First Business Financial Services
FBIZ
69 hedge funds and large institutions have $118M invested in First Business Financial Services in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
44% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 18
10% more funds holding
Funds holding: 63 → 69 (+6)
1.63% more ownership
Funds ownership: 59.14% → 60.77% (+1.6%)
0% more capital invested
Capital invested by funds: $117M → $118M (+$466K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$1.79M |
| 2 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
+$1.02M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$587K |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$402K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$368K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$3M |
| 2 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$734K |
| 3 |
MCM
Maltese Capital Management
New York
|
-$387K |
| 4 |
Renaissance Technologies
New York
|
-$246K |
| 5 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$202K |
FBIZ Hedge Fund Activity: Q4 2017 in Review
69 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q4 2017, worth a combined $118M — up 0.4% from $117M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FBIZ positions and 3 closed out — a net gain of 6 holders — while 26 added to existing stakes and 18 trimmed.
The largest buyer was M3F Inc, adding an estimated $1.79M. The largest seller was Wellington Management Group, cutting an estimated $3M.
- 69 institutional investors held First Business Financial Services (FBIZ) as of Q4 2017, up from 63 in Q3 2017.
- Funds reported $118M of First Business Financial Services stock for Q4 2017, up 0.4% quarter-over-quarter.
- 9 funds opened new First Business Financial Services positions in Q4 2017 and 3 closed out, a net change of +6 holders.
- The largest First Business Financial Services buyer in Q4 2017 was M3F Inc, an estimated $1.79M added.
- The largest First Business Financial Services seller in Q4 2017 was Wellington Management Group, an estimated $3M sold.
Based on aggregated 13F filings for Q4 2017.