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First Business Financial Services, Inc.

FBIZ
Exchange
Nasdaq
Industry
State Commercial Banks
SEC CIK
0001521951

In the last 90 days, First Business Financial Services, Inc. insiders filed 0 open-market purchases and 1 sale; 141 institutions reported holding it in 13F filings for Q2 2026, worth $375.1M in total; no superinvestor holds it.

13F holders, Q4 2021

Institutional positions in First Business Financial Services, Inc. as of Dec 31, 2021. 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
75
−1 vs. Q3 2021
Shares held
5.11M
+90.6K (+1.8%) vs. Q3 2021
Total value
$149.0M
+$4.94M (+3.4%) vs. Q3 2021
New holders
6
23 more added
Sold out
7
24 more reduced

Compare with Q3 2021: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting FBIZ 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 holdersQ4 2021: 75 institutions
Q1 2021: 77 institutionsQ2 2021: 78 institutionsQ3 2021: 76 institutionsQ4 2021: 75 institutionsQ1 2022: 77 institutionsQ2 2022: 90 institutionsQ3 2022: 86 institutionsQ4 2022: 89 institutionsQ1 2023: 85 institutionsQ2 2023: 80 institutionsQ3 2023: 82 institutionsQ4 2023: 84 institutionsQ1 2024: 84 institutionsQ2 2024: 88 institutionsQ3 2024: 94 institutionsQ4 2024: 104 institutionsQ1 2025: 116 institutionsQ2 2025: 117 institutionsQ3 2025: 136 institutionsQ4 2025: 139 institutionsQ1 2026: 144 institutionsQ2 2026: 141 institutions
Value heldQ4 2021: $149.0M
Q1 2021: $137.8MQ2 2021: $140.0MQ3 2021: $144.1MQ4 2021: $149.0MQ1 2022: $171.0MQ2 2022: $172.3MQ3 2022: $180.3MQ4 2022: $196.2MQ1 2023: $162.8MQ2 2023: $156.0MQ3 2023: $156.1MQ4 2023: $207.0MQ1 2024: $194.9MQ2 2024: $192.6MQ3 2024: $241.3MQ4 2024: $257.0MQ1 2025: $264.0MQ2 2025: $285.2MQ3 2025: $292.2MQ4 2025: $310.6MQ1 2026: $311.6MQ2 2026: $375.1M
Institutions holding FBIZ and their total value by quarter
QuarterHoldersValue
Q2 2026141$375.1M
Q1 2026144$311.6M
Q4 2025139$310.6M
Q3 2025136$292.2M
Q2 2025117$285.2M
Q1 2025116$264.0M
Q4 2024104$257.0M
Q3 202494$241.3M
Q2 202488$192.6M
Q1 202484$194.9M
Q4 202384$207.0M
Q3 202382$156.1M
Q2 202380$156.0M
Q1 202385$162.8M
Q4 202289$196.2M
Q3 202286$180.3M
Q2 202290$172.3M
Q1 202277$171.0M
Q4 202175$149.0M
Q3 202176$144.1M
Q2 202178$140.0M
Q1 202177$137.8M

Institutions, Q4 2021

Shares, value and share of portfolio for each institution holding First Business Financial Services, Inc.; share changes are against Q3 2021.

Institutions holding FBIZ in Q4 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Captrust Financial Advisors17$00.00%−23−57.5%Reduced
Wells Fargo & Company44$1.00K0.00%−2,000−97.8%Reduced
BNP Paribas Arbitrage, SA82$2.39K0.00%−57−41.0%Reduced
Tower Research Capital LLC (TRC)105$3.00K0.00%+85+425.0%Added
JCSD Capital, LLC100$3.00K0.00%+100New
Advisor Group Holdings, Inc.142$4.00K0.00%+1+0.7%Added
Atwood & Palmer Inc200$6.00K0.00%00.0%Unchanged
Harbour Investments, Inc.308$9.00K0.00%−2,000−86.7%Reduced
Optiver Holding B.V.548$16.0K0.00%00.0%Unchanged
Marshall Wace, LLP648$18.0K0.00%−18,792−96.7%Reduced
Public Employees Retirement System of Ohio900$26.0K0.00%00.0%Unchanged
Lazard Asset Management LLC901$26.0K0.00%+901New
Johnson Financial Group, Inc.1,956$57.0K0.00%00.0%Unchanged
US Bancorp2,000$58.0K0.00%00.0%Unchanged
Hillsdale Investment Management Inc.2,600$76.0K0.01%+600+30.0%Added
Russell Investments Group, Ltd.3,905$113.0K0.00%+2,005+105.5%Added
JPMorgan Chase & Co4,783$140.0K0.00%+4,783New
Northern Oak Wealth Management Inc6,102$178.0K0.02%+36+0.6%Added
Winton Group Ltd7,341$214.0K0.01%−12,658−63.3%Reduced
Mattern Wealth Management LLC8,000$233.0K0.07%00.0%Unchanged
Kestra Advisory Services, LLC9,200$268.0K0.00%00.0%Unchanged
Baird Financial Group, Inc.9,240$270.0K0.00%00.0%Unchanged
Ameriprise Financial Inc9,600$280.0K0.00%00.0%Unchanged
Connor, Clark & Lunn Investment Management Ltd.10,266$299.0K0.00%+868+9.2%Added
Royal Bank of Canada11,936$348.0K0.00%+4,536+61.3%Added
Globeflex Capital L P12,134$354.0K0.07%00.0%Unchanged
Riverwater Partners LLC12,295$359.0K0.32%+12,295New
HRT Financial LP12,753$372.0K0.00%−8,186−39.1%Reduced
Two Sigma Advisers, LP13,000$379.0K0.00%−3,000−18.8%Reduced
Two Sigma Investments, LP13,208$385.0K0.00%−476−3.5%Reduced
Eidelman Virant Capital13,500$397.0K0.15%00.0%Unchanged
Jacobs Levy Equity Management, Inc14,178$414.0K0.00%+6,126+76.1%Added
HSBC Holdings PLC15,444$450.0K0.00%00.0%Unchanged
Bank of New York Mellon Corp16,107$469.0K0.00%−5,346−24.9%Reduced
Morgan Stanley18,048$527.0K0.00%−343−1.9%Reduced
Kennedy Capital Management, Inc.19,855$579.0K0.01%+1,821+10.1%Added
Barclays PLC20,501$598.0K0.00%−1,185−5.5%Reduced
Bank of America Corp20,771$606.0K0.00%−54−0.3%Reduced
Susquehanna International Group, LLP23,657$690.0K0.00%+7,663+47.9%Added
Uncommon Cents Investing LLC23,805$694.0K0.26%+2,256+10.5%Added
Gator Capital Management, LLC23,808$694.0K0.50%+23,808New
Arrowstreet Capital, Limited Partnership23,944$698.0K0.00%−4,693−16.4%Reduced
State Street Corp24,251$707.0K0.00%00.0%Unchanged
American Century Companies Inc24,221$707.0K0.00%+6,341+35.5%Added
Price T Rowe Associates Inc26,488$773.0K0.00%00.0%Unchanged
Federated Hermes, Inc.32,624$952.0K0.00%+78+0.2%Added
Susquehanna Fundamental Investments, LLC34,400$1.00M0.03%00.0%Unchanged
Vista Investment Management46,090$1.34M0.73%+2,381+5.4%Added
John W. Rosenthal Capital Management, Inc.50,000$1.46M1.10%00.0%Unchanged
Goldman Sachs Group Inc50,124$1.46M0.00%−615−1.2%Reduced
Northern Trust Corp50,407$1.47M0.00%−1,189−2.3%Reduced
Acadian Asset Management LLC55,953$1.63M0.01%+6,244+12.6%Added
Poehling Capital Management, LLC60,327$1.76M0.57%00.0%Unchanged
Geode Capital Management, LLC62,971$1.84M0.00%00.0%Unchanged
Brandywine Global Investment Management, LLC72,216$2.11M0.02%−2,100−2.8%Reduced
Hotchkis & Wiley Capital Management LLC76,386$2.23M0.01%−1,000−1.3%Reduced
Bridgeway Capital Management, LLC85,208$2.49M0.05%00.0%Unchanged
Basswood Capital Management, L.L.C.86,078$2.51M0.12%−3,612−4.0%Reduced
Millennium Management LLC99,154$2.89M0.00%+7,821+8.6%Added
LSV Asset Management100,345$2.93M0.01%−10,580−9.5%Reduced
River Oaks Capital LLC120,853$3.52M3.26%+120,853New
BlackRock Inc.121,418$3.54M0.00%+10,174+9.1%Added
BHZ Capital Management, LP123,524$3.60M1.43%00.0%Unchanged
Cutler Capital Management, LLC131,000$3.82M1.39%+4,000+3.1%Added
Alliancebernstein L.P.132,590$3.87M0.00%+2,884+2.2%Added
Franklin Resources Inc145,900$4.26M0.00%00.0%Unchanged
Fourthstone LLC211,053$6.16M2.32%+23,711+12.7%Added
Renaissance Technologies LLC226,465$6.61M0.01%−20,641−8.4%Reduced
M3F, Inc.242,219$7.07M2.37%00.0%Unchanged
Pacific Ridge Capital Partners, LLC304,236$8.88M1.58%+14,900+5.1%Added
Vanguard Group Inc330,235$9.63M0.00%−1,275−0.4%Reduced
First Business Financial Services, Inc.342,705$10.0M1.06%+520+0.2%Added
Manufacturers Life Insurance Company, The345,558$10.1M0.01%+25,190+7.9%Added
Banc Funds Co LLC440,610$12.9M0.97%−38,657−8.1%Reduced
Dimensional Fund Advisors LP465,166$13.6M0.00%−2,850−0.6%Reduced
Ergoteles LLC0$00.00%−21,914−100.0%Sold out
David Loasby0$00.00%−18,862−100.0%Sold out
Bailard, Inc.0$00.00%−9,400−100.0%Sold out
Trexquant Investment LP0$00.00%−8,157−100.0%Sold out
Kowal Investment Group, LLC0$00.00%−2,014−100.0%Sold out
UBS Group AG0$00.00%−664−100.0%Sold out
Deutsche Bank AG0$00.00%−37−100.0%Sold out