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 |
|---|---|---|---|---|---|
| SEI Investments Co | 22,573 | $590.1K | 0.00% | +22,573 | New |
| Los Angeles Capital Management LLC | 25,047 | $614.7K | 0.00% | −5,854−18.9% | Reduced |
| SG Americas Securities, LLC | 24,984 | $653.0K | 0.00% | −848−3.3% | Reduced |
| Pathstone Holdings, LLC | 25,395 | $663.8K | 0.00% | 00.0% | Unchanged |
| Legal & General Group Plc | 26,074 | $681.6K | 0.00% | −3,696−12.4% | Reduced |
| California State Teachers Retirement System | 27,610 | $721.7K | 0.00% | +60.0% | Added |
| Ethos Financial Group, LLC | 27,631 | $722.3K | 0.05% | 00.0% | Unchanged |
| Hartmann Taylor Wealth Management, LLC | 28,506 | $745.1K | 0.50% | 00.0% | Unchanged |
| UBS Asset Management Americas Inc | 29,904 | $781.7K | 0.00% | +201+0.7% | Added |
| LPL Financial LLC | 30,478 | $796.7K | 0.00% | +12,500+69.5% | Added |
| CenterBook Partners LP | 30,745 | $803.7K | 0.04% | −15,007−32.8% | Reduced |
| Jacobs Levy Equity Management, Inc | 30,970 | $809.6K | 0.00% | −3,391−9.9% | Reduced |
| UBS Group AG | 31,171 | $814.8K | 0.00% | +16,460+111.9% | Added |
| Wells Fargo & Company | 32,136 | $840.0K | 0.00% | +10,097+45.8% | Added |
| Invesco Ltd. | 36,668 | $958.5K | 0.00% | −2,269−5.8% | Reduced |
| Rhumbline Advisers | 36,700 | $959.3K | 0.00% | −5,375−12.8% | Reduced |
| Marshall Wace, LLP | 36,930 | $965.3K | 0.00% | +16,130+77.5% | Added |
| Meriwether Wealth & Planning, LLC | 37,583 | $982.4K | 0.55% | 00.0% | Unchanged |
| Geneos Wealth Management Inc. | 38,237 | $999.5K | 0.02% | −3,400−8.2% | Reduced |
| Montz Harcus Wealth Management LLC | 40,313 | $1.05M | 0.43% | +228+0.6% | Added |
| Brandywine Global Investment Management, LLC | 40,361 | $1.06M | 0.01% | −1,500−3.6% | Reduced |
| Man Group plc | 42,162 | $1.10M | 0.00% | +5,033+13.6% | Added |
| Victory Capital Management Inc | 44,000 | $1.15M | 0.00% | −4,000−8.3% | Reduced |
| Barclays PLC | 46,210 | $1.21M | 0.00% | +6,091+15.2% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 47,218 | $1.23M | 0.00% | −23,276−33.0% | Reduced |
| Pacific Ridge Capital Partners, LLC | 47,374 | $1.24M | 0.27% | +2,110+4.7% | Added |
| Prudential Financial Inc | 47,715 | $1.25M | 0.00% | +37,220+354.6% | Added |
| Womack Financial LLC | 51,651 | $1.35M | 1.00% | −1,054−2.0% | Reduced |
| Raymond James Financial Inc | 51,853 | $1.36M | 0.00% | −1,334−2.5% | Reduced |
| Bank of America Corp | 53,592 | $1.40M | 0.00% | +17,857+50.0% | Added |
| Nuveen, LLC | 55,694 | $1.46M | 0.00% | 00.0% | Unchanged |
| Swiss National Bank | 57,608 | $1.51M | 0.00% | 00.0% | Unchanged |
| Millennium Management LLC | 61,844 | $1.62M | 0.00% | +42,661+222.4% | Added |
| Two Sigma Investments, LP | 63,436 | $1.66M | 0.00% | +5,454+9.4% | Added |
| Gator Capital Management, LLC | 65,967 | $1.72M | 0.36% | +590+0.9% | Added |
| Creative Planning | 68,925 | $1.80M | 0.00% | +34,810+102.0% | Added |
| Cresset Asset Management, LLC | 70,503 | $1.84M | 0.01% | 00.0% | Unchanged |
| Smith Shellnut Wilson LLC | 71,136 | $1.86M | 0.71% | 00.0% | Unchanged |
| Polaris Capital Management, LLC | 82,400 | $2.15M | 0.18% | +5,400+7.0% | Added |
| Robertson Stephens Wealth Management, LLC | 95,862 | $2.51M | 0.07% | −37,594−28.2% | Reduced |
| AQR Capital Management LLC | 103,263 | $2.70M | 0.00% | +24,787+31.6% | Added |
| First Trust Advisors LP | 105,350 | $2.75M | 0.00% | −2,334−2.2% | Reduced |
| Alliancebernstein L.P. | 112,138 | $2.93M | 0.00% | −3,500−3.0% | Reduced |
| Empowered Funds, LLC | 117,407 | $3.07M | 0.05% | +15,959+15.7% | Added |
| Bank of New York Mellon Corp | 124,203 | $3.25M | 0.00% | −8,030−6.1% | Reduced |
| Fourthstone LLC | 132,169 | $3.45M | 0.65% | −31,855−19.4% | Reduced |
| Franklin Resources Inc | 155,159 | $4.06M | 0.00% | −29,151−15.8% | Reduced |
| Morgan Stanley | 172,090 | $4.50M | 0.00% | +28,964+20.2% | Added |
| Goldman Sachs Group Inc | 176,630 | $4.62M | 0.00% | +69,723+65.2% | Added |
| Banc Funds Co LLC | 190,549 | $4.98M | 0.99% | −78,715−29.2% | Reduced |
| Bridgeway Capital Management, LLC | 203,207 | $5.31M | 0.11% | +15,959+8.5% | Added |
| Russell Investments Group, Ltd. | 233,332 | $6.10M | 0.01% | +2,716+1.2% | Added |
| Charles Schwab Investment Management Inc | 242,669 | $6.34M | 0.00% | +858+0.4% | Added |
| Mendon Capital Advisors Corp | 250,000 | $6.54M | 2.56% | 00.0% | Unchanged |
| RMB Capital Management, LLC | 250,009 | $6.54M | 0.11% | +10.0% | Added |
| Northern Trust Corp | 261,570 | $6.84M | 0.00% | −16,907−6.1% | Reduced |
| JPMorgan Chase & Co | 274,131 | $7.17M | 0.00% | −38,615−12.3% | Reduced |
| Ranger Investment Management, L.P. | 322,375 | $8.43M | 0.58% | −23,480−6.8% | Reduced |
| Manufacturers Life Insurance Company, The | 439,856 | $11.5M | 0.01% | −4,401−1.0% | Reduced |
| State Street Corp | 590,174 | $15.4M | 0.00% | −8,329−1.4% | Reduced |
| Geode Capital Management, LLC | 731,206 | $19.1M | 0.00% | +14,576+2.0% | Added |
| American Century Companies Inc | 787,357 | $20.6M | 0.01% | +56,663+7.8% | Added |
| Royce & Associates LP | 823,364 | $21.5M | 0.22% | +175,284+27.0% | Added |
| Janus Henderson Group PLC | 986,146 | $25.8M | 0.01% | −32,661−3.2% | Reduced |
| Dimensional Fund Advisors LP | 1,083,887 | $28.3M | 0.01% | +59,639+5.8% | Added |
| Vanguard Group Inc | 1,648,151 | $43.1M | 0.00% | +57,053+3.6% | Added |
| BlackRock, Inc. | 2,290,313 | $59.9M | 0.00% | +44,052+2.0% | Added |
| Prospector Partners LLC | 0 | $0 | 0.00% | −35,600−100.0% | Sold out |
| Security National Bank | 0 | $0 | 0.00% | −16,965−100.0% | Sold out |
| Dynamic Technology Lab Private Ltd | 0 | $0 | 0.00% | −14,510−100.0% | Sold out |
| Americana Partners, LLC | 0 | $0 | 0.00% | −12,338−100.0% | Sold out |
| XTX Topco Ltd | 0 | $0 | 0.00% | −11,261−100.0% | Sold out |
| Virtus ETF Advisers LLC | 0 | $0 | 0.00% | −5,204−100.0% | Sold out |
| Icon Wealth Advisors, LLC | 0 | $0 | 0.00% | −5,035−100.0% | Sold out |
| Quantbot Technologies LP | 0 | $0 | 0.00% | −1,417−100.0% | Sold out |
| Jones Financial Companies LLLP | 0 | $0 | 0.00% | −1,200−100.0% | Sold out |
| CIBC Private Wealth Group, LLC | 0 | $0 | 0.00% | −40−100.0% | Sold out |
| SBI Securities Co., Ltd. | 0 | $0 | 0.00% | −1−100.0% | Sold out |
| Gries Financial LLC | – | – | – | – | Not filed |