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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, 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.

Institutional holdersQ1 2026: 170 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 heldQ1 2026: $457.4M
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, Q1 2026

Shares, value and share of portfolio for each institution holding Business First Bancshares, Inc.; share changes are against Q4 2025.

Institutions holding BFST in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Twin Peaks Wealth Advisors, LLC1$270.00%+1New
Fortitude Family Office, LLC5$1350.00%00.0%Unchanged
Keating Financial Advisory Services, Inc.10$2700.00%+10New
Sunbelt Securities, Inc.13$3520.00%00.0%Unchanged
Trust Co17$4620.00%00.0%Unchanged
MAI Capital Management19$5140.00%+1+5.6%Added
UMA Financial Services, Inc.30$8120.00%+30New
Quarry LP31$8380.00%−735−96.0%Reduced
Larson Financial Group LLC35$9460.00%00.0%Unchanged
Covestor Ltd27$1.00K0.00%−56−67.5%Reduced
Nisa Investment Advisors, LLC43$1.16K0.00%+23+115.0%Added
Root Financial Partners, LLC49$1.32K0.00%+49New
Torren Management, LLC63$1.70K0.00%00.0%Unchanged
True Wealth Design, LLC66$1.78K0.00%−1−1.5%Reduced
Versant Capital Management, Inc74$2.00K0.00%+74New
Advisor Group Holdings, Inc.76$2.06K0.00%−3−3.8%Reduced
Rothschild Investment LLC78$2.11K0.00%+20+34.5%Added
Optiver Holding B.V.106$2.87K0.00%−48−31.2%Reduced
Quadrant Capital Group LLC107$2.89K0.00%00.0%Unchanged
Essential Partners LLC135$3.65K0.00%−41−23.3%Reduced
EverSource Wealth Advisors, LLC135$3.65K0.00%−6−4.3%Reduced
US Bancorp143$3.87K0.00%+44+44.4%Added
IFP Advisors, Inc149$4.03K0.00%+1+0.7%Added
Signaturefd, LLC152$4.11K0.00%00.0%Unchanged
Jones Financial Companies LLLP193$5.13K0.00%+193New
Capital Advisors, Ltd. LLC226$6.00K0.00%00.0%Unchanged
Allworth Financial LP236$6.38K0.00%+42+21.6%Added
GAMMA Investing LLC330$8.92K0.00%00.0%Unchanged
Aquatic Capital Management LLC422$11.4K0.00%−1,510−78.2%Reduced
Rockefeller Capital Management L.P.432$11.7K0.00%+345+396.6%Added
Adkins Seale Capital Management LLC499$13.5K0.01%00.0%Unchanged
Smartleaf Asset Management LLC1,099$29.5K0.00%00.0%Unchanged
State of Alaska, Department of Revenue1,189$32.0K0.00%00.0%Unchanged
Delos Wealth Advisors, LLC1,258$34.0K0.02%00.0%Unchanged
GWM Advisors LLC1,383$37.4K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC1,666$45.0K0.00%00.0%Unchanged
Quantbot Technologies LP2,149$58.1K0.00%+2,149New
Tower Research Capital LLC (TRC)2,262$61.2K0.00%+1,634+260.2%Added
Ameritas Investment Partners, Inc.2,379$64.3K0.00%00.0%Unchanged
Public Employees Retirement System of Ohio3,169$85.7K0.00%00.0%Unchanged
FMR LLC4,097$110.8K0.00%−1,988−32.7%Reduced
Great West Life Assurance Co4,424$120.0K0.00%00.0%Unchanged
CWM, LLC4,453$120.4K0.00%+7+0.2%Added
Citigroup Inc5,287$143.0K0.00%+974+22.6%Added
KLP Kapitalforvaltning AS6,300$170.4K0.00%00.0%Unchanged
Vanguard Investments Australia, Ltd.6,543$176.9K0.00%+6,543New
Farther Finance Advisors, LLC6,956$190.5K0.00%+1,286+22.7%Added
Intech Investment Management LLC7,411$200.4K0.00%−2,707−26.8%Reduced
Ieq Capital, LLC7,758$209.8K0.00%−3,235−29.4%Reduced
Police & Firemen's Retirement System of New Jersey7,844$212.1K0.00%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)7,978$215.7K0.00%+1,478+22.7%Added
JMN Financial LLC7,986$215.9K0.21%−1,047−11.6%Reduced
Arizona State Retirement System8,131$219.9K0.00%−104−1.3%Reduced
DGS Capital Management, LLC8,165$220.8K0.04%−983−10.7%Reduced
Daytona Street Capital LLC8,000$220.8K0.18%00.0%Unchanged
Prime Capital Investment Advisors, LLC8,752$236.7K0.00%00.0%Unchanged
KG&L Capital Management,LLC8,831$238.8K0.17%00.0%Unchanged
New York State Common Retirement Fund9,202$248.8K0.00%00.0%Unchanged
BNP Paribas Arbitrage, SA9,537$257.9K0.00%−1,174−11.0%Reduced
Royal Bank of Canada9,729$263.0K0.00%−569−5.5%Reduced
Sterling Capital Management LLC9,785$264.6K0.01%−5,655−36.6%Reduced
Canada Pension Plan Investment Board9,800$265.0K0.00%00.0%Unchanged
Asset Planning Services Inc10,000$270.0K0.12%00.0%Unchanged
Mercer Global Advisors Inc10,124$273.7K0.00%+2,106+26.3%Added
SG Americas Securities, LLC10,323$279.0K0.00%−14,661−58.7%Reduced
Barclays PLC10,616$287.1K0.00%−35,594−77.0%Reduced
Susquehanna International Group, LLP10,916$295.2K0.00%+10,916New
Wells Fargo & Company12,104$327.3K0.00%−20,032−62.3%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH12,190$329.6K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.12,615$341.1K0.00%−37−0.3%Reduced
Mirae Asset Global ETFs Holdings Ltd.14,757$399.0K0.00%+1,498+11.3%Added
CenterBook Partners LP15,532$420.0K0.02%−15,213−49.5%Reduced
EntryPoint Capital, LLC15,774$426.5K0.13%00.0%Unchanged
E&G Advisors, LP16,100$435.3K0.10%00.0%Unchanged
1492 Capital Management LLC16,216$438.5K0.17%+7,338+82.7%Added
Rodgers Brothers Inc.16,500$446.2K0.05%00.0%Unchanged
Ameriprise Financial Inc16,522$446.8K0.00%−1,860−10.1%Reduced
MetLife Investment Management17,131$463.2K0.00%00.0%Unchanged
Vanguard Asset Management, Ltd17,440$471.6K0.00%+17,440New
First Foundation Advisors17,966$485.8K0.02%00.0%Unchanged
Quantinno Capital Management LP18,033$487.6K0.00%+6,988+63.3%Added
Hartmann Taylor Wealth Management, LLC18,506$500.4K0.33%−10,000−35.1%Reduced
Stratos Wealth Partners, LTD.18,550$501.6K0.01%−1,575−7.8%Reduced
LSV Asset Management19,270$521.0K0.00%00.0%Unchanged
Kings Path Partners LLC19,770$534.6K0.18%00.0%Unchanged
Texas Yale Capital Corp.19,890$537.8K0.02%+19,890New
MQS Management LLC21,397$578.6K0.39%+21,397New
Price T Rowe Associates Inc22,517$609.0K0.00%+6,281+38.7%Added
Legal & General Group Plc23,313$630.4K0.00%−2,761−10.6%Reduced
STRS Ohio23,400$632.7K0.00%+11,800+101.7%Added
Susquehanna Fundamental Investments, LLC24,028$649.7K0.02%+24,028New
Los Angeles Capital Management LLC24,368$658.9K0.00%−679−2.7%Reduced
Penn Capital Management Co Inc24,879$672.7K0.05%+2,923+13.3%Added
Argent Advisors, Inc.24,896$673.2K0.18%+11,947+92.3%Added
Pathstone Holdings, LLC25,395$686.7K0.00%00.0%Unchanged
Robertson Stephens Wealth Management, LLC25,486$689.1K0.02%−70,376−73.4%Reduced
Vident Advisory, LLC25,913$700.7K0.01%+25,913New
Deutsche Bank AG26,457$715.4K0.00%+4,063+18.1%Added
Vanguard Global Advisers, LLC27,019$730.6K0.00%+27,019New
Millennium Management LLC27,135$733.7K0.00%−34,709−56.1%Reduced