Business First Bancshares
BFST
112 hedge funds and large institutions have $263M invested in Business First Bancshares in 2024 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 45 increasing their positions, 31 reducing their positions, and 15 closing their positions.
346% more call options, than puts
Call options by funds: $58K | Put options by funds: $13K
45% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 31
20% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 15
1.25% more ownership
Funds ownership: 45.9% → 47.15% (+1.3%)
1% more funds holding
Funds holding: 111 → 112 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $269M → $263M (-$5.97M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$7.2M |
| 2 |
BlackRock
New York
|
+$1.77M |
| 3 |
Millennium Management
New York
|
+$1.56M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$1.43M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$2.32M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.76M |
| 3 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
-$928K |
| 4 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$668K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$626K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Comerica Bank
Dallas,
Texas
| – | -$2.01K | -90 | Closed |
|
|
AWM
127
Avior Wealth Management
Omaha,
Nebraska
| – | -$133 | -6 | Closed |
|
BFST Hedge Fund Activity: Q2 2024 in Review
112 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q2 2024, worth a combined $263M — down 2.2% from $269M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BFST positions and 15 closed out — a net gain of 3 holders — while 45 added to existing stakes and 31 trimmed.
The largest buyer was Mendon Capital Advisors, adding an estimated $7.2M. The largest seller was Stieven Capital Advisors, cutting an estimated $2.32M.
- 112 institutional investors held Business First Bancshares (BFST) as of Q2 2024, up from 111 in Q1 2024.
- Funds reported $263M of Business First Bancshares stock for Q2 2024, down 2.2% quarter-over-quarter.
- 18 funds opened new Business First Bancshares positions in Q2 2024 and 15 closed out, a net change of +3 holders.
- The largest Business First Bancshares buyer in Q2 2024 was Mendon Capital Advisors, an estimated $7.2M added.
- The largest Business First Bancshares seller in Q2 2024 was Stieven Capital Advisors, an estimated $2.32M sold.
Based on aggregated 13F filings for Q2 2024.