First Business Financial Services
FBIZ
64 hedge funds and large institutions have $135M invested in First Business Financial Services in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 26 increasing their positions, 24 reducing their positions, and 7 closing their positions.
11% more capital invested
Capital invested by funds: $121M → $135M (+$13.8M)
1% more ownership
Funds ownership: 58.44% → 59.44% (+1%)
8% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 24
10% less funds holding
Funds holding: 71 → 64 (-7)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9.71M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.08M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$724K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$688K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$409K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$2.54M |
| 2 |
HHC
Hutchin Hill Capital
New York
|
-$1.22M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$698K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$453K |
| 5 |
JP Morgan Chase
New York
|
-$344K |
FBIZ Hedge Fund Activity: Q1 2017 in Review
64 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q1 2017, worth a combined $135M — up 11% from $121M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FBIZ and 4 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 26 added.
The largest buyer was BlackRock, adding an estimated $9.71M. The largest seller was Punch & Associates Investment Management, cutting an estimated $2.54M.
- 64 institutional investors held First Business Financial Services (FBIZ) as of Q1 2017, down from 71 in Q4 2016.
- Funds reported $135M of First Business Financial Services stock for Q1 2017, up 11% quarter-over-quarter.
- 4 funds opened new First Business Financial Services positions in Q1 2017 and 7 closed out, a net change of -3 holders.
- The largest First Business Financial Services buyer in Q1 2017 was BlackRock, an estimated $9.71M added.
- The largest First Business Financial Services seller in Q1 2017 was Punch & Associates Investment Management, an estimated $2.54M sold.
Based on aggregated 13F filings for Q1 2017.