We are live on ! Find out more
FBIZ icon

First Business Financial Services
FBIZ

66 hedge funds and large institutions have $103M invested in First Business Financial Services in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 26 increasing their positions, 20 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 20

3% more capital invested

Capital invested by funds: $101M → $103M (+$2.54M)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

12% less funds holding

Funds holding: 75 → 66 (-9)

73% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 11

Holders
66
Holders Change
-9
Holders Change %
-12%
% of All Funds
1.84%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
3
Increased
26
Reduced
20
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Wellington Management Group
Wellington Management Group
Massachusetts
+$4.39M
2
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
+$3.84M
3
KCM
Kennedy Capital Management
Missouri
+$1.14M
4
Geode Capital Management
Geode Capital Management
Massachusetts
+$480K
5
BIT
BlackRock Institutional Trust
California
+$405K

Top Sellers

Rank Fund Capital Flow
1
MCM
Maltese Capital Management
New York
-$1.88M
2
NFA
Nationwide Fund Advisors
Ohio
-$863K
3
EVC
Eidelman Virant Capital
Missouri
-$565K
4
CIC
Cornercap Investment Counsel
Georgia
-$497K
5
PCA
PL Capital Advisors
Florida
-$483K
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$741K -$59.1K -2,619 -8%
MAM
27
Martingale Asset Management
Massachusetts
$730K -$9.01K -399 -1%
DM
28
Delphi Management
Massachusetts
$645K +$367K +16,260 +145%
Bank of Montreal
29
Bank of Montreal
Ontario, Canada
$559K – – –
California Public Employees Retirement System
30
California Public Employees Retirement System
California
$534K – – –
NFA
31
Nationwide Fund Advisors
Ohio
$527K -$863K -38,196 -63%
SWM
32
SVA Wealth Management
Wisconsin
$522K – – –
Federated Hermes
33
Federated Hermes
Pennsylvania
$513K +$81.9K +3,626 +20%
Stifel Financial
34
Stifel Financial
Missouri
$509K -$67.4K -2,984 -12%
Two Sigma Advisers
35
Two Sigma Advisers
New York
$391K -$51.9K -2,300 -12%
EVC
36
Eidelman Virant Capital
Missouri
$377K -$565K -25,001 -61%
California State Teachers Retirement System (CalSTRS)
37
California State Teachers Retirement System (CalSTRS)
California
$370K -$2.26K -100 -0.6%
AWCI
38
Alpine Woods Capital Investors
New York
$353K – – –
CCMH
39
Cornerstone Capital Management Holdings
New York
$327K +$102K +4,500 +48%
MERSOM
40
Municipal Employees' Retirement System of Michigan
Michigan
$316K +$303K +13,430 New
TA
41
Teachers Advisors
New York
$284K – – –
T. Rowe Price Associates
42
T. Rowe Price Associates
Maryland
$275K -$58.7K -2,600 -18%
Charles Schwab
43
Charles Schwab
California
$273K -$350K -15,510 -57%
AIG
44
American International Group
New York
$267K +$16.8K +744 +7%
PCM
45
Palouse Capital Management
Washington
$266K -$17.4K -770 -6%
RhumbLine Advisers
46
RhumbLine Advisers
Massachusetts
$239K +$15.8K +698 +7%
Two Sigma Investments
47
Two Sigma Investments
New York
$235K – – –
Baird Financial Group
48
Baird Financial Group
Wisconsin
$232K – – –
RFC
49
Russell Frank Company
Washington
$219K -$49.4K -2,186 -19%
New York State Common Retirement Fund
50
New York State Common Retirement Fund
New York
$188K -$17.5K -776 -9%
1
2
3 4

FBIZ Hedge Fund Activity: Q3 2015 in Review

66 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q3 2015, worth a combined $103M — up 2.5% from $101M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of FBIZ and 3 opened new positions — a net loss of 8 holders — while 20 trimmed existing stakes and 26 added.

The largest buyer was Wellington Management Group, adding an estimated $4.39M. The largest seller was Maltese Capital Management, exiting entirely with an estimated $1.88M sold.

  • 66 institutional investors held First Business Financial Services (FBIZ) as of Q3 2015, down from 75 in Q2 2015.
  • Funds reported $103M of First Business Financial Services stock for Q3 2015, up 2.5% quarter-over-quarter.
  • 3 funds opened new First Business Financial Services positions in Q3 2015 and 11 closed out, a net change of -8 holders.
  • The largest First Business Financial Services buyer in Q3 2015 was Wellington Management Group, an estimated $4.39M added.
  • The largest First Business Financial Services seller in Q3 2015 was Maltese Capital Management, an estimated $1.88M sold.

Based on aggregated 13F filings for Q3 2015.