First Business Financial Services
FBIZ
76 hedge funds and large institutions have $130M invested in First Business Financial Services in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 34 increasing their positions, 20 reducing their positions, and 3 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 20
19% more capital invested
Capital invested by funds: $110M → $130M (+$20.5M)
0.9% more ownership
Funds ownership: 62.43% → 63.32% (+0.9%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
3% less funds holding
Funds holding: 78 → 76 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$795K |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$711K |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$652K |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$449K |
| 5 |
BlackRock
New York
|
+$442K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCA
PL Capital Advisors
Naples,
Florida
|
-$790K |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$662K |
| 3 |
FBFS
First Business Financial Services
Madison,
Wisconsin
|
-$520K |
| 4 |
Millennium Management
New York
|
-$272K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$262K |
FBIZ Hedge Fund Activity: Q2 2019 in Review
76 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q2 2019, worth a combined $130M — up 19% from $110M a quarter earlier.
Fund positioning in FBIZ was balanced in Q2 2019: 3 funds opened new positions, 3 closed out, 34 added to existing stakes and 20 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $795K. The largest seller was PL Capital Advisors, cutting an estimated $790K.
- 76 institutional investors held First Business Financial Services (FBIZ) as of Q2 2019, down from 78 in Q1 2019.
- Funds reported $130M of First Business Financial Services stock for Q2 2019, up 19% quarter-over-quarter.
- 3 funds opened new First Business Financial Services positions in Q2 2019 and 3 closed out, a net change of 0 holders.
- The largest First Business Financial Services buyer in Q2 2019 was Nuveen, an estimated $795K added.
- The largest First Business Financial Services seller in Q2 2019 was PL Capital Advisors, an estimated $790K sold.
Based on aggregated 13F filings for Q2 2019.