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Business First Bancshares

97 hedge funds and large institutions have $226M invested in Business First Bancshares in 2022 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 38 increasing their positions, 18 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

188% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 8

111% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 18

35% more capital invested

Capital invested by funds: $167M → $226M (+$58.6M)

18% more funds holding

Funds holding: 8297 (+15)

7.37% more ownership

Funds ownership: 34.38%41.75% (+7.4%)

Holders
97
Holders Change
+15
Holders Change %
+18.29%
% of All Funds
1.56%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
23
Increased
38
Reduced
18
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$33.3M +$5.64M +246,050 +20%
Vanguard Group
2
Vanguard Group
Pennsylvania
$27.3M +$4.53M +197,333 +19%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$17.4M +$18.1M +788,131 New
Manulife (Manufacturers Life Insurance)
4
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$15.3M +$1.3M +56,724 +9%
CRC
5
Curi RMB Capital
Illinois
$11.1M +$6.88M +300,000 +150%
BFC
6
Banc Funds Company
Illinois
$10.6M +$5.74M +250,000 +110%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$9.77M +$1.77M +77,289 +21%
State Street
8
State Street
Massachusetts
$9.21M +$995K +43,384 +12%
SAM
9
Silvercrest Asset Management
New York
$8.59M -$736K -32,098 -8%
JP Morgan Chase
10
JP Morgan Chase
New York
$5.9M +$195K +8,500 +3%
KCM
11
Kennedy Capital Management
Missouri
$5.68M +$111K +4,853 +2%
RIM
12
Ranger Investment Management
Texas
$5.62M +$5.82M +253,640 New
AllianceBernstein
13
AllianceBernstein
Tennessee
$4.76M +$4.93M +215,100 New
Northern Trust
14
Northern Trust
Illinois
$4.66M +$706K +30,754 +17%
Russell Investments Group
15
Russell Investments Group
United Kingdom
$3.86M +$3.66M +159,604 +1,072%
SSW
16
Smith Shellnut Wilson
Mississippi
$3.67M
BF
17
BOK Financial
Oklahoma
$3.6M -$993K -43,290 -21%
RWG
18
Ratio Wealth Group
Colorado
$3.13M
Bank of New York Mellon
19
Bank of New York Mellon
New York
$2.97M +$440K +19,190 +17%
BCM
20
Bridgeway Capital Management
Texas
$2.21M
American Century Companies
21
American Century Companies
Missouri
$2.19M +$1.24M +53,967 +121%
Millennium Management
22
Millennium Management
New York
$2.17M +$2.24M +97,845 New
Goldman Sachs
23
Goldman Sachs
New York
$2.15M -$9.45K -412 -0.4%
RHCA
24
Rosenthal Henry Capital Advisors
Indiana
$2.06M -$1.16M -50,400 -54%
SCA
25
Stieven Capital Advisors
Missouri
$1.81M +$1.88M +81,842 New

BFST Hedge Fund Activity: Q4 2022 in Review

97 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q4 2022, worth a combined $226M — up 35% from $167M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new BFST positions and 8 closed out — a net gain of 15 holders — while 38 added to existing stakes and 18 trimmed.

The largest buyer was Wellington Management Group, opening a new position worth an estimated $18.1M. The largest seller was EJF Capital, exiting entirely with an estimated $8.16M sold.

  • 97 institutional investors held Business First Bancshares (BFST) as of Q4 2022, up from 82 in Q3 2022.
  • Funds reported $226M of Business First Bancshares stock for Q4 2022, up 35% quarter-over-quarter.
  • 23 funds opened new Business First Bancshares positions in Q4 2022 and 8 closed out, a net change of +15 holders.
  • The largest Business First Bancshares buyer in Q4 2022 was Wellington Management Group, an estimated $18.1M added.
  • The largest Business First Bancshares seller in Q4 2022 was EJF Capital, an estimated $8.16M sold.

Based on aggregated 13F filings for Q4 2022.