We are live on ! Find out more
BFST icon

Business First Bancshares
BFST

156 hedge funds and large institutions have $356M invested in Business First Bancshares in 2025 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 57 increasing their positions, 44 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

91% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 11

30% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 44

7% more funds holding

Funds holding: 146 → 156 (+10)

0.86% more ownership

Funds ownership: 50.12% → 50.98% (+0.86%)

3% less capital invested

Capital invested by funds: $366M → $356M (-$9.92M)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
156
Holders Change
+10
Holders Change %
+6.85%
% of All Funds
2.05%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
21
Increased
57
Reduced
44
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FL
Fourthstone LLC
Missouri
+$3.2M
2
RA
Royce & Associates
New York
+$2.39M
3
First Trust Advisors
First Trust Advisors
Illinois
+$2.2M
4
American Century Companies
American Century Companies
Missouri
+$2.02M
5
CP
CenterBook Partners
Connecticut
+$1.13M

Top Sellers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
-$4.79M
2
BFC
Banc Funds Company
Illinois
-$1.93M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$942K
4
KAS
Kestra Advisory Services
Texas
-$939K
5
UBS AM
UBS AM
Illinois
-$854K
Name Holding Trade Value Shares
Change 		Change in
Stake
MWP
51
Meriwether Wealth & Planning
Louisiana
$887K -$4.92K -199 -0.5%
Man Group
52
Man Group
United Kingdom
$877K +$919K +37,129 New
Bank of America
53
Bank of America
North Carolina
$844K -$316K -12,784 -26%
PP
54
Prospector Partners
Connecticut
$841K +$361K +14,600 +70%
Jacobs Levy Equity Management
55
Jacobs Levy Equity Management
New Jersey
$811K +$39.7K +1,606 +5%
Creative Planning
56
Creative Planning
Kansas
$805K +$184K +7,437 +28%
MAM
57
Martingale Asset Management
Massachusetts
$776K – – –
Renaissance Technologies
58
Renaissance Technologies
New York
$751K +$52K +2,100 +7%
Los Angeles Capital Management
59
Los Angeles Capital Management
California
$730K -$187K -7,564 -20%
Legal & General Group
60
Legal & General Group
United Kingdom
$703K -$23.6K -955 -3%
UBS AM
61
UBS AM
Illinois
$701K -$854K -34,507 -54%
Canada Life
62
Canada Life
Manitoba, Canada
$676K – – –
HTWM
63
Hartmann Taylor Wealth Management
Texas
$673K – – –
EFG
64
Ethos Financial Group
Pennsylvania
$652K – – –
California State Teachers Retirement System (CalSTRS)
65
California State Teachers Retirement System (CalSTRS)
California
$652K -$113K -4,560 -14%
Two Sigma Advisers
66
Two Sigma Advisers
New York
$640K +$56.9K +2,300 +9%
SG Americas Securities
67
SG Americas Securities
New York
$610K +$639K +25,832 New
Pathstone Holdings
68
Pathstone Holdings
New Jersey
$600K -$628K -25,395 -50%
PCM
69
Penn Capital Management
Pennsylvania
$595K +$102K +4,111 +20%
Deutsche Bank
70
Deutsche Bank
Germany
$533K +$111K +4,476 +25%
Wells Fargo
71
Wells Fargo
California
$520K +$88.1K +3,561 +19%
Verition Fund Management
72
Verition Fund Management
Connecticut
$515K +$540K +21,829 New
Marshall Wace
73
Marshall Wace
United Kingdom
$491K -$251K -10,140 -33%
SWP
74
Stratos Wealth Partners
Ohio
$475K – – –
KPP
75
Kings Path Partners
Texas
$467K – – –
1 2
3
4 5

BFST Hedge Fund Activity: Q3 2025 in Review

156 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q3 2025, worth a combined $356M — down 2.7% from $366M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new BFST positions and 11 closed out — a net gain of 10 holders — while 57 added to existing stakes and 44 trimmed.

The largest buyer was Fourthstone LLC, adding an estimated $3.2M. The largest seller was Millennium Management, cutting an estimated $4.79M.

  • 156 institutional investors held Business First Bancshares (BFST) as of Q3 2025, up from 146 in Q2 2025.
  • Funds reported $356M of Business First Bancshares stock for Q3 2025, down 2.7% quarter-over-quarter.
  • 21 funds opened new Business First Bancshares positions in Q3 2025 and 11 closed out, a net change of +10 holders.
  • The largest Business First Bancshares buyer in Q3 2025 was Fourthstone LLC, an estimated $3.2M added.
  • The largest Business First Bancshares seller in Q3 2025 was Millennium Management, an estimated $4.79M sold.

Based on aggregated 13F filings for Q3 2025.