Business First Bancshares
BFST
164 hedge funds and large institutions have $400M invested in Business First Bancshares in 2025 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 54 increasing their positions, 53 reducing their positions, and 12 closing their positions.
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
12% more capital invested
Capital invested by funds: $356M → $400M (+$44.1M)
5% more funds holding
Funds holding: 156 → 164 (+8)
2% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 53
0.75% more ownership
Funds ownership: 50.98% → 51.73% (+0.75%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $170K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$4.43M |
| 2 |
Goldman Sachs
New York
|
+$1.76M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.51M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.44M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.99M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$1.03M |
| 3 |
JP Morgan Chase
New York
|
-$977K |
| 4 |
RSWM
Robertson Stephens Wealth Management
San Francisco,
California
|
-$951K |
| 5 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$841K |
BFST Hedge Fund Activity: Q4 2025 in Review
164 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q4 2025, worth a combined $400M — up 12% from $356M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BFST positions and 12 closed out — a net gain of 10 holders — while 54 added to existing stakes and 53 trimmed.
The largest buyer was Royce & Associates, adding an estimated $4.43M. The largest seller was Banc Funds Company, cutting an estimated $1.99M.
- 164 institutional investors held Business First Bancshares (BFST) as of Q4 2025, up from 156 in Q3 2025.
- Funds reported $400M of Business First Bancshares stock for Q4 2025, up 12% quarter-over-quarter.
- 22 funds opened new Business First Bancshares positions in Q4 2025 and 12 closed out, a net change of +10 holders.
- The largest Business First Bancshares buyer in Q4 2025 was Royce & Associates, an estimated $4.43M added.
- The largest Business First Bancshares seller in Q4 2025 was Banc Funds Company, an estimated $1.99M sold.
Based on aggregated 13F filings for Q4 2025.