First Business Financial Services
FBIZ
90 hedge funds and large institutions have $172M invested in First Business Financial Services in 2022 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 32 increasing their positions, 19 reducing their positions, and 9 closing their positions.
167% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 9
68% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 19
17% more funds holding
Funds holding: 77 → 90 (+13)
3.4% more ownership
Funds ownership: 61.81% → 65.21% (+3.4%)
1% more capital invested
Capital invested by funds: $171M → $172M (+$1.3M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$11.7M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.11M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1.95M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.82M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$5.57M |
| 2 |
Millennium Management
New York
|
-$3.73M |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$3.3M |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
-$2.6M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$2.37M |
FBIZ Hedge Fund Activity: Q2 2022 in Review
90 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q2 2022, worth a combined $172M — up 0.76% from $171M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FBIZ positions and 9 closed out — a net gain of 15 holders — while 32 added to existing stakes and 19 trimmed.
The largest buyer was BlackRock, adding an estimated $11.7M. The largest seller was Fourthstone LLC, exiting entirely with an estimated $5.57M sold.
- 90 institutional investors held First Business Financial Services (FBIZ) as of Q2 2022, up from 77 in Q1 2022.
- Funds reported $172M of First Business Financial Services stock for Q2 2022, up 0.76% quarter-over-quarter.
- 24 funds opened new First Business Financial Services positions in Q2 2022 and 9 closed out, a net change of +15 holders.
- The largest First Business Financial Services buyer in Q2 2022 was BlackRock, an estimated $11.7M added.
- The largest First Business Financial Services seller in Q2 2022 was Fourthstone LLC, an estimated $5.57M sold.
Based on aggregated 13F filings for Q2 2022.