Peoples Financial Services
PFIS
61 hedge funds and large institutions have $95.5M invested in Peoples Financial Services in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 4 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
0.12% more ownership
Funds ownership: 30.74% → 30.86% (+0.12%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 63 → 61 (-2)
12% less capital invested
Capital invested by funds: $108M → $95.5M (-$12.7M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.41M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$679K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$363K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$242K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$169K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$969K |
| 2 |
MCM
Maltese Capital Management
New York
|
-$916K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$736K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$228K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$106K |
PFIS Hedge Fund Activity: Q1 2023 in Review
61 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Peoples Financial Services (PFIS) for Q1 2023, worth a combined $95.5M — down 12% from $108M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PFIS and 2 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 21 added.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $1.41M. The largest seller was BlackRock, cutting an estimated $969K.
- 61 institutional investors held Peoples Financial Services (PFIS) as of Q1 2023, down from 63 in Q4 2022.
- Funds reported $95.5M of Peoples Financial Services stock for Q1 2023, down 12% quarter-over-quarter.
- 2 funds opened new Peoples Financial Services positions in Q1 2023 and 4 closed out, a net change of -2 holders.
- The largest Peoples Financial Services buyer in Q1 2023 was Raymond James Financial Services Advisors, an estimated $1.41M added.
- The largest Peoples Financial Services seller in Q1 2023 was BlackRock, an estimated $969K sold.
Based on aggregated 13F filings for Q1 2023.