First Business Financial Services
FBIZ
84 hedge funds and large institutions have $195M invested in First Business Financial Services in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 6 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
0.12% more ownership
Funds ownership: 62.42% → 62.54% (+0.12%)
0% more funds holding
Funds holding: 84 → 84 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
6% less capital invested
Capital invested by funds: $208M → $195M (-$13.4M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$290K |
| 2 |
State Street
Boston,
Massachusetts
|
+$280K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$278K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$270K |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
+$240K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.28M |
| 2 |
BlackRock
New York
|
-$882K |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$733K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$381K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$259K |
FBIZ Hedge Fund Activity: Q1 2024 in Review
84 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q1 2024, worth a combined $195M — down 6.4% from $208M a quarter earlier.
Fund positioning in FBIZ was balanced in Q1 2024: 6 funds opened new positions, 6 closed out, 30 added to existing stakes and 24 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $290K. The largest seller was Morgan Stanley, cutting an estimated $1.28M.
- 84 institutional investors held First Business Financial Services (FBIZ) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $195M of First Business Financial Services stock for Q1 2024, down 6.4% quarter-over-quarter.
- 6 funds opened new First Business Financial Services positions in Q1 2024 and 6 closed out, a net change of 0 holders.
- The largest First Business Financial Services buyer in Q1 2024 was JP Morgan Chase, an estimated $290K added.
- The largest First Business Financial Services seller in Q1 2024 was Morgan Stanley, an estimated $1.28M sold.
Based on aggregated 13F filings for Q1 2024.