First Business Financial Services
FBIZ
78 hedge funds and large institutions have $110M invested in First Business Financial Services in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 23 reducing their positions, and 3 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
4% more funds holding
Funds holding: 75 → 78 (+3)
9% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 23
2% more capital invested
Capital invested by funds: $108M → $110M (+$1.77M)
0.54% less ownership
Funds ownership: 62.97% → 62.43% (-0.54%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$587K |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$581K |
| 3 |
Renaissance Technologies
New York
|
+$528K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$493K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$469K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$1.76M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$660K |
| 3 |
ROC
River Oaks Capital
Wayzata,
Minnesota
|
-$655K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$469K |
| 5 |
O
OppenheimerFunds
New York
|
-$339K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | – | – | – |
|
|
CAW
77
Cornerstone Advisors (Washington)
Bellevue,
Washington
| $1K | +$719 | +34 | New |
|
|
MCM
78
Maltese Capital Management
New York
| – | -$1.76M | -90,000 | Closed |
|
|
O
79
OppenheimerFunds
New York
| – | -$339K | -17,352 | Closed |
|
80
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$56K | -2,894 | Closed |
|
|
LC
81
Lindbrook Capital
Calabasas,
California
| – | +$930 | +44 | New |
|
FBIZ Hedge Fund Activity: Q1 2019 in Review
78 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q1 2019, worth a combined $110M — up 1.6% from $108M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FBIZ positions and 3 closed out — a net gain of 3 holders — while 25 added to existing stakes and 23 trimmed.
The largest buyer was Pacific Ridge Capital Partners, adding an estimated $587K. The largest seller was Maltese Capital Management, exiting entirely with an estimated $1.76M sold.
- 78 institutional investors held First Business Financial Services (FBIZ) as of Q1 2019, up from 75 in Q4 2018.
- Funds reported $110M of First Business Financial Services stock for Q1 2019, up 1.6% quarter-over-quarter.
- 6 funds opened new First Business Financial Services positions in Q1 2019 and 3 closed out, a net change of +3 holders.
- The largest First Business Financial Services buyer in Q1 2019 was Pacific Ridge Capital Partners, an estimated $587K added.
- The largest First Business Financial Services seller in Q1 2019 was Maltese Capital Management, an estimated $1.76M sold.
Based on aggregated 13F filings for Q1 2019.