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, Q1 2026
Institutional positions in Business First Bancshares, Inc. as of Mar 31, 2026. 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
- 170
- +5 vs. Q4 2025
- Shares held
- 16.9M
- +3.21M (+23.4%) vs. Q4 2025
- Total value
- $457.4M
- +$99.0M (+27.6%) vs. Q4 2025
- New holders
- 25
- 56 more added
- Sold out
- 20
- 46 more reduced
2 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Business First Bancshares, Inc.; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 2,446,961 | $66.2M | 0.00% | +156,648+6.8% | Added |
| Vanguard Capital Management LLC | 1,431,162 | $38.7M | 0.00% | +1,431,162 | New |
| Dimensional Fund Advisors LP | 1,165,720 | $31.5M | 0.01% | +81,833+7.5% | Added |
| Janus Henderson Group PLC | 989,686 | $26.8M | 0.01% | +3,540+0.4% | Added |
| American Century Companies Inc | 890,391 | $24.1M | 0.01% | +103,034+13.1% | Added |
| Royce & Associates LP | 836,098 | $22.6M | 0.22% | +12,734+1.5% | Added |
| Geode Capital Management, LLC | 810,004 | $21.9M | 0.00% | +78,798+10.8% | Added |
| State Street Corp | 661,090 | $17.9M | 0.00% | +70,916+12.0% | Added |
| Bank of New York Mellon Corp | 441,853 | $11.9M | 0.00% | +317,650+255.8% | Added |
| Manufacturers Life Insurance Company, The | 434,931 | $11.8M | 0.01% | −4,925−1.1% | Reduced |
| Ranger Investment Management, L.P. | 321,290 | $8.69M | 0.63% | −1,085−0.3% | Reduced |
| Northern Trust Corp | 296,091 | $8.01M | 0.00% | +34,521+13.2% | Added |
| Charles Schwab Investment Management Inc | 266,417 | $7.20M | 0.00% | +23,748+9.8% | Added |
| RMB Capital Management, LLC | 250,009 | $6.76M | 0.12% | 00.0% | Unchanged |
| Mendon Capital Advisors Corp | 250,000 | $6.76M | 2.62% | 00.0% | Unchanged |
| Vanguard Portfolio Management LLC | 245,307 | $6.63M | 0.00% | +245,307 | New |
| Russell Investments Group, Ltd. | 241,401 | $6.53M | 0.01% | +8,069+3.5% | Added |
| Banc Funds Co LLC | 234,257 | $6.33M | 1.18% | +43,708+22.9% | Added |
| JPMorgan Chase & Co | 234,884 | $6.30M | 0.00% | −39,247−14.3% | Reduced |
| Fourthstone LLC | 231,075 | $6.25M | 1.06% | +98,906+74.8% | Added |
| Vanguard Fiduciary Trust Co | 209,234 | $5.66M | 0.00% | +209,234 | New |
| Bridgeway Capital Management, LLC | 207,204 | $5.60M | 0.11% | +3,997+2.0% | Added |
| Franklin Resources Inc | 178,547 | $4.83M | 0.00% | +23,388+15.1% | Added |
| Morgan Stanley | 177,163 | $4.79M | 0.00% | +5,073+2.9% | Added |
| Goldman Sachs Group Inc | 161,773 | $4.37M | 0.00% | −14,857−8.4% | Reduced |
| Empowered Funds, LLC | 121,404 | $3.28M | 0.02% | +3,997+3.4% | Added |
| Qube Research & Technologies Ltd | 116,841 | $3.16M | 0.00% | +97,150+493.4% | Added |
| First Trust Advisors LP | 115,651 | $3.13M | 0.00% | +10,301+9.8% | Added |
| Alliancebernstein L.P. | 104,638 | $2.74M | 0.00% | −7,500−6.7% | Reduced |
| AQR Capital Management LLC | 100,857 | $2.73M | 0.00% | −2,406−2.3% | Reduced |
| Polaris Capital Management, LLC | 82,400 | $2.23M | 0.18% | 00.0% | Unchanged |
| Creative Planning | 80,947 | $2.19M | 0.00% | +12,022+17.4% | Added |
| Two Sigma Investments, LP | 80,372 | $2.17M | 0.00% | +16,936+26.7% | Added |
| Cresset Asset Management, LLC | 70,503 | $1.91M | 0.01% | 00.0% | Unchanged |
| Smith Shellnut Wilson LLC | 61,136 | $1.65M | 0.72% | −10,000−14.1% | Reduced |
| HSBC Holdings PLC | 60,396 | $1.64M | 0.00% | +60,396 | New |
| Nuveen, LLC | 59,640 | $1.61M | 0.00% | +3,946+7.1% | Added |
| Summit Financial Wealth Advisors, LLC | 59,449 | $1.61M | 0.23% | +59,449 | New |
| Swiss National Bank | 57,608 | $1.56M | 0.00% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 54,565 | $1.48M | 0.04% | +54,561+1,364,025.0% | Added |
| SEI Investments Co | 51,452 | $1.39M | 0.00% | +28,879+127.9% | Added |
| Bank of America Corp | 51,357 | $1.39M | 0.00% | −2,235−4.2% | Reduced |
| Womack Financial LLC | 50,661 | $1.37M | 1.01% | −990−1.9% | Reduced |
| Man Group plc | 49,593 | $1.34M | 0.00% | +7,431+17.6% | Added |
| Vines Capital Management, LLC | 49,062 | $1.33M | 1.31% | +49,062 | New |
| Green Square Capital Advisors LLC | 47,736 | $1.29M | 0.14% | +47,736 | New |
| Kestra Advisory Services, LLC | 47,399 | $1.28M | 0.00% | +47,399 | New |
| Pacific Ridge Capital Partners, LLC | 47,383 | $1.28M | 0.28% | +90.0% | Added |
| Raymond James Financial Inc | 46,268 | $1.25M | 0.00% | −5,585−10.8% | Reduced |
| Squarepoint Ops LLC | 45,243 | $1.22M | 0.00% | +32,216+247.3% | Added |
| Citadel Advisors LLC | 43,537 | $1.18M | 0.00% | +31,615+265.2% | Added |
| Victory Capital Management Inc | 43,450 | $1.17M | 0.00% | −550−1.3% | Reduced |
| Montz Harcus Wealth Management LLC | 40,530 | $1.10M | 0.44% | +217+0.5% | Added |
| Prudential Financial Inc | 40,305 | $1.09M | 0.00% | −7,410−15.5% | Reduced |
| Rhumbline Advisers | 38,792 | $1.05M | 0.00% | +2,092+5.7% | Added |
| Geneos Wealth Management Inc. | 38,237 | $1.03M | 0.02% | 00.0% | Unchanged |
| Meriwether Wealth & Planning, LLC | 37,583 | $1.02M | 0.56% | 00.0% | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. | 36,180 | $978.3K | 0.00% | −11,038−23.4% | Reduced |
| Invesco Ltd. | 35,383 | $956.8K | 0.00% | −1,285−3.5% | Reduced |
| Jacobs Levy Equity Management, Inc | 35,153 | $950.5K | 0.00% | +4,183+13.5% | Added |
| D. E. Shaw & Co., Inc. | 34,434 | $931.1K | 0.00% | +16,899+96.4% | Added |
| Gator Capital Management, LLC | 33,168 | $896.9K | 0.19% | −32,799−49.7% | Reduced |
| LPL Financial LLC | 32,783 | $886.5K | 0.00% | +2,305+7.6% | Added |
| UBS Group AG | 31,009 | $838.5K | 0.00% | −162−0.5% | Reduced |
| UBS Asset Management Americas Inc | 30,834 | $833.8K | 0.00% | +930+3.1% | Added |
| FreeGulliver LLC | 30,014 | $811.6K | 0.34% | +30,014 | New |
| Principal Financial Group Inc | 29,621 | $801.0K | 0.00% | +29,621 | New |
| Teacher Retirement System of Texas | 28,787 | $778.4K | 0.00% | +19,095+197.0% | Added |
| Ethos Financial Group, LLC | 27,631 | $747.1K | 0.05% | 00.0% | Unchanged |
| California State Teachers Retirement System | 27,576 | $745.7K | 0.00% | −34−0.1% | Reduced |
| Millennium Management LLC | 27,135 | $733.7K | 0.00% | −34,709−56.1% | Reduced |
| Vanguard Global Advisers, LLC | 27,019 | $730.6K | 0.00% | +27,019 | New |
| Deutsche Bank AG | 26,457 | $715.4K | 0.00% | +4,063+18.1% | Added |
| Vident Advisory, LLC | 25,913 | $700.7K | 0.01% | +25,913 | New |
| Robertson Stephens Wealth Management, LLC | 25,486 | $689.1K | 0.02% | −70,376−73.4% | Reduced |
| Pathstone Holdings, LLC | 25,395 | $686.7K | 0.00% | 00.0% | Unchanged |
| Argent Advisors, Inc. | 24,896 | $673.2K | 0.18% | +11,947+92.3% | Added |
| Penn Capital Management Co Inc | 24,879 | $672.7K | 0.05% | +2,923+13.3% | Added |
| Los Angeles Capital Management LLC | 24,368 | $658.9K | 0.00% | −679−2.7% | Reduced |
| Susquehanna Fundamental Investments, LLC | 24,028 | $649.7K | 0.02% | +24,028 | New |
| STRS Ohio | 23,400 | $632.7K | 0.00% | +11,800+101.7% | Added |
| Legal & General Group Plc | 23,313 | $630.4K | 0.00% | −2,761−10.6% | Reduced |
| Price T Rowe Associates Inc | 22,517 | $609.0K | 0.00% | +6,281+38.7% | Added |
| MQS Management LLC | 21,397 | $578.6K | 0.39% | +21,397 | New |
| Texas Yale Capital Corp. | 19,890 | $537.8K | 0.02% | +19,890 | New |
| Kings Path Partners LLC | 19,770 | $534.6K | 0.18% | 00.0% | Unchanged |
| LSV Asset Management | 19,270 | $521.0K | 0.00% | 00.0% | Unchanged |
| Stratos Wealth Partners, LTD. | 18,550 | $501.6K | 0.01% | −1,575−7.8% | Reduced |
| Hartmann Taylor Wealth Management, LLC | 18,506 | $500.4K | 0.33% | −10,000−35.1% | Reduced |
| Quantinno Capital Management LP | 18,033 | $487.6K | 0.00% | +6,988+63.3% | Added |
| First Foundation Advisors | 17,966 | $485.8K | 0.02% | 00.0% | Unchanged |
| Vanguard Asset Management, Ltd | 17,440 | $471.6K | 0.00% | +17,440 | New |
| MetLife Investment Management | 17,131 | $463.2K | 0.00% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 16,522 | $446.8K | 0.00% | −1,860−10.1% | Reduced |
| Rodgers Brothers Inc. | 16,500 | $446.2K | 0.05% | 00.0% | Unchanged |
| 1492 Capital Management LLC | 16,216 | $438.5K | 0.17% | +7,338+82.7% | Added |
| E&G Advisors, LP | 16,100 | $435.3K | 0.10% | 00.0% | Unchanged |
| EntryPoint Capital, LLC | 15,774 | $426.5K | 0.13% | 00.0% | Unchanged |
| CenterBook Partners LP | 15,532 | $420.0K | 0.02% | −15,213−49.5% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 14,757 | $399.0K | 0.00% | +1,498+11.3% | Added |