First Business Financial Services
FBIZ
66 hedge funds and large institutions have $103M invested in First Business Financial Services in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 26 increasing their positions, 20 reducing their positions, and 11 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 20
3% more capital invested
Capital invested by funds: $101M → $103M (+$2.54M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less funds holding
Funds holding: 75 → 66 (-9)
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.39M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$3.84M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.14M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$480K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$405K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$1.88M |
| 2 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$863K |
| 3 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$565K |
| 4 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$497K |
| 5 |
PCA
PL Capital Advisors
Naples,
Florida
|
-$483K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SEI Investments
Oaks,
Pennsylvania
| – | -$4K | -164 | Closed |
|
|
GT
77
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$2K | -118 | Closed |
|
FBIZ Hedge Fund Activity: Q3 2015 in Review
66 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q3 2015, worth a combined $103M — up 2.5% from $101M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FBIZ and 3 opened new positions — a net loss of 8 holders — while 20 trimmed existing stakes and 26 added.
The largest buyer was Wellington Management Group, adding an estimated $4.39M. The largest seller was Maltese Capital Management, exiting entirely with an estimated $1.88M sold.
- 66 institutional investors held First Business Financial Services (FBIZ) as of Q3 2015, down from 75 in Q2 2015.
- Funds reported $103M of First Business Financial Services stock for Q3 2015, up 2.5% quarter-over-quarter.
- 3 funds opened new First Business Financial Services positions in Q3 2015 and 11 closed out, a net change of -8 holders.
- The largest First Business Financial Services buyer in Q3 2015 was Wellington Management Group, an estimated $4.39M added.
- The largest First Business Financial Services seller in Q3 2015 was Maltese Capital Management, an estimated $1.88M sold.
Based on aggregated 13F filings for Q3 2015.