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, Q4 2025
Institutional positions in Business First Bancshares, Inc. as of Dec 31, 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
- 167
- +12 vs. Q3 2025
- Shares held
- 15.4M
- +361.4K (+2.4%) vs. Q3 2025
- Total value
- $402.5M
- +$47.5M (+13.4%) vs. Q3 2025
- New holders
- 23
- 54 more added
- Sold out
- 11
- 53 more reduced
1 institution that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 173 | $579.8M |
| Q1 2026 | 170 | $457.4M |
| Q4 2025 | 167 | $402.5M |
| Q3 2025 | 156 | $356.3M |
| Q2 2025 | 147 | $366.2M |
| Q1 2025 | 149 | $347.0M |
| Q4 2024 | 143 | $353.4M |
| Q3 2024 | 128 | $322.6M |
| Q2 2024 | 112 | $262.6M |
| Q1 2024 | 111 | $268.6M |
| Q4 2023 | 118 | $295.9M |
| Q3 2023 | 109 | $205.3M |
| Q2 2023 | 96 | $162.3M |
| Q1 2023 | 99 | $181.5M |
| Q4 2022 | 97 | $232.9M |
| Q3 2022 | 82 | $167.1M |
| Q2 2022 | 82 | $159.0M |
| Q1 2022 | 87 | $172.6M |
| Q4 2021 | 84 | $202.0M |
| Q3 2021 | 70 | $153.3M |
| Q2 2021 | 61 | $149.3M |
| Q1 2021 | 59 | $150.1M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Business First Bancshares, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 2,290,313 | $59.9M | 0.00% | +44,052+2.0% | Added |
| Vanguard Group Inc | 1,648,151 | $43.1M | 0.00% | +57,053+3.6% | Added |
| Dimensional Fund Advisors LP | 1,083,887 | $28.3M | 0.01% | +59,639+5.8% | Added |
| Janus Henderson Group PLC | 986,146 | $25.8M | 0.01% | −32,661−3.2% | Reduced |
| Royce & Associates LP | 823,364 | $21.5M | 0.22% | +175,284+27.0% | Added |
| American Century Companies Inc | 787,357 | $20.6M | 0.01% | +56,663+7.8% | Added |
| Geode Capital Management, LLC | 731,206 | $19.1M | 0.00% | +14,576+2.0% | Added |
| State Street Corp | 590,174 | $15.4M | 0.00% | −8,329−1.4% | Reduced |
| Manufacturers Life Insurance Company, The | 439,856 | $11.5M | 0.01% | −4,401−1.0% | Reduced |
| Ranger Investment Management, L.P. | 322,375 | $8.43M | 0.58% | −23,480−6.8% | Reduced |
| JPMorgan Chase & Co | 274,131 | $7.17M | 0.00% | −38,615−12.3% | Reduced |
| Northern Trust Corp | 261,570 | $6.84M | 0.00% | −16,907−6.1% | Reduced |
| RMB Capital Management, LLC | 250,009 | $6.54M | 0.11% | +10.0% | Added |
| Mendon Capital Advisors Corp | 250,000 | $6.54M | 2.56% | 00.0% | Unchanged |
| Charles Schwab Investment Management Inc | 242,669 | $6.34M | 0.00% | +858+0.4% | Added |
| Russell Investments Group, Ltd. | 233,332 | $6.10M | 0.01% | +2,716+1.2% | Added |
| Bridgeway Capital Management, LLC | 203,207 | $5.31M | 0.11% | +15,959+8.5% | Added |
| Banc Funds Co LLC | 190,549 | $4.98M | 0.99% | −78,715−29.2% | Reduced |
| Goldman Sachs Group Inc | 176,630 | $4.62M | 0.00% | +69,723+65.2% | Added |
| Morgan Stanley | 172,090 | $4.50M | 0.00% | +28,964+20.2% | Added |
| Franklin Resources Inc | 155,159 | $4.06M | 0.00% | −29,151−15.8% | Reduced |
| Fourthstone LLC | 132,169 | $3.45M | 0.65% | −31,855−19.4% | Reduced |
| Bank of New York Mellon Corp | 124,203 | $3.25M | 0.00% | −8,030−6.1% | Reduced |
| Empowered Funds, LLC | 117,407 | $3.07M | 0.05% | +15,959+15.7% | Added |
| Alliancebernstein L.P. | 112,138 | $2.93M | 0.00% | −3,500−3.0% | Reduced |
| First Trust Advisors LP | 105,350 | $2.75M | 0.00% | −2,334−2.2% | Reduced |
| AQR Capital Management LLC | 103,263 | $2.70M | 0.00% | +24,787+31.6% | Added |
| Robertson Stephens Wealth Management, LLC | 95,862 | $2.51M | 0.07% | −37,594−28.2% | Reduced |
| Polaris Capital Management, LLC | 82,400 | $2.15M | 0.18% | +5,400+7.0% | Added |
| Smith Shellnut Wilson LLC | 71,136 | $1.86M | 0.71% | 00.0% | Unchanged |
| Cresset Asset Management, LLC | 70,503 | $1.84M | 0.01% | 00.0% | Unchanged |
| Creative Planning | 68,925 | $1.80M | 0.00% | +34,810+102.0% | Added |
| Gator Capital Management, LLC | 65,967 | $1.72M | 0.36% | +590+0.9% | Added |
| Two Sigma Investments, LP | 63,436 | $1.66M | 0.00% | +5,454+9.4% | Added |
| Millennium Management LLC | 61,844 | $1.62M | 0.00% | +42,661+222.4% | Added |
| Swiss National Bank | 57,608 | $1.51M | 0.00% | 00.0% | Unchanged |
| Nuveen, LLC | 55,694 | $1.46M | 0.00% | 00.0% | Unchanged |
| Bank of America Corp | 53,592 | $1.40M | 0.00% | +17,857+50.0% | Added |
| Raymond James Financial Inc | 51,853 | $1.36M | 0.00% | −1,334−2.5% | Reduced |
| Womack Financial LLC | 51,651 | $1.35M | 1.00% | −1,054−2.0% | Reduced |
| Prudential Financial Inc | 47,715 | $1.25M | 0.00% | +37,220+354.6% | Added |
| Pacific Ridge Capital Partners, LLC | 47,374 | $1.24M | 0.27% | +2,110+4.7% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 47,218 | $1.23M | 0.00% | −23,276−33.0% | Reduced |
| Barclays PLC | 46,210 | $1.21M | 0.00% | +6,091+15.2% | Added |
| Victory Capital Management Inc | 44,000 | $1.15M | 0.00% | −4,000−8.3% | Reduced |
| Man Group plc | 42,162 | $1.10M | 0.00% | +5,033+13.6% | Added |
| Brandywine Global Investment Management, LLC | 40,361 | $1.06M | 0.01% | −1,500−3.6% | Reduced |
| Montz Harcus Wealth Management LLC | 40,313 | $1.05M | 0.43% | +228+0.6% | Added |
| Geneos Wealth Management Inc. | 38,237 | $999.5K | 0.02% | −3,400−8.2% | Reduced |
| Meriwether Wealth & Planning, LLC | 37,583 | $982.4K | 0.55% | 00.0% | Unchanged |
| Marshall Wace, LLP | 36,930 | $965.3K | 0.00% | +16,130+77.5% | Added |
| Rhumbline Advisers | 36,700 | $959.3K | 0.00% | −5,375−12.8% | Reduced |
| Invesco Ltd. | 36,668 | $958.5K | 0.00% | −2,269−5.8% | Reduced |
| Wells Fargo & Company | 32,136 | $840.0K | 0.00% | +10,097+45.8% | Added |
| UBS Group AG | 31,171 | $814.8K | 0.00% | +16,460+111.9% | Added |
| Jacobs Levy Equity Management, Inc | 30,970 | $809.6K | 0.00% | −3,391−9.9% | Reduced |
| CenterBook Partners LP | 30,745 | $803.7K | 0.04% | −15,007−32.8% | Reduced |
| LPL Financial LLC | 30,478 | $796.7K | 0.00% | +12,500+69.5% | Added |
| UBS Asset Management Americas Inc | 29,904 | $781.7K | 0.00% | +201+0.7% | Added |
| Hartmann Taylor Wealth Management, LLC | 28,506 | $745.1K | 0.50% | 00.0% | Unchanged |
| Ethos Financial Group, LLC | 27,631 | $722.3K | 0.05% | 00.0% | Unchanged |
| California State Teachers Retirement System | 27,610 | $721.7K | 0.00% | +60.0% | Added |
| Legal & General Group Plc | 26,074 | $681.6K | 0.00% | −3,696−12.4% | Reduced |
| Pathstone Holdings, LLC | 25,395 | $663.8K | 0.00% | 00.0% | Unchanged |
| SG Americas Securities, LLC | 24,984 | $653.0K | 0.00% | −848−3.3% | Reduced |
| Los Angeles Capital Management LLC | 25,047 | $614.7K | 0.00% | −5,854−18.9% | Reduced |
| SEI Investments Co | 22,573 | $590.1K | 0.00% | +22,573 | New |
| Deutsche Bank AG | 22,394 | $585.4K | 0.00% | −193−0.9% | Reduced |
| Penn Capital Management Co Inc | 21,956 | $573.9K | 0.05% | −3,235−12.8% | Reduced |
| Campbell & CO Investment Adviser LLC | 20,670 | $540.3K | 0.03% | +4,865+30.8% | Added |
| Martingale Asset Management L P | 20,423 | $533.9K | 0.01% | −12,427−37.8% | Reduced |
| Renaissance Technologies LLC | 20,300 | $530.6K | 0.00% | −11,500−36.2% | Reduced |
| Stratos Wealth Partners, LTD. | 20,125 | $526.1K | 0.01% | 00.0% | Unchanged |
| Kings Path Partners LLC | 19,770 | $516.8K | 0.18% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 19,691 | $514.7K | 0.00% | −40,576−67.3% | Reduced |
| LSV Asset Management | 19,270 | $504.0K | 0.00% | 00.0% | Unchanged |
| Jane Street Group, LLC | 18,631 | $487.0K | 0.00% | −28,143−60.2% | Reduced |
| Ameriprise Financial Inc | 18,382 | $480.5K | 0.00% | −206−1.1% | Reduced |
| First Foundation Advisors | 17,966 | $469.6K | 0.02% | +17,966 | New |
| D. E. Shaw & Co., Inc. | 17,535 | $458.4K | 0.00% | +7,084+67.8% | Added |
| MetLife Investment Management | 17,131 | $447.8K | 0.00% | 00.0% | Unchanged |
| Rodgers Brothers Inc. | 16,500 | $431.3K | 0.05% | 00.0% | Unchanged |
| Price T Rowe Associates Inc | 16,236 | $425.0K | 0.00% | +1,268+8.5% | Added |
| Two Sigma Advisers, LP | 16,200 | $423.5K | 0.00% | −10,900−40.2% | Reduced |
| E&G Advisors, LP | 16,100 | $420.9K | 0.09% | 00.0% | Unchanged |
| EntryPoint Capital, LLC | 15,774 | $412.3K | 0.16% | 00.0% | Unchanged |
| State of Tennessee, Treasury Department | 14,469 | $407.6K | 0.00% | +14,469 | New |
| Sterling Capital Management LLC | 15,440 | $403.6K | 0.01% | +13,475+685.8% | Added |
| Trexquant Investment LP | 13,923 | $363.9K | 0.00% | +13,923 | New |
| Y-Intercept (Hong Kong) Ltd | 13,448 | $351.5K | 0.01% | +4,669+53.2% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 13,259 | $346.6K | 0.00% | −51−0.4% | Reduced |
| Squarepoint Ops LLC | 13,027 | $340.5K | 0.00% | −2,532−16.3% | Reduced |
| Argent Advisors, Inc. | 12,949 | $338.5K | 0.09% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 12,652 | $330.7K | 0.00% | +11+0.1% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 12,190 | $318.6K | 0.00% | +3,700+43.6% | Added |
| Thrivent Financial for Lutherans | 12,037 | $315.0K | 0.00% | 00.0% | Unchanged |
| Citadel Advisors LLC | 11,922 | $311.6K | 0.00% | +11,922 | New |
| STRS Ohio | 11,600 | $303.2K | 0.00% | 00.0% | Unchanged |
| PharVision Advisers, LLC | 11,334 | $296.3K | 0.15% | +11,334 | New |
| Quantinno Capital Management LP | 11,045 | $288.7K | 0.00% | +11,045 | New |