Business First Bancshares
BFST
148 hedge funds and large institutions have $348M invested in Business First Bancshares in 2025 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 45 increasing their positions, 48 reducing their positions, and 12 closing their positions.
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
4% more funds holding
Funds holding: 142 → 148 (+6)
1.78% more ownership
Funds ownership: 46.56% → 48.35% (+1.8%)
2% less capital invested
Capital invested by funds: $353M → $348M (-$5.41M)
6% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 48
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.86M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$3.77M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$2.79M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.45M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.87M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.81M |
| 3 |
BlackRock
New York
|
-$1.72M |
| 4 |
Goldman Sachs
New York
|
-$1.44M |
| 5 |
JP Morgan Chase
New York
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
HSBC Holdings
London,
United Kingdom
| – | -$786K | -30,597 | Closed |
|
152
Citadel Advisors
Miami,
Florida
| – | -$584K | -22,719 | Closed |
|
153
Teacher Retirement System of Texas
Austin,
Texas
| – | -$537K | -20,900 | Closed |
|
|
DTL
154
Dynamic Technology Lab
Singapore
| – | -$357K | -13,908 | Closed |
|
|
AA
155
Argent Advisors
Monroe,
Louisiana
| – | -$333K | -12,949 | Closed |
|
|
CIC
156
Cornercap Investment Counsel
Atlanta,
Georgia
| – | -$273K | -10,639 | Closed |
|
157
Tudor Investment Corp
Stamford,
Connecticut
| – | -$271K | -10,562 | Closed |
|
|
BF
158
BOK Financial
Tulsa,
Oklahoma
| – | -$232K | -9,928 | Closed |
|
|
EC
159
EntryPoint Capital
New York
| – | -$245K | -9,525 | Closed |
|
160
VOYA Investment Management
Atlanta,
Georgia
| – | -$224K | -8,710 | Closed |
|
|
VIA
161
Virtus Investment Advisers
Hartford,
Connecticut
| – | -$129K | -5,000 | Closed |
|
BFST Hedge Fund Activity: Q1 2025 in Review
148 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q1 2025, worth a combined $348M — down 1.5% from $353M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BFST positions and 12 closed out — a net gain of 7 holders — while 45 added to existing stakes and 48 trimmed.
The largest buyer was Millennium Management, adding an estimated $3.86M. The largest seller was Kennedy Capital Management, cutting an estimated $3.87M.
- 148 institutional investors held Business First Bancshares (BFST) as of Q1 2025, up from 142 in Q4 2024.
- Funds reported $348M of Business First Bancshares stock for Q1 2025, down 1.5% quarter-over-quarter.
- 19 funds opened new Business First Bancshares positions in Q1 2025 and 12 closed out, a net change of +7 holders.
- The largest Business First Bancshares buyer in Q1 2025 was Millennium Management, an estimated $3.86M added.
- The largest Business First Bancshares seller in Q1 2025 was Kennedy Capital Management, an estimated $3.87M sold.
Based on aggregated 13F filings for Q1 2025.