Business First Bancshares
BFST
51 hedge funds and large institutions have $123M invested in Business First Bancshares in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 7 closing their positions.
40% more capital invested
Capital invested by funds: $87.7M → $123M (+$35.4M)
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
0.98% more ownership
Funds ownership: 28.27% → 29.24% (+0.98%)
2% less funds holding
Funds holding: 52 → 51 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.06M |
| 2 |
State Street
Boston,
Massachusetts
|
+$1.17M |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$1.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.02M |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$837K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$3.47M |
| 2 |
JAM
Jacobs Asset Management
New York
|
-$1.86M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.04M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$669K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$393K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
51
American International Group
New York
| $228 | -$5.95K | -322 | -3% |
|
|
WCM
52
Wedge Capital Management
Charlotte,
North Carolina
| – | -$669K | -44,628 | Closed |
|
|
53
AllianceBernstein
Nashville,
Tennessee
| – | -$393K | -26,178 | Closed |
|
|
MAM
54
Martingale Asset Management
Boston,
Massachusetts
| – | -$289K | -19,209 | Closed |
|
55
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$267K | -17,806 | Closed |
|
|
FMP
56
Financial Management Professionals
Austin,
Texas
| – | -$213K | -14,171 | Closed |
|
|
BCM
57
BHZ Capital Management
San Jose,
California
| – | -$155K | -10,326 | Closed |
|
|
LP
58
LMR Partners
London,
United Kingdom
| – | -$151K | -10,044 | Closed |
|
BFST Hedge Fund Activity: Q4 2020 in Review
51 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q4 2020, worth a combined $123M — up 40% from $87.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BFST and 6 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 19 added.
The largest buyer was BlackRock, adding an estimated $2.06M. The largest seller was Endeavour Capital Advisors, cutting an estimated $3.47M.
- 51 institutional investors held Business First Bancshares (BFST) as of Q4 2020, down from 52 in Q3 2020.
- Funds reported $123M of Business First Bancshares stock for Q4 2020, up 40% quarter-over-quarter.
- 6 funds opened new Business First Bancshares positions in Q4 2020 and 7 closed out, a net change of -1 holder.
- The largest Business First Bancshares buyer in Q4 2020 was BlackRock, an estimated $2.06M added.
- The largest Business First Bancshares seller in Q4 2020 was Endeavour Capital Advisors, an estimated $3.47M sold.
Based on aggregated 13F filings for Q4 2020.