 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q2 2024, worth a combined $4.73B — down 8.3% from $5.16B a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new FSV positions and 28 closed out — a net gain of 6 holders — while 116 added to existing stakes and 82 trimmed.

The largest buyer was Durable Capital Partners, adding an estimated $75.3M. The largest seller was Mackenzie Financial, cutting an estimated $104M.

  • 271 institutional investors held FirstService (FSV) as of Q2 2024, down from 272 in Q1 2024.
  • Funds reported $4.73B of FirstService stock for Q2 2024, down 8.3% quarter-over-quarter.
  • 34 funds opened new FirstService positions in Q2 2024 and 28 closed out, a net change of +6 holders.
  • The largest FirstService buyer in Q2 2024 was Durable Capital Partners, an estimated $75.3M added.
  • The largest FirstService seller in Q2 2024 was Mackenzie Financial, an estimated $104M sold.

Based on aggregated 13F filings for Q2 2024.