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First Business Financial Services

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.

New
Increased
Maintained
Reduced
Closed

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: 22 (0)

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

3% less funds holding

Funds holding: 7876 (-2)

Holders
76
Holders Change
-2
Holders Change %
-2.56%
% of All Funds
1.65%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
3
Increased
34
Reduced
20
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BFC
1
Banc Funds Company
Illinois
$16.1M +$227K +10,000 +1%
Manulife (Manufacturers Life Insurance)
2
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$11M -$662K -29,176 -6%
BlackRock
3
BlackRock
New York
$10.9M +$442K +19,446 +4%
Vanguard Group
4
Vanguard Group
Pennsylvania
$9.69M +$6.63K +292 +0.1%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$9.22M +$328K +14,456 +4%
FBFS
6
First Business Financial Services
Wisconsin
$8.54M -$520K -22,886 -6%
MI
7
M3F Inc
Utah
$5.97M +$6.81K +300 +0.1%
Renaissance Technologies
8
Renaissance Technologies
New York
$5.29M +$348K +15,305 +7%
PRCP
9
Pacific Ridge Capital Partners
Oregon
$4.13M +$449K +19,787 +13%
State Street
10
State Street
Massachusetts
$3.94M +$57.1K +2,517 +2%
Northern Trust
11
Northern Trust
Illinois
$3.92M +$58.9K +2,593 +2%
LSV Asset Management
12
LSV Asset Management
Illinois
$3.63M
BCM
13
BHZ Capital Management
California
$3.49M
BCM
14
Bridgeway Capital Management
Texas
$2.2M +$56.8K +2,500 +3%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$2.19M +$402K +17,721 +24%
JP Morgan Chase
16
JP Morgan Chase
New York
$2.13M +$21.7K +955 +1%
PCA
17
PL Capital Advisors
Florida
$2.03M -$790K -34,774 -29%
RHCA
18
Rosenthal Henry Capital Advisors
Indiana
$1.65M
PCM
19
Poehling Capital Management
Wisconsin
$1.64M -$22.7K -1,000 -1%
Hotchkis & Wiley Capital Management
20
Hotchkis & Wiley Capital Management
California
$1.51M +$6.13K +270 +0.4%
CCM
21
Cutler Capital Management
Massachusetts
$1.23M
Bank of New York Mellon
22
Bank of New York Mellon
New York
$1.14M +$12.3K +541 +1%
VIM
23
Vista Investment Management
Pennsylvania
$1.12M +$9.08K +400 +0.8%
MAM
24
Martingale Asset Management
Massachusetts
$1.11M
Federated Hermes
25
Federated Hermes
Pennsylvania
$1.07M -$21.3K -936 -2%

FBIZ Hedge Fund Activity: Q2 2019 in Review

76 of the 4,604 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.