We are live on ! Find out more
FBIZ icon

First Business Financial Services
FBIZ

85 hedge funds and large institutions have $163M invested in First Business Financial Services in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 34 increasing their positions, 27 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 27

0.22% more ownership

Funds ownership: 63.69% → 63.91% (+0.22%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

4% less funds holding

Funds holding: 89 → 85 (-4)

8% less capital invested

Capital invested by funds: $177M → $163M (-$14.2M)

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6

Holders
85
Holders Change
-4
Holders Change %
-4.49%
% of All Funds
1.35%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
2
Increased
34
Reduced
27
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PRCP
Pacific Ridge Capital Partners
Oregon
+$662K
2
Federated Hermes
Federated Hermes
Pennsylvania
+$650K
3
LSV Asset Management
LSV Asset Management
Illinois
+$499K
4
American Century Companies
American Century Companies
Missouri
+$360K
5
CCM
Cutler Capital Management
Massachusetts
+$331K

Top Sellers

Rank Fund Capital Flow
1
EI
EAM Investors
California
-$1.18M
2
AQR Capital Management
AQR Capital Management
Connecticut
-$787K
3
Acadian Asset Management
Acadian Asset Management
Massachusetts
-$507K
4
Wells Fargo
Wells Fargo
California
-$428K
5
PAM
Panagora Asset Management
Massachusetts
-$413K
Name Holding Trade Value Shares
Change 		Change in
Stake
Fidelity Investments
76
Fidelity Investments
Massachusetts
$20.4K +$18.8K +548 +453%
AIP
77
Ameritas Investment Partners
Nebraska
$18.3K – – –
MLICM
78
Metropolitan Life Insurance Company (MetLife)
New York
$15.1K – – –
TRCT
79
Tower Research Capital (TRC)
New York
$12K -$67.6K -1,975 -84%
ACM
80
Aquatic Capital Management
Illinois
$12K +$3.42K +100 +33%
HI
81
Harbour Investments
Wisconsin
$9.4K – – –
AP
82
Atwood & Palmer
Missouri
$6.1K – – –
Osaic Holdings
83
Osaic Holdings
Arizona
$4.48K – – –
C
84
Covestor
United Kingdom
$3K +$753 +22 +31%
Citigroup
85
Citigroup
New York
$1.31K -$651 -19 -31%
EI
86
EAM Investors
California
– -$1.18M -32,334 Closed
AQR Capital Management
87
AQR Capital Management
Connecticut
– -$787K -21,544 Closed
1IA
88
1834 Investment Advisors
Wisconsin
– -$228K -6,238 Closed
D.E. Shaw & Co
89
D.E. Shaw & Co
New York
– -$226K -6,180 Closed
LCM
90
Legato Capital Management
California
– -$216K -5,919 Closed
JC
91
JCSD Capital
California
– -$3.65K -100 Closed
1 2 3
4

FBIZ Hedge Fund Activity: Q1 2023 in Review

85 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q1 2023, worth a combined $163M — down 8% from $177M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of FBIZ and 2 opened new positions — a net loss of 4 holders — while 27 trimmed existing stakes and 34 added.

The largest buyer was Pacific Ridge Capital Partners, adding an estimated $662K. The largest seller was EAM Investors, exiting entirely with an estimated $1.18M sold.

  • 85 institutional investors held First Business Financial Services (FBIZ) as of Q1 2023, down from 89 in Q4 2022.
  • Funds reported $163M of First Business Financial Services stock for Q1 2023, down 8% quarter-over-quarter.
  • 2 funds opened new First Business Financial Services positions in Q1 2023 and 6 closed out, a net change of -4 holders.
  • The largest First Business Financial Services buyer in Q1 2023 was Pacific Ridge Capital Partners, an estimated $662K added.
  • The largest First Business Financial Services seller in Q1 2023 was EAM Investors, an estimated $1.18M sold.

Based on aggregated 13F filings for Q1 2023.