Business First Bancshares
BFST
118 hedge funds and large institutions have $298M invested in Business First Bancshares in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 35 increasing their positions, 31 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
63% more call options, than puts
Call options by funds: $137K | Put options by funds: $84K
45% more capital invested
Capital invested by funds: $205M → $298M (+$92.8M)
13% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 31
8% more funds holding
Funds holding: 109 → 118 (+9)
4.56% more ownership
Funds ownership: 43.17% → 47.73% (+4.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.63M |
| 2 |
BlackRock
New York
|
+$2.32M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$1.73M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.63M |
| 5 |
JP Morgan Chase
New York
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSW
Smith Shellnut Wilson
Ridgeland,
Mississippi
|
-$1.15M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$955K |
| 3 |
Millennium Management
New York
|
-$604K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$412K |
| 5 |
Bank of New York Mellon
New York
|
-$357K |
BFST Hedge Fund Activity: Q4 2023 in Review
118 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q4 2023, worth a combined $298M — up 45% from $205M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BFST positions and 8 closed out — a net gain of 9 holders — while 35 added to existing stakes and 31 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.63M. The largest seller was Smith Shellnut Wilson, cutting an estimated $1.15M.
- 118 institutional investors held Business First Bancshares (BFST) as of Q4 2023, up from 109 in Q3 2023.
- Funds reported $298M of Business First Bancshares stock for Q4 2023, up 45% quarter-over-quarter.
- 17 funds opened new Business First Bancshares positions in Q4 2023 and 8 closed out, a net change of +9 holders.
- The largest Business First Bancshares buyer in Q4 2023 was Morgan Stanley, an estimated $2.63M added.
- The largest Business First Bancshares seller in Q4 2023 was Smith Shellnut Wilson, an estimated $1.15M sold.
Based on aggregated 13F filings for Q4 2023.