First Business Financial Services
FBIZ
86 hedge funds and large institutions have $180M invested in First Business Financial Services in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 34 increasing their positions, 27 reducing their positions, and 9 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 27
5% more capital invested
Capital invested by funds: $172M → $180M (+$8.05M)
0.5% more ownership
Funds ownership: 65.21% → 65.72% (+0.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 90 → 86 (-4)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.57M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.65M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.29M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$879K |
| 5 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$606K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.23M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.11M |
| 3 |
BCM
BHZ Capital Management
San Jose,
California
|
-$1.08M |
| 4 |
Millennium Management
New York
|
-$844K |
| 5 |
Two Sigma Investments
New York
|
-$661K |
FBIZ Hedge Fund Activity: Q3 2022 in Review
86 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q3 2022, worth a combined $180M — up 4.7% from $172M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FBIZ and 6 opened new positions — a net loss of 3 holders — while 27 trimmed existing stakes and 34 added.
The largest buyer was BlackRock, adding an estimated $3.57M. The largest seller was Renaissance Technologies, cutting an estimated $1.23M.
- 86 institutional investors held First Business Financial Services (FBIZ) as of Q3 2022, down from 90 in Q2 2022.
- Funds reported $180M of First Business Financial Services stock for Q3 2022, up 4.7% quarter-over-quarter.
- 6 funds opened new First Business Financial Services positions in Q3 2022 and 9 closed out, a net change of -3 holders.
- The largest First Business Financial Services buyer in Q3 2022 was BlackRock, an estimated $3.57M added.
- The largest First Business Financial Services seller in Q3 2022 was Renaissance Technologies, an estimated $1.23M sold.
Based on aggregated 13F filings for Q3 2022.