First Business Financial Services
FBIZ
30 hedge funds and large institutions have $55.7M invested in First Business Financial Services in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
11% more capital invested
Capital invested by funds: $50.2M → $55.7M (+$5.52M)
3% more funds holding
Funds holding: 29 → 30 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$810K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$739K |
| 3 |
HHC
Hutchin Hill Capital
New York
|
+$389K |
| 4 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$182K |
| 5 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$166K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$385K |
| 2 |
Morgan Stanley
New York
|
-$375K |
| 3 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$331K |
| 4 |
FBFS
First Business Financial Services
Madison,
Wisconsin
|
-$197K |
| 5 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$191K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
California Public Employees Retirement System
Sacramento,
California
| $64K | – | – | – |
|
27
Acadian Asset Management
Boston,
Massachusetts
| $39K | +$9.71K | +600 | +33% |
|
28
US Bancorp
Minneapolis,
Minnesota
| $33K | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $1K | -$2.49K | -154 | -77% |
|
|
GC
30
Globeflex Capital
San Diego,
California
| $1K | – | – | – |
|
|
31
Morgan Stanley
New York
| – | -$375K | -25,052 | Closed |
|
FBIZ Hedge Fund Activity: Q3 2013 in Review
30 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q3 2013, worth a combined $55.7M — up 11% from $50.2M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FBIZ positions and 1 closed out — a net gain of 1 holder — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Maltese Capital Management, opening a new position worth an estimated $810K. The largest seller was Wellington Management Group, cutting an estimated $385K.
- 30 institutional investors held First Business Financial Services (FBIZ) as of Q3 2013, up from 29 in Q2 2013.
- Funds reported $55.7M of First Business Financial Services stock for Q3 2013, up 11% quarter-over-quarter.
- 2 funds opened new First Business Financial Services positions in Q3 2013 and 1 closed out, a net change of +1 holder.
- The largest First Business Financial Services buyer in Q3 2013 was Maltese Capital Management, an estimated $810K added.
- The largest First Business Financial Services seller in Q3 2013 was Wellington Management Group, an estimated $385K sold.
Based on aggregated 13F filings for Q3 2013.