Vault-13

FIRSTSERVICE CORP NEW FSV

COM · Common Stock · CUSIP 33767E202 · ISIN CA33767E2024

278 institutional holders -20 vs Q1 2026
31,688,97831.7m shares reported held*
$4.6bnreported value*
36 new 109 added 101 reduced 59 sold out net sold ≈ $24.4m (-489.9k 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 ($38.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $144.13. Options: 2 managers hold calls ($7.1m notional), 1 hold puts ($7.6m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 195Q4 22: 197Q1 23: 214Q2 23: 238Q3 23: 239Q4 23: 267Q1 24: 271Q2 24: 271Q3 24: 287Q4 24: 311Q1 25: 316Q2 25: 323Q3 25: 321Q4 25: 306Q1 26: 298Q2 26: 278278Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022195
Q4 2022197
Q1 2023214
Q2 2023238
Q3 2023239
Q4 2023267
Q1 2024271
Q2 2024271
Q3 2024287
Q4 2024311
Q1 2025316
Q2 2025323
Q3 2025321
Q4 2025306
Q1 2026298
Q2 2026278

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 24: 154 bought or addedQ3 24: 99 cut or sold outQ4 24: 145 bought or addedQ4 24: 120 cut or sold outQ4 24Q1 25: 154 bought or addedQ1 25: 130 cut or sold outQ2 25: 158 bought or addedQ2 25: 136 cut or sold outQ2 25Q3 25: 152 bought or addedQ3 25: 148 cut or sold outQ4 25: 134 bought or addedQ4 25: 163 cut or sold outQ4 25Q1 26: 153 bought or addedQ1 26: 142 cut or sold outQ2 26: 145 bought or addedQ2 26: 160 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202415499
Q4 2024145120
Q1 2025154130
Q2 2025158136
Q3 2025152148
Q4 2025134163
Q1 2026153142
Q2 2026145160

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ3 25 calls: $361.9kQ3 25 puts: $438.1kQ3 25P/C 1.21Q4 25 calls: $15.3mQ4 25 puts: $1.6mQ4 25P/C 0.10Q1 26 calls: $13.3mQ1 26 puts: $903.1kQ1 26P/C 0.07Q2 26 calls: $7.1mQ2 26 puts: $7.6mQ2 26P/C 1.07
Numbers
QuarterCallsPutsP/C
Q3 2025$361.9k$438.1k1.21
Q4 2025$15.3m$1.6m0.10
Q1 2026$13.3m$903.1k0.07
Q2 2026$7.1m$7.6m1.07

Biggest buyers

1832 Asset Management L.P. Added +1,266,414+1.3m
MORGAN STANLEY Added +261,473+261.5k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +148,786+148.8k
CIBC Asset Management Inc Added +139,550+139.6k
GOLDMAN SACHS GROUP INC Added +114,006+114.0k
AltraVue Capital, LLC Added +99,370+99.4k
PICTON MAHONEY ASSET MANAGEMENT Added +85,881+85.9k
Orbis Allan Gray Ltd Added +76,062+76.1k
ROYAL BANK OF CANADA Added +69,923+69.9k
GEODE CAPITAL MANAGEMENT, LLC Added +60,609+60.6k

Biggest sellers

MACKENZIE FINANCIAL CORP Reduced -715,093-715.1k
WELLINGTON MANAGEMENT GROUP LLP Reduced -286,467-286.5k
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Reduced -282,375-282.4k
VOYA INVESTMENT MANAGEMENT LLC Sold out -241,009-241.0k
Conestoga Capital Advisors, LLC Reduced -188,567-188.6k
FRED ALGER MANAGEMENT, LLC Reduced -178,007-178.0k
FIL Ltd Reduced -175,042-175.0k
JPMORGAN CHASE & CO Reduced -143,094-143.1k
BESSEMER GROUP INC Reduced -122,187-122.2k
GENEVA CAPITAL MANAGEMENT LLC Reduced -111,883-111.9k

Biggest calls

Waratah Capital Advisors Ltd. New $7.1m50.0k shares
GROUP ONE TRADING LLC Reduced $14.2k100 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $7.6m53.6k 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 since 1 Apr 2026

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 since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Orbis Allan Gray Ltd 1.98% of their portfolio HamiltoN, D0 4,044,2894.0m $574.7m $574.7m 1.98% Added +76.1k +76,062
2 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.23% of their portfolio Toronto, A6 2,062,1922.1m $292.7m $292.7m 0.23% Added +148.8k +148,786
3 1832 Asset Management L.P. 0.29% of their portfolio TORONTO, A6 1,684,4601.7m $239.4m $239.4m 0.29% Added +1.3m +1,266,414
4 Jupiter Topco LLC 0.10% of their portfolio NEW YORK, NY 1,680,4861.7m $238.8m $238.8m 0.10% First filing
5 Conestoga Capital Advisors, LLC 3.76% of their portfolio WAYNE, PA 1,216,9971.2m $172.9m $172.9m 3.76% Reduced -188.6k -188,567
6 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 1,216,6571.2m $173.0m $173.0m 0.00% Added +20.2k +20,209
7 NEUBERGER BERMAN GROUP LLC 0.11% of their portfolio NEW YORK, NY 1,177,4271.2m $167.3m $167.3m 0.11% Reduced -21.4k -21,446
8 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 873,026873.0k $124.1m $124.1m 0.01% Added +261.5k +261,473
9 CIBC Asset Management Inc 0.27% of their portfolio TORONTO, Z4 861,424861.4k $122.4m $122.4m 0.27% Added +139.6k +139,550
10 MACKENZIE FINANCIAL CORP 0.15% of their portfolio TORONTO ONTARIO, A6 756,199756.2k $152.5m $152.5m 0.15% Reduced -715.1k -715,093
11 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 652,324652.3k $100.9m $100.9m 0.01% Added +60.6k +60,609
12 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 643,344643.3k $91.4m $91.4m 0.02% Added +69.9k +69,923
13 NORGES BANK 0.01% of their portfolio OSLO, Q8 549,665549.7k $78.1m $78.1m 0.01% Not comparable
14 TD Asset Management Inc 0.06% of their portfolio Toronto, A6 522,479522.5k $74.3m $74.3m 0.06% Added +46.2k +46,212
15 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 521,638521.6k $74.1m $74.1m 0.03% Added +44.2k +44,188
16 BCV Asset Management Inc. 2.17% of their portfolio WINNIPEG, A2 506,534506.5k $72.0m $72.0m 2.17% Added +2.4k +2,419
17 ROYCE & ASSOCIATES LP 0.53% of their portfolio New York, NY 466,428466.4k $66.3m $66.3m 0.53% Added +9.8k +9,786
18 RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio NEW YORK, NY 430,840430.8k $61.2m $61.2m 0.08% Reduced -59.6k -59,600
19 GENEVA CAPITAL MANAGEMENT LLC 1.35% of their portfolio MILWAUKEE, WI 415,689415.7k $59.1m $59.1m 1.35% Reduced -111.9k -111,883
20 CIBC WORLD MARKET INC. 0.10% of their portfolio TORONTO, A6 399,267399.3k $56.7m $56.7m 0.10% Reduced -60.0k -60,019
21 BROWN ADVISORY INC 0.09% of their portfolio BALTIMORE, MD 386,877386.9k $55.0m $55.0m 0.09% Reduced -12.3k -12,304
22 VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio MALVERN, PA 366,841366.8k $52.2m $52.2m 0.01% Added +6.3k +6,330
23 Copeland Capital Management, LLC 1.02% of their portfolio Conshohocken, PA 348,416348.4k $49.5m $49.5m 1.02% Reduced -20.1k -20,127
24 Clearbridge Investments, LLC 0.04% of their portfolio NEW YORK, NY 344,696344.7k $49.0m $49.0m 0.04% Added +54.8k +54,844
25 Vanguard Global Advisers, LLC 0.02% of their portfolio MALVERN, PA 333,870333.9k $47.5m $47.5m 0.02% Added +12.8k +12,798
26 PICTON MAHONEY ASSET MANAGEMENT 0.43% of their portfolio Toronto, A6 330,064330.1k $46.8m $46.8m 0.43% Added +85.9k +85,881
27 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.13% of their portfolio CHICAGO, IL 310,952311.0k $44.2m $44.2m 0.13% Reduced -282.4k -282,375
28 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 291,944291.9k $41.5m $41.5m 0.01% Reduced -286.5k -286,467
29 Lionstone Capital Management LLC 9.50% of their portfolio NEW YORK, NY 290,920290.9k $41.3m $41.3m 9.50% Added +29.0k +28,965
30 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 287,694287.7k $40.9m $40.9m 0.00% Added +114.0k +114,006
31 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 268,514268.5k $38.2m $38.2m 0.01% Reduced -8.7k -8,711
32 CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio TORONTO ONTARIO, A6 264,329264.3k $37.5m $37.5m 0.02% Added +30.3k +30,289
33 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 260,602260.6k $37.0m $37.0m 0.00% Added +20.3k +20,286
34 MONTRUSCO BOLTON INVESTMENTS INC. 0.56% of their portfolio MONTREAL, A8 254,333254.3k $36.2m $36.2m 0.56% Reduced -9.2k -9,155
35 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 251,725251.7k $35.8m $35.8m 0.02% Reduced -47.9k -47,906
36 Baskin Financial Services Inc. 2.75% of their portfolio TORONTO, A6 246,257246.3k $35.0m $35.0m 2.75% Reduced -4.0k -4,044
37 Legal & General Group Plc 0.01% of their portfolio London, X0 242,821242.8k $34.5m $34.5m 0.01% Reduced -19.8k -19,820
38 NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio MONTREAL, A8 233,648233.6k $32.6m $32.6m 0.03% Reduced -64.8k -64,828
39 AltraVue Capital, LLC 2.31% of their portfolio BELLEVUE, WA 225,625225.6k $32.1m $32.1m 2.31% Added +99.4k +99,370
40 CAPTRUST FINANCIAL ADVISORS 0.05% of their portfolio RALEIGH, NC 214,245214.2k $30.4m $30.4m 0.05% Reduced -25.3k -25,270
41 FIL Ltd 0.02% of their portfolio HAMILTON, D0 211,557211.6k $30.1m $30.1m 0.02% Reduced -175.0k -175,042
42 SEB Asset Management AB 0.11% of their portfolio STOCKHOLM, V7 196,248196.2k $27.9m $27.9m 0.11% Reduced -30.6k -30,600
43 FRED ALGER MANAGEMENT, LLC 0.09% of their portfolio NEW YORK, NY 188,507188.5k $26.8m $26.8m 0.09% Reduced -178.0k -178,007
44 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 142,869142.9k $20.3m $20.3m 0.01% Added +13.3k +13,349
45 Public Sector Pension Investment Board 0.05% of their portfolio MONTREAL, A8 142,225142.2k $20.2m $20.2m 0.05% Added +39.2k +39,187
46 JACOBSON & SCHMITT ADVISORS, LLC 3.30% of their portfolio MIDDLETON, WI 142,185142.2k $20.2m $20.2m 3.30% Reduced -5.7k -5,745
47 BLAIR WILLIAM & CO/IL 0.05% of their portfolio CHICAGO, IL 136,539136.5k $19.4m $19.4m 0.05% Reduced -9.8k -9,775
48 Swiss National Bank 0.01% of their portfolio ZURICH, V8 133,800133.8k $19.0m $19.0m 0.01% Reduced -4.7k -4,700
49 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 133,120133.1k $26.8m $26.8m 0.01% Added +2.5k +2,458
50 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 129,041129.0k $18.3m $18.3m 0.00% Reduced -18.7k -18,714
51 Fiera Capital Corp 0.07% of their portfolio MONTREAL, A8 127,397127.4k $18.1m $18.1m 0.07% Reduced -11.8k -11,778
52 Fenimore Asset Management Inc 0.36% of their portfolio Cobleskill, NY 122,398122.4k $17.4m $17.4m 0.36% Reduced -21.8k -21,779
53 BANK OF NOVA SCOTIA 0.03% of their portfolio TORONTO, A6 119,955120.0k $17.1m $17.1m 0.03% Added +245 +245
54 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 114,852114.9k $16.3m $16.3m 0.00% Reduced -14.5k -14,512
55 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 111,377111.4k $15.8m $15.8m 0.01% Added +56.2k +56,217
56 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 110,617110.6k $15.7m $15.7m 0.00% Added +5.3k +5,301
57 TORONTO DOMINION BANK 0.02% of their portfolio TORONTO, ONTARIO, A6 104,824104.8k $14.9m $14.9m 0.02% Added +6.3k +6,277
58 NICOLA WEALTH MANAGEMENT LTD. 1.62% of their portfolio VANCOUVER, A1 98,99099.0k $14.1m $14.1m 1.62% Added +12.9k +12,900
59 UBS Group AG 0.00% of their portfolio ZURICH, V8 95,69995.7k $13.6m $13.6m 0.00% Reduced -419 -419
60 SCOTIA CAPITAL INC. 0.05% of their portfolio TORONTO, A6 93,46293.5k $13.3m $13.3m 0.05% Added +50.9k +50,898
61 VANGUARD ASSET MANAGEMENT, Ltd 0.01% of their portfolio London, EC4N 8AF, X0 92,59492.6k $13.2m $13.2m 0.01% Added +18.6k +18,569
62 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 92,08092.1k $13.1m $13.1m 0.02% Reduced -83.2k -83,175
63 OSTERWEIS CAPITAL MANAGEMENT INC 0.61% of their portfolio SAN FRANCISCO, CA 91,73991.7k $13.0m $13.0m 0.61% Added +26.9k +26,855
64 BESSEMER GROUP INC 0.01% of their portfolio WOODBRIDGE, NJ 69,78369.8k $9.9m $9.9m 0.01% Reduced -122.2k -122,187
65 Amundi 0.00% of their portfolio Paris, I0 69,37769.4k $9.9m $9.9m 0.00% Reduced -9.3k -9,273
66 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 1.33% of their portfolio MISSISSAUGA, A6 66,99367.0k $13.5m $13.5m 1.33% Added +2.3k +2,327
67 TD Waterhouse Canada Inc. 0.03% of their portfolio TORONTO, A6 66,43766.4k $9.5m $9.5m 0.03% Added +8.1k +8,084
68 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 63,05363.1k $9.0m $9.0m 0.00% Reduced -651 -651
69 THIRD AVENUE MANAGEMENT LLC 1.41% of their portfolio NEW YORK, NY 61,95162.0k $8.8m $8.8m 1.41% Added +11.5k +11,499
70 BlackRock, Inc. 0.00% of their portfolio New York, NY 61,16761.2k $8.7m $8.7m 0.00% Added +13.3k +13,335
71 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 59,19859.2k $8.4m $8.4m 0.00% Added +9.7k +9,727
72 MUFG SECURITIES (CANADA), LTD. 0.22% of their portfolio NEW YORK, NY 58,54058.5k $8.3m $8.3m 0.22% Reduced -2.5k -2,497
73 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 56,43556.4k $8.0m $8.0m 0.00% Reduced -143.1k -143,094
74 Quantinno Capital Management LP 0.01% of their portfolio NEW YORK, NY 51,79351.8k $7.4m $7.4m 0.01% Added +9.3k +9,342
75 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 51,53851.5k $7.3m $7.3m 0.01% Reduced -5.9k -5,882
76 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 51,40151.4k $7.3m $7.3m 0.01% Reduced -12.0k -11,987
77 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 51,15151.2k $7.3m $7.3m 0.00% Reduced -4.9k -4,910
78 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.05% of their portfolio VICTORIA, A1 50,67350.7k $7.2m $7.2m 0.05% Added +15.8k +15,808
79 Catawba River Capital 3.19% of their portfolio LAKE WYLIE, SC 50,16150.2k $7.1m $7.1m 3.19% Added +633 +633
80 Legato Capital Management LLC 0.59% of their portfolio San Francisco, CA 49,91549.9k $7.1m $7.1m 0.59% Added +23.2k +23,220
81 Summit Creek Advisors LLC 2.38% of their portfolio MINNEAPOLIS, MN 49,23249.2k $7.0m $7.0m 2.38% Reduced -43.8k -43,840
82 Waratah Capital Advisors Ltd. 0.49% of their portfolio TORONTO, A6 45,17945.2k $6.4m $6.4m 0.49% Added +12.5k +12,508
83 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 45,01345.0k $6.4m $6.4m 0.01% Added +20.8k +20,830
84 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 41,84041.8k $5.9m $5.9m 0.00% Added +13.2k +13,211
85 KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio FORT WORTH, TX 41,82541.8k $5.9m $5.9m 0.02% Reduced -3.3k -3,331
86 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 40,37440.4k $5.7m $5.7m 0.00% Added +20.5k +20,532
87 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.03% of their portfolio IRVING, TX 39,75039.8k $5.6m $5.6m 0.03% Reduced -15.4k -15,371
88 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 37,40437.4k $5.3m $5.3m 0.00% Added +2.6k +2,606
89 Langdon Equity Partners 2.89% of their portfolio TORONTO, A6 36,40036.4k $5.2m $5.2m 2.89% Reduced -3.6k -3,600
90 AVIVA PLC 0.01% of their portfolio LONDON, X0 35,60335.6k $5.1m $5.1m 0.01% Added +1.0k +1,005
91 Advisors Capital Management, LLC 0.05% of their portfolio RIDGEWOOD, NJ 34,40134.4k $4.9m $4.9m 0.05% Added +7.1k +7,107
92 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 32,83032.8k $4.7m $4.7m 0.00% New
93 LOUISBOURG INVESTMENTS INC. 0.82% of their portfolio DIEPPE, A3 31,49031.5k $4.5m $4.5m 0.82% Added +1.1k +1,103
94 Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio ZURICH, V8 26,13126.1k $3.7m $3.7m 0.01% Added +3.6k +3,622
95 Federation des caisses Desjardins du Quebec 0.01% of their portfolio LEVIS, A8 25,86925.9k $3.5m $3.5m 0.01% Added +7.4k +7,370
96 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 25,39925.4k $3.6m $3.6m 0.00% Reduced -202 -202
97 Trexquant Investment LP 0.02% of their portfolio STAMFORD, CT 25,32725.3k $3.6m $3.6m 0.02% New
98 Cumberland Partners Ltd 0.22% of their portfolio TORONTO, A6 24,30024.3k $3.5m $3.5m 0.22% Reduced -180 -180
99 Canoe Financial LP 0.04% of their portfolio CALGARY, A0 24,13224.1k $3.4m $3.4m 0.04% Reduced -827 -827
100 BANK OF NOVA SCOTIA TRUST CO 0.28% of their portfolio TORONTO, A6 23,68523.7k $3.4m $3.4m 0.28% Added +11.8k +11,791