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 |
|---|---|---|---|---|---|
| SRS Capital Advisors, Inc. | 4 | $105 | 0.00% | −862−99.5% | Reduced |
| Fortitude Family Office, LLC | 5 | $131 | 0.00% | 00.0% | Unchanged |
| Assetmark, Inc | 8 | $209 | 0.00% | 00.0% | Unchanged |
| Sunbelt Securities, Inc. | 13 | $340 | 0.00% | +5+62.5% | Added |
| Trust Co | 17 | $444 | 0.00% | +17 | New |
| MAI Capital Management | 18 | $471 | 0.00% | +18 | New |
| Nisa Investment Advisors, LLC | 20 | $523 | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 35 | $915 | 0.00% | 00.0% | Unchanged |
| Rothschild Investment LLC | 58 | $1.52K | 0.00% | +34+141.7% | Added |
| Torren Management, LLC | 63 | $1.65K | 0.00% | +63 | New |
| True Wealth Design, LLC | 67 | $1.75K | 0.00% | +1+1.5% | Added |
| Covestor Ltd | 83 | $2.00K | 0.00% | +27+48.2% | Added |
| Advisor Group Holdings, Inc. | 79 | $2.08K | 0.00% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 87 | $2.27K | 0.00% | +87 | New |
| US Bancorp | 99 | $2.59K | 0.00% | +99 | New |
| Quadrant Capital Group LLC | 107 | $2.80K | 0.00% | −402−79.0% | Reduced |
| EverSource Wealth Advisors, LLC | 141 | $3.69K | 0.00% | −40−22.1% | Reduced |
| IFP Advisors, Inc | 148 | $3.87K | 0.00% | +90+155.2% | Added |
| Signaturefd, LLC | 152 | $3.97K | 0.00% | +30+24.6% | Added |
| Optiver Holding B.V. | 154 | $4.03K | 0.00% | 00.0% | Unchanged |
| Essential Partners LLC | 176 | $4.60K | 0.00% | +52+41.9% | Added |
| Allworth Financial LP | 194 | $5.07K | 0.00% | +129+198.5% | Added |
| Capital Advisors, Ltd. LLC | 226 | $6.00K | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 330 | $8.63K | 0.00% | −68−17.1% | Reduced |
| Adkins Seale Capital Management LLC | 499 | $13.0K | 0.01% | +499 | New |
| FWL Investment Management, LLC | 500 | $13.1K | 0.00% | −1,262−71.6% | Reduced |
| Tower Research Capital LLC (TRC) | 628 | $16.4K | 0.00% | −335−34.8% | Reduced |
| Quarry LP | 766 | $20.0K | 0.00% | +280+57.6% | Added |
| Amalgamated Bank | 895 | $23.0K | 0.00% | +37+4.3% | Added |
| Smartleaf Asset Management LLC | 1,099 | $28.8K | 0.00% | +1,092+15,600.0% | Added |
| State of Alaska, Department of Revenue | 1,189 | $31.0K | 0.00% | 00.0% | Unchanged |
| Delos Wealth Advisors, LLC | 1,258 | $32.9K | 0.02% | 00.0% | Unchanged |
| GWM Advisors LLC | 1,383 | $36.2K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 1,666 | $43.5K | 0.00% | 00.0% | Unchanged |
| Aquatic Capital Management LLC | 1,932 | $50.5K | 0.00% | −5,182−72.8% | Reduced |
| Ameritas Investment Partners, Inc. | 2,379 | $62.2K | 0.00% | 00.0% | Unchanged |
| Public Employees Retirement System of Ohio | 3,169 | $82.8K | 0.00% | 00.0% | Unchanged |
| Citigroup Inc | 4,313 | $112.7K | 0.00% | −267−5.8% | Reduced |
| Great West Life Assurance Co | 4,424 | $116.0K | 0.00% | −24,121−84.5% | Reduced |
| CWM, LLC | 4,446 | $116.0K | 0.00% | +1,188+36.5% | Added |
| Farther Finance Advisors, LLC | 5,670 | $148.2K | 0.00% | +236+4.3% | Added |
| FMR LLC | 6,085 | $159.1K | 0.00% | +514+9.2% | Added |
| KLP Kapitalforvaltning AS | 6,300 | $164.7K | 0.00% | −800−11.3% | Reduced |
| Quest Partners LLC | 6,361 | $166.3K | 0.01% | −1,219−16.1% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 6,500 | $169.9K | 0.00% | 00.0% | Unchanged |
| Police & Firemen's Retirement System of New Jersey | 7,844 | $205.0K | 0.00% | 00.0% | Unchanged |
| Daytona Street Capital LLC | 8,000 | $209.1K | 0.17% | +8,000 | New |
| Mercer Global Advisors Inc | 8,018 | $209.6K | 0.00% | +8,018 | New |
| Arizona State Retirement System | 8,235 | $215.3K | 0.00% | −557−6.3% | Reduced |
| Prime Capital Investment Advisors, LLC | 8,752 | $228.8K | 0.00% | −250−2.8% | Reduced |
| KG&L Capital Management,LLC | 8,831 | $230.8K | 0.06% | 00.0% | Unchanged |
| 1492 Capital Management LLC | 8,878 | $232.1K | 0.09% | +8,878 | New |
| JMN Financial LLC | 9,033 | $236.1K | 0.24% | +9,033 | New |
| DGS Capital Management, LLC | 9,148 | $239.1K | 0.04% | +9,148 | New |
| New York State Common Retirement Fund | 9,202 | $240.5K | 0.00% | 00.0% | Unchanged |
| Teacher Retirement System of Texas | 9,692 | $253.3K | 0.00% | +9,692 | New |
| State of Wisconsin Investment Board | 9,735 | $254.5K | 0.00% | −8,270−45.9% | Reduced |
| Canada Pension Plan Investment Board | 9,800 | $256.2K | 0.00% | +9,800 | New |
| Asset Planning Services Inc | 10,000 | $261.0K | 0.12% | 00.0% | Unchanged |
| Kingstone Capital Partners Texas, LLC | 10,071 | $263.0K | 0.15% | +10,071 | New |
| Intech Investment Management LLC | 10,118 | $264.5K | 0.00% | −2,122−17.3% | Reduced |
| VARCOV Co. | 10,190 | $266.4K | 0.11% | +10,190 | New |
| Royal Bank of Canada | 10,298 | $269.0K | 0.00% | −372−3.5% | Reduced |
| Verition Fund Management LLC | 10,319 | $269.7K | 0.00% | −11,510−52.7% | Reduced |
| HighTower Advisors, LLC | 10,517 | $274.9K | 0.00% | +24+0.2% | Added |
| BNP Paribas Arbitrage, SA | 10,711 | $280.0K | 0.00% | +3,202+42.6% | Added |
| Ieq Capital, LLC | 10,993 | $287.4K | 0.00% | +10,993 | New |
| Quantinno Capital Management LP | 11,045 | $288.7K | 0.00% | +11,045 | New |
| PharVision Advisers, LLC | 11,334 | $296.3K | 0.15% | +11,334 | New |
| STRS Ohio | 11,600 | $303.2K | 0.00% | 00.0% | Unchanged |
| Citadel Advisors LLC | 11,922 | $311.6K | 0.00% | +11,922 | New |
| Thrivent Financial for Lutherans | 12,037 | $315.0K | 0.00% | 00.0% | Unchanged |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 12,190 | $318.6K | 0.00% | +3,700+43.6% | Added |
| The PNC Financial Services Group, Inc. | 12,652 | $330.7K | 0.00% | +11+0.1% | Added |
| Argent Advisors, Inc. | 12,949 | $338.5K | 0.09% | 00.0% | Unchanged |
| Squarepoint Ops LLC | 13,027 | $340.5K | 0.00% | −2,532−16.3% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 13,259 | $346.6K | 0.00% | −51−0.4% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 13,448 | $351.5K | 0.01% | +4,669+53.2% | Added |
| Trexquant Investment LP | 13,923 | $363.9K | 0.00% | +13,923 | New |
| Sterling Capital Management LLC | 15,440 | $403.6K | 0.01% | +13,475+685.8% | Added |
| State of Tennessee, Treasury Department | 14,469 | $407.6K | 0.00% | +14,469 | New |
| EntryPoint Capital, LLC | 15,774 | $412.3K | 0.16% | 00.0% | Unchanged |
| E&G Advisors, LP | 16,100 | $420.9K | 0.09% | 00.0% | Unchanged |
| Two Sigma Advisers, LP | 16,200 | $423.5K | 0.00% | −10,900−40.2% | Reduced |
| Price T Rowe Associates Inc | 16,236 | $425.0K | 0.00% | +1,268+8.5% | Added |
| Rodgers Brothers Inc. | 16,500 | $431.3K | 0.05% | 00.0% | Unchanged |
| MetLife Investment Management | 17,131 | $447.8K | 0.00% | 00.0% | Unchanged |
| D. E. Shaw & Co., Inc. | 17,535 | $458.4K | 0.00% | +7,084+67.8% | Added |
| First Foundation Advisors | 17,966 | $469.6K | 0.02% | +17,966 | New |
| Ameriprise Financial Inc | 18,382 | $480.5K | 0.00% | −206−1.1% | Reduced |
| Jane Street Group, LLC | 18,631 | $487.0K | 0.00% | −28,143−60.2% | Reduced |
| LSV Asset Management | 19,270 | $504.0K | 0.00% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 19,691 | $514.7K | 0.00% | −40,576−67.3% | Reduced |
| Kings Path Partners LLC | 19,770 | $516.8K | 0.18% | 00.0% | Unchanged |
| Stratos Wealth Partners, LTD. | 20,125 | $526.1K | 0.01% | 00.0% | Unchanged |
| Renaissance Technologies LLC | 20,300 | $530.6K | 0.00% | −11,500−36.2% | Reduced |
| Martingale Asset Management L P | 20,423 | $533.9K | 0.01% | −12,427−37.8% | Reduced |
| Campbell & CO Investment Adviser LLC | 20,670 | $540.3K | 0.03% | +4,865+30.8% | Added |
| Penn Capital Management Co Inc | 21,956 | $573.9K | 0.05% | −3,235−12.8% | Reduced |
| Deutsche Bank AG | 22,394 | $585.4K | 0.00% | −193−0.9% | Reduced |