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First Business Financial Services
FBIZ

78 hedge funds and large institutions have $110M invested in First Business Financial Services in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 23 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

4% more funds holding

Funds holding: 75 → 78 (+3)

9% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 23

2% more capital invested

Capital invested by funds: $108M → $110M (+$1.77M)

0.54% less ownership

Funds ownership: 62.97% → 62.43% (-0.54%)

Holders
78
Holders Change
+3
Holders Change %
+4%
% of All Funds
1.69%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
6
Increased
25
Reduced
23
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
PRCP
Pacific Ridge Capital Partners
Oregon
+$587K
2
MI
M3F Inc
Utah
+$581K
3
Renaissance Technologies
Renaissance Technologies
New York
+$528K
4
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$493K
5
Ameriprise
Ameriprise
Minnesota
+$469K

Top Sellers

1
MCM
Maltese Capital Management
New York
-$1.76M
2
Russell Investments Group
Russell Investments Group
United Kingdom
-$660K
3
ROC
River Oaks Capital
Minnesota
-$655K
4
Wellington Management Group
Wellington Management Group
Massachusetts
-$469K
5
O
OppenheimerFunds
New York
-$339K
Name Holding Trade Value Shares
Change 		Change in
Stake
Deutsche Bank
26
Deutsche Bank
Germany
$837K +$175K +8,287 +25%
Wellington Management Group
27
Wellington Management Group
Massachusetts
$686K -$469K -22,204 -39%
Wells Fargo
28
Wells Fargo
California
$668K +$5.28K +250 +0.8%
Millennium Management
29
Millennium Management
New York
$667K -$263K -12,465 -27%
EVC
30
Eidelman Virant Capital
Missouri
$654K -$6.76K -320 -1%
Prudential Financial
31
Prudential Financial
New Jersey
$498K +$17.6K +832 +3%
SO
32
STRS Ohio
Ohio
$496K – – –
T. Rowe Price Associates
33
T. Rowe Price Associates
Maryland
$493K +$40.2K +1,900 +8%
California Public Employees Retirement System
34
California Public Employees Retirement System
California
$454K – – –
Ameriprise
35
Ameriprise
Minnesota
$444K +$469K +22,172 New
Russell Investments Group
36
Russell Investments Group
United Kingdom
$395K -$660K -31,225 -61%
Charles Schwab
37
Charles Schwab
California
$381K – – –
NAS
38
Nicolet Advisory Services
Wisconsin
$378K +$399K +18,862 New
Jacobs Levy Equity Management
39
Jacobs Levy Equity Management
New Jersey
$375K – – –
Bessemer Group
40
Bessemer Group
New Jersey
$372K +$127K +6,000 +48%
TCIM
41
TIAA CREF Investment Management
New York
$366K -$5.41K -256 -1%
OAM
42
Oxford Asset Management
United Kingdom
$360K +$91.6K +4,334 +32%
WCM
43
Wedge Capital Management
North Carolina
$357K +$72.8K +3,443 +24%
Baird Financial Group
44
Baird Financial Group
Wisconsin
$271K – – –
TA
45
Teachers Advisors
New York
$271K – – –
California State Teachers Retirement System (CalSTRS)
46
California State Teachers Retirement System (CalSTRS)
California
$260K – – –
Bank of Montreal
47
Bank of Montreal
Ontario, Canada
$256K -$13.3K -627 -5%
Acadian Asset Management
48
Acadian Asset Management
Massachusetts
$251K +$124K +5,847 +87%
MSL
49
Mackay Shields LLC
New York
$239K – – –
ROC
50
River Oaks Capital
Minnesota
$236K -$655K -31,000 -72%
1
2
3 4

FBIZ Hedge Fund Activity: Q1 2019 in Review

78 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q1 2019, worth a combined $110M — up 1.6% from $108M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new FBIZ positions and 3 closed out — a net gain of 3 holders — while 25 added to existing stakes and 23 trimmed.

The largest buyer was Pacific Ridge Capital Partners, adding an estimated $587K. The largest seller was Maltese Capital Management, exiting entirely with an estimated $1.76M sold.

  • 78 institutional investors held First Business Financial Services (FBIZ) as of Q1 2019, up from 75 in Q4 2018.
  • Funds reported $110M of First Business Financial Services stock for Q1 2019, up 1.6% quarter-over-quarter.
  • 6 funds opened new First Business Financial Services positions in Q1 2019 and 3 closed out, a net change of +3 holders.
  • The largest First Business Financial Services buyer in Q1 2019 was Pacific Ridge Capital Partners, an estimated $587K added.
  • The largest First Business Financial Services seller in Q1 2019 was Maltese Capital Management, an estimated $1.76M sold.

Based on aggregated 13F filings for Q1 2019.