First Business Financial Services
FBIZ
73 hedge funds and large institutions have $77.2M invested in First Business Financial Services in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 16 increasing their positions, 39 reducing their positions, and 10 closing their positions.
1.39% less ownership
Funds ownership: 64.68% → 63.29% (-1.4%)
10% less funds holding
Funds holding: 81 → 73 (-8)
15% less capital invested
Capital invested by funds: $90.5M → $77.2M (-$13.3M)
59% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 39
80% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 10
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
AllianceBernstein
Nashville,
Tennessee
| – | -$169K | -10,300 | Closed |
|
|
ZCM
77
Zebra Capital Management
Stamford,
Connecticut
| – | -$167K | -10,198 | Closed |
|
|
BFIM
78
Beese Fulmer Investment Management
Canton,
Ohio
| – | -$78K | -4,750 | Closed |
|
|
RA
79
Royce & Associates
New York
| – | -$33K | -2,025 | Closed |
|
80
Russell Investments Group
London,
United Kingdom
| – | -$29K | -1,800 | Closed |
|
81
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$1K | -86 | Closed |
|
|
OSAM
82
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$1K | -67 | Closed |
|
FBIZ Hedge Fund Activity: Q3 2020 in Review
73 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q3 2020, worth a combined $77.2M — down 15% from $90.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FBIZ and 2 opened new positions — a net loss of 8 holders — while 39 trimmed existing stakes and 16 added.
The largest buyer was Banc Funds Company, adding an estimated $603K. The largest seller was Jacobs Levy Equity Management, exiting entirely with an estimated $385K sold.
- 73 institutional investors held First Business Financial Services (FBIZ) as of Q3 2020, down from 81 in Q2 2020.
- Funds reported $77.2M of First Business Financial Services stock for Q3 2020, down 15% quarter-over-quarter.
- 2 funds opened new First Business Financial Services positions in Q3 2020 and 10 closed out, a net change of -8 holders.
- The largest First Business Financial Services buyer in Q3 2020 was Banc Funds Company, an estimated $603K added.
- The largest First Business Financial Services seller in Q3 2020 was Jacobs Levy Equity Management, an estimated $385K sold.
Based on aggregated 13F filings for Q3 2020.