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Business First Bancshares
BFST

99 hedge funds and large institutions have $181M invested in Business First Bancshares in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 23 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 23

20% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 15

2% more funds holding

Funds holding: 97 → 99 (+2)

0.44% more ownership

Funds ownership: 41.75% → 42.2% (+0.44%)

20% less capital invested

Capital invested by funds: $226M → $181M (-$44.3M)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $110K

Holders
99
Holders Change
+2
Holders Change %
+2.06%
% of All Funds
1.58%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
18
Increased
41
Reduced
23
Closed
15
Calls
–
Puts
$110K
Net Calls
-$110K
Net Calls Change
-$110K

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$11.3M
2
RA
Royce & Associates
New York
+$2.39M
3
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$2.24M
4
JP Morgan Chase
JP Morgan Chase
New York
+$2M
5
HSBC Holdings
HSBC Holdings
United Kingdom
+$1.31M

Top Sellers

Rank Fund Capital Flow
1
Wellington Management Group
Wellington Management Group
Massachusetts
-$17.4M
2
SAM
Silvercrest Asset Management
New York
-$8.59M
3
SCA
Stieven Capital Advisors
Missouri
-$1.81M
4
Citadel Advisors
Citadel Advisors
Florida
-$1.02M
5
KCM
Kennedy Capital Management
Missouri
-$301K
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$1.28M +$1.02M +51,496 +223%
HSBC Holdings
27
HSBC Holdings
United Kingdom
$1.12M +$1.31M +66,091 New
Charles Schwab
28
Charles Schwab
California
$1.08M +$14.2K +712 +1%
Victory Capital Management
29
Victory Capital Management
Texas
$956K +$3.38K +170 +0.3%
Swiss National Bank
30
Swiss National Bank
Switzerland
$881K -$123K -6,200 -11%
GWM
31
Geneos Wealth Management
Colorado
$819K – – –
LSV Asset Management
32
LSV Asset Management
Illinois
$808K – – –
State of Wisconsin Investment Board
33
State of Wisconsin Investment Board
Wisconsin
$670K +$130K +6,532 +20%
MHWM
34
Montz Harcus Wealth Management
Louisiana
$646K +$4.3K +216 +0.6%
AQR Capital Management
35
AQR Capital Management
Connecticut
$638K +$741K +37,229 New
RhumbLine Advisers
36
RhumbLine Advisers
Massachusetts
$633K +$47.1K +2,368 +7%
Invesco
37
Invesco
Georgia
$615K -$41.9K -2,104 -6%
Barclays
38
Barclays
United Kingdom
$552K +$199K +9,991 +45%
GCM
39
Gator Capital Management
Florida
$536K +$61.2K +3,075 +11%
Bank of America
40
Bank of America
North Carolina
$532K +$276K +13,872 +81%
FMP
41
Financial Management Professionals
Texas
$514K – – –
California State Teachers Retirement System (CalSTRS)
42
California State Teachers Retirement System (CalSTRS)
California
$509K -$8.55K -430 -1%
Two Sigma Investments
43
Two Sigma Investments
New York
$483K -$264K -13,259 -32%
EM
44
ELCO Management
New York
$478K – – –
NYLIM
45
New York Life Investment Management
New York
$471K +$547K +27,498 New
EFG
46
Ethos Financial Group
Pennsylvania
$456K – – –
RB
47
Rodgers Brothers
Pennsylvania
$445K +$199K +10,000 +63%
BCM
48
BHZ Capital Management
California
$445K +$517K +25,987 New
CIC
49
Cornercap Investment Counsel
Georgia
$440K +$46.7K +2,347 +10%
LPL Financial
50
LPL Financial
California
$400K -$147K -7,389 -24%
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BFST Hedge Fund Activity: Q1 2023 in Review

99 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q1 2023, worth a combined $181M — down 20% from $226M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new BFST positions and 15 closed out — a net gain of 3 holders — while 41 added to existing stakes and 23 trimmed.

The largest buyer was BlackRock, adding an estimated $11.3M. The largest seller was Wellington Management Group, exiting entirely with an estimated $17.4M sold.

  • 99 institutional investors held Business First Bancshares (BFST) as of Q1 2023, up from 97 in Q4 2022.
  • Funds reported $181M of Business First Bancshares stock for Q1 2023, down 20% quarter-over-quarter.
  • 18 funds opened new Business First Bancshares positions in Q1 2023 and 15 closed out, a net change of +3 holders.
  • The largest Business First Bancshares buyer in Q1 2023 was BlackRock, an estimated $11.3M added.
  • The largest Business First Bancshares seller in Q1 2023 was Wellington Management Group, an estimated $17.4M sold.

Based on aggregated 13F filings for Q1 2023.