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First Business Financial Services

68 hedge funds and large institutions have $85.7M invested in First Business Financial Services in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 30 increasing their positions, 13 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

131% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 13

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

6% less funds holding

Funds holding: 7268 (-4)

7% less capital invested

Capital invested by funds: $92.5M → $85.7M (-$6.78M)

40% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 10

Holders
68
Holders Change
-4
Holders Change %
-5.56%
% of All Funds
1.97%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
6
Increased
30
Reduced
13
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BFC
1
Banc Funds Company
Illinois
$13.2M
FBFS
2
First Business Financial Services
Wisconsin
$9.91M +$329K +14,620 +3%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$5.78M -$216K -9,600 -4%
BFA
4
BlackRock Fund Advisors
California
$4.18M -$242K -10,746 -5%
PAIM
5
Punch & Associates Investment Management
Minnesota
$3.63M +$45 +2 +0%
HHC
6
Hutchin Hill Capital
New York
$3.39M +$312K +13,856 +10%
EPCA
7
Elizabeth Park Capital Advisors
Ohio
$3.18M +$16K +712 +0.5%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$2.86M -$261K -11,598 -8%
Vanguard Group
9
Vanguard Group
Pennsylvania
$2.56M +$143K +6,340 +6%
BCM
10
Bridgeway Capital Management
Texas
$1.99M
Renaissance Technologies
11
Renaissance Technologies
New York
$1.77M +$522K +23,200 +40%
EI
12
EAM Investors
California
$1.74M
EVM
13
Eaton Vance Management
Massachusetts
$1.66M +$943K +41,890 +125%
State Street
14
State Street
Massachusetts
$1.65M +$123K +5,470 +8%
PCA
15
PL Capital Advisors
Florida
$1.59M
Northern Trust
16
Northern Trust
Illinois
$1.53M +$1.35M +59,772 +605%
BIT
17
BlackRock Institutional Trust
California
$1.48M -$13.5K -598 -0.9%
JP Morgan Chase
18
JP Morgan Chase
New York
$1.47M
MCM
19
Maltese Capital Management
New York
$1.44M -$324K -14,400 -18%
EVC
20
Eidelman Virant Capital
Missouri
$1.4M
EMFAT
21
Emerald Mutual Fund Advisers Trust
Pennsylvania
$1.29M
Wells Fargo
22
Wells Fargo
California
$1.1M -$706K -31,372 -38%
FMI
23
Fiduciary Management Inc
Wisconsin
$1.09M
EA
24
Emerald Advisers
Pennsylvania
$1.07M
LSV Asset Management
25
LSV Asset Management
Illinois
$1.06M

FBIZ Hedge Fund Activity: Q3 2014 in Review

68 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q3 2014, worth a combined $85.7M — down 7.3% from $92.5M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of FBIZ and 6 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 30 added.

The largest buyer was Northern Trust, adding an estimated $1.35M. The largest seller was TFS Capital, exiting entirely with an estimated $1.34M sold.

  • 68 institutional investors held First Business Financial Services (FBIZ) as of Q3 2014, down from 72 in Q2 2014.
  • Funds reported $85.7M of First Business Financial Services stock for Q3 2014, down 7.3% quarter-over-quarter.
  • 6 funds opened new First Business Financial Services positions in Q3 2014 and 10 closed out, a net change of -4 holders.
  • The largest First Business Financial Services buyer in Q3 2014 was Northern Trust, an estimated $1.35M added.
  • The largest First Business Financial Services seller in Q3 2014 was TFS Capital, an estimated $1.34M sold.

Based on aggregated 13F filings for Q3 2014.