First Business Financial Services
FBIZ
70 hedge funds and large institutions have $117M invested in First Business Financial Services in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 28 increasing their positions, 20 reducing their positions, and 9 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
1% less capital invested
Capital invested by funds: $118M → $117M (-$1.64M)
9% less funds holding
Funds holding: 77 → 70 (-7)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
Top Sellers
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$1.26M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$1.22M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$560K |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$264K |
| 5 |
Two Sigma Advisers
New York
|
-$249K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
76
Arcadia Investment Management
Kalamazoo,
Michigan
| – | -$27K | -1,140 | Closed |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| – | -$24K | -1,015 | Closed |
|
78
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -77 | Closed |
|
|
AG
79
Advisor Group
Phoenix,
Arizona
| – | -$1K | -47 | Closed |
|
FBIZ Hedge Fund Activity: Q3 2016 in Review
70 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q3 2016, worth a combined $117M — down 1.4% from $118M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FBIZ and 2 opened new positions — a net loss of 7 holders — while 20 trimmed existing stakes and 28 added.
The largest buyer was Banc Funds Company, adding an estimated $578K. The largest seller was Elizabeth Park Capital Advisors, cutting an estimated $1.26M.
- 70 institutional investors held First Business Financial Services (FBIZ) as of Q3 2016, down from 77 in Q2 2016.
- Funds reported $117M of First Business Financial Services stock for Q3 2016, down 1.4% quarter-over-quarter.
- 2 funds opened new First Business Financial Services positions in Q3 2016 and 9 closed out, a net change of -7 holders.
- The largest First Business Financial Services buyer in Q3 2016 was Banc Funds Company, an estimated $578K added.
- The largest First Business Financial Services seller in Q3 2016 was Elizabeth Park Capital Advisors, an estimated $1.26M sold.
Based on aggregated 13F filings for Q3 2016.