First Business Financial Services
FBIZ
139 hedge funds and large institutions have $311M invested in First Business Financial Services in 2025 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 47 reducing their positions, and 12 closing their positions.
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
11% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 47
6% more capital invested
Capital invested by funds: $292M → $311M (+$18.4M)
2% more funds holding
Funds holding: 136 → 139 (+3)
0.22% more ownership
Funds ownership: 68.49% → 68.71% (+0.22%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$1.72M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.17M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$981K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$946K |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$646K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$1.88M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.43M |
| 3 |
Two Sigma Investments
New York
|
-$1.39M |
| 4 |
Two Sigma Advisers
New York
|
-$774K |
| 5 |
Renaissance Technologies
New York
|
-$696K |
FBIZ Hedge Fund Activity: Q4 2025 in Review
139 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in First Business Financial Services (FBIZ) for Q4 2025, worth a combined $311M — up 6.3% from $292M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FBIZ positions and 12 closed out — a net gain of 6 holders — while 52 added to existing stakes and 47 trimmed.
The largest buyer was Federated Hermes, adding an estimated $1.72M. The largest seller was Empowered Funds, exiting entirely with an estimated $1.88M sold.
- 139 institutional investors held First Business Financial Services (FBIZ) as of Q4 2025, up from 136 in Q3 2025.
- Funds reported $311M of First Business Financial Services stock for Q4 2025, up 6.3% quarter-over-quarter.
- 18 funds opened new First Business Financial Services positions in Q4 2025 and 12 closed out, a net change of +6 holders.
- The largest First Business Financial Services buyer in Q4 2025 was Federated Hermes, an estimated $1.72M added.
- The largest First Business Financial Services seller in Q4 2025 was Empowered Funds, an estimated $1.88M sold.
Based on aggregated 13F filings for Q4 2025.