First Business Financial Services
FBIZ
63 hedge funds and large institutions have $117M invested in First Business Financial Services in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 16 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
50% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 16
3% more funds holding
Funds holding: 61 → 63 (+2)
0.92% less ownership
Funds ownership: 60.06% → 59.14% (-0.92%)
3% less capital invested
Capital invested by funds: $121M → $117M (-$3.59M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$2.2M |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$612K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$381K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$236K |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.34M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$1.55M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$1.16M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$227K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$201K |
FBIZ Hedge Fund Activity: Q3 2017 in Review
63 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q3 2017, worth a combined $117M — down 3% from $121M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FBIZ positions and 3 closed out — a net gain of 2 holders — while 24 added to existing stakes and 16 trimmed.
The largest buyer was PL Capital Advisors, opening a new position worth an estimated $2.2M. The largest seller was Wellington Management Group, cutting an estimated $2.34M.
- 63 institutional investors held First Business Financial Services (FBIZ) as of Q3 2017, up from 61 in Q2 2017.
- Funds reported $117M of First Business Financial Services stock for Q3 2017, down 3% quarter-over-quarter.
- 5 funds opened new First Business Financial Services positions in Q3 2017 and 3 closed out, a net change of +2 holders.
- The largest First Business Financial Services buyer in Q3 2017 was PL Capital Advisors, an estimated $2.2M added.
- The largest First Business Financial Services seller in Q3 2017 was Wellington Management Group, an estimated $2.34M sold.
Based on aggregated 13F filings for Q3 2017.