Business First Bancshares
BFST
45 hedge funds and large institutions have $150M invested in Business First Bancshares in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 7 reducing their positions, and 4 closing their positions.
214% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 7
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
5% more capital invested
Capital invested by funds: $142M → $150M (+$7.78M)
0.6% more ownership
Funds ownership: 43.4% → 44% (+0.6%)
2% less funds holding
Funds holding: 46 → 45 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.82M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$1.11M |
| 3 |
State Street
Boston,
Massachusetts
|
+$882K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$661K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$494K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$1.17M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$1.16M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$614K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$469K |
| 5 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
-$266K |
BFST Hedge Fund Activity: Q2 2019 in Review
45 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q2 2019, worth a combined $150M — up 5.5% from $142M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BFST positions and 4 closed out — a net gain of 1 holder — while 22 added to existing stakes and 7 trimmed.
The largest buyer was BlackRock, adding an estimated $2.82M. The largest seller was EJF Capital, cutting an estimated $1.17M.
- 45 institutional investors held Business First Bancshares (BFST) as of Q2 2019, down from 46 in Q1 2019.
- Funds reported $150M of Business First Bancshares stock for Q2 2019, up 5.5% quarter-over-quarter.
- 5 funds opened new Business First Bancshares positions in Q2 2019 and 4 closed out, a net change of +1 holder.
- The largest Business First Bancshares buyer in Q2 2019 was BlackRock, an estimated $2.82M added.
- The largest Business First Bancshares seller in Q2 2019 was EJF Capital, an estimated $1.17M sold.
Based on aggregated 13F filings for Q2 2019.