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First Business Financial Services

73 hedge funds and large institutions have $77.2M invested in First Business Financial Services in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 16 increasing their positions, 39 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.39% less ownership

Funds ownership: 64.68%63.29% (-1.4%)

10% less funds holding

Funds holding: 8173 (-8)

15% less capital invested

Capital invested by funds: $90.5M → $77.2M (-$13.3M)

59% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 39

80% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 10

Holders
73
Holders Change
-8
Holders Change %
-9.88%
% of All Funds
1.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
16
Reduced
39
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BFC
1
Banc Funds Company
Illinois
$10.9M +$603K +38,797 +5%
BlackRock
2
BlackRock
New York
$6.42M -$146K -9,388 -2%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$6.23M -$26.6K -1,712 -0.4%
Vanguard Group
4
Vanguard Group
Pennsylvania
$5.88M -$32.8K -2,111 -0.5%
FBFS
5
First Business Financial Services
Wisconsin
$4.89M +$175K +11,282 +3%
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.2M -$127K -8,167 -3%
PRCP
7
Pacific Ridge Capital Partners
Oregon
$3.9M -$197K -12,672 -4%
MI
8
M3F Inc
Utah
$3.85M +$141K +9,073 +3%
Renaissance Technologies
9
Renaissance Technologies
New York
$3.14M -$384K -24,700 -10%
Northern Trust
10
Northern Trust
Illinois
$2.35M -$79K -5,089 -3%
State Street
11
State Street
Massachusetts
$2.22M -$128K -8,214 -5%
BCM
12
BHZ Capital Management
California
$1.91M +$104K +6,694 +5%
LSV Asset Management
13
LSV Asset Management
Illinois
$1.67M -$259K -16,700 -13%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$1.51M +$19.5K +1,258 +1%
BCM
15
Bridgeway Capital Management
Texas
$1.15M
Hotchkis & Wiley Capital Management
16
Hotchkis & Wiley Capital Management
California
$1.14M +$163K +10,510 +15%
JP Morgan Chase
17
JP Morgan Chase
New York
$901K -$135K -8,718 -12%
PCM
18
Poehling Capital Management
Wisconsin
$862K
CCM
19
Cutler Capital Management
Massachusetts
$843K +$101K +6,500 +12%
BGIM
20
Brandywine Global Investment Management
Pennsylvania
$820K +$158K +10,165 +22%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$736K -$92.5K -5,956 -10%
RHCA
22
Rosenthal Henry Capital Advisors
Indiana
$715K
VIM
23
Vista Investment Management
Pennsylvania
$692K -$2.31K -149 -0.3%
MSL
24
Mackay Shields LLC
New York
$547K -$48.1K -3,100 -7%
Franklin Resources
25
Franklin Resources
California
$536K -$559 -36 -0.1%

FBIZ Hedge Fund Activity: Q3 2020 in Review

73 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q3 2020, worth a combined $77.2M — down 15% from $90.5M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of FBIZ and 2 opened new positions — a net loss of 8 holders — while 39 trimmed existing stakes and 16 added.

The largest buyer was Banc Funds Company, adding an estimated $603K. The largest seller was Jacobs Levy Equity Management, exiting entirely with an estimated $385K sold.

  • 73 institutional investors held First Business Financial Services (FBIZ) as of Q3 2020, down from 81 in Q2 2020.
  • Funds reported $77.2M of First Business Financial Services stock for Q3 2020, down 15% quarter-over-quarter.
  • 2 funds opened new First Business Financial Services positions in Q3 2020 and 10 closed out, a net change of -8 holders.
  • The largest First Business Financial Services buyer in Q3 2020 was Banc Funds Company, an estimated $603K added.
  • The largest First Business Financial Services seller in Q3 2020 was Jacobs Levy Equity Management, an estimated $385K sold.

Based on aggregated 13F filings for Q3 2020.