First Busey Corp
BUSE
157 hedge funds and large institutions have $573M invested in First Busey Corp in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 57 increasing their positions, 50 reducing their positions, and 19 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 50
6.64% more ownership
Funds ownership: 44.33% → 50.97% (+6.6%)
5% less funds holding
Funds holding: 165 → 157 (-8)
5% less capital invested
Capital invested by funds: $604M → $573M (-$31M)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$22.3M |
| 2 |
BlackRock
New York
|
+$7.53M |
| 3 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$2.25M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$2.01M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$9.85M |
| 2 |
Millennium Management
New York
|
-$8.15M |
| 3 |
JAM
Jacobs Asset Management
New York
|
-$4.94M |
| 4 |
BCM
Basswood Capital Management
New York
|
-$4.22M |
| 5 |
Goldman Sachs
New York
|
-$1.95M |
BUSE Hedge Fund Activity: Q1 2023 in Review
157 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Busey Corp (BUSE) for Q1 2023, worth a combined $573M — down 5.1% from $604M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BUSE and 11 opened new positions — a net loss of 8 holders — while 50 trimmed existing stakes and 57 added.
The largest buyer was AllianceBernstein, adding an estimated $22.3M. The largest seller was Victory Capital Management, cutting an estimated $9.85M.
- 157 institutional investors held First Busey Corp (BUSE) as of Q1 2023, down from 165 in Q4 2022.
- Funds reported $573M of First Busey Corp stock for Q1 2023, down 5.1% quarter-over-quarter.
- 11 funds opened new First Busey Corp positions in Q1 2023 and 19 closed out, a net change of -8 holders.
- The largest First Busey Corp buyer in Q1 2023 was AllianceBernstein, an estimated $22.3M added.
- The largest First Busey Corp seller in Q1 2023 was Victory Capital Management, an estimated $9.85M sold.
Based on aggregated 13F filings for Q1 2023.