First Business Financial Services
FBIZ
79 hedge funds and large institutions have $86.1M invested in First Business Financial Services in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 25 increasing their positions, 37 reducing their positions, and 4 closing their positions.
0.46% less ownership
Funds ownership: 65.11% → 64.65% (-0.46%)
4% less funds holding
Funds holding: 82 → 79 (-3)
32% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 37
42% less capital invested
Capital invested by funds: $147M → $86.1M (-$61.2M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$1.19M |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$461K |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$256K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$174K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$159K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FBFS
First Business Financial Services
Madison,
Wisconsin
|
-$344K |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
-$342K |
| 3 |
JP Morgan Chase
New York
|
-$285K |
| 4 |
Goldman Sachs
New York
|
-$283K |
| 5 |
Morgan Stanley
New York
|
-$261K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AP
76
Atwood & Palmer
Kansas City,
Missouri
| $3K | – | – | – |
|
77
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | -$23 | -1 | -1% |
|
|
CAW
78
Cornerstone Advisors (Washington)
Bellevue,
Washington
| $1K | – | – | – |
|
|
79
Goldman Sachs
New York
| – | -$283K | -10,751 | Closed |
|
80
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$251K | -9,548 | Closed |
|
81
AllianceBernstein
Nashville,
Tennessee
| – | -$216K | -8,200 | Closed |
|
82
Squarepoint
New York
| – | -$209K | -7,947 | Closed |
|
FBIZ Hedge Fund Activity: Q1 2020 in Review
79 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q1 2020, worth a combined $86.1M — down 42% from $147M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FBIZ and 2 opened new positions — a net loss of 2 holders — while 37 trimmed existing stakes and 25 added.
The largest buyer was Franklin Resources, opening a new position worth an estimated $1.19M. The largest seller was First Business Financial Services, cutting an estimated $344K.
- 79 institutional investors held First Business Financial Services (FBIZ) as of Q1 2020, down from 82 in Q4 2019.
- Funds reported $86.1M of First Business Financial Services stock for Q1 2020, down 42% quarter-over-quarter.
- 2 funds opened new First Business Financial Services positions in Q1 2020 and 4 closed out, a net change of -2 holders.
- The largest First Business Financial Services buyer in Q1 2020 was Franklin Resources, an estimated $1.19M added.
- The largest First Business Financial Services seller in Q1 2020 was First Business Financial Services, an estimated $344K sold.
Based on aggregated 13F filings for Q1 2020.