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First Business Financial Services

76 hedge funds and large institutions have $130M invested in First Business Financial Services in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 34 increasing their positions, 20 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 20

19% more capital invested

Capital invested by funds: $110M → $130M (+$20.5M)

0.9% more ownership

Funds ownership: 62.43%63.32% (+0.9%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

3% less funds holding

Funds holding: 7876 (-2)

Holders
76
Holders Change
-2
Holders Change %
-2.56%
% of All Funds
1.65%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
3
Increased
34
Reduced
20
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
N
26
Nuveen
North Carolina
$823K +$795K +35,016 New
BGIM
27
Brandywine Global Investment Management
Pennsylvania
$792K +$711K +31,326 +1,319%
Wells Fargo
28
Wells Fargo
California
$756K -$26.9K -1,186 -4%
EVC
29
Eidelman Virant Capital
Missouri
$750K -$17.6K -774 -2%
Wellington Management Group
30
Wellington Management Group
Massachusetts
$734K -$68.5K -3,018 -9%
Deutsche Bank
31
Deutsche Bank
Germany
$713K -$262K -11,555 -28%
MSL
32
Mackay Shields LLC
New York
$709K +$413K +18,199 +152%
HIM
33
Hillsdale Investment Management
Ontario, Canada
$700K +$652K +28,700 +2,609%
Prudential Financial
34
Prudential Financial
New Jersey
$594K +$9.08K +400 +2%
T. Rowe Price Associates
35
T. Rowe Price Associates
Maryland
$588K +$9.65K +425 +2%
SO
36
STRS Ohio
Ohio
$582K
California Public Employees Retirement System
37
California Public Employees Retirement System
California
$533K
Jacobs Levy Equity Management
38
Jacobs Levy Equity Management
New Jersey
$529K +$85.8K +3,780 +20%
Millennium Management
39
Millennium Management
New York
$501K -$272K -11,958 -36%
Ameriprise
40
Ameriprise
Minnesota
$497K -$22.6K -995 -4%
Charles Schwab
41
Charles Schwab
California
$471K +$23.4K +1,031 +5%
Acadian Asset Management
42
Acadian Asset Management
Massachusetts
$471K +$171K +7,542 +60%
NAS
43
Nicolet Advisory Services
Wisconsin
$443K
Bessemer Group
44
Bessemer Group
New Jersey
$437K
OAM
45
Oxford Asset Management
United Kingdom
$422K -$318 -14 -0.1%
WCM
46
Wedge Capital Management
North Carolina
$347K -$69.9K -3,077 -17%
Bank of Montreal
47
Bank of Montreal
Ontario, Canada
$320K +$19.7K +867 +7%
California State Teachers Retirement System (CalSTRS)
48
California State Teachers Retirement System (CalSTRS)
California
$305K
Russell Investments Group
49
Russell Investments Group
United Kingdom
$296K -$162K -7,126 -36%
RhumbLine Advisers
50
RhumbLine Advisers
Massachusetts
$271K +$7.88K +347 +3%

FBIZ Hedge Fund Activity: Q2 2019 in Review

76 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q2 2019, worth a combined $130M — up 19% from $110M a quarter earlier.

Fund positioning in FBIZ was balanced in Q2 2019: 3 funds opened new positions, 3 closed out, 34 added to existing stakes and 20 trimmed.

The largest buyer was Nuveen, opening a new position worth an estimated $795K. The largest seller was PL Capital Advisors, cutting an estimated $790K.

  • 76 institutional investors held First Business Financial Services (FBIZ) as of Q2 2019, down from 78 in Q1 2019.
  • Funds reported $130M of First Business Financial Services stock for Q2 2019, up 19% quarter-over-quarter.
  • 3 funds opened new First Business Financial Services positions in Q2 2019 and 3 closed out, a net change of 0 holders.
  • The largest First Business Financial Services buyer in Q2 2019 was Nuveen, an estimated $795K added.
  • The largest First Business Financial Services seller in Q2 2019 was PL Capital Advisors, an estimated $790K sold.

Based on aggregated 13F filings for Q2 2019.