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 |
|---|---|---|---|---|---|
| California State Teachers Retirement System | 27,576 | $745.7K | 0.00% | −34−0.1% | Reduced |
| Ethos Financial Group, LLC | 27,631 | $747.1K | 0.05% | 00.0% | Unchanged |
| Teacher Retirement System of Texas | 28,787 | $778.4K | 0.00% | +19,095+197.0% | Added |
| Principal Financial Group Inc | 29,621 | $801.0K | 0.00% | +29,621 | New |
| FreeGulliver LLC | 30,014 | $811.6K | 0.34% | +30,014 | New |
| UBS Asset Management Americas Inc | 30,834 | $833.8K | 0.00% | +930+3.1% | Added |
| UBS Group AG | 31,009 | $838.5K | 0.00% | −162−0.5% | Reduced |
| LPL Financial LLC | 32,783 | $886.5K | 0.00% | +2,305+7.6% | Added |
| Gator Capital Management, LLC | 33,168 | $896.9K | 0.19% | −32,799−49.7% | Reduced |
| D. E. Shaw & Co., Inc. | 34,434 | $931.1K | 0.00% | +16,899+96.4% | Added |
| Jacobs Levy Equity Management, Inc | 35,153 | $950.5K | 0.00% | +4,183+13.5% | Added |
| Invesco Ltd. | 35,383 | $956.8K | 0.00% | −1,285−3.5% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 36,180 | $978.3K | 0.00% | −11,038−23.4% | Reduced |
| Meriwether Wealth & Planning, LLC | 37,583 | $1.02M | 0.56% | 00.0% | Unchanged |
| Geneos Wealth Management Inc. | 38,237 | $1.03M | 0.02% | 00.0% | Unchanged |
| Rhumbline Advisers | 38,792 | $1.05M | 0.00% | +2,092+5.7% | Added |
| Prudential Financial Inc | 40,305 | $1.09M | 0.00% | −7,410−15.5% | Reduced |
| Montz Harcus Wealth Management LLC | 40,530 | $1.10M | 0.44% | +217+0.5% | Added |
| Victory Capital Management Inc | 43,450 | $1.17M | 0.00% | −550−1.3% | Reduced |
| Citadel Advisors LLC | 43,537 | $1.18M | 0.00% | +31,615+265.2% | Added |
| Squarepoint Ops LLC | 45,243 | $1.22M | 0.00% | +32,216+247.3% | Added |
| Raymond James Financial Inc | 46,268 | $1.25M | 0.00% | −5,585−10.8% | Reduced |
| Pacific Ridge Capital Partners, LLC | 47,383 | $1.28M | 0.28% | +90.0% | Added |
| Kestra Advisory Services, LLC | 47,399 | $1.28M | 0.00% | +47,399 | New |
| Green Square Capital Advisors LLC | 47,736 | $1.29M | 0.14% | +47,736 | New |
| Vines Capital Management, LLC | 49,062 | $1.33M | 1.31% | +49,062 | New |
| Man Group plc | 49,593 | $1.34M | 0.00% | +7,431+17.6% | Added |
| Womack Financial LLC | 50,661 | $1.37M | 1.01% | −990−1.9% | Reduced |
| Bank of America Corp | 51,357 | $1.39M | 0.00% | −2,235−4.2% | Reduced |
| SEI Investments Co | 51,452 | $1.39M | 0.00% | +28,879+127.9% | Added |
| SRS Capital Advisors, Inc. | 54,565 | $1.48M | 0.04% | +54,561+1,364,025.0% | Added |
| Swiss National Bank | 57,608 | $1.56M | 0.00% | 00.0% | Unchanged |
| Summit Financial Wealth Advisors, LLC | 59,449 | $1.61M | 0.23% | +59,449 | New |
| Nuveen, LLC | 59,640 | $1.61M | 0.00% | +3,946+7.1% | Added |
| HSBC Holdings PLC | 60,396 | $1.64M | 0.00% | +60,396 | New |
| Smith Shellnut Wilson LLC | 61,136 | $1.65M | 0.72% | −10,000−14.1% | Reduced |
| Cresset Asset Management, LLC | 70,503 | $1.91M | 0.01% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 80,372 | $2.17M | 0.00% | +16,936+26.7% | Added |
| Creative Planning | 80,947 | $2.19M | 0.00% | +12,022+17.4% | Added |
| Polaris Capital Management, LLC | 82,400 | $2.23M | 0.18% | 00.0% | Unchanged |
| AQR Capital Management LLC | 100,857 | $2.73M | 0.00% | −2,406−2.3% | Reduced |
| Alliancebernstein L.P. | 104,638 | $2.74M | 0.00% | −7,500−6.7% | Reduced |
| First Trust Advisors LP | 115,651 | $3.13M | 0.00% | +10,301+9.8% | Added |
| Qube Research & Technologies Ltd | 116,841 | $3.16M | 0.00% | +97,150+493.4% | Added |
| Empowered Funds, LLC | 121,404 | $3.28M | 0.02% | +3,997+3.4% | Added |
| Goldman Sachs Group Inc | 161,773 | $4.37M | 0.00% | −14,857−8.4% | Reduced |
| Morgan Stanley | 177,163 | $4.79M | 0.00% | +5,073+2.9% | Added |
| Franklin Resources Inc | 178,547 | $4.83M | 0.00% | +23,388+15.1% | Added |
| Bridgeway Capital Management, LLC | 207,204 | $5.60M | 0.11% | +3,997+2.0% | Added |
| Vanguard Fiduciary Trust Co | 209,234 | $5.66M | 0.00% | +209,234 | New |
| Fourthstone LLC | 231,075 | $6.25M | 1.06% | +98,906+74.8% | Added |
| JPMorgan Chase & Co | 234,884 | $6.30M | 0.00% | −39,247−14.3% | Reduced |
| Banc Funds Co LLC | 234,257 | $6.33M | 1.18% | +43,708+22.9% | Added |
| Russell Investments Group, Ltd. | 241,401 | $6.53M | 0.01% | +8,069+3.5% | Added |
| Vanguard Portfolio Management LLC | 245,307 | $6.63M | 0.00% | +245,307 | New |
| Mendon Capital Advisors Corp | 250,000 | $6.76M | 2.62% | 00.0% | Unchanged |
| RMB Capital Management, LLC | 250,009 | $6.76M | 0.12% | 00.0% | Unchanged |
| Charles Schwab Investment Management Inc | 266,417 | $7.20M | 0.00% | +23,748+9.8% | Added |
| Northern Trust Corp | 296,091 | $8.01M | 0.00% | +34,521+13.2% | Added |
| Ranger Investment Management, L.P. | 321,290 | $8.69M | 0.63% | −1,085−0.3% | Reduced |
| Manufacturers Life Insurance Company, The | 434,931 | $11.8M | 0.01% | −4,925−1.1% | Reduced |
| Bank of New York Mellon Corp | 441,853 | $11.9M | 0.00% | +317,650+255.8% | Added |
| State Street Corp | 661,090 | $17.9M | 0.00% | +70,916+12.0% | Added |
| Geode Capital Management, LLC | 810,004 | $21.9M | 0.00% | +78,798+10.8% | Added |
| Royce & Associates LP | 836,098 | $22.6M | 0.22% | +12,734+1.5% | Added |
| American Century Companies Inc | 890,391 | $24.1M | 0.01% | +103,034+13.1% | Added |
| Janus Henderson Group PLC | 989,686 | $26.8M | 0.01% | +3,540+0.4% | Added |
| Dimensional Fund Advisors LP | 1,165,720 | $31.5M | 0.01% | +81,833+7.5% | Added |
| Vanguard Capital Management LLC | 1,431,162 | $38.7M | 0.00% | +1,431,162 | New |
| BlackRock, Inc. | 2,446,961 | $66.2M | 0.00% | +156,648+6.8% | Added |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −36,930−100.0% | Sold out |
| Campbell & CO Investment Adviser LLC | 0 | $0 | 0.00% | −20,670−100.0% | Sold out |
| Martingale Asset Management L P | 0 | $0 | 0.00% | −20,423−100.0% | Sold out |
| Renaissance Technologies LLC | 0 | $0 | 0.00% | −20,300−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −18,631−100.0% | Sold out |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −16,200−100.0% | Sold out |
| State of Tennessee, Treasury Department | 0 | $0 | 0.00% | −14,469−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −13,923−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −13,448−100.0% | Sold out |
| Thrivent Financial for Lutherans | 0 | $0 | 0.00% | −12,037−100.0% | Sold out |
| PharVision Advisers, LLC | 0 | $0 | 0.00% | −11,334−100.0% | Sold out |
| HighTower Advisors, LLC | 0 | $0 | 0.00% | −10,517−100.0% | Sold out |
| Verition Fund Management LLC | 0 | $0 | 0.00% | −10,319−100.0% | Sold out |
| VARCOV Co. | 0 | $0 | 0.00% | −10,190−100.0% | Sold out |
| Kingstone Capital Partners Texas, LLC | 0 | $0 | 0.00% | −10,071−100.0% | Sold out |
| State of Wisconsin Investment Board | 0 | $0 | 0.00% | −9,735−100.0% | Sold out |
| Quest Partners LLC | 0 | $0 | 0.00% | −6,361−100.0% | Sold out |
| Amalgamated Bank | 0 | $0 | 0.00% | −895−100.0% | Sold out |
| FWL Investment Management, LLC | 0 | $0 | 0.00% | −500−100.0% | Sold out |
| Assetmark, Inc | 0 | $0 | 0.00% | −8−100.0% | Sold out |
| Vanguard Group Inc | – | – | – | – | Not filed |
| Brandywine Global Investment Management, LLC | – | – | – | – | Not filed |