Business First Bancshares
BFST
99 hedge funds and large institutions have $181M invested in Business First Bancshares in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 23 reducing their positions, and 15 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 23
20% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 15
2% more funds holding
Funds holding: 97 → 99 (+2)
0.44% more ownership
Funds ownership: 41.75% → 42.2% (+0.44%)
20% less capital invested
Capital invested by funds: $226M → $181M (-$44.3M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $110K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$11.3M |
| 2 |
RA
Royce & Associates
New York
|
+$2.39M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.24M |
| 4 |
JP Morgan Chase
New York
|
+$2M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$17.4M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
-$8.59M |
| 3 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$1.81M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.02M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$301K |
BFST Hedge Fund Activity: Q1 2023 in Review
99 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q1 2023, worth a combined $181M — down 20% from $226M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BFST positions and 15 closed out — a net gain of 3 holders — while 41 added to existing stakes and 23 trimmed.
The largest buyer was BlackRock, adding an estimated $11.3M. The largest seller was Wellington Management Group, exiting entirely with an estimated $17.4M sold.
- 99 institutional investors held Business First Bancshares (BFST) as of Q1 2023, up from 97 in Q4 2022.
- Funds reported $181M of Business First Bancshares stock for Q1 2023, down 20% quarter-over-quarter.
- 18 funds opened new Business First Bancshares positions in Q1 2023 and 15 closed out, a net change of +3 holders.
- The largest Business First Bancshares buyer in Q1 2023 was BlackRock, an estimated $11.3M added.
- The largest Business First Bancshares seller in Q1 2023 was Wellington Management Group, an estimated $17.4M sold.
Based on aggregated 13F filings for Q1 2023.