Business First Bancshares
BFST
59 hedge funds and large institutions have $150M invested in Business First Bancshares in 2021 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
22% more capital invested
Capital invested by funds: $123M → $150M (+$26.7M)
16% more funds holding
Funds holding: 51 → 59 (+8)
1.08% more ownership
Funds ownership: 29.24% → 30.33% (+1.1%)
11% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$5.77M |
| 2 |
BlackRock
New York
|
+$1.75M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$826K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$520K |
| 5 |
HF
HRT Financial
New York
|
+$479K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.63M |
| 2 |
JAM
Jacobs Asset Management
New York
|
-$1.74M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$748K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$601K |
| 5 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$588K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
51
Ameritas Investment Partners
Lincoln,
Nebraska
| $40K | – | – | – |
|
52
Legal & General Group
London,
United Kingdom
| $38K | – | – | – |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| $33K | +$7.12K | +320 | +29% |
|
54
Citigroup
New York
| $31K | -$51.4K | -2,309 | -64% |
|
55
Bank of Montreal
Toronto,
Ontario, Canada
| $14K | -$54.3K | -2,437 | -80% |
|
56
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $7K | +$6.14K | +276 | New |
|
57
Morgan Stanley
New York
| $2K | -$316K | -14,204 | -99% |
|
|
AIG
58
American International Group
New York
| $269 | +$668 | +30 | +0.3% |
|
59
Nisa Investment Advisors
St. Louis,
Missouri
| $36 | – | – | – |
|
|
NA
60
NewEdge Advisors
New Orleans,
Louisiana
| – | -$748K | -36,769 | Closed |
|
|
KAS
61
Kestra Advisory Services
Austin,
Texas
| – | -$601K | -29,082 | Closed |
|
BFST Hedge Fund Activity: Q1 2021 in Review
59 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q1 2021, worth a combined $150M — up 22% from $123M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BFST positions and 2 closed out — a net gain of 8 holders — while 17 added to existing stakes and 19 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $5.77M. The largest seller was Banc Funds Company, cutting an estimated $2.63M.
- 59 institutional investors held Business First Bancshares (BFST) as of Q1 2021, up from 51 in Q4 2020.
- Funds reported $150M of Business First Bancshares stock for Q1 2021, up 22% quarter-over-quarter.
- 10 funds opened new Business First Bancshares positions in Q1 2021 and 2 closed out, a net change of +8 holders.
- The largest Business First Bancshares buyer in Q1 2021 was Manulife (Manufacturers Life Insurance), an estimated $5.77M added.
- The largest Business First Bancshares seller in Q1 2021 was Banc Funds Company, an estimated $2.63M sold.
Based on aggregated 13F filings for Q1 2021.