Business First Bancshares
BFST
54 hedge funds and large institutions have $152M invested in Business First Bancshares in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 9 reducing their positions, and 5 closing their positions.
211% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 9
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
10% more funds holding
Funds holding: 49 → 54 (+5)
6% more capital invested
Capital invested by funds: $143M → $152M (+$8.56M)
1.76% more ownership
Funds ownership: 47.92% → 49.68% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.87M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.04M |
| 3 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
+$1.74M |
| 4 |
BlackRock
New York
|
+$1.2M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$737K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$6.16M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$778K |
| 3 |
Millennium Management
New York
|
-$395K |
| 4 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$104K |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$88K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
51
Ameritas Investment Partners
Lincoln,
Nebraska
| $20K | – | – | – |
|
52
Royal Bank of Canada
Toronto,
Ontario, Canada
| $9K | +$7.03K | +272 | +389% |
|
53
BNP Paribas Financial Markets
Paris,
France
| $8.23K | -$78 | -3 | -1% |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | +$155 | +6 | +9% |
|
|
55
Millennium Management
New York
| – | -$395K | -14,993 | Closed |
|
|
HCM
56
Hilton Capital Management
Garden City,
New York
| – | -$104K | -3,950 | Closed |
|
|
57
SEI Investments
Oaks,
Pennsylvania
| – | -$88K | -3,333 | Closed |
|
|
SO
58
STRS Ohio
Columbus,
Ohio
| – | -$72.3K | -2,800 | Closed |
|
|
PIA
59
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$4K | -165 | Closed |
|
BFST Hedge Fund Activity: Q3 2018 in Review
54 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q3 2018, worth a combined $152M — up 6% from $143M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BFST positions and 5 closed out — a net gain of 5 holders — while 28 added to existing stakes and 9 trimmed.
The largest buyer was Vanguard Group, adding an estimated $2.87M. The largest seller was Maltese Capital Management, cutting an estimated $6.16M.
- 54 institutional investors held Business First Bancshares (BFST) as of Q3 2018, up from 49 in Q2 2018.
- Funds reported $152M of Business First Bancshares stock for Q3 2018, up 6% quarter-over-quarter.
- 10 funds opened new Business First Bancshares positions in Q3 2018 and 5 closed out, a net change of +5 holders.
- The largest Business First Bancshares buyer in Q3 2018 was Vanguard Group, an estimated $2.87M added.
- The largest Business First Bancshares seller in Q3 2018 was Maltese Capital Management, an estimated $6.16M sold.
Based on aggregated 13F filings for Q3 2018.