First Business Financial Services
FBIZ
74 hedge funds and large institutions have $139M invested in First Business Financial Services in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 23 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
18% more capital invested
Capital invested by funds: $118M → $139M (+$21.7M)
7% more funds holding
Funds holding: 69 → 74 (+5)
2.29% more ownership
Funds ownership: 60.77% → 63.05% (+2.3%)
4% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 23
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$1.61M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1M |
| 3 |
Mariner
Overland Park,
Kansas
|
+$836K |
| 4 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$735K |
| 5 |
ROC
River Oaks Capital
Wayzata,
Minnesota
|
+$680K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$507K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$399K |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$183K |
| 4 |
JP Morgan Chase
New York
|
-$179K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$169K |
FBIZ Hedge Fund Activity: Q1 2018 in Review
74 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q1 2018, worth a combined $139M — up 18% from $118M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FBIZ positions and 1 closed out — a net gain of 6 holders — while 22 added to existing stakes and 23 trimmed.
The largest buyer was Pacific Ridge Capital Partners, opening a new position worth an estimated $1.61M. The largest seller was Wellington Management Group, cutting an estimated $507K.
- 74 institutional investors held First Business Financial Services (FBIZ) as of Q1 2018, up from 69 in Q4 2017.
- Funds reported $139M of First Business Financial Services stock for Q1 2018, up 18% quarter-over-quarter.
- 7 funds opened new First Business Financial Services positions in Q1 2018 and 1 closed out, a net change of +6 holders.
- The largest First Business Financial Services buyer in Q1 2018 was Pacific Ridge Capital Partners, an estimated $1.61M added.
- The largest First Business Financial Services seller in Q1 2018 was Wellington Management Group, an estimated $507K sold.
Based on aggregated 13F filings for Q1 2018.