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First Business Financial Services
FBIZ

77 hedge funds and large institutions have $138M invested in First Business Financial Services in 2021 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

39% more capital invested

Capital invested by funds: $99.1M → $138M (+$38.5M)

10% more funds holding

Funds holding: 70 → 77 (+7)

2.23% more ownership

Funds ownership: 63.24% → 65.47% (+2.2%)

4% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 26

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $4K

Holders
77
Holders Change
+7
Holders Change %
+10%
% of All Funds
1.35%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
9
Increased
27
Reduced
26
Closed
2
Calls
–
Puts
$4K
Net Calls
-$4K
Net Calls Change
-$4K

Top Buyers

1
BlackRock
BlackRock
New York
+$1.68M
2
AllianceBernstein
AllianceBernstein
Tennessee
+$1.51M
3
Franklin Resources
Franklin Resources
California
+$886K
4
PRCP
Pacific Ridge Capital Partners
Oregon
+$836K
5
CCM
Cutler Capital Management
Massachusetts
+$371K

Top Sellers

1
Northern Trust
Northern Trust
Illinois
-$966K
2
State Street
State Street
Massachusetts
-$352K
3
MSL
Mackay Shields LLC
New York
-$351K
4
Invesco
Invesco
Georgia
-$249K
5
Squarepoint
Squarepoint
New York
-$215K
Name Holding Trade Value Shares
Change 		Change in
Stake
BFC
1
Banc Funds Company
Illinois
$19.1M -$12.1K -540 -0.1%
BlackRock
2
BlackRock
New York
$13.7M +$1.68M +74,631 +16%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$11M +$96.8K +4,307 +1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$10.4M +$103K +4,585 +1%
FBFS
5
First Business Financial Services
Wisconsin
$8.55M +$25.8K +1,147 +0.3%
PRCP
6
Pacific Ridge Capital Partners
Oregon
$7.26M +$836K +37,188 +15%
Manulife (Manufacturers Life Insurance)
7
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$7.22M +$1.51K +67 +0%
MI
8
M3F Inc
Utah
$5.92M -$183K -8,142 -3%
Renaissance Technologies
9
Renaissance Technologies
New York
$5.47M -$148K -6,600 -3%
State Street
10
State Street
Massachusetts
$3.42M -$352K -15,665 -10%
BCM
11
BHZ Capital Management
California
$3.41M +$19K +845 +0.6%
Northern Trust
12
Northern Trust
Illinois
$2.88M -$966K -42,970 -27%
LSV Asset Management
13
LSV Asset Management
Illinois
$2.76M -$67.4K -3,000 -3%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$2.64M +$2.36K +105 +0.1%
Hotchkis & Wiley Capital Management
15
Hotchkis & Wiley Capital Management
California
$2.17M -$116K -5,160 -6%
CCM
16
Cutler Capital Management
Massachusetts
$2.11M +$371K +16,500 +24%
BCM
17
Bridgeway Capital Management
Texas
$2.11M +$112K +5,000 +6%
BGIM
18
Brandywine Global Investment Management
Pennsylvania
$2.01M -$18K -800 -1%
Franklin Resources
19
Franklin Resources
California
$1.9M +$886K +39,408 +105%
AllianceBernstein
20
AllianceBernstein
Tennessee
$1.66M +$1.51M +67,074 New
JP Morgan Chase
21
JP Morgan Chase
New York
$1.64M -$120K -5,339 -7%
PCM
22
Poehling Capital Management
Wisconsin
$1.49M – – –
RHCA
23
Rosenthal Henry Capital Advisors
Indiana
$1.24M – – –
VIM
24
Vista Investment Management
Pennsylvania
$1.09M -$38K -1,692 -4%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$1.05M +$22.2K +986 +2%
1
2 3 4

FBIZ Hedge Fund Activity: Q1 2021 in Review

77 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q1 2021, worth a combined $138M — up 39% from $99.1M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new FBIZ positions and 2 closed out — a net gain of 7 holders — while 27 added to existing stakes and 26 trimmed.

The largest buyer was BlackRock, adding an estimated $1.68M. The largest seller was Northern Trust, cutting an estimated $966K.

  • 77 institutional investors held First Business Financial Services (FBIZ) as of Q1 2021, up from 70 in Q4 2020.
  • Funds reported $138M of First Business Financial Services stock for Q1 2021, up 39% quarter-over-quarter.
  • 9 funds opened new First Business Financial Services positions in Q1 2021 and 2 closed out, a net change of +7 holders.
  • The largest First Business Financial Services buyer in Q1 2021 was BlackRock, an estimated $1.68M added.
  • The largest First Business Financial Services seller in Q1 2021 was Northern Trust, an estimated $966K sold.

Based on aggregated 13F filings for Q1 2021.