First Business Financial Services
FBIZ
82 hedge funds and large institutions have $147M invested in First Business Financial Services in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 32 increasing their positions, 28 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
14% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 28
10% more capital invested
Capital invested by funds: $134M → $147M (+$13.4M)
3% more funds holding
Funds holding: 80 → 82 (+2)
0.79% more ownership
Funds ownership: 64.32% → 65.11% (+0.79%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$578K |
| 2 |
Renaissance Technologies
New York
|
+$481K |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$466K |
| 4 |
Bank of New York Mellon
New York
|
+$420K |
| 5 |
Millennium Management
New York
|
+$315K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCA
PL Capital Advisors
Naples,
Florida
|
-$983K |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$733K |
| 3 |
FBFS
First Business Financial Services
Madison,
Wisconsin
|
-$388K |
| 4 |
WG
Winton Group
London,
United Kingdom
|
-$237K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$210K |
FBIZ Hedge Fund Activity: Q4 2019 in Review
82 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q4 2019, worth a combined $147M — up 10% from $134M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FBIZ positions and 3 closed out — a net gain of 2 holders — while 32 added to existing stakes and 28 trimmed.
The largest buyer was Banc Funds Company, adding an estimated $578K. The largest seller was PL Capital Advisors, exiting entirely with an estimated $983K sold.
- 82 institutional investors held First Business Financial Services (FBIZ) as of Q4 2019, up from 80 in Q3 2019.
- Funds reported $147M of First Business Financial Services stock for Q4 2019, up 10% quarter-over-quarter.
- 5 funds opened new First Business Financial Services positions in Q4 2019 and 3 closed out, a net change of +2 holders.
- The largest First Business Financial Services buyer in Q4 2019 was Banc Funds Company, an estimated $578K added.
- The largest First Business Financial Services seller in Q4 2019 was PL Capital Advisors, an estimated $983K sold.
Based on aggregated 13F filings for Q4 2019.