First Business Financial Services
FBIZ
144 hedge funds and large institutions have $312M invested in First Business Financial Services in 2026 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 59 increasing their positions, 36 reducing their positions, and 11 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 36
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
4% more funds holding
Funds holding: 139 → 144 (+5)
0.54% more ownership
Funds ownership: 68.71% → 69.24% (+0.54%)
0% more capital invested
Capital invested by funds: $311M → $312M (+$1.09M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$2.33M |
| 2 |
Morgan Stanley
New York
|
+$1.38M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$1.29M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$1.29M |
| 5 |
State Street
Boston,
Massachusetts
|
+$870K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.96M |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$1.63M |
| 3 |
PCM
Poehling Capital Management
Madison,
Wisconsin
|
-$1.48M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$631K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$629K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
SG Americas Securities
New York
| – | -$149K | -2,751 | Closed |
|
|
AB
152
Amalgamated Bank
New York
| – | -$14K | -250 | Closed |
|
|
WT
153
Whittier Trust
South Pasadena,
California
| – | -$7.14K | -131 | Closed |
|
|
PWA
154
Physician Wealth Advisors
Midvale,
Utah
| – | -$761 | -14 | Closed |
|
|
CA
155
Clearstead Advisors
Cleveland,
Ohio
| – | -$55 | -1 | Closed |
|
FBIZ Hedge Fund Activity: Q1 2026 in Review
144 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q1 2026, worth a combined $312M — up 0.35% from $311M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FBIZ positions and 11 closed out — a net gain of 6 holders — while 59 added to existing stakes and 36 trimmed.
The largest buyer was Empowered Funds, opening a new position worth an estimated $2.33M. The largest seller was Geode Capital Management, cutting an estimated $1.96M.
- 144 institutional investors held First Business Financial Services (FBIZ) as of Q1 2026, up from 139 in Q4 2025.
- Funds reported $312M of First Business Financial Services stock for Q1 2026, up 0.35% quarter-over-quarter.
- 17 funds opened new First Business Financial Services positions in Q1 2026 and 11 closed out, a net change of +6 holders.
- The largest First Business Financial Services buyer in Q1 2026 was Empowered Funds, an estimated $2.33M added.
- The largest First Business Financial Services seller in Q1 2026 was Geode Capital Management, an estimated $1.96M sold.
Based on aggregated 13F filings for Q1 2026.