Business First Bancshares
BFST
111 hedge funds and large institutions have $269M invested in Business First Bancshares in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 33 increasing their positions, 42 reducing their positions, and 9 closing their positions.
223% more call options, than puts
Call options by funds: $42K | Put options by funds: $13K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.84% less ownership
Funds ownership: 47.73% → 45.9% (-1.8%)
6% less funds holding
Funds holding: 118 → 111 (-7)
10% less capital invested
Capital invested by funds: $298M → $269M (-$29.6M)
21% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 42
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$2.8M |
| 2 |
JP Morgan Chase
New York
|
+$2.7M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$1.75M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.29M |
| 5 |
RA
Royce & Associates
New York
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$9.4M |
| 2 |
Morgan Stanley
New York
|
-$2.29M |
| 3 |
BlackRock
New York
|
-$1.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$917K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$816K |
BFST Hedge Fund Activity: Q1 2024 in Review
111 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q1 2024, worth a combined $269M — down 9.9% from $298M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BFST and 3 opened new positions — a net loss of 6 holders — while 42 trimmed existing stakes and 33 added.
The largest buyer was Franklin Resources, adding an estimated $2.8M. The largest seller was Mendon Capital Advisors, cutting an estimated $9.4M.
- 111 institutional investors held Business First Bancshares (BFST) as of Q1 2024, down from 118 in Q4 2023.
- Funds reported $269M of Business First Bancshares stock for Q1 2024, down 9.9% quarter-over-quarter.
- 3 funds opened new Business First Bancshares positions in Q1 2024 and 9 closed out, a net change of -6 holders.
- The largest Business First Bancshares buyer in Q1 2024 was Franklin Resources, an estimated $2.8M added.
- The largest Business First Bancshares seller in Q1 2024 was Mendon Capital Advisors, an estimated $9.4M sold.
Based on aggregated 13F filings for Q1 2024.