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First Business Financial Services

71 hedge funds and large institutions have $121M invested in First Business Financial Services in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 18 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 18

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

58.44% more ownership

Funds ownership: 0%58.44% (+58%)

1% more funds holding

Funds holding: 7071 (+1)

4% more capital invested

Capital invested by funds: $117M → $121M (+$4.11M)

Holders
71
Holders Change
+1
Holders Change %
+1.43%
% of All Funds
1.77%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
8
Increased
32
Reduced
18
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BFC
1
Banc Funds Company
Illinois
$17.5M +$1.11M +50,000 +7%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$12.5M +$2.26M +101,621 +24%
Manulife (Manufacturers Life Insurance)
3
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$11.3M +$237K +10,694 +2%
FBFS
4
First Business Financial Services
Wisconsin
$9.66M +$258K +11,605 +3%
PAIM
5
Punch & Associates Investment Management
Minnesota
$7.39M -$2.1M -94,384 -23%
BFA
6
BlackRock Fund Advisors
California
$6.47M +$865K +38,966 +17%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$4.79M +$106K +4,775 +2%
Vanguard Group
8
Vanguard Group
Pennsylvania
$4.21M +$168K +7,587 +4%
LSV Asset Management
9
LSV Asset Management
Illinois
$3.99M +$382K +17,200 +11%
Renaissance Technologies
10
Renaissance Technologies
New York
$3.67M +$576K +25,922 +20%
State Street
11
State Street
Massachusetts
$3.21M +$97.5K +4,393 +3%
JP Morgan Chase
12
JP Morgan Chase
New York
$3.08M +$607K +27,345 +27%
EMFAT
13
Emerald Mutual Fund Advisers Trust
Pennsylvania
$2.84M
BCM
14
Bridgeway Capital Management
Texas
$2.38M
RHCA
15
Rosenthal Henry Capital Advisors
Indiana
$2.13M +$2M +90,000 New
BIT
16
BlackRock Institutional Trust
California
$2.02M
Northern Trust
17
Northern Trust
Illinois
$1.97M +$12.7K +574 +0.7%
Wells Fargo
18
Wells Fargo
California
$1.91M +$436K +19,625 +32%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$1.36M +$12K +539 +0.9%
HHC
20
Hutchin Hill Capital
New York
$1.22M -$2.29M -103,039 -67%
Federated Hermes
21
Federated Hermes
Pennsylvania
$1.17M +$179K +8,047 +19%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$1.02M +$143K +6,421 +18%
MAM
23
Martingale Asset Management
Massachusetts
$957K +$33.3K +1,500 +4%
BCM
24
Buckhead Capital Management
Georgia
$833K +$141K +6,335 +22%
BIM
25
BlackRock Investment Management
Delaware
$827K -$18.4K -829 -2%

FBIZ Hedge Fund Activity: Q4 2016 in Review

71 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q4 2016, worth a combined $121M — up 3.5% from $117M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new FBIZ positions and 5 closed out — a net gain of 3 holders — while 32 added to existing stakes and 18 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $2.26M. The largest seller was Elizabeth Park Capital Advisors, exiting entirely with an estimated $3M sold.

  • 71 institutional investors held First Business Financial Services (FBIZ) as of Q4 2016, up from 70 in Q3 2016.
  • Funds reported $121M of First Business Financial Services stock for Q4 2016, up 3.5% quarter-over-quarter.
  • 8 funds opened new First Business Financial Services positions in Q4 2016 and 5 closed out, a net change of +3 holders.
  • The largest First Business Financial Services buyer in Q4 2016 was Wellington Management Group, an estimated $2.26M added.
  • The largest First Business Financial Services seller in Q4 2016 was Elizabeth Park Capital Advisors, an estimated $3M sold.

Based on aggregated 13F filings for Q4 2016.