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 ($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
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 |
| Q3 2025 | 321 |
| Q4 2025 | 306 |
| Q1 2026 | 298 |
| Q2 2026 | 278 |
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 2024 | 154 | 99 |
| Q4 2024 | 145 | 120 |
| Q1 2025 | 154 | 130 |
| Q2 2025 | 158 | 136 |
| Q3 2025 | 152 | 148 |
| Q4 2025 | 134 | 163 |
| Q1 2026 | 153 | 142 |
| Q2 2026 | 145 | 160 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $361.9k | $438.1k | 1.21 |
| Q4 2025 | $15.3m | $1.6m | 0.10 |
| Q1 2026 | $13.3m | $903.1k | 0.07 |
| Q2 2026 | $7.1m | $7.6m | 1.07 |
Biggest buyers
| 1832 Asset Management L.P. | Added | +1.3m |
| MORGAN STANLEY | Added | +261.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +148.8k |
| CIBC Asset Management Inc | Added | +139.6k |
| GOLDMAN SACHS GROUP INC | Added | +114.0k |
| AltraVue Capital, LLC | Added | +99.4k |
| PICTON MAHONEY ASSET MANAGEMENT | Added | +85.9k |
| Orbis Allan Gray Ltd | Added | +76.1k |
| ROYAL BANK OF CANADA | Added | +69.9k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +60.6k |
Biggest sellers
| MACKENZIE FINANCIAL CORP | Reduced | -715.1k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -286.5k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -282.4k |
| VOYA INVESTMENT MANAGEMENT LLC | Sold out | -241.0k |
| Conestoga Capital Advisors, LLC | Reduced | -188.6k |
| FRED ALGER MANAGEMENT, LLC | Reduced | -178.0k |
| FIL Ltd | Reduced | -175.0k |
| JPMORGAN CHASE & CO | Reduced | -143.1k |
| BESSEMER GROUP INC | Reduced | -122.2k |
| GENEVA CAPITAL MANAGEMENT LLC | Reduced | -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.
| 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 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
| Manager | Shares | Change |
|---|---|---|
| Orbis Allan Gray Ltd 1.98% of their portfolio | 4.0m $574.7m | Added +76.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.23% of their portfolio | 2.1m $292.7m | Added +148.8k |
| 1832 Asset Management L.P. 0.29% of their portfolio | 1.7m $239.4m | Added +1.3m |
| Jupiter Topco LLC 0.10% of their portfolio | 1.7m $238.8m | First filing |
| Conestoga Capital Advisors, LLC 3.76% of their portfolio | 1.2m $172.9m | Reduced -188.6k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.2m $173.0m | Added +20.2k |
| NEUBERGER BERMAN GROUP LLC 0.11% of their portfolio | 1.2m $167.3m | Reduced -21.4k |
| MORGAN STANLEY 0.01% of their portfolio | 873.0k $124.1m | Added +261.5k |
| CIBC Asset Management Inc 0.27% of their portfolio | 861.4k $122.4m | Added +139.6k |
| MACKENZIE FINANCIAL CORP 0.15% of their portfolio | 756.2k $152.5m | Reduced -715.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 652.3k $100.9m | Added +60.6k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 643.3k $91.4m | Added +69.9k |
| NORGES BANK 0.01% of their portfolio | 549.7k $78.1m | Not comparable |
| TD Asset Management Inc 0.06% of their portfolio | 522.5k $74.3m | Added +46.2k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 521.6k $74.1m | Added +44.2k |
| BCV Asset Management Inc. 2.17% of their portfolio | 506.5k $72.0m | Added +2.4k |
| ROYCE & ASSOCIATES LP 0.53% of their portfolio | 466.4k $66.3m | Added +9.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 430.8k $61.2m | Reduced -59.6k |
| GENEVA CAPITAL MANAGEMENT LLC 1.35% of their portfolio | 415.7k $59.1m | Reduced -111.9k |
| CIBC WORLD MARKET INC. 0.10% of their portfolio | 399.3k $56.7m | Reduced -60.0k |
| BROWN ADVISORY INC 0.09% of their portfolio | 386.9k $55.0m | Reduced -12.3k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 366.8k $52.2m | Added +6.3k |
| Copeland Capital Management, LLC 1.02% of their portfolio | 348.4k $49.5m | Reduced -20.1k |
| Clearbridge Investments, LLC 0.04% of their portfolio | 344.7k $49.0m | Added +54.8k |
| Vanguard Global Advisers, LLC 0.02% of their portfolio | 333.9k $47.5m | Added +12.8k |
| PICTON MAHONEY ASSET MANAGEMENT 0.43% of their portfolio | 330.1k $46.8m | Added +85.9k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.13% of their portfolio | 311.0k $44.2m | Reduced -282.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 291.9k $41.5m | Reduced -286.5k |
| Lionstone Capital Management LLC 9.50% of their portfolio | 290.9k $41.3m | Added +29.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 287.7k $40.9m | Added +114.0k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 268.5k $38.2m | Reduced -8.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 264.3k $37.5m | Added +30.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 260.6k $37.0m | Added +20.3k |
| MONTRUSCO BOLTON INVESTMENTS INC. 0.56% of their portfolio | 254.3k $36.2m | Reduced -9.2k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 251.7k $35.8m | Reduced -47.9k |
| Baskin Financial Services Inc. 2.75% of their portfolio | 246.3k $35.0m | Reduced -4.0k |
| Legal & General Group Plc 0.01% of their portfolio | 242.8k $34.5m | Reduced -19.8k |
| NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio | 233.6k $32.6m | Reduced -64.8k |
| AltraVue Capital, LLC 2.31% of their portfolio | 225.6k $32.1m | Added +99.4k |
| CAPTRUST FINANCIAL ADVISORS 0.05% of their portfolio | 214.2k $30.4m | Reduced -25.3k |
| FIL Ltd 0.02% of their portfolio | 211.6k $30.1m | Reduced -175.0k |
| SEB Asset Management AB 0.11% of their portfolio | 196.2k $27.9m | Reduced -30.6k |
| FRED ALGER MANAGEMENT, LLC 0.09% of their portfolio | 188.5k $26.8m | Reduced -178.0k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 142.9k $20.3m | Added +13.3k |
| Public Sector Pension Investment Board 0.05% of their portfolio | 142.2k $20.2m | Added +39.2k |
| JACOBSON & SCHMITT ADVISORS, LLC 3.30% of their portfolio | 142.2k $20.2m | Reduced -5.7k |
| BLAIR WILLIAM & CO/IL 0.05% of their portfolio | 136.5k $19.4m | Reduced -9.8k |
| Swiss National Bank 0.01% of their portfolio | 133.8k $19.0m | Reduced -4.7k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 133.1k $26.8m | Added +2.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 129.0k $18.3m | Reduced -18.7k |
| Fiera Capital Corp 0.07% of their portfolio | 127.4k $18.1m | Reduced -11.8k |
| Fenimore Asset Management Inc 0.36% of their portfolio | 122.4k $17.4m | Reduced -21.8k |
| BANK OF NOVA SCOTIA 0.03% of their portfolio | 120.0k $17.1m | Added +245 |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 114.9k $16.3m | Reduced -14.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 111.4k $15.8m | Added +56.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 110.6k $15.7m | Added +5.3k |
| TORONTO DOMINION BANK 0.02% of their portfolio | 104.8k $14.9m | Added +6.3k |
| NICOLA WEALTH MANAGEMENT LTD. 1.62% of their portfolio | 99.0k $14.1m | Added +12.9k |
| UBS Group AG 0.00% of their portfolio | 95.7k $13.6m | Reduced -419 |
| SCOTIA CAPITAL INC. 0.05% of their portfolio | 93.5k $13.3m | Added +50.9k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.01% of their portfolio | 92.6k $13.2m | Added +18.6k |
| LOOMIS SAYLES & CO L P 0.02% of their portfolio | 92.1k $13.1m | Reduced -83.2k |
| OSTERWEIS CAPITAL MANAGEMENT INC 0.61% of their portfolio | 91.7k $13.0m | Added +26.9k |
| BESSEMER GROUP INC 0.01% of their portfolio | 69.8k $9.9m | Reduced -122.2k |
| Amundi 0.00% of their portfolio | 69.4k $9.9m | Reduced -9.3k |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 1.33% of their portfolio | 67.0k $13.5m | Added +2.3k |
| TD Waterhouse Canada Inc. 0.03% of their portfolio | 66.4k $9.5m | Added +8.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 63.1k $9.0m | Reduced -651 |
| THIRD AVENUE MANAGEMENT LLC 1.41% of their portfolio | 62.0k $8.8m | Added +11.5k |
| BlackRock, Inc. 0.00% of their portfolio | 61.2k $8.7m | Added +13.3k |
| Invesco Ltd. 0.00% of their portfolio | 59.2k $8.4m | Added +9.7k |
| MUFG SECURITIES (CANADA), LTD. 0.22% of their portfolio | 58.5k $8.3m | Reduced -2.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 56.4k $8.0m | Reduced -143.1k |
| Quantinno Capital Management LP 0.01% of their portfolio | 51.8k $7.4m | Added +9.3k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 51.5k $7.3m | Reduced -5.9k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 51.4k $7.3m | Reduced -12.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 51.2k $7.3m | Reduced -4.9k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.05% of their portfolio | 50.7k $7.2m | Added +15.8k |
| Catawba River Capital 3.19% of their portfolio | 50.2k $7.1m | Added +633 |
| Legato Capital Management LLC 0.59% of their portfolio | 49.9k $7.1m | Added +23.2k |
| Summit Creek Advisors LLC 2.38% of their portfolio | 49.2k $7.0m | Reduced -43.8k |
| Waratah Capital Advisors Ltd. 0.49% of their portfolio | 45.2k $6.4m | Added +12.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 45.0k $6.4m | Added +20.8k |
| Nuveen, LLC 0.00% of their portfolio | 41.8k $5.9m | Added +13.2k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio | 41.8k $5.9m | Reduced -3.3k |
| CITIGROUP INC 0.00% of their portfolio | 40.4k $5.7m | Added +20.5k |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.03% of their portfolio | 39.8k $5.6m | Reduced -15.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 37.4k $5.3m | Added +2.6k |
| Langdon Equity Partners 2.89% of their portfolio | 36.4k $5.2m | Reduced -3.6k |
| AVIVA PLC 0.01% of their portfolio | 35.6k $5.1m | Added +1.0k |
| Advisors Capital Management, LLC 0.05% of their portfolio | 34.4k $4.9m | Added +7.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 32.8k $4.7m | New |
| LOUISBOURG INVESTMENTS INC. 0.82% of their portfolio | 31.5k $4.5m | Added +1.1k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio | 26.1k $3.7m | Added +3.6k |
| Federation des caisses Desjardins du Quebec 0.01% of their portfolio | 25.9k $3.5m | Added +7.4k |
| Pictet Asset Management Holding SA 0.00% of their portfolio | 25.4k $3.6m | Reduced -202 |
| Trexquant Investment LP 0.02% of their portfolio | 25.3k $3.6m | New |
| Cumberland Partners Ltd 0.22% of their portfolio | 24.3k $3.5m | Reduced -180 |
| Canoe Financial LP 0.04% of their portfolio | 24.1k $3.4m | Reduced -827 |
| BANK OF NOVA SCOTIA TRUST CO 0.28% of their portfolio | 23.7k $3.4m | Added +11.8k |