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First Business Financial Services
FBIZ

68 hedge funds and large institutions have $85.7M invested in First Business Financial Services in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 30 increasing their positions, 13 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

131% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 13

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

6% less funds holding

Funds holding: 72 → 68 (-4)

7% less capital invested

Capital invested by funds: $92.5M → $85.7M (-$6.78M)

40% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 10

Holders
68
Holders Change
-4
Holders Change %
-5.56%
% of All Funds
1.97%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
6
Increased
30
Reduced
13
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Northern Trust
Northern Trust
Illinois
+$1.35M
2
EVM
Eaton Vance Management
Massachusetts
+$943K
3
MAM
Martingale Asset Management
Massachusetts
+$853K
4
Federated Hermes
Federated Hermes
Pennsylvania
+$552K
5
Renaissance Technologies
Renaissance Technologies
New York
+$522K

Top Sellers

1
TC
TFS Capital
Pennsylvania
-$1.34M
2
Wells Fargo
Wells Fargo
California
-$706K
3
HIM
Hillsdale Investment Management
Ontario, Canada
-$621K
4
PAM
Panagora Asset Management
Massachusetts
-$410K
5
AWCI
Alpine Woods Capital Investors
New York
-$358K
Name Holding Trade Value Shares
Change 		Change in
Stake
CCMH
76
Cornerstone Capital Management Holdings
New York
– -$28K -1,200 Closed
VFA
77
Virtus Fund Advisers
Connecticut
– -$16K -672 Closed
Envestnet Asset Management
78
Envestnet Asset Management
Illinois
– +$360 +16 +267%
1 2 3
4

FBIZ Hedge Fund Activity: Q3 2014 in Review

68 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q3 2014, worth a combined $85.7M — down 7.3% from $92.5M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of FBIZ and 6 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 30 added.

The largest buyer was Northern Trust, adding an estimated $1.35M. The largest seller was TFS Capital, exiting entirely with an estimated $1.34M sold.

  • 68 institutional investors held First Business Financial Services (FBIZ) as of Q3 2014, down from 72 in Q2 2014.
  • Funds reported $85.7M of First Business Financial Services stock for Q3 2014, down 7.3% quarter-over-quarter.
  • 6 funds opened new First Business Financial Services positions in Q3 2014 and 10 closed out, a net change of -4 holders.
  • The largest First Business Financial Services buyer in Q3 2014 was Northern Trust, an estimated $1.35M added.
  • The largest First Business Financial Services seller in Q3 2014 was TFS Capital, an estimated $1.34M sold.

Based on aggregated 13F filings for Q3 2014.