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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, Q3 2025

Institutional positions in Business First Bancshares, Inc. as of Sep 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
156
+9 vs. Q2 2025
Shares held
15.1M
+208.8K (+1.4%) vs. Q2 2025
Total value
$356.3M
−$9.92M (−2.7%) vs. Q2 2025
New holders
20
58 more added
Sold out
11
44 more reduced

Compare with Q2 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 holdersQ3 2025: 156 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 heldQ3 2025: $356.3M
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, Q3 2025

Shares, value and share of portfolio for each institution holding Business First Bancshares, Inc.; share changes are against Q2 2025.

Institutions holding BFST in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.2,246,261$53.0M0.00%+29,755+1.3%Added
Vanguard Group Inc1,591,098$37.6M0.00%+17,690+1.1%Added
Dimensional Fund Advisors LP1,024,248$24.2M0.01%+36,973+3.7%Added
Janus Henderson Group PLC1,018,807$24.1M0.01%+16,543+1.7%Added
American Century Companies Inc730,694$17.3M0.01%+81,594+12.6%Added
Geode Capital Management, LLC716,630$16.9M0.00%+19,356+2.8%Added
Royce & Associates LP648,080$15.3M0.15%+96,720+17.5%Added
State Street Corp598,503$14.1M0.00%+23,195+4.0%Added
Manufacturers Life Insurance Company, The444,257$10.5M0.01%−6,911−1.5%Reduced
Ranger Investment Management, L.P.345,855$8.17M0.57%+2,155+0.6%Added
JPMorgan Chase & Co312,746$7.38M0.00%−6,090−1.9%Reduced
Northern Trust Corp278,477$6.57M0.00%−980.0%Reduced
Banc Funds Co LLC269,264$6.36M1.11%−77,852−22.4%Reduced
RMB Capital Management, LLC250,008$5.90M0.11%+80.0%Added
Mendon Capital Advisors Corp250,000$5.90M2.69%−30,000−10.7%Reduced
Charles Schwab Investment Management Inc241,811$5.71M0.00%+10,657+4.6%Added
Russell Investments Group, Ltd.230,616$5.44M0.01%+7,917+3.6%Added
Bridgeway Capital Management, LLC187,248$4.42M0.09%+7,667+4.3%Added
Franklin Resources Inc184,310$4.35M0.00%+9,979+5.7%Added
Fourthstone LLC164,024$3.87M0.69%+129,370+373.3%Added
Morgan Stanley143,126$3.38M0.00%−13,816−8.8%Reduced
Robertson Stephens Wealth Management, LLC133,456$3.15M0.10%−305−0.2%Reduced
Bank of New York Mellon Corp132,233$3.12M0.00%+1,817+1.4%Added
Alliancebernstein L.P.115,638$2.73M0.00%−3,000−2.5%Reduced
First Trust Advisors LP107,684$2.54M0.00%+88,693+467.0%Added
Goldman Sachs Group Inc106,907$2.52M0.00%+36,028+50.8%Added
Empowered Funds, LLC101,448$2.40M0.02%+7,667+8.2%Added
AQR Capital Management LLC78,476$1.85M0.00%+13,797+21.3%Added
Polaris Capital Management, LLC77,000$1.82M0.12%00.0%Unchanged
Smith Shellnut Wilson LLC71,136$1.68M0.65%00.0%Unchanged
Cresset Asset Management, LLC70,503$1.66M0.01%00.0%Unchanged
Connor, Clark & Lunn Investment Management Ltd.70,494$1.66M0.01%+8,632+14.0%Added
Gator Capital Management, LLC65,377$1.54M0.40%+22,573+52.7%Added
Qube Research & Technologies Ltd60,267$1.42M0.00%−1,606−2.6%Reduced
Two Sigma Investments, LP57,982$1.37M0.00%+22,356+62.8%Added
Swiss National Bank57,608$1.36M0.00%+4,000+7.5%Added
Nuveen, LLC55,694$1.31M0.00%−1,583−2.8%Reduced
Gries Financial LLC54,571$1.29M0.20%+60.0%Added
Raymond James Financial Inc53,187$1.26M0.00%00.0%Unchanged
Womack Financial LLC52,705$1.24M0.94%−7,038−11.8%Reduced
Victory Capital Management Inc48,000$1.13M0.00%+2,000+4.3%Added
Jane Street Group, LLC46,774$1.10M0.00%+22,201+90.3%Added
CenterBook Partners LP45,752$1.08M0.05%+45,752New
Pacific Ridge Capital Partners, LLC45,264$1.07M0.23%00.0%Unchanged
Rhumbline Advisers42,075$993.4K0.00%−1,567−3.6%Reduced
Brandywine Global Investment Management, LLC41,861$988.3K0.01%−1,600−3.7%Reduced
Geneos Wealth Management Inc.41,637$983.0K0.02%00.0%Unchanged
Barclays PLC40,119$947.2K0.00%−13,463−25.1%Reduced
Montz Harcus Wealth Management LLC40,085$946.4K0.41%+224+0.6%Added
Invesco Ltd.38,937$919.3K0.00%−3,406−8.0%Reduced
Meriwether Wealth & Planning, LLC37,583$887.3K0.51%−199−0.5%Reduced
Man Group plc37,129$876.6K0.00%+37,129New
Bank of America Corp35,735$843.7K0.00%−12,784−26.3%Reduced
Prospector Partners LLC35,600$840.5K0.10%+14,600+69.5%Added
Jacobs Levy Equity Management, Inc34,361$811.3K0.00%+1,606+4.9%Added
Creative Planning34,115$805.5K0.00%+7,437+27.9%Added
Martingale Asset Management L P32,850$775.6K0.02%00.0%Unchanged
Renaissance Technologies LLC31,800$750.8K0.00%+2,100+7.1%Added
Los Angeles Capital Management LLC30,901$729.6K0.00%−7,564−19.7%Reduced
Legal & General Group Plc29,770$702.9K0.00%−955−3.1%Reduced
UBS Asset Management Americas Inc29,703$701.3K0.00%−34,507−53.7%Reduced
Great West Life Assurance Co28,545$676.0K0.00%00.0%Unchanged
Hartmann Taylor Wealth Management, LLC28,506$673.0K0.48%00.0%Unchanged
Ethos Financial Group, LLC27,631$652.4K0.05%00.0%Unchanged
California State Teachers Retirement System27,604$651.7K0.00%−4,560−14.2%Reduced
Two Sigma Advisers, LP27,100$639.8K0.00%+2,300+9.3%Added
SG Americas Securities, LLC25,832$610.0K0.00%+25,832New
Pathstone Holdings, LLC25,395$599.6K0.00%−25,395−50.0%Reduced
Penn Capital Management Co Inc25,191$594.8K0.05%+4,111+19.5%Added
Deutsche Bank AG22,587$533.3K0.00%+4,476+24.7%Added
Wells Fargo & Company22,039$520.3K0.00%+3,561+19.3%Added
Verition Fund Management LLC21,829$515.4K0.00%+21,829New
Marshall Wace, LLP20,800$491.1K0.00%−10,140−32.8%Reduced
Stratos Wealth Partners, LTD.20,125$475.2K0.01%00.0%Unchanged
Kings Path Partners LLC19,770$466.8K0.17%00.0%Unchanged
LSV Asset Management19,270$455.0K0.00%−12,300−39.0%Reduced
Millennium Management LLC19,183$452.9K0.00%−193,559−91.0%Reduced
Ameriprise Financial Inc18,588$438.9K0.00%+2,942+18.8%Added
State of Wisconsin Investment Board18,005$425.1K0.00%−10,800−37.5%Reduced
LPL Financial LLC17,978$424.5K0.00%−3,689−17.0%Reduced
MetLife Investment Management17,131$404.5K0.00%00.0%Unchanged
Security National Bank16,965$400.5K0.06%00.0%Unchanged
Rodgers Brothers Inc.16,500$389.6K0.05%00.0%Unchanged
E&G Advisors, LP16,100$380.1K0.09%00.0%Unchanged
Campbell & CO Investment Adviser LLC15,805$373.2K0.03%−1,946−11.0%Reduced
EntryPoint Capital, LLC15,774$372.4K0.14%+3,837+32.1%Added
Squarepoint Ops LLC15,559$367.3K0.00%−27,561−63.9%Reduced
Price T Rowe Associates Inc14,968$354.0K0.00%+731+5.1%Added
UBS Group AG14,711$347.3K0.00%−20,415−58.1%Reduced
Dynamic Technology Lab Private Ltd14,510$343.0K0.06%+454+3.2%Added
Mirae Asset Global ETFs Holdings Ltd.13,310$314.2K0.00%−2,294−14.7%Reduced
Argent Advisors, Inc.12,949$305.7K0.09%00.0%Unchanged
The PNC Financial Services Group, Inc.12,641$298.5K0.00%+12,602+32,312.8%Added
Americana Partners, LLC12,338$291.3K0.01%00.0%Unchanged
Intech Investment Management LLC12,240$289.0K0.00%+1,074+9.6%Added
Thrivent Financial for Lutherans12,037$284.0K0.00%−25,404−67.9%Reduced
STRS Ohio11,600$273.9K0.00%+4,700+68.1%Added
XTX Topco Ltd11,261$265.9K0.01%+11,261New
Royal Bank of Canada10,670$251.0K0.00%−8,437−44.2%Reduced
Prudential Financial Inc10,495$247.8K0.00%+15+0.1%Added