Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Financial Institutions Inc (FISI)

156 + Investors. Track Smart Money conviction in FISI. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
4Q ▲
Buyers last Q
66%

Smart Money Signals — FISI

Based on 159 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added FISI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
159 hedge funds hold FISI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +27% more funds vs a year ago

fund count last 6Q
+34 new funds entered over the past year (+27% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 66% buying

101 buying52 selling
Last quarter: 101 funds were net buyers (29 opened a brand new position + 72 added to an existing one). Only 52 were sellers (33 trimmed + 19 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~29 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 24 → 20 → 27 → 29. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

60% of holders stayed for 2+ years

60% conviction (2yr+) 22% medium 18% new
96 out of 159 hedge funds have held FISI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +22% but shares only +0% — price-driven

Value
+22%
Shares
+0%
Last quarter: the total dollar value of institutional holdings rose +22%, but actual share count only changed +0%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

9 → 24 → 20 → 27 → 29 new funds/Q
New funds entering each quarter: 24 → 20 → 27 → 29. A growing number of institutions are discovering FISI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 64% veterans vs 21% newcomers

64% veterans 15% 1-2yr 21% new
Entry-cohort mix of 160 holders: 102 (64%) are 2+ year veterans, 24 entered 1–2 years ago, and 34 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
42 of 158 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in FISI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — FISI

In 2026 Q2, 101 hedge funds were net buyers of FISI (29 opened a new position, 72 added to an existing one), while 52 reduced or exited (33 trimmed, 19 sold completely) — a 66% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 48% of total institutional value in FISI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +10 funds (more new holders than closures). Total institutional holders: 159.

Hedge Fund Ownership: FISI

How many hedge funds hold FISI — quarterly history vs. share price
Quarterly hedge fund ownership of FISI vs. share price

Market Analysis: FISI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FISI

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 1 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: FISI
156 + Investors

Track Smart Money conviction in FISI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 156 149 4.7%
13F Shares 16M 16M 0.3%
Total Value $577M $472M 22.39%
New Positions 29 27 +2
Increased Positions 71 56 +15
Closed Positions 21 25 -4
Reduced Positions 32 41 -9
Total Calls 0 0 -
Total Puts 2 1 100.0%
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FISI

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Institutional Holders (2026 Q2)

156 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FISI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 FISI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 PL Capital Advisors, LLC 19.67% 1,816,102 $70.8M
2 Ategra Capital Management, LLC 9.89% 564,100 $22.0M
3 Palisades Investment Partners, LLC 1.68% 150,826 $5.9M
4 Mendon Capital Advisors Corp 1.38% 100,000 $3.9M
5 Maltese Capital Management LLC 0.71% 100,000 $3.9M
6 Canandaigua National Bank & Trust Co 0.51% 154,106 $6.0M
7 Cutler Capital Management, LLC 0.50% 49,428 $1.9M
8 Bayview Asset Management, LLC 0.39% 50,000 $1.9M
9 Oppenheimer & Close, LLC 0.36% 14,500 $565K
10 Courier Capital LLC 0.23% 119,133 $4.6M
11 Hillsdale Investment Management Inc. 0.22% 249,200 $9.7M
12 Bridgeway Capital Management, LLC 0.12% 179,154 $7.0M
13 Informed Momentum Co LLC 0.07% 21,546 $840K
14 Campbell & CO Investment Adviser LLC 0.07% 32,892 $1.3M
15 Stonebrook Private Inc. 0.06% 8,759 $341K
16 Curi Capital, LLC 0.06% 100,017 $3.9M
17 Adage Capital Partners GP, L.L.C. 0.05% 834,969 $32.5M
18 Martingale Asset Management L P 0.04% 41,548 $1.6M
19 Segall Bryant & Hamill, LLC 0.04% 76,010 $3.0M
20 Kennedy Capital Management LLC 0.03% 38,254 $1.5M
21 Hotchkis & Wiley Capital Management LLC 0.02% 199,502 $7.8M
22 Empowered Funds, LLC 0.02% 109,154 $4.3M
23 Trexquant Investment LP 0.02% 74,811 $2.9M
24 Two Sigma Investments, LP 0.01% 457,098 $17.8M
25 Susquehanna Fundamental Investments, LLC 0.01% 16,185 $631K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Financial Institutions Inc (FISI)

What does the Smart Money Trend signal show for FISI?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added FISI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for FISI?

More buyers than sellers — 66% buying: Last quarter: 101 funds were net buyers (29 opened a brand new position + 72 added to an existing one). Only 52 were sellers (33 trimmed + 19 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for FISI holders?

Elite ownership — 48% AUM from top-100 funds: 42 of 158 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in FISI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held FISI?

60% of holders stayed for 2+ years: 96 out of 159 hedge funds have held FISI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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