Vault-13

FIRSTSERVICE CORP NEW FSV

COM · Common Stock · CUSIP 33767E202 · ISIN CA33767E2024

238 institutional holders +24 vs Q1 2023
31,489,08231.5m shares reported held*
$4.9bnreported value*
40 new 95 added 63 reduced 16 sold out net sold ≈ $46.4m (-290.4k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($4.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $154.26. Options: 2 managers hold calls ($785.9k notional), 4 hold puts ($887.5k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 195Q4 22: 197Q1 23: 214Q2 23: 238238Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022195
Q4 2022197
Q1 2023214
Q2 2023238

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 97 bought or addedQ4 22: 90 cut or sold outQ4 22Q1 23: 112 bought or addedQ1 23: 76 cut or sold outQ1 23Q2 23: 135 bought or addedQ2 23: 79 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20229790
Q1 202311276
Q2 202313579

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ3 22 calls: $1.7mQ3 22 puts: $2.4mQ3 22P/C 1.37Q4 22 calls: $1.4mQ4 22 puts: $2.6mQ4 22P/C 1.86Q1 23 calls: $1.3mQ1 23 puts: $2.4mQ1 23P/C 1.84Q2 23 calls: $785.9kQ2 23 puts: $887.5kQ2 23P/C 1.13
Numbers
QuarterCallsPutsP/C
Q3 2022$1.7m$2.4m1.37
Q4 2022$1.4m$2.6m1.86
Q1 2023$1.3m$2.4m1.84
Q2 2023$785.9k$887.5k1.13

Biggest buyers

FIL Ltd Added +200,948+200.9k
AMERICAN CENTURY COMPANIES INC Added +154,192+154.2k
Quadrature Capital Ltd Added +73,900+73.9k
ROYAL BANK OF CANADA Added +59,450+59.5k
MILLENNIUM MANAGEMENT LLC New +58,468+58.5k
JPMORGAN CHASE & CO Added +55,930+55.9k
State of Tennessee, Department of Treasury New +50,886+50.9k
Hillsdale Investment Management Inc. New +49,600+49.6k
TWO SIGMA INVESTMENTS, LP New +30,706+30.7k
VANGUARD GROUP INC Added +30,469+30.5k

Biggest sellers

Durable Capital Partners LP Reduced -576,443-576.4k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -463,094-463.1k
AMERIPRISE FINANCIAL INC Reduced -168,872-168.9k
FRED ALGER MANAGEMENT, LLC Reduced -102,880-102.9k
BANK OF MONTREAL /CAN/ Reduced -47,353-47.4k
Onex Canada Asset Management Inc. Reduced -32,216-32.2k
NEUBERGER BERMAN GROUP LLC Reduced -31,690-31.7k
Amundi Reduced -23,622-23.6k
Fiera Capital Corp Reduced -19,885-19.9k
T. Rowe Price Investment Management, Inc. Reduced -17,302-17.3k

Biggest calls

PEAK6 Investments LLC Added $785.9k5.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $385.2k2.5k shares
WOLVERINE TRADING, LLC Unchanged $301.9k2.0k shares
PEAK6 Investments LLC Reduced $200.3k1.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
ORBIS INVESTMENT MANAGEMENT LTD 13G · institution -0.2 pts · filed 2026-08-14 7.3% -0.2 pts 3.4m≈ $476.3m 2026-08-14

Fell to 5% or below in the last year: 1832 Asset Management L.P. (4.7%, 2026-10-21)

Insider purchases and sales in Q2 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Durable Capital Partners LP 4.51% of their portfolio Bethesda, MD 3,337,4973.3m $514.3m $514.3m 4.51% Reduced -576.4k -576,443
2 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.25% of their portfolio Toronto, A6 2,882,8842.9m $444.2m $444.2m 0.25% Reduced -463.1k -463,094
3 T. Rowe Price Investment Management, Inc. 0.27% of their portfolio BALTIMORE, MD 2,614,6652.6m $402.9m $402.9m 0.27% Reduced -17.3k -17,302
4 MACKENZIE FINANCIAL CORP 0.47% of their portfolio TORONTO ONTARIO, A6 2,014,8722.0m $310.3m $310.3m 0.47% Added +17.5k +17,457
5 NEUBERGER BERMAN GROUP LLC 0.22% of their portfolio NEW YORK, NY 1,610,6531.6m $248.2m $248.2m 0.22% Reduced -31.7k -31,690
6 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 1,552,8551.6m $239.3m $239.3m 0.01% Added +30.5k +30,469
7 Conestoga Capital Advisors, LLC 3.30% of their portfolio WAYNE, PA 1,349,0561.3m $207.9m $207.9m 3.30% Reduced -1.5k -1,475
8 FRED ALGER MANAGEMENT, LLC 1.03% of their portfolio NEW YORK, NY 1,309,9551.3m $201.9m $201.9m 1.03% Reduced -102.9k -102,880
9 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.47% of their portfolio CHICAGO, IL 946,963947.0k $145.9m $145.9m 0.47% Reduced -3.2k -3,221
10 RENAISSANCE TECHNOLOGIES LLC 0.15% of their portfolio NEW YORK, NY 666,588666.6k $102.7m $102.7m 0.15% Reduced -9.2k -9,200
11 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 646,047646.0k $99.5m $99.5m 0.03% Added +59.5k +59,450
12 CIBC Asset Management Inc 0.32% of their portfolio TORONTO, Z4 528,166528.2k $81.4m $81.4m 0.32% Reduced -13.5k -13,531
13 NORGES BANK 0.01% of their portfolio OSLO, Q8 490,842490.8k $75.6m $75.6m 0.01% Added +14.0k +13,957
14 CIBC WORLD MARKET INC. 0.25% of their portfolio TORONTO, A6 468,493468.5k $72.2m $72.2m 0.25% Reduced -8.6k -8,624
15 FIL Ltd 0.08% of their portfolio HAMILTON, D0 443,321443.3k $68.3m $68.3m 0.08% Added +200.9k +200,948
16 APG Asset Management N.V. 0.12% of their portfolio Amsterdam, P7 430,683430.7k $60.9m $60.9m 0.12% Reduced -8.2k -8,198
17 AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio KANSAS CITY, MO 428,953429.0k $66.1m $66.1m 0.05% Added +154.2k +154,192
18 ROYCE & ASSOCIATES LP 0.63% of their portfolio New York, NY 422,387422.4k $65.1m $65.1m 0.63% Added +6.3k +6,309
19 1832 Asset Management L.P. 0.13% of their portfolio TORONTO, A6 417,360417.4k $64.3m $64.3m 0.13% Reduced -3.1k -3,141
20 BANK OF NOVA SCOTIA 0.14% of their portfolio TORONTO, A6 336,266336.3k $51.8m $51.8m 0.14% Added +9.4k +9,353
21 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 331,927331.9k $51.1m $51.1m 0.01% Added +13.5k +13,547
22 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 301,412301.4k $46.5m $46.5m 0.02% Reduced -47.4k -47,353
23 Connor, Clark & Lunn Investment Management Ltd. 0.23% of their portfolio VANCOUVER, A1 297,846297.8k $45.9m $45.9m 0.23% Added +23.4k +23,392
24 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 293,207293.2k $45.2m $45.2m 0.02% Reduced -10.2k -10,201
25 NATIONAL BANK OF CANADA /FI/ 0.09% of their portfolio MONTREAL, A8 284,884284.9k $43.8m $43.8m 0.09% Added +2.4k +2,356
26 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 260,724260.7k $40.1m $40.1m 0.02% Added +8.4k +8,419
27 Baskin Financial Services Inc. 3.69% of their portfolio TORONTO, A6 249,623249.6k $38.4m $38.4m 3.69% Added +551 +551
28 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.20% of their portfolio IRVING, TX 235,097235.1k $36.2m $36.2m 0.20% Reduced -8.5k -8,526
29 Lionstone Capital Management LLC 9.85% of their portfolio NEW YORK, NY 216,200216.2k $33.3m $33.3m 9.85% Unchanged
30 Fiera Capital Corp 0.09% of their portfolio MONTREAL, A8 211,726211.7k $32.7m $32.7m 0.09% Reduced -19.9k -19,885
31 TD Asset Management Inc 0.04% of their portfolio Toronto, A6 209,306209.3k $32.3m $32.3m 0.04% Reduced -16.1k -16,063
32 BOSTON FINANCIAL MANGEMENT LLC 1.14% of their portfolio BOSTON, MA 204,208204.2k $31.5m $31.5m 1.14% Reduced -560 -560
33 Legal & General Group Plc 0.01% of their portfolio London, X0 187,872187.9k $29.0m $29.0m 0.01% Added +28.6k +28,624
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 186,207186.2k $28.7m $28.7m 0.00% Added +55.9k +55,930
35 Quadrature Capital Ltd 0.61% of their portfolio LONDON, X0 179,700179.7k $27.7m $27.7m 0.61% Added +73.9k +73,900
36 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 177,354177.4k $27.4m $27.4m 0.01% Reduced -168.9k -168,872
37 Triasima Portfolio Management inc. 2.25% of their portfolio MONTREAL, A8 174,710174.7k $35.6m $35.6m 2.25% Added +260 +260
38 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 172,868172.9k $26.6m $26.6m 0.00% Added +11.8k +11,850
39 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 155,029155.0k $23.9m $23.9m 0.01% Added +4.4k +4,400
40 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 153,741153.7k $23.7m $23.7m 0.00% Reduced -10.5k -10,548
41 Swiss National Bank 0.02% of their portfolio ZURICH, V8 150,800150.8k $23.2m $23.2m 0.02% Reduced -9.0k -9,000
42 Onex Canada Asset Management Inc. 1.30% of their portfolio TORONTO, A6 139,879139.9k $21.5m $21.5m 1.30% Reduced -32.2k -32,216
43 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 134,698134.7k $20.8m $20.8m 0.01% Reduced -10.2k -10,214
44 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 131,486131.5k $20.3m $20.3m 0.01% Added +441 +441
45 AltraVue Capital, LLC 2.35% of their portfolio BELLEVUE, WA 129,525129.5k $20.0m $20.0m 2.35% Added +690 +690
46 Connectus Wealth, LLC 0.45% of their portfolio CINCINNATI, OH 127,587127.6k $19.7m $19.7m 0.45% Added +4.9k +4,918
47 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 115,707115.7k $17.8m $17.8m 0.04% Added +19.0k +18,974
48 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 109,863109.9k $16.9m $16.9m 0.01% Added +3.7k +3,713
49 Waratah Capital Advisors Ltd. 0.83% of their portfolio TORONTO, A6 107,177107.2k $16.5m $16.5m 0.83% Reduced -4.3k -4,309
50 JACOBSON & SCHMITT ADVISORS, LLC 4.37% of their portfolio MIDDLETON, WI 100,081100.1k $15.4m $15.4m 4.37% Added +361 +361
51 EAGLE ASSET MANAGEMENT INC 0.08% of their portfolio ST PETERSBURG, FL 98,84598.8k $15.2m $15.2m 0.08% Added +6.2k +6,233
52 Fenimore Asset Management Inc 0.36% of their portfolio Cobleskill, NY 93,12993.1k $14.4m $14.4m 0.36% Added +3 +3
53 MONTRUSCO BOLTON INVESTMENTS INC. 0.21% of their portfolio MONTREAL, A8 86,48686.5k $13.3m $13.3m 0.21% Added +84 +84
54 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 81,40381.4k $12.6m $12.6m 0.01% Reduced -16.4k -16,362
55 Corient Private Wealth LP 0.03% of their portfolio MIAMI, FL 77,34077.3k $11.9m $11.9m 0.03% Added +22.8k +22,755
56 BESSEMER GROUP INC 0.02% of their portfolio WOODBRIDGE, NJ 75,60775.6k $11.7m $11.7m 0.02% Added +3.6k +3,582
57 Ceredex Value Advisors LLC 0.19% of their portfolio WINTER PARK, FL 74,90274.9k $11.6m $11.6m 0.19% Reduced -12.6k -12,600
58 OSTERWEIS CAPITAL MANAGEMENT INC 0.76% of their portfolio SAN FRANCISCO, CA 74,17374.2k $11.4m $11.4m 0.76% Added +2.4k +2,390
59 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 68,36468.4k $10.5m $10.5m 0.00% Added +4.6k +4,583
60 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 66,84166.8k $10.3m $10.3m 0.01% Added +5.7k +5,728
61 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 65,12765.1k $10.0m $10.0m 0.00% Added +25.7k +25,705
62 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 62,97863.0k $9.7m $9.7m 0.01% Added +10.7k +10,691
63 CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio TORONTO ONTARIO, A6 60,08060.1k $9.3m $9.3m 0.01% Added +4.8k +4,800
64 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.08% of their portfolio VICTORIA, A1 58,77358.8k $9.0m $9.0m 0.08% Added +4.3k +4,266
65 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 58,46858.5k $9.0m $9.0m 0.01% New
66 BLAIR WILLIAM & CO/IL 0.03% of their portfolio CHICAGO, IL 57,71157.7k $8.9m $8.9m 0.03% Added +23.3k +23,342
67 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 1.01% of their portfolio MISSISSAUGA, A6 57,10957.1k $8.8m $8.8m 1.01% Reduced -1.2k -1,239
68 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 57,03257.0k $8.8m $8.8m 0.01% Added +22.0k +22,015
69 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 51,90651.9k $8.0m $8.0m 0.00% Added +1.1k +1,075
70 State of Tennessee, Department of Treasury 0.03% of their portfolio NASHVILLE, TN 50,88650.9k $7.8m $7.8m 0.03% New
71 Hillsdale Investment Management Inc. 0.70% of their portfolio Toronto, A6 49,60049.6k $7.6m $7.6m 0.70% New
72 POLEN CAPITAL MANAGEMENT LLC 0.02% of their portfolio Boca Raton, FL 40,98541.0k $6.3m $6.3m 0.02% Reduced -1.5k -1,462
73 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 40,20840.2k $6.2m $6.2m 0.01% Added +15.0k +14,974
74 Catawba River Capital 4.85% of their portfolio LAKE WYLIE, SC 39,43139.4k $6.1m $6.1m 4.85% Added +235 +235
75 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 39,38439.4k $6.1m $6.1m 0.00% Reduced -2.0k -1,964
76 BlackRock Inc. 0.00% of their portfolio New York, NY 39,10639.1k $6.0m $6.0m 0.00% Added +15.7k +15,664
77 Cumberland Partners Ltd 0.52% of their portfolio TORONTO, A6 36,93036.9k $5.7m $5.7m 0.52% Added +216 +216
78 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 36,59236.6k $5.6m $5.6m 0.01% Reduced -2.6k -2,596
79 Northwest & Ethical Investments L.P. 0.18% of their portfolio TORONTO, A6 36,54236.5k $5.6m $5.6m 0.18% Reduced -1.1k -1,072
80 Alberta Investment Management Corp 0.05% of their portfolio EDMONTON, A0 36,40036.4k $5.6m $5.6m 0.05% Added +4.8k +4,814
81 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 30,70630.7k $4.7m $4.7m 0.01% New
82 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 29,92029.9k $4.6m $4.6m 0.01% Reduced -4.6k -4,551
83 GFI Investment Counsel Ltd. 0.70% of their portfolio TORONTO, A6 29,75029.8k $4.6m $4.6m 0.70% Unchanged
84 INTACT INVESTMENT MANAGEMENT INC. 0.17% of their portfolio MONTREAL, A8 27,74827.7k $4.3m $4.3m 0.17% Reduced -13.2k -13,240
85 Legato Capital Management LLC 0.53% of their portfolio San Francisco, CA 25,55525.6k $3.9m $3.9m 0.53% New
86 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 25,01125.0k $3.9m $3.9m 0.01% Reduced -4.0k -4,000
87 Cubist Systematic Strategies, LLC 0.04% of their portfolio STAMFORD, CT 24,57024.6k $3.8m $3.8m 0.04% Added +21.4k +21,431
88 KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio FORT WORTH, TX 23,90423.9k $3.7m $3.7m 0.02% Added +594 +594
89 Andra AP-fonden 0.12% of their portfolio GOTEBORG, V7 23,80023.8k $4.9m $4.9m 0.12% Added +10.5k +10,500
90 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 23,32323.3k $3.6m $3.6m 0.00% Added +60 +60
91 ARGENT CAPITAL MANAGEMENT LLC 0.11% of their portfolio ST LOUIS, MO 22,77722.8k $3.5m $3.5m 0.11% Added +622 +622
92 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 22,42222.4k $3.5m $3.5m 0.01% Added +1.5k +1,469
93 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 22,29022.3k $3.4m $3.4m 0.01% Reduced -1.2k -1,225
94 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 21,53221.5k $3.3m $3.3m 0.02% Added +8.1k +8,096
95 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 20,45620.5k $3.2m $3.2m 0.01% Added +3.2k +3,181
96 Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio TOKYO, M0 20,30020.3k $3.1m $3.1m 0.01% Added +5.7k +5,700
97 Nexus Investment Management ULC 0.33% of their portfolio TORONTO, A6 19,82119.8k $3.1m $3.1m 0.33% Unchanged
98 Canoe Financial LP 0.06% of their portfolio CALGARY, A0 19,74219.7k $3.0m $3.0m 0.06% Added +3.4k +3,409
99 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 19,57119.6k $3.0m $3.0m 0.00% Added +3.5k +3,455
100 AGF MANAGEMENT LTD 0.02% of their portfolio TORONTO, A6 19,41319.4k $3.0m $3.0m 0.02% New