FIRSTSERVICE CORP NEW FSV
COM · Common Stock · CUSIP 33767E202 · ISIN CA33767E2024
- SectorReal estate
- IndustryReal Estate
- FilingsSEC EDGAR
* 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 ($42.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $174.89. Options: 1 managers hold calls ($0 notional), 2 hold puts ($17.5k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 195 |
| Q4 2022 | 197 |
| Q1 2023 | 214 |
| Q2 2023 | 238 |
| Q3 2023 | 239 |
| Q4 2023 | 267 |
| Q1 2024 | 271 |
| Q2 2024 | 271 |
| Q3 2024 | 287 |
| Q4 2024 | 311 |
| Q1 2025 | 316 |
| Q2 2025 | 323 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 115 | 101 |
| Q4 2023 | 132 | 98 |
| Q1 2024 | 131 | 121 |
| Q2 2024 | 142 | 114 |
| Q3 2024 | 154 | 99 |
| Q4 2024 | 145 | 120 |
| Q1 2025 | 154 | 130 |
| Q2 2025 | 158 | 136 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $1.0m | $774.4k | 0.76 |
| Q4 2024 | $0 | $0 | — |
| Q1 2025 | $16.6k | $199.1k | 12.00 |
| Q2 2025 | $0 | $17.5k | — |
Biggest buyers
| MACKENZIE FINANCIAL CORP | Added | +740.6k |
| ROYAL BANK OF CANADA | Added | +646.1k |
| PICTON MAHONEY ASSET MANAGEMENT | New | +322.4k |
| JANUS HENDERSON GROUP PLC | Added | +248.6k |
| DEUTSCHE BANK AG\ | New | +131.2k |
| VOYA INVESTMENT MANAGEMENT LLC | New | +125.7k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +100.3k |
| MILLENNIUM MANAGEMENT LLC | New | +80.5k |
| GOLDMAN SACHS GROUP INC | Added | +65.1k |
| BLAIR WILLIAM & CO/IL | Added | +52.7k |
Biggest sellers
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -393.3k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -285.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -214.8k |
| Durable Capital Partners LP | Reduced | -193.1k |
| Focus Partners Wealth | Sold out | -176.1k |
| Invesco Ltd. | Reduced | -129.7k |
| FRED ALGER MANAGEMENT, LLC | Reduced | -91.8k |
| BANK OF AMERICA CORP /DE/ | Reduced | -63.4k |
| TD Asset Management Inc | Reduced | -56.3k |
| CIBC Asset Management Inc | Reduced | -44.1k |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| GROUP ONE TRADING LLC | Unchanged | $17.5k100 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.
| Holder | Stake |
|---|---|
| ORBIS INVESTMENT MANAGEMENT LTD 13G · institution -0.2 pts · filed 2026-08-14 | 7.3% |
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 2025
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 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| Durable Capital Partners LP 2.60% of their portfolio | 2.0m $342.9m | Reduced -193.1k |
| VANGUARD GROUP INC 0.01% of their portfolio | 1.9m $324.4m | Added +43.5k |
| NEUBERGER BERMAN GROUP LLC 0.21% of their portfolio | 1.5m $266.9m | Reduced -38.9k |
| MACKENZIE FINANCIAL CORP 0.33% of their portfolio | 1.5m $257.6m | Added +740.6k |
| Orbis Allan Gray Ltd 1.21% of their portfolio | 1.4m $248.6m | Added +6.7k |
| Conestoga Capital Advisors, LLC 3.62% of their portfolio | 1.4m $244.9m | Reduced -41.1k |
| FIL Ltd 0.17% of their portfolio | 1.1m $193.7m | Added +20.3k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 1.1m $193.3m | Added +646.1k |
| MORGAN STANLEY 0.01% of their portfolio | 913.1k $159.4m | Added +1.4k |
| T. Rowe Price Investment Management, Inc. 0.10% of their portfolio | 885.9k $154.7m | Reduced -24.6k |
| JANUS HENDERSON GROUP PLC 0.06% of their portfolio | 726.7k $126.9m | Added +248.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 718.0k $125.4m | Added +46.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.09% of their portfolio | 599.9k $104.1m | Reduced -214.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.14% of their portfolio | 596.0k $104.1m | Reduced -41.2k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 586.9k $102.5m | Added +47.7k |
| NORGES BANK 0.01% of their portfolio | 537.8k $93.9m | Reduced -6.7k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.24% of their portfolio | 511.5k $89.3m | Added +5.5k |
| FRED ALGER MANAGEMENT, LLC 0.38% of their portfolio | 482.7k $84.4m | Reduced -91.8k |
| CIBC WORLD MARKET INC. 0.17% of their portfolio | 449.7k $78.5m | Reduced -22.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 433.8k $79.2m | Added +46.3k |
| 1832 Asset Management L.P. 0.12% of their portfolio | 409.3k $71.5m | Reduced -620 |
| CIBC Asset Management Inc 0.22% of their portfolio | 405.9k $71.1m | Reduced -44.1k |
| GENEVA CAPITAL MANAGEMENT LLC 1.12% of their portfolio | 384.7k $67.2m | Added +22.4k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 383.7k $67.0m | Added +65.1k |
| ROYCE & ASSOCIATES LP 0.64% of their portfolio | 357.4k $62.4m | Added +4.6k |
| Copeland Capital Management, LLC 1.27% of their portfolio | 352.4k $61.5m | Reduced -30.5k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 326.2k $56.7m | Reduced -36.5k |
| NATIONAL BANK OF CANADA /FI/ 0.06% of their portfolio | 322.6k $56.1m | Added +25.3k |
| PICTON MAHONEY ASSET MANAGEMENT 0.79% of their portfolio | 322.4k $56.0m | New |
| TD Asset Management Inc 0.04% of their portfolio | 279.3k $48.7m | Reduced -56.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 275.8k $48.2m | Added +5.3k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 252.9k $44.1m | Reduced -285.7k |
| Baskin Financial Services Inc. 3.33% of their portfolio | 252.1k $44.0m | Added +220 |
| Fiera Capital Corp 0.15% of their portfolio | 251.0k $43.7m | Reduced -17.9k |
| CAPTRUST FINANCIAL ADVISORS 0.09% of their portfolio | 240.8k $42.0m | Added +1.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 222.0k $38.8m | Reduced -63.4k |
| Lionstone Capital Management LLC 9.07% of their portfolio | 216.2k $37.8m | Unchanged |
| BROWN ADVISORY INC 0.05% of their portfolio | 210.3k $36.7m | Added +26.4k |
| Clearbridge Investments, LLC 0.03% of their portfolio | 205.4k $35.9m | Reduced -11.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 199.8k $34.9m | Reduced -10.5k |
| BESSEMER GROUP INC 0.05% of their portfolio | 192.4k $33.6m | Added +26.1k |
| Legal & General Group Plc 0.01% of their portfolio | 184.0k $32.0m | Added +19.0k |
| ACADIAN ASSET MANAGEMENT LLC 0.06% of their portfolio | 176.7k $30.8m | Added +100.3k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 170.8k $29.8m | Added +4.2k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 160.6k $28.0m | Reduced -28.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 157.3k $27.5m | Unchanged |
| BANK OF NOVA SCOTIA 0.05% of their portfolio | 149.4k $26.1m | Reduced -11.7k |
| BLAIR WILLIAM & CO/IL 0.07% of their portfolio | 145.4k $25.4m | Added +52.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 144.8k $25.3m | Reduced -2.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.09% of their portfolio | 140.1k $24.4m | Reduced -393.3k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 131.2k $22.9m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 125.7k $22.0m | New |
| Swiss National Bank 0.01% of their portfolio | 124.3k $21.6m | Added +8.7k |
| AltraVue Capital, LLC 1.89% of their portfolio | 123.5k $21.6m | Added +4.3k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 119.1k $20.8m | Added +1.5k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 118.4k $20.7m | Reduced -2.6k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 116.2k $20.4m | Added +8.4k |
| Summit Creek Advisors LLC 2.58% of their portfolio | 106.0k $18.5m | Reduced -9.3k |
| TD Waterhouse Canada Inc. 0.13% of their portfolio | 105.4k $18.5m | Added +15.1k |
| OSTERWEIS CAPITAL MANAGEMENT INC 0.86% of their portfolio | 102.7k $17.9m | Reduced -9.0k |
| MONTRUSCO BOLTON INVESTMENTS INC. 0.20% of their portfolio | 101.3k $17.6m | Added +7.8k |
| Fenimore Asset Management Inc 0.35% of their portfolio | 100.4k $17.5m | Reduced -216 |
| JACOBSON & SCHMITT ADVISORS, LLC 2.99% of their portfolio | 96.8k $16.9m | Added +442 |
| Amundi 0.01% of their portfolio | 89.5k $15.8m | Added +17.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 87.2k $15.2m | Reduced -1.5k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 80.5k $14.0m | New |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 79.2k $13.8m | Added +39.6k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 73.8k $12.9m | Added +15.6k |
| BlackRock, Inc. 0.00% of their portfolio | 72.3k $12.6m | Added +4.9k |
| MUFG SECURITIES (CANADA), LTD. 0.38% of their portfolio | 70.9k $12.4m | Added +7.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 69.3k $12.1m | Reduced -4.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 64.6k $11.3m | Reduced -15.6k |
| TORONTO DOMINION BANK 0.02% of their portfolio | 63.0k $11.0m | Reduced -1.6k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 61.5k $10.7m | Added +7.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 59.1k $10.3m | Reduced -322 |
| Skandinaviska Enskilda Banken AB (publ) 0.06% of their portfolio | 55.5k $13.2m | Added +26.1k |
| UBS Group AG 0.00% of their portfolio | 54.2k $9.5m | Reduced -6.5k |
| Hillsdale Investment Management Inc. 0.34% of their portfolio | 53.5k $9.3m | Reduced -800 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.07% of their portfolio | 50.9k $8.9m | Reduced -2.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 50.0k $8.7m | Reduced -6.2k |
| BARCLAYS PLC 0.00% of their portfolio | 48.4k $8.5m | Reduced -5.3k |
| Invesco Ltd. 0.00% of their portfolio | 48.4k $8.4m | Reduced -129.7k |
| Catawba River Capital 4.23% of their portfolio | 47.7k $8.3m | Added +1.3k |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 0.84% of their portfolio | 43.5k $7.6m | Added +3.0k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 42.9k $7.5m | Added +39.9k |
| Waratah Capital Advisors Ltd. 0.50% of their portfolio | 41.7k $7.3m | Reduced -2.2k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.03% of their portfolio | 38.7k $6.8m | Reduced -897 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 37.5k $6.6m | Reduced -19.2k |
| Andra AP-fonden 0.12% of their portfolio | 37.1k $8.8m | Reduced -22.8k |
| Cumberland Partners Ltd 0.44% of their portfolio | 36.8k $6.4m | Added +90 |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 36.1k $6.3m | Reduced -5.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 36.1k $6.3m | Reduced -3.5k |
| ARGENT CAPITAL MANAGEMENT LLC 0.17% of their portfolio | 33.8k $5.9m | Added +413 |
| Aptus Capital Advisors, LLC 0.06% of their portfolio | 32.3k $5.6m | Added +2.9k |
| PDT Partners, LLC 0.32% of their portfolio | 31.9k $5.6m | Added +156 |
| SCOTIA CAPITAL INC. 0.02% of their portfolio | 30.1k $5.3m | Added +384 |
| Motley Fool Wealth Management, LLC 0.31% of their portfolio | 29.6k $5.2m | New |
| AVIVA PLC 0.01% of their portfolio | 29.0k $5.1m | Added +2.6k |
| Norwood Investment Partners, LP 3.78% of their portfolio | 28.9k $5.0m | Added +15.7k |
| Nuveen, LLC 0.00% of their portfolio | 28.6k $5.0m | Added +341 |