FS Bancorp
FSBW
88 hedge funds and large institutions have $186M invested in FS Bancorp in 2025 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 37 reducing their positions, and 12 closing their positions.
2.32% more ownership
Funds ownership: 64.01% → 66.33% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less funds holding
Funds holding: 92 → 88 (-4)
9% less capital invested
Capital invested by funds: $206M → $186M (-$19.2M)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
35% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$10.5M |
| 2 |
RA
Royce & Associates
New York
|
+$635K |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$375K |
| 4 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$294K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$269K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$2.4M |
| 2 |
BlackRock
New York
|
-$601K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$530K |
| 4 |
JP Morgan Chase
New York
|
-$509K |
| 5 |
Goldman Sachs
New York
|
-$389K |
FSBW Hedge Fund Activity: Q1 2025 in Review
88 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in FS Bancorp (FSBW) for Q1 2025, worth a combined $186M — down 9.3% from $206M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FSBW and 8 opened new positions — a net loss of 4 holders — while 37 trimmed existing stakes and 24 added.
The largest buyer was Nuveen, adding an estimated $10.5M. The largest seller was Hotchkis & Wiley Capital Management, exiting entirely with an estimated $2.4M sold.
- 88 institutional investors held FS Bancorp (FSBW) as of Q1 2025, down from 92 in Q4 2024.
- Funds reported $186M of FS Bancorp stock for Q1 2025, down 9.3% quarter-over-quarter.
- 8 funds opened new FS Bancorp positions in Q1 2025 and 12 closed out, a net change of -4 holders.
- The largest FS Bancorp buyer in Q1 2025 was Nuveen, an estimated $10.5M added.
- The largest FS Bancorp seller in Q1 2025 was Hotchkis & Wiley Capital Management, an estimated $2.4M sold.
Based on aggregated 13F filings for Q1 2025.