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First Business Financial Services
FBIZ

61 hedge funds and large institutions have $121M invested in First Business Financial Services in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 30 increasing their positions, 15 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 15

0.62% more ownership

Funds ownership: 59.44% → 60.06% (+0.62%)

5% less funds holding

Funds holding: 64 → 61 (-3)

10% less capital invested

Capital invested by funds: $135M → $121M (-$13.7M)

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

Holders
61
Holders Change
-3
Holders Change %
-4.69%
% of All Funds
1.52%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
2
Increased
30
Reduced
15
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Vanguard Group
Vanguard Group
Pennsylvania
+$3.13M
2
MCM
Maltese Capital Management
New York
+$2.15M
3
Northern Trust
Northern Trust
Illinois
+$2.06M
4
BFC
Banc Funds Company
Illinois
+$557K
5
State Street
State Street
Massachusetts
+$440K

Top Sellers

1
PAIM
Punch & Associates Investment Management
Minnesota
-$5.44M
2
EMFAT
Emerald Mutual Fund Advisers Trust
Pennsylvania
-$1.7M
3
Wells Fargo
Wells Fargo
California
-$1.49M
4
RHCA
Rosenthal Henry Capital Advisors
Indiana
-$367K
5
Wellington Management Group
Wellington Management Group
Massachusetts
-$355K
Name Holding Trade Value Shares
Change 		Change in
Stake
California Public Employees Retirement System
26
California Public Employees Retirement System
California
$699K +$78.3K +3,200 +12%
ROC
27
River Oaks Capital
Minnesota
$649K +$259K +10,600 +61%
SO
28
STRS Ohio
Ohio
$609K +$213K +8,700 +49%
CCMH
29
Cornerstone Capital Management Holdings
New York
$599K +$56.3K +2,300 +10%
TCIM
30
TIAA CREF Investment Management
New York
$555K -$161K -6,577 -21%
EVC
31
Eidelman Virant Capital
Missouri
$512K – – –
Prudential Financial
32
Prudential Financial
New Jersey
$436K +$44.1K +1,800 +11%
WAM
33
Wealthspire Advisors (Maryland)
Maryland
$388K – – –
O
34
OppenheimerFunds
New York
$376K +$134K +5,478 +51%
Bank of Montreal
35
Bank of Montreal
Ontario, Canada
$358K -$4.16K -170 -1%
California State Teachers Retirement System (CalSTRS)
36
California State Teachers Retirement System (CalSTRS)
California
$337K -$39.2K -1,600 -10%
T. Rowe Price Associates
37
T. Rowe Price Associates
Maryland
$333K +$26.9K +1,100 +8%
TA
38
Teachers Advisors
New York
$315K +$23K +940 +7%
Russell Investments Group
39
Russell Investments Group
United Kingdom
$308K – – –
Bessemer Group
40
Bessemer Group
New Jersey
$279K +$7.34K +300 +3%
Charles Schwab
41
Charles Schwab
California
$268K – – –
Baird Financial Group
42
Baird Financial Group
Wisconsin
$227K – – –
Jacobs Levy Equity Management
43
Jacobs Levy Equity Management
New Jersey
$227K – – –
Morgan Stanley
44
Morgan Stanley
New York
$222K -$54.5K -2,227 -19%
RhumbLine Advisers
45
RhumbLine Advisers
Massachusetts
$216K +$11.5K +470 +5%
Ameriprise
46
Ameriprise
Minnesota
$201K +$213K +8,700 New
New York State Common Retirement Fund
47
New York State Common Retirement Fund
New York
$185K -$24 -1 -0%
AIG
48
American International Group
New York
$118K +$3.18K +130 +3%
Citigroup
49
Citigroup
New York
$93K -$29.5K -1,205 -23%
UBS Group
50
UBS Group
Switzerland
$78K +$58.8K +2,401 +242%
1
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FBIZ Hedge Fund Activity: Q2 2017 in Review

61 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q2 2017, worth a combined $121M — down 10% from $135M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of FBIZ and 2 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 30 added.

The largest buyer was Vanguard Group, adding an estimated $3.13M. The largest seller was Punch & Associates Investment Management, exiting entirely with an estimated $5.44M sold.

  • 61 institutional investors held First Business Financial Services (FBIZ) as of Q2 2017, down from 64 in Q1 2017.
  • Funds reported $121M of First Business Financial Services stock for Q2 2017, down 10% quarter-over-quarter.
  • 2 funds opened new First Business Financial Services positions in Q2 2017 and 5 closed out, a net change of -3 holders.
  • The largest First Business Financial Services buyer in Q2 2017 was Vanguard Group, an estimated $3.13M added.
  • The largest First Business Financial Services seller in Q2 2017 was Punch & Associates Investment Management, an estimated $5.44M sold.

Based on aggregated 13F filings for Q2 2017.