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First Business Financial Services
FBIZ

90 hedge funds and large institutions have $172M invested in First Business Financial Services in 2022 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 32 increasing their positions, 19 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 9

68% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 19

17% more funds holding

Funds holding: 77 → 90 (+13)

3.4% more ownership

Funds ownership: 61.81% → 65.21% (+3.4%)

1% more capital invested

Capital invested by funds: $171M → $172M (+$1.3M)

67% less funds holding in top 10

Funds holding in top 10: 3 → 1 (-2)

Holders
90
Holders Change
+13
Holders Change %
+16.88%
% of All Funds
1.52%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
24
Increased
32
Reduced
19
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
BlackRock
BlackRock
New York
+$11.7M
2
Geode Capital Management
Geode Capital Management
Massachusetts
+$2.11M
3
BFC
Banc Funds Company
Illinois
+$1.95M
4
State Street
State Street
Massachusetts
+$1.82M
5
Northern Trust
Northern Trust
Illinois
+$1.78M

Top Sellers

1
FL
Fourthstone LLC
Missouri
-$5.57M
2
Millennium Management
Millennium Management
New York
-$3.73M
3
PRCP
Pacific Ridge Capital Partners
Oregon
-$3.3M
4
BCM
BHZ Capital Management
California
-$2.6M
5
BGIM
Brandywine Global Investment Management
Pennsylvania
-$2.37M
Name Holding Trade Value Shares
Change 		Change in
Stake
Lazard Asset Management
76
Lazard Asset Management
New York
$28K – – –
Ohio Public Employees Retirement System (OPERS)
77
Ohio Public Employees Retirement System (OPERS)
Ohio
$28K – – –
Osaic Holdings
78
Osaic Holdings
Arizona
$27K +$14.8K +442 +103%
Legal & General Group
79
Legal & General Group
United Kingdom
$21K +$22.2K +666 New
AIP
80
Ameritas Investment Partners
Nebraska
$18K +$20.1K +601 New
Citigroup
81
Citigroup
New York
$16K -$132K -3,960 -89%
MLICM
82
Metropolitan Life Insurance Company (MetLife)
New York
$15.5K +$16.6K +496 New
HI
83
Harbour Investments
Wisconsin
$10K +$10.3K +308 New
UBS Group
84
UBS Group
Switzerland
$6K -$31.6K -947 -83%
AP
85
Atwood & Palmer
Missouri
$6K – – –
Fidelity Investments
86
Fidelity Investments
Massachusetts
$3K – – –
JC
87
JCSD Capital
California
$3K – – –
Wells Fargo
88
Wells Fargo
California
$3K +$1.74K +52 +116%
CAPTRUST Financial Advisors
89
CAPTRUST Financial Advisors
North Carolina
$1K – – –
FL
90
Fourthstone LLC
Missouri
– -$5.57M -169,616 Closed
BGIM
91
Brandywine Global Investment Management
Pennsylvania
– -$2.37M -72,216 Closed
KCM
92
Kennedy Capital Management
Missouri
– -$654K -19,918 Closed
Jane Street
93
Jane Street
New York
– -$335K -10,203 Closed
Man Group
94
Man Group
United Kingdom
– -$328K -9,998 Closed
6CM
95
683 Capital Management
New York
– -$292K -8,889 Closed
Connor, Clark & Lunn Investment Management (CC&L)
96
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
– -$257K -7,841 Closed
Russell Investments Group
97
Russell Investments Group
United Kingdom
– -$98K -3,005 Closed
PNC Financial Services Group
98
PNC Financial Services Group
Pennsylvania
– -$1K -35 Closed
CS
99
Credit Suisse
Switzerland
– +$134 +4 New
1 2 3
4

FBIZ Hedge Fund Activity: Q2 2022 in Review

90 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q2 2022, worth a combined $172M — up 0.76% from $171M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new FBIZ positions and 9 closed out — a net gain of 15 holders — while 32 added to existing stakes and 19 trimmed.

The largest buyer was BlackRock, adding an estimated $11.7M. The largest seller was Fourthstone LLC, exiting entirely with an estimated $5.57M sold.

  • 90 institutional investors held First Business Financial Services (FBIZ) as of Q2 2022, up from 77 in Q1 2022.
  • Funds reported $172M of First Business Financial Services stock for Q2 2022, up 0.76% quarter-over-quarter.
  • 24 funds opened new First Business Financial Services positions in Q2 2022 and 9 closed out, a net change of +15 holders.
  • The largest First Business Financial Services buyer in Q2 2022 was BlackRock, an estimated $11.7M added.
  • The largest First Business Financial Services seller in Q2 2022 was Fourthstone LLC, an estimated $5.57M sold.

Based on aggregated 13F filings for Q2 2022.