Business First Bancshares
BFST
109 hedge funds and large institutions have $205M invested in Business First Bancshares in 2023 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 42 increasing their positions, 25 reducing their positions, and 3 closing their positions.
467% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 3
68% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 25
27% more capital invested
Capital invested by funds: $162M → $205M (+$43.1M)
14% more funds holding
Funds holding: 96 → 109 (+13)
0.72% more ownership
Funds ownership: 42.46% → 43.17% (+0.72%)
17% less call options, than puts
Call options by funds: $53K | Put options by funds: $64K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$5.31M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$1.89M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.15M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.11M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$839K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.86M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.51M |
| 3 |
JP Morgan Chase
New York
|
-$2.88M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.68M |
| 5 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$625K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $5K | +$2.04K | +109 | +64% |
|
|
CAL
102
Capital Advisors Ltd
Shaker Heights,
Ohio
| $3K | – | – | – |
|
|
EWA
103
EverSource Wealth Advisors
Birmingham,
Alabama
| $2.74K | – | – | – |
|
|
C
104
Covestor
London,
United Kingdom
| $2K | +$243 | +13 | +13% |
|
105
Comerica Bank
Dallas,
Texas
| $1.69K | +$1.68K | +90 | New |
|
|
GI
106
Gradient Investments
Arden Hills,
Minnesota
| $1.48K | – | – | – |
|
|
S
107
SignatureFD
Atlanta,
Georgia
| $1.37K | +$1.04K | +56 | +329% |
|
108
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $732 | – | – | – |
|
109
Nisa Investment Advisors
St. Louis,
Missouri
| $375 | +$187 | +10 | +100% |
|
|
CIC
110
Cornercap Investment Counsel
Atlanta,
Georgia
| – | -$387K | -25,693 | Closed |
|
|
SFC
111
Strategic Financial Concepts
San Antonio,
Texas
| – | -$162K | -10,726 | Closed |
|
|
IA
112
IFP Advisors
Tampa,
Florida
| – | -$437 | -29 | Closed |
|
BFST Hedge Fund Activity: Q3 2023 in Review
109 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q3 2023, worth a combined $205M — up 27% from $162M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BFST positions and 3 closed out — a net gain of 14 holders — while 42 added to existing stakes and 25 trimmed.
The largest buyer was Stieven Capital Advisors, opening a new position worth an estimated $5.31M. The largest seller was BlackRock, cutting an estimated $3.86M.
- 109 institutional investors held Business First Bancshares (BFST) as of Q3 2023, up from 96 in Q2 2023.
- Funds reported $205M of Business First Bancshares stock for Q3 2023, up 27% quarter-over-quarter.
- 17 funds opened new Business First Bancshares positions in Q3 2023 and 3 closed out, a net change of +14 holders.
- The largest Business First Bancshares buyer in Q3 2023 was Stieven Capital Advisors, an estimated $5.31M added.
- The largest Business First Bancshares seller in Q3 2023 was BlackRock, an estimated $3.86M sold.
Based on aggregated 13F filings for Q3 2023.