First Business Financial Services
FBIZ
88 hedge funds and large institutions have $193M invested in First Business Financial Services in 2024 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 34 increasing their positions, 24 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
42% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 24
5% more funds holding
Funds holding: 84 → 88 (+4)
0.27% more ownership
Funds ownership: 62.54% → 62.81% (+0.27%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $195M → $193M (-$2.31M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$799K |
| 2 |
BlackRock
New York
|
+$548K |
| 3 |
State Street
Boston,
Massachusetts
|
+$297K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$270K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$266K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$1.05M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$625K |
| 3 |
JP Morgan Chase
New York
|
-$342K |
| 4 |
GC
Globeflex Capital
San Diego,
California
|
-$297K |
| 5 |
Millennium Management
New York
|
-$288K |
FBIZ Hedge Fund Activity: Q2 2024 in Review
88 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q2 2024, worth a combined $193M — down 1.2% from $195M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FBIZ positions and 6 closed out — a net gain of 4 holders — while 34 added to existing stakes and 24 trimmed.
The largest buyer was Vanguard Group, adding an estimated $799K. The largest seller was Franklin Resources, cutting an estimated $1.05M.
- 88 institutional investors held First Business Financial Services (FBIZ) as of Q2 2024, up from 84 in Q1 2024.
- Funds reported $193M of First Business Financial Services stock for Q2 2024, down 1.2% quarter-over-quarter.
- 10 funds opened new First Business Financial Services positions in Q2 2024 and 6 closed out, a net change of +4 holders.
- The largest First Business Financial Services buyer in Q2 2024 was Vanguard Group, an estimated $799K added.
- The largest First Business Financial Services seller in Q2 2024 was Franklin Resources, an estimated $1.05M sold.
Based on aggregated 13F filings for Q2 2024.