FSSL ranks #2442 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
FSSL is a top-conviction position for North Ground Capital — at 10.9% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in FSSL belongs to Nomura Holdings Inc, but the position matters far more to North Ground Capital, who has 10.9% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Nomura Holdings Inc has added to its FSSL position for two straight quarters, increasing it by $31.6M to reach $41.5M today.
Commonwealth Equity Services, LLC has trimmed its FSSL position for two straight quarters, cutting it by $11.1M while still holding $9.5M.
FSSL is up 0.7% today, and institutions have been net buyers of $57.1M this quarter — today's price move and the underlying institutional flow are pointing the same direction.