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Business First Bancshares

52 hedge funds and large institutions have $87.7M invested in Business First Bancshares in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 15

1.63% more ownership

Funds ownership: 26.64%28.27% (+1.6%)

4% more capital invested

Capital invested by funds: $84.2M → $87.7M (+$3.54M)

10% less funds holding

Funds holding: 5852 (-6)

60% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 10

Holders
52
Holders Change
-6
Holders Change %
-10.34%
% of All Funds
1.05%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
23
Reduced
15
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$14.4M +$3.73M +261,267 +37%
Vanguard Group
2
Vanguard Group
Pennsylvania
$12.3M +$275K +19,239 +2%
EC
3
EJF Capital
Virginia
$8.55M
BFC
4
Banc Funds Company
Illinois
$7.79M
JAM
5
Jacobs Asset Management
New York
$7.22M -$188K -13,150 -3%
ECA
6
Endeavour Capital Advisors
Connecticut
$6.3M
Manulife (Manufacturers Life Insurance)
7
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.99M -$38.7K -2,707 -1%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$3.89M +$699K +48,944 +23%
State Street
9
State Street
Massachusetts
$3.54M +$289K +20,201 +9%
Northern Trust
10
Northern Trust
Illinois
$3.1M +$639K +44,723 +28%
JP Morgan Chase
11
JP Morgan Chase
New York
$1.6M -$214K -14,957 -12%
LPL Financial
12
LPL Financial
California
$1.45M +$234K +16,361 +20%
BCM
13
Bridgeway Capital Management
Texas
$1.43M
N
14
Nuveen
North Carolina
$1.14M +$379K +26,569 +54%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$1.12M +$83.9K +5,877 +9%
MCA
16
Mendon Capital Advisors
Florida
$1.06M +$552K +38,662 +121%
Charles Schwab
17
Charles Schwab
California
$747K +$194K +13,581 +38%
WCM
18
Wedge Capital Management
North Carolina
$669K
California Public Employees Retirement System
19
California Public Employees Retirement System
California
$656K +$241K +16,843 +63%
AIP
20
Almanack Investment Partners
Pennsylvania
$541K -$114 -8 -0%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$531K +$57.2K +4,005 +13%
Wells Fargo
22
Wells Fargo
California
$491K -$53.3K -3,730 -10%
California State Teachers Retirement System (CalSTRS)
23
California State Teachers Retirement System (CalSTRS)
California
$438K +$139K +9,754 +50%
Russell Investments Group
24
Russell Investments Group
United Kingdom
$433K -$35.1K -2,457 -8%
AllianceBernstein
25
AllianceBernstein
Tennessee
$393K -$561K -39,244 -60%

BFST Hedge Fund Activity: Q3 2020 in Review

52 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q3 2020, worth a combined $87.7M — up 4.2% from $84.2M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of BFST and 4 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 23 added.

The largest buyer was BlackRock, adding an estimated $3.73M. The largest seller was Winton Group, exiting entirely with an estimated $866K sold.

  • 52 institutional investors held Business First Bancshares (BFST) as of Q3 2020, down from 58 in Q2 2020.
  • Funds reported $87.7M of Business First Bancshares stock for Q3 2020, up 4.2% quarter-over-quarter.
  • 4 funds opened new Business First Bancshares positions in Q3 2020 and 10 closed out, a net change of -6 holders.
  • The largest Business First Bancshares buyer in Q3 2020 was BlackRock, an estimated $3.73M added.
  • The largest Business First Bancshares seller in Q3 2020 was Winton Group, an estimated $866K sold.

Based on aggregated 13F filings for Q3 2020.