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First Business Financial Services

104 hedge funds and large institutions have $257M invested in First Business Financial Services in 2024 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 49 increasing their positions, 19 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

158% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 19

125% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 8

11% more funds holding

Funds holding: 94104 (+10)

6% more capital invested

Capital invested by funds: $241M → $257M (+$15.6M)

3.06% more ownership

Funds ownership: 63.82%66.88% (+3.1%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
104
Holders Change
+10
Holders Change %
+10.64%
% of All Funds
1.37%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
18
Increased
49
Reduced
19
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$40.2M +$6.77M +144,638 +20%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$24.9M +$52.7K +1,126 +0.2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$18.5M -$456K -9,732 -2%
FBFS
4
First Business Financial Services
Wisconsin
$17.4M +$477K +10,176 +3%
BFC
5
Banc Funds Company
Illinois
$15.4M -$3.19M -68,183 -17%
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$12.2M -$173K -3,703 -1%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$7.94M -$85.9K -1,834 -1%
PRCP
8
Pacific Ridge Capital Partners
Oregon
$7.3M +$276K +5,892 +4%
CCM
9
Cutler Capital Management
Massachusetts
$7.09M -$14K -300 -0.2%
Renaissance Technologies
10
Renaissance Technologies
New York
$6.84M -$651K -13,900 -9%
State Street
11
State Street
Massachusetts
$6.6M +$278K +5,926 +4%
American Century Companies
12
American Century Companies
Missouri
$5.18M +$1.59M +33,957 +44%
AllianceBernstein
13
AllianceBernstein
Tennessee
$4.55M -$304K -6,500 -6%
MI
14
M3F Inc
Utah
$4.5M -$2.68M -57,149 -37%
LSV Asset Management
15
LSV Asset Management
Illinois
$4.36M -$515K -11,000 -10%
BCM
16
Bridgeway Capital Management
Texas
$4.19M +$101K +2,156 +2%
Northern Trust
17
Northern Trust
Illinois
$4.16M -$117K -2,500 -3%
Invesco
18
Invesco
Georgia
$3.92M +$3.96M +84,622 New
DLP
19
De Lisle Partners
United Kingdom
$3.27M +$192K +4,092 +6%
Federated Hermes
20
Federated Hermes
Pennsylvania
$3.23M +$154K +3,295 +5%
Hotchkis & Wiley Capital Management
21
Hotchkis & Wiley Capital Management
California
$2.93M -$120K -2,560 -4%
Acadian Asset Management
22
Acadian Asset Management
Massachusetts
$2.81M +$187K +3,989 +7%
PCM
23
Poehling Capital Management
Wisconsin
$2.7M
Franklin Resources
24
Franklin Resources
California
$2.68M -$1.46M -31,237 -35%
VIM
25
Vista Investment Management
Pennsylvania
$2.56M -$104K -2,219 -4%

FBIZ Hedge Fund Activity: Q4 2024 in Review

104 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q4 2024, worth a combined $257M — up 6.5% from $241M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new FBIZ positions and 8 closed out — a net gain of 10 holders — while 49 added to existing stakes and 19 trimmed.

The largest buyer was BlackRock, adding an estimated $6.77M. The largest seller was Banc Funds Company, cutting an estimated $3.19M.

  • 104 institutional investors held First Business Financial Services (FBIZ) as of Q4 2024, up from 94 in Q3 2024.
  • Funds reported $257M of First Business Financial Services stock for Q4 2024, up 6.5% quarter-over-quarter.
  • 18 funds opened new First Business Financial Services positions in Q4 2024 and 8 closed out, a net change of +10 holders.
  • The largest First Business Financial Services buyer in Q4 2024 was BlackRock, an estimated $6.77M added.
  • The largest First Business Financial Services seller in Q4 2024 was Banc Funds Company, an estimated $3.19M sold.

Based on aggregated 13F filings for Q4 2024.