Business First Bancshares
BFST
96 hedge funds and large institutions have $162M invested in Business First Bancshares in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 33 reducing their positions, and 15 closing their positions.
24% more capital inflows, than outflows
Capital inflows: $11.4M | Capital outflows: $9.17M
0.26% more ownership
Funds ownership: 42.2% → 42.46% (+0.26%)
3% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 33
3% less funds holding
Funds holding: 99 → 96 (-3)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.32M |
| 2 |
Royce & Associates
New York
|
+$1.13M |
| 3 |
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$590K |
| 4 |
Stratos Wealth Partners
Beachwood,
Ohio
|
+$555K |
| 5 |
Empowered Funds
Havertown,
Pennsylvania
|
+$530K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.97M |
| 2 |
Rosenthal Henry Capital Advisors
Mishawaka,
Indiana
|
-$1.59M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$638K |
| 4 |
BOK Financial
Tulsa,
Oklahoma
|
-$553K |
| 5 |
Two Sigma Investments
New York
|
-$483K |
BFST Hedge Fund Activity: Q2 2023 in Review
96 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q2 2023, worth a combined $162M — down 11% from $181M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BFST and 12 opened new positions — a net loss of 3 holders — while 33 trimmed existing stakes and 32 added.
The largest buyer was BlackRock, adding an estimated $2.32M. The largest seller was Millennium Management, cutting an estimated $1.97M.
- 96 institutional investors held Business First Bancshares (BFST) as of Q2 2023, down from 99 in Q1 2023.
- Funds reported $162M of Business First Bancshares stock for Q2 2023, down 11% quarter-over-quarter.
- 12 funds opened new Business First Bancshares positions in Q2 2023 and 15 closed out, a net change of -3 holders.
- The largest Business First Bancshares buyer in Q2 2023 was BlackRock, an estimated $2.32M added.
- The largest Business First Bancshares seller in Q2 2023 was Millennium Management, an estimated $1.97M sold.
Based on aggregated 13F filings for Q2 2023.