First Business Financial Services
FBIZ
84 hedge funds and large institutions have $207M invested in First Business Financial Services in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 31 increasing their positions, 23 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
55% more capital inflows, than outflows
Capital inflows: $5.4M | Capital outflows: $3.49M
35% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 23
2% more funds holding
Funds holding: 82 → 84 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.49% less ownership
Funds ownership: 62.53% → 62.05% (-0.49%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.71M |
| 2 |
EAM Investors
Solana Beach,
California
|
+$615K |
| 3 |
Morgan Stanley
New York
|
+$378K |
| 4 |
GSA Capital Partners
London,
United Kingdom
|
+$315K |
| 5 |
Barclays
London,
United Kingdom
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$1.21M |
| 2 |
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
-$637K |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$392K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$339K |
| 5 |
First Business Financial Services
Madison,
Wisconsin
|
-$203K |
FBIZ Hedge Fund Activity: Q4 2023 in Review
84 of the 6,876 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q4 2023, worth a combined $207M — up 33% from $156M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FBIZ positions and 5 closed out — a net gain of 3 holders — while 31 added to existing stakes and 23 trimmed.
The largest buyer was BlackRock, adding an estimated $1.71M. The largest seller was M3F Inc, cutting an estimated $1.21M.
- 84 institutional investors held First Business Financial Services (FBIZ) as of Q4 2023, up from 82 in Q3 2023.
- Funds reported $207M of First Business Financial Services stock for Q4 2023, up 33% quarter-over-quarter.
- 8 funds opened new First Business Financial Services positions in Q4 2023 and 5 closed out, a net change of +3 holders.
- The largest First Business Financial Services buyer in Q4 2023 was BlackRock, an estimated $1.71M added.
- The largest First Business Financial Services seller in Q4 2023 was M3F Inc, an estimated $1.21M sold.
Based on aggregated 13F filings for Q4 2023.