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First Business Financial Services

75 hedge funds and large institutions have $108M invested in First Business Financial Services in 2018 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 25 increasing their positions, 34 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding

Funds holding: 7575 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

0.18% less ownership

Funds ownership: 63.15%62.97% (-0.18%)

16% less capital invested

Capital invested by funds: $128M → $108M (-$20.2M)

26% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 34

Holders
75
Holders Change
Holders Change %
0%
% of All Funds
1.67%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
2
Increased
25
Reduced
34
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BFC
1
Banc Funds Company
Illinois
$13.2M -$1.02M -49,350 -7%
Manulife (Manufacturers Life Insurance)
2
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$9.77M -$66K -3,183 -0.6%
BlackRock
3
BlackRock
New York
$8.9M +$321K +15,471 +4%
Vanguard Group
4
Vanguard Group
Pennsylvania
$8.05M +$1.02M +49,381 +14%
FBFS
5
First Business Financial Services
Wisconsin
$7.74M +$203K +9,775 +3%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$6.92M +$534K +25,757 +8%
MI
7
M3F Inc
Utah
$4.42M +$797K +38,457 +20%
Renaissance Technologies
8
Renaissance Technologies
New York
$3.61M -$491K -23,700 -11%
State Street
9
State Street
Massachusetts
$3.36M -$50.2K -2,421 -1%
Northern Trust
10
Northern Trust
Illinois
$3.2M -$13.1K -632 -0.4%
LSV Asset Management
11
LSV Asset Management
Illinois
$3.08M -$28K -1,352 -0.8%
BCM
12
BHZ Capital Management
California
$2.89M +$1.8M +86,914 +142%
PRCP
13
Pacific Ridge Capital Partners
Oregon
$2.5M +$281K +13,572 +12%
PCA
14
PL Capital Advisors
Florida
$2.36M +$417K +20,114 +20%
BCM
15
Bridgeway Capital Management
Texas
$1.78M +$371K +17,900 +24%
MCM
16
Maltese Capital Management
New York
$1.76M +$207K +10,000 +13%
JP Morgan Chase
17
JP Morgan Chase
New York
$1.73M +$76.5K +3,692 +4%
RHCA
18
Rosenthal Henry Capital Advisors
Indiana
$1.44M -$24.9K -1,200 -2%
PCM
19
Poehling Capital Management
Wisconsin
$1.41M -$20.7K -1,000 -1%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$1.4M +$68.4K +3,299 +5%
Wellington Management Group
21
Wellington Management Group
Massachusetts
$1.1M -$2.9M -140,073 -71%
CCM
22
Cutler Capital Management
Massachusetts
$1.02M +$51.8K +2,500 +5%
Russell Investments Group
23
Russell Investments Group
United Kingdom
$994K +$580K +28,003 +122%
VIM
24
Vista Investment Management
Pennsylvania
$921K -$22.9K -1,106 -2%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$918K -$90.9K -4,384 -9%

FBIZ Hedge Fund Activity: Q4 2018 in Review

75 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q4 2018, worth a combined $108M — down 16% from $128M a quarter earlier.

Fund positioning in FBIZ was balanced in Q4 2018: 2 funds opened new positions, 2 closed out, 25 added to existing stakes and 34 trimmed.

The largest buyer was BHZ Capital Management, adding an estimated $1.8M. The largest seller was Wellington Management Group, cutting an estimated $2.9M.

  • 75 institutional investors held First Business Financial Services (FBIZ) as of Q4 2018, unchanged from Q3 2018.
  • Funds reported $108M of First Business Financial Services stock for Q4 2018, down 16% quarter-over-quarter.
  • 2 funds opened new First Business Financial Services positions in Q4 2018 and 2 closed out, a net change of 0 holders.
  • The largest First Business Financial Services buyer in Q4 2018 was BHZ Capital Management, an estimated $1.8M added.
  • The largest First Business Financial Services seller in Q4 2018 was Wellington Management Group, an estimated $2.9M sold.

Based on aggregated 13F filings for Q4 2018.