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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$3.2M |
| 2 |
RA
Royce & Associates
New York
|
+$2.39M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$2.02M |
| 5 |
CP
CenterBook Partners
Greenwich,
Connecticut
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.79M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.93M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$942K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$939K |
| 5 |
UBS AM
Chicago,
Illinois
|
-$854K |
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.