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First Business Financial Services

80 hedge funds and large institutions have $156M invested in First Business Financial Services in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 26 increasing their positions, 33 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

0.13% less ownership

Funds ownership: 63.91%63.78% (-0.13%)

4% less capital invested

Capital invested by funds: $163M → $156M (-$6.83M)

6% less funds holding

Funds holding: 8580 (-5)

21% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 33

63% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 8

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $472K

Holders
80
Holders Change
-5
Holders Change %
-5.88%
% of All Funds
1.26%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
3
Increased
26
Reduced
33
Closed
8
Calls
Puts
$472K
Net Calls
-$472K
Net Calls Change
-$472K
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$1.14M +$120K +4,240 +12%
Bank of New York Mellon
27
Bank of New York Mellon
New York
$1.12M -$20K -705 -2%
UCI
28
Uncommon Cents Investing
Wisconsin
$1.03M -$7.66K -270 -0.8%
EST
29
EA Series Trust
Pennsylvania
$941K +$905K +31,914 New
EF
30
Empowered Funds
Pennsylvania
$941K +$905K +31,914 New
GCM
31
Gator Capital Management
Florida
$703K
T. Rowe Price Associates
32
T. Rowe Price Associates
Maryland
$684K +$6.8K +240 +1%
First Trust Advisors
33
First Trust Advisors
Illinois
$668K -$24.8K -873 -4%
Morgan Stanley
34
Morgan Stanley
New York
$635K -$2.98K -105 -0.5%
JFGIW
35
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$626K
Charles Schwab
36
Charles Schwab
California
$610K -$8.65K -305 -1%
Barclays
37
Barclays
United Kingdom
$593K -$66.1K -2,331 -10%
Bank of Montreal
38
Bank of Montreal
Ontario, Canada
$576K +$513K +18,111 New
N
39
Nuveen
North Carolina
$548K -$42K -1,481 -7%
HSBC Holdings
40
HSBC Holdings
United Kingdom
$441K
MAM
41
Martingale Asset Management
Massachusetts
$431K -$57 -2 -0%
Invesco
42
Invesco
Georgia
$411K -$75.4K -2,660 -16%
Two Sigma Advisers
43
Two Sigma Advisers
New York
$389K -$204K -7,200 -35%
Royal Bank of Canada
44
Royal Bank of Canada
Ontario, Canada
$389K +$2.04K +72 +0.5%
RhumbLine Advisers
45
RhumbLine Advisers
Massachusetts
$339K -$14.8K -521 -4%
Ameriprise
46
Ameriprise
Minnesota
$320K -$158K -5,556 -34%
GC
47
Globeflex Capital
California
$318K -$38K -1,339 -11%
JP Morgan Chase
48
JP Morgan Chase
New York
$282K +$8.02K +283 +3%
Baird Financial Group
49
Baird Financial Group
Wisconsin
$277K -$9.98K -352 -4%
KAS
50
Kestra Advisory Services
Texas
$271K

FBIZ Hedge Fund Activity: Q2 2023 in Review

80 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q2 2023, worth a combined $156M — down 4.2% from $163M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FBIZ and 3 opened new positions — a net loss of 5 holders — while 33 trimmed existing stakes and 26 added.

The largest buyer was Empowered Funds, opening a new position worth an estimated $905K. The largest seller was Millennium Management, exiting entirely with an estimated $799K sold.

  • 80 institutional investors held First Business Financial Services (FBIZ) as of Q2 2023, down from 85 in Q1 2023.
  • Funds reported $156M of First Business Financial Services stock for Q2 2023, down 4.2% quarter-over-quarter.
  • 3 funds opened new First Business Financial Services positions in Q2 2023 and 8 closed out, a net change of -5 holders.
  • The largest First Business Financial Services buyer in Q2 2023 was Empowered Funds, an estimated $905K added.
  • The largest First Business Financial Services seller in Q2 2023 was Millennium Management, an estimated $799K sold.

Based on aggregated 13F filings for Q2 2023.