First Business Financial Services
FBIZ
68 hedge funds and large institutions have $89.5M 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.
131% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 13
39% more capital inflows, than outflows
Capital inflows: $7.98M | Capital outflows: $5.72M
0.99% more ownership
Funds ownership: 50.3% → 51.29% (+0.99%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 72 → 68 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$1.35M |
| 2 |
Eaton Vance Management
Boston,
Massachusetts
|
+$943K |
| 3 |
Martingale Asset Management
Boston,
Massachusetts
|
+$853K |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$552K |
| 5 |
Renaissance Technologies
New York
|
+$522K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.34M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$706K |
| 3 |
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$621K |
| 4 |
Panagora Asset Management
Boston,
Massachusetts
|
-$410K |
| 5 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
-$358K |
FBIZ Hedge Fund Activity: Q3 2014 in Review
68 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q3 2014, worth a combined $89.5M — down 4.1% from $93.3M 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 $89.5M of First Business Financial Services stock for Q3 2014, down 4.1% 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.