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First Business Financial Services

77 hedge funds and large institutions have $171M invested in First Business Financial Services in 2022 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 32 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

129% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 14

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

23% more capital invested

Capital invested by funds: $139M → $171M (+$32M)

3% more funds holding

Funds holding: 7577 (+2)

0.92% more ownership

Funds ownership: 60.89%61.81% (+0.92%)

Holders
77
Holders Change
+2
Holders Change %
+2.67%
% of All Funds
1.21%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
9
Increased
32
Reduced
14
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BFC
1
Banc Funds Company
Illinois
$16.9M +$2.4M +74,261 +17%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$15.6M +$335K +10,374 +2%
Manulife (Manufacturers Life Insurance)
3
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$11.4M +$29.8K +925 +0.3%
FBFS
4
First Business Financial Services
Wisconsin
$11.3M +$8.32K +258 +0.1%
Vanguard Group
5
Vanguard Group
Pennsylvania
$10.7M -$150K -4,658 -1%
PRCP
6
Pacific Ridge Capital Partners
Oregon
$9.96M -$21.5K -666 -0.2%
MI
7
M3F Inc
Utah
$8.06M +$110K +3,395 +1%
Renaissance Technologies
8
Renaissance Technologies
New York
$7.08M -$348K -10,800 -5%
FL
9
Fourthstone LLC
Missouri
$5.57M -$1.34M -41,437 -20%
AllianceBernstein
10
AllianceBernstein
Tennessee
$4.56M +$210K +6,518 +5%
Millennium Management
11
Millennium Management
New York
$4.55M +$1.28M +39,564 +40%
Franklin Resources
12
Franklin Resources
California
$4.38M -$400K -12,400 -8%
CCM
13
Cutler Capital Management
Massachusetts
$4.35M +$51.6K +1,600 +1%
BlackRock
14
BlackRock
New York
$4.16M +$171K +5,307 +4%
ROC
15
River Oaks Capital
Minnesota
$4.12M +$156K +4,847 +4%
BCM
16
BHZ Capital Management
California
$4M -$55.8K -1,731 -1%
BCM
17
Bridgeway Capital Management
Texas
$3.68M +$868K +26,900 +32%
LSV Asset Management
18
LSV Asset Management
Illinois
$3.28M -$9.71K -301 -0.3%
Hotchkis & Wiley Capital Management
19
Hotchkis & Wiley Capital Management
California
$2.66M +$154K +4,783 +6%
BGIM
20
Brandywine Global Investment Management
Pennsylvania
$2.37M
Acadian Asset Management
21
Acadian Asset Management
Massachusetts
$2.22M +$382K +11,836 +21%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$2.1M +$35.9K +1,114 +2%
PCM
23
Poehling Capital Management
Wisconsin
$1.98M
Goldman Sachs
24
Goldman Sachs
New York
$1.73M +$86K +2,665 +5%
RHCA
25
Rosenthal Henry Capital Advisors
Indiana
$1.64M

FBIZ Hedge Fund Activity: Q1 2022 in Review

77 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q1 2022, worth a combined $171M — up 23% from $139M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new FBIZ positions and 6 closed out — a net gain of 3 holders — while 32 added to existing stakes and 14 trimmed.

The largest buyer was Banc Funds Company, adding an estimated $2.4M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $2.51M sold.

  • 77 institutional investors held First Business Financial Services (FBIZ) as of Q1 2022, up from 75 in Q4 2021.
  • Funds reported $171M of First Business Financial Services stock for Q1 2022, up 23% quarter-over-quarter.
  • 9 funds opened new First Business Financial Services positions in Q1 2022 and 6 closed out, a net change of +3 holders.
  • The largest First Business Financial Services buyer in Q1 2022 was Banc Funds Company, an estimated $2.4M added.
  • The largest First Business Financial Services seller in Q1 2022 was Basswood Capital Management, an estimated $2.51M sold.

Based on aggregated 13F filings for Q1 2022.