Business First Bancshares
BFST
97 hedge funds and large institutions have $226M invested in Business First Bancshares in 2022 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 38 increasing their positions, 18 reducing their positions, and 8 closing their positions.
188% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 8
111% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 18
35% more capital invested
Capital invested by funds: $167M → $226M (+$58.6M)
18% more funds holding
Funds holding: 82 → 97 (+15)
7.37% more ownership
Funds ownership: 34.38% → 41.75% (+7.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$18.1M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$6.88M |
| 3 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$5.82M |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$5.74M |
| 5 |
BlackRock
New York
|
+$5.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$8.16M |
| 2 |
RHCA
Rosenthal Henry Capital Advisors
Mishawaka,
Indiana
|
-$1.16M |
| 3 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$993K |
| 4 |
SAM
Silvercrest Asset Management
New York
|
-$736K |
| 5 |
MFIM
Mesirow Financial Investment Management
Chicago,
Illinois
|
-$344K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
101
Martingale Asset Management
Boston,
Massachusetts
| – | -$216K | -10,001 | Closed |
|
|
AIMCA
102
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$203K | -9,438 | Closed |
|
|
DFCM
103
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$117K | -5,427 | Closed |
|
|
AF
104
Allworth Financial
Folsom,
California
| – | -$33K | -1,510 | Closed |
|
105
Wells Fargo
San Francisco,
California
| – | -$1K | -53 | Closed |
|
BFST Hedge Fund Activity: Q4 2022 in Review
97 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q4 2022, worth a combined $226M — up 35% from $167M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BFST positions and 8 closed out — a net gain of 15 holders — while 38 added to existing stakes and 18 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $18.1M. The largest seller was EJF Capital, exiting entirely with an estimated $8.16M sold.
- 97 institutional investors held Business First Bancshares (BFST) as of Q4 2022, up from 82 in Q3 2022.
- Funds reported $226M of Business First Bancshares stock for Q4 2022, up 35% quarter-over-quarter.
- 23 funds opened new Business First Bancshares positions in Q4 2022 and 8 closed out, a net change of +15 holders.
- The largest Business First Bancshares buyer in Q4 2022 was Wellington Management Group, an estimated $18.1M added.
- The largest Business First Bancshares seller in Q4 2022 was EJF Capital, an estimated $8.16M sold.
Based on aggregated 13F filings for Q4 2022.