Business First Bancshares
BFST
52 hedge funds and large institutions have $138M invested in Business First Bancshares in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 6 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
4% less funds holding
Funds holding: 54 → 52 (-2)
6.23% less ownership
Funds ownership: 49.68% → 43.45% (-6.2%)
9% less capital invested
Capital invested by funds: $152M → $138M (-$13.8M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.62M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$951K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$774K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$698K |
| 5 |
BlackRock
New York
|
+$522K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$2.73M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$1.03M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$799K |
| 4 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$584K |
| 5 |
MCM
Maltese Capital Management
New York
|
-$453K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | +$832 | +33 | New |
|
|
NA
52
NewEdge Advisors
New Orleans,
Louisiana
| $671 | +$698K | +27,700 | New |
|
|
EVC
53
Eidelman Virant Capital
Saint Louis,
Missouri
| – | -$584K | -22,000 | Closed |
|
54
Two Sigma Investments
New York
| – | -$229K | -8,640 | Closed |
|
|
SI
55
Stephens Inc
Little Rock,
Arkansas
| – | -$226K | -8,503 | Closed |
|
|
EM
56
ELCO Management
New York
| – | -$214K | -8,077 | Closed |
|
|
MCA
57
Mendon Capital Advisors
Key Largo,
Florida
| – | -$214K | -8,077 | Closed |
|
58
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$9K | -342 | Closed |
|
BFST Hedge Fund Activity: Q4 2018 in Review
52 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q4 2018, worth a combined $138M — down 9.1% from $152M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BFST and 4 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 21 added.
The largest buyer was Curi RMB Capital, adding an estimated $1.62M. The largest seller was Endeavour Capital Advisors, cutting an estimated $2.73M.
- 52 institutional investors held Business First Bancshares (BFST) as of Q4 2018, down from 54 in Q3 2018.
- Funds reported $138M of Business First Bancshares stock for Q4 2018, down 9.1% quarter-over-quarter.
- 4 funds opened new Business First Bancshares positions in Q4 2018 and 6 closed out, a net change of -2 holders.
- The largest Business First Bancshares buyer in Q4 2018 was Curi RMB Capital, an estimated $1.62M added.
- The largest Business First Bancshares seller in Q4 2018 was Endeavour Capital Advisors, an estimated $2.73M sold.
Based on aggregated 13F filings for Q4 2018.