First Business Financial Services
FBIZ
81 hedge funds and large institutions have $90.5M invested in First Business Financial Services in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 27 increasing their positions, 33 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
5% more capital invested
Capital invested by funds: $86.1M → $90.5M (+$4.39M)
3% more funds holding
Funds holding: 79 → 81 (+2)
0.03% more ownership
Funds ownership: 64.65% → 64.68% (+0.03%)
18% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 33
Top Buyers
| 1 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$1.1M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
+$386K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$329K |
| 4 |
Goldman Sachs
New York
|
+$269K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$261K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
BNP Paribas Financial Markets
Paris,
France
| $7.65K | -$32.7K | -2,095 | -82% |
|
|
PAM
77
Panagora Asset Management
Boston,
Massachusetts
| $6K | +$1.84K | +118 | +50% |
|
|
AP
78
Atwood & Palmer
Kansas City,
Missouri
| $3K | – | – | – |
|
|
OSAM
79
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $1K | -$44.1K | -2,822 | -98% |
|
80
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | -$94 | -6 | -7% |
|
|
WAM
81
Wakefield Asset Management
Englewood,
Colorado
| – | -$381K | -24,601 | Closed |
|
82
Millennium Management
New York
| – | -$320K | -20,614 | Closed |
|
|
CAW
83
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$1K | -34 | Closed |
|
FBIZ Hedge Fund Activity: Q2 2020 in Review
81 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q2 2020, worth a combined $90.5M — up 5.1% from $86.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FBIZ positions and 3 closed out — a net gain of 2 holders — while 27 added to existing stakes and 33 trimmed.
The largest buyer was Pacific Ridge Capital Partners, adding an estimated $1.1M. The largest seller was Renaissance Technologies, cutting an estimated $505K.
- 81 institutional investors held First Business Financial Services (FBIZ) as of Q2 2020, up from 79 in Q1 2020.
- Funds reported $90.5M of First Business Financial Services stock for Q2 2020, up 5.1% quarter-over-quarter.
- 5 funds opened new First Business Financial Services positions in Q2 2020 and 3 closed out, a net change of +2 holders.
- The largest First Business Financial Services buyer in Q2 2020 was Pacific Ridge Capital Partners, an estimated $1.1M added.
- The largest First Business Financial Services seller in Q2 2020 was Renaissance Technologies, an estimated $505K sold.
Based on aggregated 13F filings for Q2 2020.