Firstservice Corp New (FSV) Hedge Fund Ownership (Q2 2026)

Q: Is it too late to buy Firstservice Corp New (FSV) following the 2026 Q3 hedge fund 13F filings?

As of today, FSV has moved +0.0% since the 2026 Q3 13F filing date (November 14, 2026), compared to +0.0% for the XLRE sector ETF — an outperformance of +0.0%. Since the quarter end (September 30, 2026), FSV gained +20.8% vs +8.5% for XLRE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Firstservice Corp New (FSV)

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

Smart Money Signals — FSV

Based on 277 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q

For 3 consecutive quarters, 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.

📊

High ownership — 88% of 3.0Y peak

88% of all-time peak

277 funds currently hold this stock — 88% of the 3.0-year high of 316 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

📉

Outflows — 12% fewer funds vs a year ago

fund count last 6Q

38 fewer hedge funds hold FSV compared to a year ago (-12% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.

🟠

More sellers than buyers — 48% buying

150 buying165 selling

Last quarter: 165 funds reduced or exited vs 150 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 (+10 vs last Q)

new funds entering per quarter

Funds opening a new FSV position: 36 → 49 → 37 → 47. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 14% medium ■ 21% new

180 out of 277 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.

➡️

Steady discovery — ~47 new funds/quarter

46 → 36 → 49 → 37 → 47 new funds/Q

New funds entering each quarter: 36 → 49 → 37 → 47. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Veteran-anchored — 64% veterans vs 22% newcomers

■ 64% veterans ■ 14% 1-2yr ■ 22% new

Entry-cohort mix of 279 holders: 179 (64%) are 2+ year veterans, 40 entered 1–2 years ago, and 60 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

✅

Strong quality — 33% AUM from major funds

33% from top-100 AUM funds

50 of 277 holders rank in the top 100 by AUM, accounting for 33% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

3.0

out of 10

Low Exit Risk

Exit risk score 3.0/10 — 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.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	275	293	-6.14%
13F Shares	32M	30M	4.73%
Total Value	$4.50B	$4.15B	8.44%
New Positions	46	37	+9
Increased Positions	102	119	-17
Closed Positions	64	51	+13
Reduced Positions	101	96	+5
Total Calls	1	3	-66.67%
Total Puts	1	2	-50.0%
PUT/CALL Ratio	1.0	0.67	Neutral

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

275

293

-6.14%

13F Shares

32M

30M

4.73%

Total Value

$4.50B

$4.15B

8.44%

New Positions

Increased Positions

102

119

-17

Closed Positions

+13

Reduced Positions

101

Total Calls

-66.67%

Total Puts

-50.0%

PUT/CALL Ratio

1.0

0.67

Neutral

Institutional Holders (2026 Q3)

275 + investors

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

QUARTER:

2026 Q3 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 FSV holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Catawba River Capital	3.42%	50,800	$6.5M
2	Jacobson & Schmitt Advisors, LLC	3.30%	142,185	$20.2M
3	Conestoga Capital Advisors, LLC	2.91%	753,593	$96.4M
4	Norwood Investment Partners, LP	2.90%	17,530	$2.2M
5	Langdon Equity Partners	2.77%	31,539	$4.0M
6	BCV Asset Management Inc.	2.66%	677,078	$87.3M
7	AltraVue Capital, LLC	2.49%	224,895	$28.8M
8	Summit Creek Advisors LLC	1.49%	29,221	$3.7M
9	Nicola Wealth Management LTD.	1.36%	98,990	$12.2M
10	Geneva Capital Management LLC	1.22%	343,251	$43.9M
11	Third Avenue Management LLC	1.18%	55,272	$7.1M
12	Copeland Capital Management, LLC	1.15%	389,749	$49.8M
13	Louisbourg Investments INC.	0.78%	33,297	$4.3M
14	Royce & Associates LP	0.65%	553,941	$70.8M
15	Numerai GP LLC	0.62%	66,049	$8.4M
16	Legato Capital Management LLC	0.58%	49,915	$6.4M
17	Bank of Nova Scotia Trust Co	0.51%	48,517	$6.2M
18	Montrusco Bolton Investments INC.	0.43%	195,494	$25.1M
19	Pembroke Management, LTD	0.39%	24,582	$3.1M
20	Fenimore Asset Management Inc	0.37%	130,824	$16.7M
21	CIBC Asset Management Inc	0.27%	996,251	$128.1M
22	GFI Investment Counsel Ltd.	0.24%	13,421	$1.7M
23	Waratah Capital Advisors Ltd.	0.24%	45,759	$5.9M
24	Mufg Securities (canada), LTD.	0.22%	65,036	$8.3M
25	Manufacturers Life Insurance Company, the	0.21%	2,058,376	$264.3M

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 — 3 quarters in a row: For 3 consecutive quarters, 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 — 48% buying: Last quarter: 165 funds reduced or exited vs 150 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 — 33% AUM from major funds: 50 of 277 holders rank in the top 100 by AUM, accounting for 33% 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?

65% of holders stayed for 2+ years: 180 out of 277 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.

Is it too late to buy Firstservice Corp New (FSV) following the 2026 Q3 hedge fund 13F filings?

As of today, FSV has moved +0.0% since the 2026 Q3 13F filing date (November 14, 2026), compared to +0.0% for the XLRE sector ETF — an outperformance of +0.0%. Since the quarter end (September 30, 2026), FSV has gained +20.8% vs +8.5% for XLRE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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	--

Profit Margin	--
Return on Assets (ttm)	--
Return on Equity (ttm)	--

Revenue (ttm)	--
Net Income Avi to Common (ttm)	--
Diluted EPS (ttm)	--
Total Cash (mrq)	--
Total Debt/Equity (mrq)	--
Levered Free Cash Flow (ttm)	--

Firstservice Corp New (FSV)

Smart Money Signals — FSV

Selling streak — 3 quarters in a row

High ownership — 88% of 3.0Y peak

Outflows — 12% fewer funds vs a year ago

More sellers than buyers — 48% buying

More new buyers each quarter (+10 vs last Q)

65% of holders stayed for 2+ years

Steady discovery — ~47 new funds/quarter

Veteran-anchored — 64% veterans vs 22% newcomers

Strong quality — 33% AUM from major funds

Institutional Sentiment Summary — FSV

Hedge Fund Ownership: FSV

Market Analysis: FSV

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: FSV

Is It Too Late to Buy Firstservice Corp New (FSV) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: FSV

Statistics: FSV

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q3)

Stocks with similar institutional ownership

Frequently Asked Questions — Firstservice Corp New (FSV)

Welcome to 13Foresight!