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First Business Financial Services
FBIZ

81 hedge funds and large institutions have $90.5M invested in First Business Financial Services in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 27 increasing their positions, 33 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

5% more capital invested

Capital invested by funds: $86.1M → $90.5M (+$4.39M)

3% more funds holding

Funds holding: 79 → 81 (+2)

0.03% more ownership

Funds ownership: 64.65% → 64.68% (+0.03%)

18% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 33

Holders
81
Holders Change
+2
Holders Change %
+2.53%
% of All Funds
1.66%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
27
Reduced
33
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
PRCP
Pacific Ridge Capital Partners
Oregon
+$1.1M
2
WG
Winton Group
United Kingdom
+$386K
3
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$329K
4
Goldman Sachs
Goldman Sachs
New York
+$269K
5
Bank of America
Bank of America
North Carolina
+$261K

Top Sellers

1
Renaissance Technologies
Renaissance Technologies
New York
-$505K
2
BCM
Bridgeway Capital Management
Texas
-$456K
3
WAM
Wakefield Asset Management
Colorado
-$381K
4
Millennium Management
Millennium Management
New York
-$320K
5
RHCA
Rosenthal Henry Capital Advisors
Indiana
-$313K
Name Holding Trade Value Shares
Change 		Change in
Stake
BFC
1
Banc Funds Company
Illinois
$11.9M +$50.2K +3,209 +0.4%
BlackRock
2
BlackRock
New York
$7.54M -$238K -15,233 -3%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$7.2M +$329K +21,019 +5%
Vanguard Group
4
Vanguard Group
Pennsylvania
$6.8M +$15.7K +1,007 +0.2%
FBFS
5
First Business Financial Services
Wisconsin
$5.45M -$33.6K -2,150 -0.6%
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.85M +$20.6K +1,321 +0.4%
PRCP
7
Pacific Ridge Capital Partners
Oregon
$4.7M +$1.1M +70,133 +33%
MI
8
M3F Inc
Utah
$4.28M -$45.1K -2,884 -1%
Renaissance Technologies
9
Renaissance Technologies
New York
$4.02M -$505K -32,315 -12%
Northern Trust
10
Northern Trust
Illinois
$2.79M +$12.2K +778 +0.5%
State Street
11
State Street
Massachusetts
$2.69M +$73.2K +4,686 +3%
LSV Asset Management
12
LSV Asset Management
Illinois
$2.2M -$208K -13,300 -9%
BCM
13
BHZ Capital Management
California
$2.09M +$24.6K +1,572 +1%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$1.72M +$123K +7,868 +8%
BCM
15
Bridgeway Capital Management
Texas
$1.32M -$456K -29,200 -27%
JP Morgan Chase
16
JP Morgan Chase
New York
$1.18M -$200K -12,772 -15%
Hotchkis & Wiley Capital Management
17
Hotchkis & Wiley Capital Management
California
$1.14M -$29.1K -1,860 -3%
PCM
18
Poehling Capital Management
Wisconsin
$992K – – –
Bank of New York Mellon
19
Bank of New York Mellon
New York
$946K -$62.1K -3,971 -6%
MAM
20
Martingale Asset Management
Massachusetts
$866K – – –
CCM
21
Cutler Capital Management
Massachusetts
$864K – – –
RHCA
22
Rosenthal Henry Capital Advisors
Indiana
$823K -$313K -20,000 -29%
VIM
23
Vista Investment Management
Pennsylvania
$799K -$10.6K -677 -1%
BGIM
24
Brandywine Global Investment Management
Pennsylvania
$777K +$16.4K +1,050 +2%
HIM
25
Hillsdale Investment Management
Ontario, Canada
$770K -$18.8K -1,200 -3%
1
2 3 4

FBIZ Hedge Fund Activity: Q2 2020 in Review

81 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q2 2020, worth a combined $90.5M — up 5.1% from $86.1M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new FBIZ positions and 3 closed out — a net gain of 2 holders — while 27 added to existing stakes and 33 trimmed.

The largest buyer was Pacific Ridge Capital Partners, adding an estimated $1.1M. The largest seller was Renaissance Technologies, cutting an estimated $505K.

  • 81 institutional investors held First Business Financial Services (FBIZ) as of Q2 2020, up from 79 in Q1 2020.
  • Funds reported $90.5M of First Business Financial Services stock for Q2 2020, up 5.1% quarter-over-quarter.
  • 5 funds opened new First Business Financial Services positions in Q2 2020 and 3 closed out, a net change of +2 holders.
  • The largest First Business Financial Services buyer in Q2 2020 was Pacific Ridge Capital Partners, an estimated $1.1M added.
  • The largest First Business Financial Services seller in Q2 2020 was Renaissance Technologies, an estimated $505K sold.

Based on aggregated 13F filings for Q2 2020.