Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

FIRSTSERVICE CORP NEW (FSV)

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

Fetching live quote...
Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -5
Streak
1Q ▼
Buyers last Q
47%

Smart Money Signals — FSV

Based on 300 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their FSV positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
300 hedge funds hold FSV 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding FSV is almost the same as a year ago (+9 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 47% buying

144 buying164 selling
Last quarter: 164 funds reduced or exited vs 144 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+14 vs last Q)

new funds entering per quarter
Funds opening a new FSV position: 32 → 44 → 34 → 48. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

60% of holders stayed for 2+ years

60% conviction (2yr+) 22% medium 18% new
179 out of 300 hedge funds have held FSV 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.
💎

Buying through price weakness — shares +4%, value -13%

Value
-12%
Shares
+3%
Last quarter: funds added +4% more shares while total portfolio value only changed -13%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~48 new funds/quarter

38 → 32 → 44 → 34 → 48 new funds/Q
New funds entering each quarter: 32 → 44 → 34 → 48. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 62% of holders stayed 2+ years

62% veterans 15% 1-2yr 23% new
Of 305 current holders: 188 (62%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

Strong quality — 30% AUM from major funds

30% from top-100 AUM funds
38 of 300 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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.

Hedge Fund Ownership: FSV

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

Market Analysis: FSV

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FSV

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

47 top-rated funds 1 high-conviction
Consensus
7.3
/ 10
breadth
×
Elite
2.0
/ 10
conviction
Hedge Fund Positioning: FSV
2026 Q1 Stats Unlock in 19 days 305 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 305 306 -0.33%
13F Shares 32M 31M 3.74%
Total Value $4.99B $5.72B -12.91%
New Positions 49 34 +15
Increased Positions 98 118 -20
Closed Positions 53 33 +20
Reduced Positions 115 111 +4
Total Calls 4 1 300.0%
Total Puts 3 1 200.0%
PUT/CALL Ratio 0.75 1.0 Neutral

Statistics: FSV

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

305 + investors

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

Top 25 institutional holders of FSV — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Conestoga Capital Advisors, LLC 3.90% 1,405,564 $195.3M
2 JACOBSON & SCHMITT ADVISORS, LLC 3.73% 147,930 $20.6M
3 Baskin Financial Services Inc. 2.85% 250,301 $35K
4 LOUISBOURG INVESTMENTS INC. 0.80% 30,387 $4.2M
5 JCIC Asset Management Inc. 0.76% 17,915 $2.5M
6 MONTRUSCO BOLTON INVESTMENTS INC. 0.55% 263,488 $36.5M
7 Accretive Wealth Partners, LLC 0.27% 6,800 $945K
8 ARS Wealth Advisors Group, LLC 0.19% 16,000 $2.2M
9 ARGONAUTICA PRIVATE WEALTH MANAGEMENT, INC 0.16% 3,688 $512K
10 TritonPoint Partners, LLC 0.10% 1,976 $275K
11 Hilltop National Bank 0.07% 1,974 $274K
12 HARBOR CAPITAL ADVISORS, INC. 0.05% 4,764
13 Harbour Capital Advisors, LLC 0.05% 1,875 $280K
14 Canoe Financial LP 0.05% 24,959 $3.5M
15 CONGRESS ASSET MANAGEMENT CO 0.04% 43,743 $6.1M
16 DUNCKER STREETT & CO INC 0.04% 1,631 $227K
17 PAX Financial Group, LLC 0.04% 1,597 $222K
18 THOMPSON INVESTMENT MANAGEMENT, INC. 0.04% 2,061 $286K
19 PERSONAL CFO SOLUTIONS, LLC 0.03% 1,445 $201K
20 Avanza Fonder AB 0.02% 4,310 $834K
21 Versant Capital Management, Inc 0.02% 1,507 $209K
22 Nexus Investment Management ULC 0.02% 1,000 $139K
23 Cromwell Holdings LLC 0.02% 217 $30K
24 Y-Intercept (Hong Kong) Ltd 0.02% 6,068 $843K
25 Hardy Reed LLC 0.02% 1,558 $216K
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 — FIRSTSERVICE CORP NEW (FSV)

What does the Smart Money Trend signal show for FSV?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their FSV positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for FSV?

More sellers than buyers — 47% buying: Last quarter: 164 funds reduced or exited vs 144 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for FSV holders?

Strong quality — 30% AUM from major funds: 38 of 300 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held FSV?

60% of holders stayed for 2+ years: 179 out of 300 hedge funds have held FSV 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.