First Business Financial Services
FBIZ
76 hedge funds and large institutions have $130M invested in First Business Financial Services in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 34 increasing their positions, 20 reducing their positions, and 3 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 20
19% more capital invested
Capital invested by funds: $110M → $130M (+$20.5M)
0.9% more ownership
Funds ownership: 62.43% → 63.32% (+0.9%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
3% less funds holding
Funds holding: 78 → 76 (-2)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | +$136 | +6 | +12% |
|
|
WAM
77
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$145K | -7,245 | Closed |
|
78
SEI Investments
Oaks,
Pennsylvania
| – | -$102K | -5,072 | Closed |
|
79
AssetMark Inc
Concord,
California
| – | -$49K | -2,447 | Closed |
|
FBIZ Hedge Fund Activity: Q2 2019 in Review
76 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q2 2019, worth a combined $130M — up 19% from $110M a quarter earlier.
Fund positioning in FBIZ was balanced in Q2 2019: 3 funds opened new positions, 3 closed out, 34 added to existing stakes and 20 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $795K. The largest seller was PL Capital Advisors, cutting an estimated $790K.
- 76 institutional investors held First Business Financial Services (FBIZ) as of Q2 2019, down from 78 in Q1 2019.
- Funds reported $130M of First Business Financial Services stock for Q2 2019, up 19% quarter-over-quarter.
- 3 funds opened new First Business Financial Services positions in Q2 2019 and 3 closed out, a net change of 0 holders.
- The largest First Business Financial Services buyer in Q2 2019 was Nuveen, an estimated $795K added.
- The largest First Business Financial Services seller in Q2 2019 was PL Capital Advisors, an estimated $790K sold.
Based on aggregated 13F filings for Q2 2019.