Business First Bancshares
BFST
59 hedge funds and large institutions have $150M invested in Business First Bancshares in 2021 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
65% more capital inflows, than outflows
Capital inflows: $13.3M | Capital outflows: $8.05M
16% more funds holding
Funds holding: 51 → 59 (+8)
1.08% more ownership
Funds ownership: 29.24% → 30.33% (+1.1%)
11% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$5.77M |
| 2 |
BlackRock
New York
|
+$1.75M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$826K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$520K |
| 5 |
HRT Financial
New York
|
+$479K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Banc Funds Company
Chicago,
Illinois
|
-$2.63M |
| 2 |
Jacobs Asset Management
New York
|
-$1.74M |
| 3 |
NewEdge Advisors
New Orleans,
Louisiana
|
-$748K |
| 4 |
Kestra Advisory Services
Austin,
Texas
|
-$601K |
| 5 |
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$588K |
BFST Hedge Fund Activity: Q1 2021 in Review
59 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q1 2021, worth a combined $150M — up 22% from $123M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BFST positions and 2 closed out — a net gain of 8 holders — while 17 added to existing stakes and 19 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $5.77M. The largest seller was Banc Funds Company, cutting an estimated $2.63M.
- 59 institutional investors held Business First Bancshares (BFST) as of Q1 2021, up from 51 in Q4 2020.
- Funds reported $150M of Business First Bancshares stock for Q1 2021, up 22% quarter-over-quarter.
- 10 funds opened new Business First Bancshares positions in Q1 2021 and 2 closed out, a net change of +8 holders.
- The largest Business First Bancshares buyer in Q1 2021 was Manulife (Manufacturers Life Insurance), an estimated $5.77M added.
- The largest Business First Bancshares seller in Q1 2021 was Banc Funds Company, an estimated $2.63M sold.
Based on aggregated 13F filings for Q1 2021.