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Business First Bancshares, Inc.

BFST
Exchange
Nasdaq
Industry
State Commercial Banks
SEC CIK
0001624322

In the last 90 days, Business First Bancshares, Inc. insiders filed 1 open-market purchase and 11 sales; 173 institutions reported holding it in 13F filings for Q2 2026, worth $579.8M in total; no superinvestor holds it.

13F holders, Q2 2025

Institutional positions in Business First Bancshares, Inc. as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
147
−1 vs. Q1 2025
Shares held
14.9M
+637.6K (+4.5%) vs. Q1 2025
Total value
$366.2M
+$19.2M (+5.5%) vs. Q1 2025
New holders
18
62 more added
Sold out
19
30 more reduced

1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BFST on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 147 institutions
Q1 2021: 59 institutionsQ2 2021: 61 institutionsQ3 2021: 70 institutionsQ4 2021: 84 institutionsQ1 2022: 87 institutionsQ2 2022: 82 institutionsQ3 2022: 82 institutionsQ4 2022: 97 institutionsQ1 2023: 99 institutionsQ2 2023: 96 institutionsQ3 2023: 109 institutionsQ4 2023: 118 institutionsQ1 2024: 111 institutionsQ2 2024: 112 institutionsQ3 2024: 128 institutionsQ4 2024: 143 institutionsQ1 2025: 149 institutionsQ2 2025: 147 institutionsQ3 2025: 156 institutionsQ4 2025: 167 institutionsQ1 2026: 170 institutionsQ2 2026: 173 institutions
Value heldQ2 2025: $366.2M
Q1 2021: $150.1MQ2 2021: $149.3MQ3 2021: $153.3MQ4 2021: $202.0MQ1 2022: $172.6MQ2 2022: $159.0MQ3 2022: $167.1MQ4 2022: $232.9MQ1 2023: $181.5MQ2 2023: $162.3MQ3 2023: $205.3MQ4 2023: $295.9MQ1 2024: $268.6MQ2 2024: $262.6MQ3 2024: $322.6MQ4 2024: $353.4MQ1 2025: $347.0MQ2 2025: $366.2MQ3 2025: $356.3MQ4 2025: $402.5MQ1 2026: $457.4MQ2 2026: $579.8M
Institutions holding BFST and their total value by quarter
QuarterHoldersValue
Q2 2026173$579.8M
Q1 2026170$457.4M
Q4 2025167$402.5M
Q3 2025156$356.3M
Q2 2025147$366.2M
Q1 2025149$347.0M
Q4 2024143$353.4M
Q3 2024128$322.6M
Q2 2024112$262.6M
Q1 2024111$268.6M
Q4 2023118$295.9M
Q3 2023109$205.3M
Q2 202396$162.3M
Q1 202399$181.5M
Q4 202297$232.9M
Q3 202282$167.1M
Q2 202282$159.0M
Q1 202287$172.6M
Q4 202184$202.0M
Q3 202170$153.3M
Q2 202161$149.3M
Q1 202159$150.1M

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Business First Bancshares, Inc.; share changes are against Q1 2025.

Institutions holding BFST in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.2,216,506$54.6M0.00%+2,662+0.1%Added
Vanguard Group Inc1,573,408$38.8M0.00%−46,625−2.9%Reduced
Janus Henderson Group PLC1,002,264$24.7M0.01%+270,779+37.0%Added
Dimensional Fund Advisors LP987,275$24.3M0.01%+94,070+10.5%Added
Geode Capital Management, LLC697,274$17.2M0.00%+82,349+13.4%Added
American Century Companies Inc649,100$16.0M0.01%+38,370+6.3%Added
State Street Corp575,308$14.2M0.00%+23,671+4.3%Added
Royce & Associates LP551,360$13.6M0.14%+32,240+6.2%Added
Manufacturers Life Insurance Company, The451,168$11.1M0.01%−6,380−1.4%Reduced
Banc Funds Co LLC347,116$8.56M1.29%−61,029−15.0%Reduced
Ranger Investment Management, L.P.343,700$8.47M0.59%+23,715+7.4%Added
JPMorgan Chase & Co318,836$7.86M0.00%−29,796−8.5%Reduced
Mendon Capital Advisors Corp280,000$6.90M3.48%+15,000+5.7%Added
Northern Trust Corp278,575$6.87M0.00%+52,142+23.0%Added
RMB Capital Management, LLC250,000$6.16M0.12%00.0%Unchanged
Charles Schwab Investment Management Inc231,154$5.70M0.00%+14,671+6.8%Added
Russell Investments Group, Ltd.222,699$5.49M0.01%−6,292−2.7%Reduced
Millennium Management LLC212,742$5.24M0.00%+53,261+33.4%Added
Bridgeway Capital Management, LLC179,581$4.43M0.11%+8,373+4.9%Added
Franklin Resources Inc174,331$4.30M0.00%−41,701−19.3%Reduced
Morgan Stanley156,942$3.87M0.00%+36,671+30.5%Added
Robertson Stephens Wealth Management, LLC133,761$3.30M0.11%00.0%Unchanged
Bank of New York Mellon Corp130,416$3.21M0.00%+11,833+10.0%Added
Alliancebernstein L.P.118,638$2.92M0.00%+10,060+9.3%Added
Empowered Funds, LLC93,781$2.31M0.03%+8,373+9.8%Added
Polaris Capital Management, LLC77,000$1.90M0.13%+12,000+18.5%Added
Smith Shellnut Wilson LLC71,136$1.75M0.76%00.0%Unchanged
Goldman Sachs Group Inc70,879$1.75M0.00%−31,629−30.9%Reduced
Cresset Asset Management, LLC70,503$1.74M0.01%00.0%Unchanged
AQR Capital Management LLC64,679$1.59M0.00%+26,194+68.1%Added
UBS Asset Management Americas Inc64,210$1.58M0.00%+45,473+242.7%Added
Qube Research & Technologies Ltd61,873$1.53M0.00%+10,440+20.3%Added
Connor, Clark & Lunn Investment Management Ltd.61,862$1.52M0.01%+5,972+10.7%Added
Womack Financial LLC59,743$1.47M1.23%−2,633−4.2%Reduced
Nuveen, LLC57,277$1.41M0.00%−3,928−6.4%Reduced
Gries Financial LLC54,565$1.35M0.24%+20.0%Added
Swiss National Bank53,608$1.32M0.00%−800−1.5%Reduced
Barclays PLC53,582$1.32M0.00%+18,870+54.4%Added
Raymond James Financial Inc53,187$1.31M0.00%+5,538+11.6%Added
Bank of America Corp48,519$1.20M0.00%+8,729+21.9%Added
Victory Capital Management Inc46,000$1.13M0.00%+5,000+12.2%Added
Pacific Ridge Capital Partners, LLC45,264$1.12M0.27%+4,889+12.1%Added
Rhumbline Advisers43,642$1.08M0.00%+7,120+19.5%Added
Brandywine Global Investment Management, LLC43,461$1.07M0.01%−1,500−3.3%Reduced
Squarepoint Ops LLC43,120$1.06M0.00%+28,735+199.8%Added
Gator Capital Management, LLC42,804$1.06M0.33%00.0%Unchanged
Invesco Ltd.42,343$1.04M0.00%−3,049−6.7%Reduced
Geneos Wealth Management Inc.41,637$1.03M0.03%00.0%Unchanged
Montz Harcus Wealth Management LLC39,861$982.6K0.47%+239+0.6%Added
Los Angeles Capital Management LLC38,465$948.2K0.00%−11,585−23.1%Reduced
Susquehanna International Group, LLP38,203$941.7K0.00%+5,639+17.3%Added
Kestra Advisory Services, LLC38,108$939.4K0.00%+38,108New
Meriwether Wealth & Planning, LLC37,782$931.3K0.58%+106+0.3%Added
Thrivent Financial for Lutherans37,441$923.0K0.00%+3,088+9.0%Added
Two Sigma Investments, LP35,626$878.2K0.00%+15,426+76.4%Added
UBS Group AG35,126$865.9K0.00%+3,730+11.9%Added
Fourthstone LLC34,654$854.2K0.17%+34,654New
Martingale Asset Management L P32,850$809.8K0.02%−5,294−13.9%Reduced
Jacobs Levy Equity Management, Inc32,755$807.4K0.00%00.0%Unchanged
MGB Wealth Management, LLC32,733$806.9K0.27%00.0%Unchanged
California State Teachers Retirement System32,164$792.8K0.00%00.0%Unchanged
LSV Asset Management31,570$778.0K0.00%00.0%Unchanged
Marshall Wace, LLP30,940$762.7K0.00%+30,940New
Legal & General Group Plc30,725$757.4K0.00%+5,756+23.1%Added
Renaissance Technologies LLC29,700$732.1K0.00%−12,900−30.3%Reduced
State of Wisconsin Investment Board28,805$710.0K0.00%+3,484+13.8%Added
Great West Life Assurance Co28,545$704.0K0.00%+2,000+7.5%Added
Hartmann Taylor Wealth Management, LLC28,506$702.7K0.59%−5,000−14.9%Reduced
Ethos Financial Group, LLC27,631$681.1K0.06%00.0%Unchanged
Creative Planning26,678$657.6K0.00%+6,583+32.8%Added
Pathstone Holdings, LLC50,790$626.0K0.00%+25,395+100.0%Added
Two Sigma Advisers, LP24,800$611.3K0.00%−2,300−8.5%Reduced
Jane Street Group, LLC24,573$605.7K0.00%−22,663−48.0%Reduced
LPL Financial LLC21,667$534.1K0.00%−7,439−25.6%Reduced
Penn Capital Management Co Inc21,080$519.6K0.04%−1,943−8.4%Reduced
Prospector Partners LLC21,000$517.6K0.06%00.0%Unchanged
Stratos Wealth Partners, LTD.20,125$496.1K0.01%−2,395−10.6%Reduced
Kings Path Partners LLC19,770$487.3K0.20%00.0%Unchanged
Royal Bank of Canada19,107$472.0K0.00%+1,794+10.4%Added
First Trust Advisors LP18,991$468.1K0.00%+1,135+6.4%Added
Wells Fargo & Company18,478$455.5K0.00%+3,806+25.9%Added
Howard Financial Services, Ltd.18,128$446.9K0.06%00.0%Unchanged
Deutsche Bank AG18,111$446.4K0.00%−3,793−17.3%Reduced
Campbell & CO Investment Adviser LLC17,751$437.6K0.03%+457+2.6%Added
MetLife Investment Management17,131$422.3K0.00%+3,497+25.6%Added
Security National Bank16,965$418.2K0.07%+16,965New
Rodgers Brothers Inc.16,500$406.7K0.05%00.0%Unchanged
E&G Advisors, LP16,100$396.9K0.10%00.0%Unchanged
Sterling Capital Management LLC15,822$390.0K0.01%+353+2.3%Added
Ameriprise Financial Inc15,646$385.7K0.00%+1,327+9.3%Added
Mirae Asset Global ETFs Holdings Ltd.15,604$384.6K0.00%+1,261+8.8%Added
Alps Advisors Inc14,769$364.1K0.00%+179+1.2%Added
Price T Rowe Associates Inc14,237$351.0K0.00%+3,525+32.9%Added
Dynamic Technology Lab Private Ltd14,056$346.0K0.05%+14,056New
Magnetar Financial LLC13,392$330.1K0.00%+13,392New
Citigroup Inc13,143$324.0K0.00%−6,915−34.5%Reduced
Argent Advisors, Inc.12,949$319.2K0.10%+12,949New
Americana Partners, LLC12,338$304.1K0.01%00.0%Unchanged
EntryPoint Capital, LLC11,937$294.2K0.15%+11,937New
Intech Investment Management LLC11,166$275.2K0.00%−4,216−27.4%Reduced