First Business Financial Services
FBIZ
78 hedge funds and large institutions have $140M invested in First Business Financial Services in 2021 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 20 increasing their positions, 26 reducing their positions, and 20 closing their positions.
1% more funds holding
Funds holding: 77 → 78 (+1)
5% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 20
2% more capital invested
Capital invested by funds: $138M → $140M (+$2.38M)
5.12% less ownership
Funds ownership: 65.47% → 60.35% (-5.1%)
23% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.95M |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$3.59M |
| 3 |
BCM
Basswood Capital Management
New York
|
+$1.85M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$1.82M |
| 5 |
Renaissance Technologies
New York
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$12.3M |
| 2 |
State Street
Boston,
Massachusetts
|
-$3.05M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.65M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$1.64M |
| 5 |
JP Morgan Chase
New York
|
-$1.64M |
FBIZ Hedge Fund Activity: Q2 2021 in Review
78 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q2 2021, worth a combined $140M — up 1.7% from $138M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FBIZ positions and 20 closed out — a net gain of 1 holder — while 20 added to existing stakes and 26 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $3.95M. The largest seller was BlackRock, cutting an estimated $12.3M.
- 78 institutional investors held First Business Financial Services (FBIZ) as of Q2 2021, up from 77 in Q1 2021.
- Funds reported $140M of First Business Financial Services stock for Q2 2021, up 1.7% quarter-over-quarter.
- 21 funds opened new First Business Financial Services positions in Q2 2021 and 20 closed out, a net change of +1 holder.
- The largest First Business Financial Services buyer in Q2 2021 was Millennium Management, an estimated $3.95M added.
- The largest First Business Financial Services seller in Q2 2021 was BlackRock, an estimated $12.3M sold.
Based on aggregated 13F filings for Q2 2021.