Emerald Mutual Fund Advisers Trust’s First Business Financial Services FBIZ Stock Holding History

Emerald Mutual Fund Advisers Trust’s Portfolio FBIZ Stock Details FBIZ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-50,175	Closed	-$1.16M	–	267
2017 Q2	$1.16M	Sell	50,175 -69,625	-58%	-$1.7M	0.05%	214
2017 Q1	$3.11M	Hold	119,800	–	–	0.14%	154
2016 Q4	$2.84M	Hold	119,800	–	–	0.14%	151
2016 Q3	$2.81M	Hold	119,800	–	–	0.14%	152
2016 Q2	$2.81M	Hold	119,800	–	–	0.16%	153
2016 Q1	$2.75M	Hold	119,800	–	–	0.15%	147
2015 Q4	$3M	Buy	119,800 +60,910	+103%	+$1.52M	0.16%	147
2015 Q3	$1.39M	Hold	58,890	–	–	0.09%	171
2015 Q2	$1.38M	Hold	58,890	–	–	0.11%	158
2015 Q1	$1.38M	Hold	58,890	–	–	0.11%	149
2014 Q4	$1.41M	Hold	58,890	–	–	0.12%	133
2014 Q3	$1.29M	Hold	58,890	–	–	0.12%	139
2014 Q2	$1.39M	Hold	58,890	–	–	0.13%	140
2014 Q1	$1.39M	Sell	58,890 -41,610	-41%	-$877K	0.13%	135
2013 Q4	$1.93M	Buy	100,500 +50,250	+100%	+$893K	0.12%	138
2013 Q3	$820K	Hold	50,250	–	–	0.11%	140
2013 Q2	$753K	Buy	+50,250	New	+$708K	0.13%	134

Other funds holding FBIZ

BFC

Banc Funds Company Chicago, Illinois $537M AUM 17.34% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $116B AUM 26.37% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

FBFS

First Business Financial Services Madison, Wisconsin $1.12B AUM 22.16% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $46.4B AUM 27.74% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Emerald Mutual Fund Advisers Trust's FBIZ Position: Q3 2017 in Review

Emerald Mutual Fund Advisers Trust sold out of First Business Financial Services (FBIZ) in Q3 2017, closing a stake of 50,175 shares — an estimated $1.16M sold.

Emerald Mutual Fund Advisers Trust first reported a position in FBIZ in Q2 2013 and held it in 17 quarters. The position peaked at $3.11M in Q1 2017. 63 funds tracked by Wall St. Rank hold FBIZ as of Q3 2017.

Emerald Mutual Fund Advisers Trust reported no remaining First Business Financial Services position as of Q3 2017 after selling out during the quarter.
Emerald Mutual Fund Advisers Trust sold 50,175 First Business Financial Services shares in Q3 2017, an estimated $1.16M.
Emerald Mutual Fund Advisers Trust first reported a position in First Business Financial Services in Q2 2013 and held it in 17 quarters.
Emerald Mutual Fund Advisers Trust's First Business Financial Services position peaked at $3.11M in Q1 2017.
63 funds tracked by Wall St. Rank held First Business Financial Services as of Q3 2017.

Based on Emerald Mutual Fund Advisers Trust's 13F filing for Q3 2017, filed 30 Oct 2017.