First Business Financial Services
FBIZ
79 hedge funds and large institutions have $143M invested in First Business Financial Services in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
32% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 22
7% more funds holding
Funds holding: 74 → 79 (+5)
2% more capital invested
Capital invested by funds: $139M → $143M (+$3.29M)
0.37% less ownership
Funds ownership: 63.05% → 62.68% (-0.37%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$1.16M |
| 2 |
Renaissance Technologies
New York
|
+$1.02M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$760K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$616K |
| 5 |
Millennium Management
New York
|
+$576K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.75M |
| 2 |
Mariner
Overland Park,
Kansas
|
-$874K |
| 3 |
BCM
Buckhead Capital Management
Atlanta,
Georgia
|
-$831K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$423K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$160K |
FBIZ Hedge Fund Activity: Q2 2018 in Review
79 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q2 2018, worth a combined $143M — up 2.4% from $139M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FBIZ positions and 4 closed out — a net gain of 5 holders — while 29 added to existing stakes and 22 trimmed.
The largest buyer was Pacific Ridge Capital Partners, adding an estimated $1.16M. The largest seller was Wellington Management Group, cutting an estimated $6.75M.
- 79 institutional investors held First Business Financial Services (FBIZ) as of Q2 2018, up from 74 in Q1 2018.
- Funds reported $143M of First Business Financial Services stock for Q2 2018, up 2.4% quarter-over-quarter.
- 9 funds opened new First Business Financial Services positions in Q2 2018 and 4 closed out, a net change of +5 holders.
- The largest First Business Financial Services buyer in Q2 2018 was Pacific Ridge Capital Partners, an estimated $1.16M added.
- The largest First Business Financial Services seller in Q2 2018 was Wellington Management Group, an estimated $6.75M sold.
Based on aggregated 13F filings for Q2 2018.