First Business Financial Services
FBIZ
80 hedge funds and large institutions have $134M invested in First Business Financial Services in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 34 increasing their positions, 19 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
79% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 19
5% more funds holding
Funds holding: 76 → 80 (+4)
3% more capital invested
Capital invested by funds: $130M → $134M (+$3.68M)
0.99% more ownership
Funds ownership: 63.32% → 64.32% (+0.99%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$673K |
| 2 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
+$516K |
| 3 |
GC
Globeflex Capital
San Diego,
California
|
+$480K |
| 4 |
WG
Winton Group
London,
United Kingdom
|
+$475K |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$436K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.81M |
| 2 |
PCA
PL Capital Advisors
Naples,
Florida
|
-$1.07M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$452K |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$218K |
| 5 |
Millennium Management
New York
|
-$146K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
76
Advisor Group
Phoenix,
Arizona
| $15K | +$4.3K | +183 | +41% |
|
|
SFS
77
Sowell Financial Services
North Little Rock,
Arkansas
| $14K | +$14K | +596 | New |
|
|
PAM
78
Panagora Asset Management
Boston,
Massachusetts
| $10K | -$22.3K | -946 | -70% |
|
|
AP
79
Atwood & Palmer
Kansas City,
Missouri
| $5K | – | – | – |
|
|
CAW
80
Cornerstone Advisors (Washington)
Bellevue,
Washington
| $1K | – | – | – |
|
|
ROC
81
River Oaks Capital
Wayzata,
Minnesota
| – | -$139K | -5,900 | Closed |
|
82
SG Americas Securities
New York
| – | -$118K | -5,019 | Closed |
|
83
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2K | -117 | Closed |
|
84
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$1K | -56 | Closed |
|
|
LC
85
Lindbrook Capital
Calabasas,
California
| – | -$1K | -44 | Closed |
|
FBIZ Hedge Fund Activity: Q3 2019 in Review
80 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q3 2019, worth a combined $134M — up 2.8% from $130M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FBIZ positions and 5 closed out — a net gain of 4 holders — while 34 added to existing stakes and 19 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $673K. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $3.81M.
- 80 institutional investors held First Business Financial Services (FBIZ) as of Q3 2019, up from 76 in Q2 2019.
- Funds reported $134M of First Business Financial Services stock for Q3 2019, up 2.8% quarter-over-quarter.
- 9 funds opened new First Business Financial Services positions in Q3 2019 and 5 closed out, a net change of +4 holders.
- The largest First Business Financial Services buyer in Q3 2019 was Renaissance Technologies, an estimated $673K added.
- The largest First Business Financial Services seller in Q3 2019 was Manulife (Manufacturers Life Insurance), an estimated $3.81M sold.
Based on aggregated 13F filings for Q3 2019.