Ranked by reported Q2 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 | $574.7M | +1.9% | 8.795% | 1.98% |
| 2 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | 2.1M | $292.7M | +7.8% | 4.485% | 0.11% |
| 3 | 1832 Asset Management L.P. | 1.7M | $239.4M | +302.9% | 3.663% | 0.12% |
| 4 | Jupiter Topco LLC | 1.7M | $238.8M | — | 3.655% | 0.10% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 1.2M | $173.0M | +1.7% | 2.646% | 0.00% |
| 6 | Conestoga Capital Advisors, LLC | 1.2M | $172.9M | -13.4% | 2.647% | 3.76% |
| 7 | Neuberger Berman Group LLC | 1.2M | $167.3M | -1.8% | 2.561% | 0.06% |
| 8 | MACKENZIE FINANCIAL CORP | 756K | $152.5M | -48.6% | 1.645% | 0.15% |
| 9 | MORGAN STANLEY | 873K | $124.1M | +42.8% | 1.899% | 0.01% |
| 10 | CIBC Asset Management Inc | 861K | $122.4M | +19.3% | 1.873% | 0.27% |
| 11 | GEODE CAPITAL MANAGEMENT, LLC | 652K | $100.9M | +10.2% | 1.419% | 0.01% |
| 12 | ROYAL BANK OF CANADA | 643K | $91.4M | +12.2% | 1.399% | 0.01% |
| 13 | NORGES BANK | 550K | $78.1M | — | 1.195% | 0.01% |
| 14 | TD ASSET MANAGEMENT INC | 522K | $74.3M | +9.7% | 1.136% | 0.06% |
| 15 | BANK OF MONTREAL /CAN/ | 522K | $74.1M | +9.3% | 1.134% | 0.02% |
| 16 | BCV Asset Management Inc. | 507K | $72.0M | +0.5% | 1.102% | 2.17% |
| 17 | ROYCE & ASSOCIATES LP | 466K | $66.3M | +2.1% | 1.014% | 0.53% |
| 18 | RENAISSANCE TECHNOLOGIES LLC | 431K | $61.2M | -12.2% | 0.937% | 0.08% |
| 19 | GENEVA CAPITAL MANAGEMENT LLC | 416K | $59.1M | -21.2% | 0.904% | 1.35% |
| 20 | CIBC WORLD MARKET INC. | 399K | $56.7M | -13.1% | 0.868% | 0.09% |
| 21 | BROWN ADVISORY INC | 387K | $55.0M | -3.1% | 0.841% | 0.09% |
| 22 | VANGUARD FIDUCIARY TRUST CO | 367K | $52.2M | +1.8% | 0.798% | 0.01% |
| 23 | Copeland Capital Management, LLC | 348K | $49.5M | -5.5% | 0.758% | 1.02% |
| 24 | Clearbridge Investments, LLC | 345K | $49.0M | +18.9% | 0.750% | 0.04% |
| 25 | Vanguard Global Advisers, LLC | 334K | $47.5M | +4.0% | 0.726% | 0.02% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in FSV — a direct measure of their conviction.
Filings activity in FSV during Q2 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 275 | 6.8% | 69.46% | +0.43 pp | $4.53B | +4.5% |
| Q1 2026 | 295 | 3.3% | 69.03% | 0.89 pp | $4.34B | 10% |
| Q4 2025 | 305 | 3.2% | 69.92% | +2.58 pp | $4.84B | 8.3% |
| Q3 2025 | 315 | 1.3% | 67.34% | +0.76 pp | $5.28B | +8.3% |
| Q2 2025 | 319 | +4.6% | 66.58% | +2.23 pp | $4.87B | +3.4% |
| Q1 2025 | 305 | +1.3% | 64.35% | 1.66 pp | $4.71B | 4.4% |
| Q4 2024 | 301 | +7.9% | 66.01% | 0.24 pp | $4.93B | 0.3% |
| Q3 2024 | 279 | — | 66.25% | — | $4.94B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying FSV stock.
Based on Q2 2026 13F filings, institutional ownership of FirstService Corporation stands at 69.5%, held across 275 reporting institutions.
Orbis Allan Gray Ltd is the largest reported institutional holder of FSV, with approximately 4,044,289 shares worth $0.57B as of Q2 2026.
Yes — 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 47 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
35 institutions opened new positions in FSV during Q2 2026, while 57 fully exited. 140 added to existing positions and 91 trimmed.
FSV institutional ownership rose by 0.43 percentage points quarter-over-quarter, with a net change of -20 holders.
The top 10 institutions account for 49.8% of all reported 13F value in FSV, and the top 25 account for 71.6%.
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.