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First Business Financial Services

117 hedge funds and large institutions have $285M invested in First Business Financial Services in 2025 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 43 increasing their positions, 37 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 37

8% more capital invested

Capital invested by funds: $264M → $285M (+$21.2M)

8% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 13

1% more funds holding

Funds holding: 116117 (+1)

0.2% more ownership

Funds ownership: 67.46%67.66% (+0.2%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
117
Holders Change
+1
Holders Change %
+0.86%
% of All Funds
1.54%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
14
Increased
43
Reduced
37
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HCM
101
Hollencrest Capital Management
California
$31K +$19.5K +406 +198%
California State Teachers Retirement System (CalSTRS)
102
California State Teachers Retirement System (CalSTRS)
California
$28.9K
PD
103
Point72 (DIFC)
United Arab Emirates
$19.5K +$18.5K +385 New
GI
104
GAMMA Investing
California
$14.4K +$4.22K +88 +45%
AB
105
Amalgamated Bank
New York
$14K
HI
106
Harbour Investments
Wisconsin
$11.8K +$96 +2 +0.9%
VCM
107
Versant Capital Management
Arizona
$11.3K
SCM
108
Sterling Capital Management
North Carolina
$10.2K +$3.45K +72 +55%
IA
109
IFP Advisors
Florida
$7.85K +$767 +16 +14%
EP
110
Essential Partners
California
$1.87K +$1.77K +37 New
PNC Financial Services Group
111
PNC Financial Services Group
Pennsylvania
$1.72K
S
112
SignatureFD
Georgia
$1.22K -$240 -5 -17%
C
113
Covestor
United Kingdom
$1K -$527 -11 -28%
AF
114
Allworth Financial
California
$760 +$719 +15 New
PWA
115
Physician Wealth Advisors
Utah
$710
AssetMark Inc
116
AssetMark Inc
California
$405 +$384 +8 New
Nisa Investment Advisors
117
Nisa Investment Advisors
Missouri
$253 +$240 +5 New
EI
118
EAM Investors
California
-$831K -17,624 Closed
GCP
119
GSA Capital Partners
United Kingdom
-$372K -7,891 Closed
JFGIW
120
Johnson Financial Group Inc (Wisconsin)
Wisconsin
-$292K -6,196 Closed
PP
121
PDT Partners
New York
-$221K -4,691 Closed
IIM
122
INTECH Investment Management
Florida
-$209K -4,435 Closed
CF
123
Corebridge Financial
Texas
-$182K -3,859 Closed
SG Americas Securities
124
SG Americas Securities
New York
-$132K -2,804 Closed
PMAM
125
Picton Mahoney Asset Management
Ontario, Canada
-$21K -434 Closed

FBIZ Hedge Fund Activity: Q2 2025 in Review

117 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q2 2025, worth a combined $285M — up 8% from $264M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FBIZ positions and 13 closed out — a net gain of 1 holder — while 43 added to existing stakes and 37 trimmed.

The largest buyer was American Century Companies, adding an estimated $1.21M. The largest seller was BlackRock, cutting an estimated $2.8M.

  • 117 institutional investors held First Business Financial Services (FBIZ) as of Q2 2025, up from 116 in Q1 2025.
  • Funds reported $285M of First Business Financial Services stock for Q2 2025, up 8% quarter-over-quarter.
  • 14 funds opened new First Business Financial Services positions in Q2 2025 and 13 closed out, a net change of +1 holder.
  • The largest First Business Financial Services buyer in Q2 2025 was American Century Companies, an estimated $1.21M added.
  • The largest First Business Financial Services seller in Q2 2025 was BlackRock, an estimated $2.8M sold.

Based on aggregated 13F filings for Q2 2025.