Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in FSV held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Orbis Allan Gray Ltd | 4.0M | $551.3M | +99.9% | 8.630% | 2.33% |
| 2 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | 1.9M | $265.9M | -31.1% | 4.161% | 0.23% |
| 3 | JANUS HENDERSON GROUP PLC | 1.6M | $220.6M | +16.1% | 3.452% | 0.11% |
| 4 | MACKENZIE FINANCIAL CORP | 1.5M | $204.6M | -17.9% | 3.200% | 0.25% |
| 5 | Conestoga Capital Advisors, LLC | 1.4M | $195.3M | +19.9% | 3.057% | 3.90% |
| 6 | Neuberger Berman Group LLC | 1.2M | $166.6M | +3.7% | 2.607% | 0.13% |
| 7 | CIBC Asset Management Inc | 722K | $100.2M | +124.9% | 1.570% | 0.24% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 592K | $89.0M | +11.7% | 1.287% | 0.01% |
| 9 | MORGAN STANLEY | 612K | $85.0M | -6.9% | 1.330% | 0.01% |
| 10 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 593K | $82.4M | -0.5% | 1.290% | 0.27% |
| 11 | WELLINGTON MANAGEMENT GROUP LLP | 578K | $80.4M | -19.7% | 1.258% | 0.02% |
| 12 | ROYAL BANK OF CANADA | 573K | $79.7M | +15.7% | 1.247% | 0.01% |
| 13 | GENEVA CAPITAL MANAGEMENT LLC | 528K | $73.3M | +27.1% | 1.147% | 1.56% |
| 14 | BCV Asset Management Inc. | 504K | $69.8M | +36.2% | 1.096% | 2.40% |
| 15 | RENAISSANCE TECHNOLOGIES LLC | 490K | $68.1M | +0.1% | 1.067% | 0.11% |
| 16 | BANK OF MONTREAL /CAN/ | 477K | $66.4M | +14.8% | 1.038% | 0.03% |
| 17 | TD ASSET MANAGEMENT INC | 476K | $66.0M | +13.0% | 1.036% | 0.05% |
| 18 | CIBC World Markets Inc. | 459K | $63.9M | -9.4% | 0.999% | 0.10% |
| 19 | ROYCE & ASSOCIATES LP | 457K | $63.4M | +22.5% | 0.993% | 0.63% |
| 20 | 1832 Asset Management L.P. | 418K | $58.1M | -5.6% | 0.909% | 0.08% |
| 21 | BROWN ADVISORY INC | 399K | $55.5M | +20.6% | 0.868% | 0.09% |
| 22 | FIL Ltd | 387K | $53.8M | -30.0% | 0.841% | 0.04% |
| 23 | Copeland Capital Management, LLC | 369K | $51.2M | +6.5% | 0.801% | 1.14% |
| 24 | FRED ALGER MANAGEMENT, LLC | 367K | $50.9M | -17.6% | 0.797% | 0.22% |
| 25 | AMERICAN CENTURY COMPANIES INC | 300K | $41.7M | +68.3% | 0.652% | 0.02% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in FSV β a direct measure of their conviction.
Filings activity in FSV during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new FSV position in Q1 2026
Institutions that fully closed their FSV position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 280 | 7.6% | 60.93% | 12.23 pp | $4.02B | 17% |
| Q4 2025 | 303 | 3.5% | 73.16% | 6.87 pp | $4.82B | 8.6% |
| Q3 2025 | 314 | 1.6% | 80.03% | +6.10 pp | $5.28B | +8.3% |
| Q2 2025 | 319 | +4.6% | 73.93% | +2.46 pp | $4.87B | +3.4% |
| Q1 2025 | 305 | +1.3% | 71.47% | 3.26 pp | $4.71B | 4.4% |
| Q4 2024 | 301 | +7.9% | 74.73% | 0.21 pp | $4.93B | 0.3% |
| Q3 2024 | 279 | +4.9% | 74.94% | +9.49 pp | $4.94B | +14% |
| Q2 2024 | 266 | β | 65.45% | β | $4.31B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying FSV stock.
Based on Q1 2026 13F filings, institutional ownership of FirstService Corporation stands at 60.9%, held across 280 reporting institutions.
Orbis Allan Gray Ltd is the largest reported institutional holder of FSV, with approximately 3,968,227 shares worth $0.55B as of Q1 2026.
Yes β 1 widely-followed marquee investor appear among the top 25 institutional holders of FSV, including RENAISSANCE TECHNOLOGIES LLC.
Our composite Smart Money Score for FSV is 31 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
34 institutions opened new positions in FSV during Q1 2026, while 57 fully exited. 80 added to existing positions and 164 trimmed.
FSV institutional ownership fell by 12.23 percentage points quarter-over-quarter, with a net change of -23 holders.
The top 10 institutions account for 48.8% of all reported 13F value in FSV, and the top 25 account for 72.3%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
FirstService Corporation (FSV) Institutional Ownership