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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
SBI Securities Co., Ltd.1$240.00%−24−96.0%Reduced
Fortitude Family Office, LLC5$1180.00%00.0%Unchanged
Smartleaf Asset Management LLC7$1650.00%+7New
Assetmark, Inc8$1890.00%00.0%Unchanged
Sunbelt Securities, Inc.8$1890.00%+8New
Nisa Investment Advisors, LLC20$4720.00%00.0%Unchanged
Rothschild Investment LLC24$5670.00%−11−31.4%Reduced
Larson Financial Group LLC35$8260.00%00.0%Unchanged
CIBC Private Wealth Group, LLC40$9440.00%+40New
Covestor Ltd56$1.00K0.00%+5+9.8%Added
IFP Advisors, Inc58$1.37K0.00%+58Added
Allworth Financial LP65$1.53K0.00%+44+209.5%Added
True Wealth Design, LLC66$1.56K0.00%−1−1.5%Reduced
Advisor Group Holdings, Inc.79$1.88K0.00%+3+3.9%Added
Signaturefd, LLC122$2.88K0.00%00.0%Unchanged
Essential Partners LLC124$2.93K0.00%+93+300.0%Added
Optiver Holding B.V.154$3.64K0.00%+154New
EverSource Wealth Advisors, LLC181$4.27K0.00%−1−0.5%Reduced
Capital Advisors, Ltd. LLC226$5.00K0.00%00.0%Unchanged
GAMMA Investing LLC398$9.40K0.00%+34+9.3%Added
Quarry LP486$11.5K0.00%+486New
Quadrant Capital Group LLC509$12.0K0.00%+509New
Amalgamated Bank858$20.0K0.00%00.0%Unchanged
SRS Capital Advisors, Inc.866$20.4K0.00%+866New
Tower Research Capital LLC (TRC)963$22.7K0.00%−1,706−63.9%Reduced
State of Alaska, Department of Revenue1,189$28.0K0.00%+1,189New
Jones Financial Companies LLLP1,200$29.1K0.00%+1,200New
Delos Wealth Advisors, LLC1,258$29.7K0.02%+1,258New
GWM Advisors LLC1,383$32.7K0.00%00.0%Unchanged
Quantbot Technologies LP1,417$33.5K0.00%−4,497−76.0%Reduced
Steward Partners Investment Advisory, LLC1,666$39.3K0.00%−1,666−50.0%Reduced
FWL Investment Management, LLC1,762$41.6K0.01%+1,762New
Sterling Capital Management LLC1,965$46.4K0.00%−13,857−87.6%Reduced
Ameritas Investment Partners, Inc.2,379$56.2K0.00%−529−18.2%Reduced
Public Employees Retirement System of Ohio3,169$74.8K0.00%00.0%Unchanged
CWM, LLC3,258$77.0K0.00%+789+32.0%Added
Citigroup Inc4,580$108.1K0.00%−8,563−65.2%Reduced
Icon Wealth Advisors, LLC5,035$118.9K0.01%+5,035New
Virtus ETF Advisers LLC5,204$122.9K0.07%00.0%Unchanged
Farther Finance Advisors, LLC5,434$128.3K0.00%+2,525+86.8%Added
FMR LLC5,571$131.5K0.00%+3,644+189.1%Added
Zurcher Kantonalbank (Zurich Cantonalbank)6,500$153.5K0.00%00.0%Unchanged
KLP Kapitalforvaltning AS7,100$167.6K0.00%00.0%Unchanged
Aquatic Capital Management LLC7,114$168.0K0.00%+5,137+259.8%Added
BNP Paribas Arbitrage, SA7,509$177.3K0.00%+1,462+24.2%Added
Quest Partners LLC7,580$179.0K0.01%+5,332+237.2%Added
Police & Firemen's Retirement System of New Jersey7,844$185.2K0.00%+2,086+36.2%Added
Universal- Beteiligungs- und Servicegesellschaft mbH8,490$200.4K0.00%00.0%Unchanged
Y-Intercept (Hong Kong) Ltd8,779$207.3K0.00%+8,779New
Arizona State Retirement System8,792$207.6K0.00%+606+7.4%Added
KG&L Capital Management,LLC8,831$208.5K0.06%00.0%Unchanged
Prime Capital Investment Advisors, LLC9,002$212.5K0.00%−10.0%Reduced
New York State Common Retirement Fund9,202$217.3K0.00%00.0%Unchanged
Asset Planning Services Inc10,000$236.0K0.10%00.0%Unchanged
D. E. Shaw & Co., Inc.10,451$246.7K0.00%+10,451New
HighTower Advisors, LLC10,493$247.7K0.00%+10,493New
Prudential Financial Inc10,495$247.8K0.00%+15+0.1%Added
Royal Bank of Canada10,670$251.0K0.00%−8,437−44.2%Reduced
XTX Topco Ltd11,261$265.9K0.01%+11,261New
STRS Ohio11,600$273.9K0.00%+4,700+68.1%Added
Thrivent Financial for Lutherans12,037$284.0K0.00%−25,404−67.9%Reduced
Intech Investment Management LLC12,240$289.0K0.00%+1,074+9.6%Added
Americana Partners, LLC12,338$291.3K0.01%00.0%Unchanged
The PNC Financial Services Group, Inc.12,641$298.5K0.00%+12,602+32,312.8%Added
Argent Advisors, Inc.12,949$305.7K0.09%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.13,310$314.2K0.00%−2,294−14.7%Reduced
Dynamic Technology Lab Private Ltd14,510$343.0K0.06%+454+3.2%Added
UBS Group AG14,711$347.3K0.00%−20,415−58.1%Reduced
Price T Rowe Associates Inc14,968$354.0K0.00%+731+5.1%Added
Squarepoint Ops LLC15,559$367.3K0.00%−27,561−63.9%Reduced
EntryPoint Capital, LLC15,774$372.4K0.14%+3,837+32.1%Added
Campbell & CO Investment Adviser LLC15,805$373.2K0.03%−1,946−11.0%Reduced
E&G Advisors, LP16,100$380.1K0.09%00.0%Unchanged
Rodgers Brothers Inc.16,500$389.6K0.05%00.0%Unchanged
Security National Bank16,965$400.5K0.06%00.0%Unchanged
MetLife Investment Management17,131$404.5K0.00%00.0%Unchanged
LPL Financial LLC17,978$424.5K0.00%−3,689−17.0%Reduced
State of Wisconsin Investment Board18,005$425.1K0.00%−10,800−37.5%Reduced
Ameriprise Financial Inc18,588$438.9K0.00%+2,942+18.8%Added
Millennium Management LLC19,183$452.9K0.00%−193,559−91.0%Reduced
LSV Asset Management19,270$455.0K0.00%−12,300−39.0%Reduced
Kings Path Partners LLC19,770$466.8K0.17%00.0%Unchanged
Stratos Wealth Partners, LTD.20,125$475.2K0.01%00.0%Unchanged
Marshall Wace, LLP20,800$491.1K0.00%−10,140−32.8%Reduced
Verition Fund Management LLC21,829$515.4K0.00%+21,829New
Wells Fargo & Company22,039$520.3K0.00%+3,561+19.3%Added
Deutsche Bank AG22,587$533.3K0.00%+4,476+24.7%Added
Penn Capital Management Co Inc25,191$594.8K0.05%+4,111+19.5%Added
Pathstone Holdings, LLC25,395$599.6K0.00%−25,395−50.0%Reduced
SG Americas Securities, LLC25,832$610.0K0.00%+25,832New
Two Sigma Advisers, LP27,100$639.8K0.00%+2,300+9.3%Added
California State Teachers Retirement System27,604$651.7K0.00%−4,560−14.2%Reduced
Ethos Financial Group, LLC27,631$652.4K0.05%00.0%Unchanged
Hartmann Taylor Wealth Management, LLC28,506$673.0K0.48%00.0%Unchanged
Great West Life Assurance Co28,545$676.0K0.00%00.0%Unchanged
UBS Asset Management Americas Inc29,703$701.3K0.00%−34,507−53.7%Reduced
Legal & General Group Plc29,770$702.9K0.00%−955−3.1%Reduced
Los Angeles Capital Management LLC30,901$729.6K0.00%−7,564−19.7%Reduced
Renaissance Technologies LLC31,800$750.8K0.00%+2,100+7.1%Added
Martingale Asset Management L P32,850$775.6K0.02%00.0%Unchanged