First Business Financial Services
FBIZ
76 hedge funds and large institutions have $144M invested in First Business Financial Services in 2021 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 11 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 21
3% more capital invested
Capital invested by funds: $140M → $144M (+$4.03M)
1.52% less ownership
Funds ownership: 60.35% → 58.83% (-1.5%)
3% less funds holding
Funds holding: 78 → 76 (-2)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$1.03M |
| 2 |
Goldman Sachs
New York
|
+$664K |
| 3 |
BlackRock
New York
|
+$657K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$611K |
| 5 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$553K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$5.31M |
| 2 |
Millennium Management
New York
|
-$1.62M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$891K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$775K |
| 5 |
Renaissance Technologies
New York
|
-$632K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1K | – | – | – |
|
|
PPA
77
Parametric Portfolio Associates
Seattle,
Washington
| – | -$775K | -28,645 | Closed |
|
|
QC
78
Quadrature Capital
London,
United Kingdom
| – | -$390K | -14,451 | Closed |
|
|
TEE
79
Tibra Equities Europe
London,
United Kingdom
| – | -$338K | -12,500 | Closed |
|
80
Jane Street
New York
| – | -$278K | -10,259 | Closed |
|
81
Citadel Advisors
Miami,
Florida
| – | -$263K | -9,740 | Closed |
|
|
ZCM
82
Zebra Capital Management
Stamford,
Connecticut
| – | -$248K | -9,159 | Closed |
|
|
JF
83
Jump Financial
Chicago,
Illinois
| – | -$246K | -9,100 | Closed |
|
84
JP Morgan Chase
New York
| – | -$109K | -4,009 | Closed |
|
|
PAM
85
Panagora Asset Management
Boston,
Massachusetts
| – | -$7K | -253 | Closed |
|
86
New York State Common Retirement Fund
Albany,
New York
| – | -$2K | -66 | Closed |
|
FBIZ Hedge Fund Activity: Q3 2021 in Review
76 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q3 2021, worth a combined $144M — up 2.9% from $140M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FBIZ and 9 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 24 added.
The largest buyer was Fourthstone LLC, adding an estimated $1.03M. The largest seller was Banc Funds Company, cutting an estimated $5.31M.
- 76 institutional investors held First Business Financial Services (FBIZ) as of Q3 2021, down from 78 in Q2 2021.
- Funds reported $144M of First Business Financial Services stock for Q3 2021, up 2.9% quarter-over-quarter.
- 9 funds opened new First Business Financial Services positions in Q3 2021 and 11 closed out, a net change of -2 holders.
- The largest First Business Financial Services buyer in Q3 2021 was Fourthstone LLC, an estimated $1.03M added.
- The largest First Business Financial Services seller in Q3 2021 was Banc Funds Company, an estimated $5.31M sold.
Based on aggregated 13F filings for Q3 2021.