Business First Bancshares
BFST
46 hedge funds and large institutions have $142M invested in Business First Bancshares in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 7 closing their positions.
2% more capital invested
Capital invested by funds: $138M → $142M (+$3.38M)
0.13% less ownership
Funds ownership: 43.45% → 43.32% (-0.13%)
12% less funds holding
Funds holding: 52 → 46 (-6)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.59M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.93M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
+$1.13M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$510K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$460K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$2.44M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$1.66M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$954K |
| 4 |
Morgan Stanley
New York
|
-$775K |
| 5 |
JAM
Jacobs Asset Management
New York
|
-$636K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
51
Panagora Asset Management
Boston,
Massachusetts
| – | -$125K | -5,156 | Closed |
|
|
DAM
52
Delta Asset Management
Memphis,
Tennessee
| – | -$55K | -2,250 | Closed |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$4K | -162 | Closed |
|
BFST Hedge Fund Activity: Q1 2019 in Review
46 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q1 2019, worth a combined $142M — up 2.4% from $138M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BFST and 1 opened new positions — a net loss of 6 holders — while 17 trimmed existing stakes and 15 added.
The largest buyer was Vanguard Group, adding an estimated $2.59M. The largest seller was Stieven Capital Advisors, exiting entirely with an estimated $2.44M sold.
- 46 institutional investors held Business First Bancshares (BFST) as of Q1 2019, down from 52 in Q4 2018.
- Funds reported $142M of Business First Bancshares stock for Q1 2019, up 2.4% quarter-over-quarter.
- 1 fund opened new Business First Bancshares positions in Q1 2019 and 7 closed out, a net change of -6 holders.
- The largest Business First Bancshares buyer in Q1 2019 was Vanguard Group, an estimated $2.59M added.
- The largest Business First Bancshares seller in Q1 2019 was Stieven Capital Advisors, an estimated $2.44M sold.
Based on aggregated 13F filings for Q1 2019.