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First Business Financial Services

43 hedge funds and large institutions have $65.1M invested in First Business Financial Services in 2013 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

433% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 3

133% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 6

43% more funds holding

Funds holding: 3043 (+13)

17% more capital invested

Capital invested by funds: $55.7M → $65.1M (+$9.43M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
43
Holders Change
+13
Holders Change %
+43.33%
% of All Funds
1.25%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
16
Increased
14
Reduced
6
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BFC
1
Banc Funds Company
Illinois
$11.3M
FBFS
2
First Business Financial Services
Wisconsin
$7.78M +$912K +51,284 +14%
MI
3
M3F Inc
Utah
$7.14M -$5.27M -296,466 -44%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$6.45M -$1.61M -90,800 -21%
MCM
5
Maltese Capital Management
New York
$4.44M +$3.31M +186,200 +372%
PAIM
6
Punch & Associates Investment Management
Minnesota
$3.46M +$44.4K +2,500 +1%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$2.53M +$56.3K +3,166 +2%
EMFAT
8
Emerald Mutual Fund Advisers Trust
Pennsylvania
$1.93M +$893K +50,250 +100%
HHC
9
Hutchin Hill Capital
New York
$1.93M
EA
10
Emerald Advisers
Pennsylvania
$1.91M
EPCA
11
Elizabeth Park Capital Advisors
Ohio
$1.85M +$1.75M +98,526 New
Vanguard Group
12
Vanguard Group
Pennsylvania
$1.82M +$408K +22,956 +31%
BCM
13
Bridgeway Capital Management
Texas
$1.71M +$300K +16,900 +23%
EVC
14
Eidelman Virant Capital
Missouri
$1.62M -$1.62M -91,198 -51%
PCA
15
PL Capital Advisors
Florida
$1.47M +$29.1K +1,636 +2%
FMI
16
Fiduciary Management Inc
Wisconsin
$939K
HCA
17
Hovde Capital Advisors
Wisconsin
$936K +$99.4K +5,592 +13%
Wells Fargo
18
Wells Fargo
California
$881K +$18K +1,014 +2%
CAM
19
Cubic Asset Management
Massachusetts
$675K -$99.5K -5,600 -13%
AWCI
20
Alpine Woods Capital Investors
New York
$618K -$217K -12,200 -27%
BIT
21
BlackRock Institutional Trust
California
$455K +$289K +16,264 +205%
Bank of Montreal
22
Bank of Montreal
Ontario, Canada
$440K +$202K +11,354 +94%
LSV Asset Management
23
LSV Asset Management
Illinois
$425K +$402K +22,600 New
BFA
24
BlackRock Fund Advisors
California
$420K +$16.7K +940 +4%
SWM
25
SVA Wealth Management
Wisconsin
$417K +$394K +22,176 New

FBIZ Hedge Fund Activity: Q4 2013 in Review

43 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q4 2013, worth a combined $65.1M — up 17% from $55.7M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FBIZ positions and 3 closed out — a net gain of 13 holders — while 14 added to existing stakes and 6 trimmed.

The largest buyer was Maltese Capital Management, adding an estimated $3.31M. The largest seller was M3F Inc, cutting an estimated $5.27M.

  • 43 institutional investors held First Business Financial Services (FBIZ) as of Q4 2013, up from 30 in Q3 2013.
  • Funds reported $65.1M of First Business Financial Services stock for Q4 2013, up 17% quarter-over-quarter.
  • 16 funds opened new First Business Financial Services positions in Q4 2013 and 3 closed out, a net change of +13 holders.
  • The largest First Business Financial Services buyer in Q4 2013 was Maltese Capital Management, an estimated $3.31M added.
  • The largest First Business Financial Services seller in Q4 2013 was M3F Inc, an estimated $5.27M sold.

Based on aggregated 13F filings for Q4 2013.