FirstService
310 hedge funds and large institutions have $5.53B invested in FirstService in 2024 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 110 increasing their positions, 104 reducing their positions, and 16 closing their positions.
181% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 16
9% more funds holding
Funds holding: 285 → 310 (+25)
6% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 104
2% less capital invested
Capital invested by funds: $5.65B → $5.53B (-$114M)
1.96% less ownership
Funds ownership: 69.59% → 67.64% (-2%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$133M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$43M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$31.2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$27M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$22.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$151M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$143M |
| 3 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$77.9M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$57.6M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$42.3M |
FSV Hedge Fund Activity: Q4 2024 in Review
310 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q4 2024, worth a combined $5.53B — down 2% from $5.65B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new FSV positions and 16 closed out — a net gain of 29 holders — while 110 added to existing stakes and 104 trimmed.
The largest buyer was Orbis Allan Gray, adding an estimated $133M. The largest seller was Durable Capital Partners, cutting an estimated $151M.
- 310 institutional investors held FirstService (FSV) as of Q4 2024, up from 285 in Q3 2024.
- Funds reported $5.53B of FirstService stock for Q4 2024, down 2% quarter-over-quarter.
- 45 funds opened new FirstService positions in Q4 2024 and 16 closed out, a net change of +29 holders.
- The largest FirstService buyer in Q4 2024 was Orbis Allan Gray, an estimated $133M added.
- The largest FirstService seller in Q4 2024 was Durable Capital Partners, an estimated $151M sold.
Based on aggregated 13F filings for Q4 2024.