Business First Bancshares
BFST
52 hedge funds and large institutions have $87.7M invested in Business First Bancshares in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 10 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 15
1.63% more ownership
Funds ownership: 26.64% → 28.27% (+1.6%)
4% more capital invested
Capital invested by funds: $84.2M → $87.7M (+$3.54M)
10% less funds holding
Funds holding: 58 → 52 (-6)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.73M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$699K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$639K |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$552K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$379K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WG
Winton Group
London,
United Kingdom
|
-$866K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$697K |
| 3 |
Goldman Sachs
New York
|
-$562K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$561K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$319K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Montreal
Toronto,
Ontario, Canada
| $14K | -$1.16K | -81 | -8% |
|
52
UBS Group
Zurich,
Switzerland
| $11K | -$46.2K | -3,236 | -82% |
|
|
WG
53
Winton Group
London,
United Kingdom
| – | -$866K | -56,396 | Closed |
|
|
54
First Trust Advisors
Wheaton,
Illinois
| – | -$697K | -45,406 | Closed |
|
|
55
Goldman Sachs
New York
| – | -$562K | -36,624 | Closed |
|
|
RJFSA
56
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$319K | -20,776 | Closed |
|
|
TI
57
tru Independence
Portland,
Oregon
| – | -$216 | -14,127 | Closed |
|
58
Millennium Management
New York
| – | -$170K | -11,046 | Closed |
|
59
SG Americas Securities
New York
| – | -$102K | -6,615 | Closed |
|
|
SO
60
STRS Ohio
Columbus,
Ohio
| – | -$36K | -2,400 | Closed |
|
61
New York State Teachers Retirement System (NYSTRS)
Albany,
New York
| – | -$17K | -1,100 | Closed |
|
62
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$1K | -84 | Closed |
|
BFST Hedge Fund Activity: Q3 2020 in Review
52 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q3 2020, worth a combined $87.7M — up 4.2% from $84.2M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BFST and 4 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 23 added.
The largest buyer was BlackRock, adding an estimated $3.73M. The largest seller was Winton Group, exiting entirely with an estimated $866K sold.
- 52 institutional investors held Business First Bancshares (BFST) as of Q3 2020, down from 58 in Q2 2020.
- Funds reported $87.7M of Business First Bancshares stock for Q3 2020, up 4.2% quarter-over-quarter.
- 4 funds opened new Business First Bancshares positions in Q3 2020 and 10 closed out, a net change of -6 holders.
- The largest Business First Bancshares buyer in Q3 2020 was BlackRock, an estimated $3.73M added.
- The largest Business First Bancshares seller in Q3 2020 was Winton Group, an estimated $866K sold.
Based on aggregated 13F filings for Q3 2020.