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First Business Financial Services

72 hedge funds and large institutions have $92.5M invested in First Business Financial Services in 2014 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

333% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 6

38% more funds holding

Funds holding: 5272 (+20)

29% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 14

25% more capital invested

Capital invested by funds: $74.1M → $92.5M (+$18.4M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
72
Holders Change
+20
Holders Change %
+38.46%
% of All Funds
2.07%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
26
Increased
18
Reduced
14
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BFC
1
Banc Funds Company
Illinois
$14.2M
FBFS
2
First Business Financial Services
Wisconsin
$10.3M +$521K +22,558 +5%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$6.42M -$800K -34,646 -11%
BFA
4
BlackRock Fund Advisors
California
$4.74M +$4.07M +175,996 +692%
Manulife (Manufacturers Life Insurance)
5
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.01M +$88K +3,810 +2%
PAIM
6
Punch & Associates Investment Management
Minnesota
$3.88M -$305K -13,198 -7%
EPCA
7
Elizabeth Park Capital Advisors
Ohio
$3.39M +$719K +31,122 +27%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$3.34M +$173K +7,482 +6%
HHC
9
Hutchin Hill Capital
New York
$3.31M +$476K +20,610 +17%
Vanguard Group
10
Vanguard Group
Pennsylvania
$2.59M +$282K +12,218 +12%
BCM
11
Bridgeway Capital Management
Texas
$2.13M
Wells Fargo
12
Wells Fargo
California
$1.92M +$149K +6,456 +9%
MCM
13
Maltese Capital Management
New York
$1.88M -$2.2M -95,200 -54%
EI
14
EAM Investors
California
$1.86M +$1.83M +79,226 New
PCA
15
PL Capital Advisors
Florida
$1.7M -$129K -5,600 -7%
State Street
16
State Street
Massachusetts
$1.64M +$1.61M +69,638 New
BIT
17
BlackRock Institutional Trust
California
$1.6M +$1.12M +48,566 +248%
JP Morgan Chase
18
JP Morgan Chase
New York
$1.58M +$1.55M +67,100 New
EVC
19
Eidelman Virant Capital
Missouri
$1.5M -$32.8K -1,420 -2%
EMFAT
20
Emerald Mutual Fund Advisers Trust
Pennsylvania
$1.39M
Renaissance Technologies
21
Renaissance Technologies
New York
$1.35M +$698K +30,200 +111%
TC
22
TFS Capital
Pennsylvania
$1.34M +$1.32M +56,924 New
FMI
23
Fiduciary Management Inc
Wisconsin
$1.17M
EA
24
Emerald Advisers
Pennsylvania
$1.14M
LSV Asset Management
25
LSV Asset Management
Illinois
$1.14M +$102K +4,416 +10%

FBIZ Hedge Fund Activity: Q2 2014 in Review

72 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q2 2014, worth a combined $92.5M — up 25% from $74.1M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new FBIZ positions and 6 closed out — a net gain of 20 holders — while 18 added to existing stakes and 14 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $4.07M. The largest seller was Maltese Capital Management, cutting an estimated $2.2M.

  • 72 institutional investors held First Business Financial Services (FBIZ) as of Q2 2014, up from 52 in Q1 2014.
  • Funds reported $92.5M of First Business Financial Services stock for Q2 2014, up 25% quarter-over-quarter.
  • 26 funds opened new First Business Financial Services positions in Q2 2014 and 6 closed out, a net change of +20 holders.
  • The largest First Business Financial Services buyer in Q2 2014 was BlackRock Fund Advisors, an estimated $4.07M added.
  • The largest First Business Financial Services seller in Q2 2014 was Maltese Capital Management, an estimated $2.2M sold.

Based on aggregated 13F filings for Q2 2014.