First Business Financial Services
FBIZ
77 hedge funds and large institutions have $118M invested in First Business Financial Services in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 29 reducing their positions, and 7 closing their positions.
1% more capital invested
Capital invested by funds: $117M → $118M (+$934K)
3% less funds holding
Funds holding: 79 → 77 (-2)
10% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 29
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$752K |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$723K |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$614K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$361K |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$273K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.25M |
| 2 |
FBFS
First Business Financial Services
Madison,
Wisconsin
|
-$522K |
| 3 |
SWM
SVA Wealth Management
Madison,
Wisconsin
|
-$508K |
| 4 |
GC
Globeflex Capital
San Diego,
California
|
-$478K |
| 5 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$408K |
FBIZ Hedge Fund Activity: Q2 2016 in Review
77 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q2 2016, worth a combined $118M — up 0.8% from $117M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FBIZ and 6 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 26 added.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $752K. The largest seller was Wellington Management Group, cutting an estimated $1.25M.
- 77 institutional investors held First Business Financial Services (FBIZ) as of Q2 2016, down from 79 in Q1 2016.
- Funds reported $118M of First Business Financial Services stock for Q2 2016, up 0.8% quarter-over-quarter.
- 6 funds opened new First Business Financial Services positions in Q2 2016 and 7 closed out, a net change of -1 holder.
- The largest First Business Financial Services buyer in Q2 2016 was Manulife (Manufacturers Life Insurance), an estimated $752K added.
- The largest First Business Financial Services seller in Q2 2016 was Wellington Management Group, an estimated $1.25M sold.
Based on aggregated 13F filings for Q2 2016.