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Business First Bancshares

128 hedge funds and large institutions have $323M invested in Business First Bancshares in 2024 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 44 increasing their positions, 36 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

267% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 6

23% more capital invested

Capital invested by funds: $263M → $323M (+$60M)

22% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 36

15% more call options, than puts

Call options by funds: $62K | Put options by funds: $54K

14% more funds holding

Funds holding: 112128 (+16)

2.17% more ownership

Funds ownership: 47.15%49.32% (+2.2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
128
Holders Change
+16
Holders Change %
+14.29%
% of All Funds
1.84%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
22
Increased
44
Reduced
36
Closed
6
Calls
$62K
Puts
$54K
Net Calls
+$8K
Net Calls Change
-$37K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$56.8M +$1.65M +69,484 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$35.2M +$1.1M +46,369 +3%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$18.3M +$1.07M +44,920 +7%
Geode Capital Management
4
Geode Capital Management
Massachusetts
$14.4M -$287K -12,082 -2%
State Street
5
State Street
Massachusetts
$13.4M +$594K +24,992 +5%
BFC
6
Banc Funds Company
Illinois
$11.9M -$606K -25,509 -5%
Manulife (Manufacturers Life Insurance)
7
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$11.8M -$294K -12,388 -3%
American Century Companies
8
American Century Companies
Missouri
$11.5M +$736K +30,987 +7%
JP Morgan Chase
9
JP Morgan Chase
New York
$10.5M +$642K +27,023 +7%
RA
10
Royce & Associates
New York
$9.86M +$805K +33,870 +10%
RIM
11
Ranger Investment Management
Texas
$9.63M +$186K +7,830 +2%
MCA
12
Mendon Capital Advisors
Florida
$7.96M -$1.43M -60,088 -16%
CRC
13
Curi RMB Capital
Illinois
$7.61M -$1.75M -73,476 -20%
Janus Henderson Group
14
Janus Henderson Group
United Kingdom
$7.58M +$6.33M +266,380 +922%
Russell Investments Group
15
Russell Investments Group
United Kingdom
$6.37M +$1.27M +53,323 +27%
KCM
16
Kennedy Capital Management
Missouri
$5.44M -$868K -36,531 -15%
Northern Trust
17
Northern Trust
Illinois
$5.41M +$5.87K +247 +0.1%
Charles Schwab
18
Charles Schwab
California
$5.04M +$3.08M +129,677 +195%
Franklin Resources
19
Franklin Resources
California
$4.37M +$822K +34,602 +25%
Goldman Sachs
20
Goldman Sachs
New York
$4.31M +$942K +39,650 +31%
BCM
21
Bridgeway Capital Management
Texas
$4.13M +$89.1K +3,752 +2%
Morgan Stanley
22
Morgan Stanley
New York
$4.03M +$1.74M +73,084 +87%
RSWM
23
Robertson Stephens Wealth Management
California
$3.41M +$3.15M +132,662 New
AllianceBernstein
24
AllianceBernstein
Tennessee
$3.21M -$1.63M -68,500 -35%
N
25
Nuveen
North Carolina
$2.6M +$955K +40,200 +66%

BFST Hedge Fund Activity: Q3 2024 in Review

128 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q3 2024, worth a combined $323M — up 23% from $263M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new BFST positions and 6 closed out — a net gain of 16 holders — while 44 added to existing stakes and 36 trimmed.

The largest buyer was Janus Henderson Group, adding an estimated $6.33M. The largest seller was Stieven Capital Advisors, exiting entirely with an estimated $3.53M sold.

  • 128 institutional investors held Business First Bancshares (BFST) as of Q3 2024, up from 112 in Q2 2024.
  • Funds reported $323M of Business First Bancshares stock for Q3 2024, up 23% quarter-over-quarter.
  • 22 funds opened new Business First Bancshares positions in Q3 2024 and 6 closed out, a net change of +16 holders.
  • The largest Business First Bancshares buyer in Q3 2024 was Janus Henderson Group, an estimated $6.33M added.
  • The largest Business First Bancshares seller in Q3 2024 was Stieven Capital Advisors, an estimated $3.53M sold.

Based on aggregated 13F filings for Q3 2024.