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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, Q1 2022

Institutional positions in First Business Financial Services, Inc. as of Mar 31, 2022. 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
77
+3 vs. Q4 2021
Shares held
5.21M
+102.5K (+2.0%) vs. Q4 2021
Total value
$171.0M
+$22.0M (+14.7%) vs. Q4 2021
New holders
9
32 more added
Sold out
6
14 more reduced

1 institution that held it in Q4 2021 haven't filed for Q1 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2022: 77 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 heldQ1 2022: $171.0M
Q1 2021: $137.8MQ2 2021: $140.0MQ3 2021: $144.1MQ4 2021: $150.3MQ1 2022: $171.0MQ2 2022: $172.3MQ3 2022: $180.3MQ4 2022: $196.2MQ1 2023: $162.8MQ2 2023: $156.0MQ3 2023: $156.1MQ4 2023: $208.6MQ1 2024: $199.0MQ2 2024: $192.8MQ3 2024: $242.5MQ4 2024: $257.0MQ1 2025: $264.0MQ2 2025: $286.5MQ3 2025: $293.0MQ4 2025: $310.8MQ1 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$310.8M
Q3 2025136$293.0M
Q2 2025117$286.5M
Q1 2025116$264.0M
Q4 2024104$257.0M
Q3 202494$242.5M
Q2 202488$192.8M
Q1 202484$199.0M
Q4 202384$208.6M
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$150.3M
Q3 202176$144.1M
Q2 202178$140.0M
Q1 202177$137.8M

Institutions, Q1 2022

Shares, value and share of portfolio for each institution holding First Business Financial Services, Inc.; share changes are against Q4 2021.

Institutions holding FBIZ in Q1 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Banc Funds Co LLC514,871$16.9M1.33%+74,261+16.9%Added
Dimensional Fund Advisors LP475,540$15.6M0.00%+10,374+2.2%Added
Manufacturers Life Insurance Company, The346,483$11.4M0.01%+925+0.3%Added
First Business Financial Services, Inc.342,963$11.3M1.24%+258+0.1%Added
Vanguard Group Inc325,577$10.7M0.00%−4,658−1.4%Reduced
Pacific Ridge Capital Partners, LLC303,570$9.96M1.90%−666−0.2%Reduced
M3F, Inc.245,614$8.06M2.68%+3,395+1.4%Added
Renaissance Technologies LLC215,665$7.08M0.01%−10,800−4.8%Reduced
Fourthstone LLC169,616$5.57M2.22%−41,437−19.6%Reduced
Alliancebernstein L.P.139,108$4.56M0.00%+6,518+4.9%Added
Millennium Management LLC138,718$4.55M0.01%+39,564+39.9%Added
Franklin Resources Inc133,500$4.38M0.00%−12,400−8.5%Reduced
Cutler Capital Management, LLC132,600$4.35M1.55%+1,600+1.2%Added
BlackRock Inc.126,725$4.16M0.00%+5,307+4.4%Added
River Oaks Capital LLC125,700$4.12M4.01%+4,847+4.0%Added
BHZ Capital Management, LP121,793$4.00M1.54%−1,731−1.4%Reduced
Bridgeway Capital Management, LLC112,108$3.68M0.07%+26,900+31.6%Added
LSV Asset Management100,044$3.28M0.01%−301−0.3%Reduced
Hotchkis & Wiley Capital Management LLC81,169$2.66M0.01%+4,783+6.3%Added
Brandywine Global Investment Management, LLC72,216$2.37M0.02%00.0%Unchanged
Acadian Asset Management LLC67,789$2.22M0.01%+11,836+21.2%Added
Geode Capital Management, LLC64,085$2.10M0.00%+1,114+1.8%Added
Poehling Capital Management, LLC60,327$1.98M0.61%00.0%Unchanged
Goldman Sachs Group Inc52,789$1.73M0.00%+2,665+5.3%Added
John W. Rosenthal Capital Management, Inc.50,000$1.64M1.29%00.0%Unchanged
Northern Trust Corp46,899$1.54M0.00%−3,508−7.0%Reduced
Vista Investment Management46,154$1.51M0.83%+64+0.1%Added
EAM Investors, LLC38,402$1.26M0.23%+38,402New
Susquehanna Fundamental Investments, LLC34,400$1.13M0.02%00.0%Unchanged
Federated Hermes, Inc.31,818$1.04M0.00%−806−2.5%Reduced
American Century Companies Inc31,329$1.03M0.00%+7,108+29.3%Added
Uncommon Cents Investing LLC29,195$958.0K0.35%+5,390+22.6%Added
Susquehanna International Group, LLP26,558$871.0K0.00%+2,901+12.3%Added
Price T Rowe Associates Inc26,488$869.0K0.00%00.0%Unchanged
State Street Corp26,327$864.0K0.00%+2,076+8.6%Added
Gator Capital Management, LLC23,850$783.0K0.57%+42+0.2%Added
Jacobs Levy Equity Management, Inc23,401$768.0K0.01%+9,223+65.1%Added
Bank of America Corp20,606$677.0K0.00%−165−0.8%Reduced
Barclays PLC20,501$673.0K0.00%00.0%Unchanged
Kennedy Capital Management, Inc.19,918$654.0K0.02%+63+0.3%Added
Two Sigma Investments, LP18,255$599.0K0.00%+5,047+38.2%Added
Morgan Stanley16,816$551.0K0.00%−1,232−6.8%Reduced
Bank of New York Mellon Corp16,671$547.0K0.00%+564+3.5%Added
Two Sigma Advisers, LP16,200$532.0K0.00%+3,200+24.6%Added
HSBC Holdings PLC15,444$510.0K0.00%00.0%Unchanged
Royal Bank of Canada14,832$487.0K0.00%+2,896+24.3%Added
Riverwater Partners LLC12,295$403.0K0.66%00.0%Unchanged
Globeflex Capital L P12,134$398.0K0.08%00.0%Unchanged
Eidelman Virant Capital10,500$344.0K0.19%−3,000−22.2%Reduced
Jane Street Group, LLC10,203$335.0K0.00%+10,203New
Man Group plc9,998$328.0K0.00%+9,998New
Ameriprise Financial Inc9,600$315.0K0.00%00.0%Unchanged
Citadel Advisors LLC9,396$308.0K0.00%+9,396New
Baird Financial Group, Inc.9,240$303.0K0.00%00.0%Unchanged
Kestra Advisory Services, LLC9,200$302.0K0.00%00.0%Unchanged
683 Capital Management, LLC8,889$292.0K0.02%+8,889New
Mattern Wealth Management LLC8,000$262.0K0.09%00.0%Unchanged
Connor, Clark & Lunn Investment Management Ltd.7,841$257.0K0.00%−2,425−23.6%Reduced
JPMorgan Chase & Co6,663$219.0K0.00%+1,880+39.3%Added
Northern Oak Wealth Management Inc6,137$201.0K0.02%+35+0.6%Added
Citigroup Inc4,463$146.0K0.00%+4,463New
Russell Investments Group, Ltd.3,005$98.0K0.00%−900−23.0%Reduced
Hillsdale Investment Management Inc.2,600$85.0K0.01%00.0%Unchanged
US Bancorp2,000$66.0K0.00%00.0%Unchanged
Johnson Financial Group, Inc.1,956$64.0K0.00%00.0%Unchanged
UBS Group AG1,138$37.0K0.00%+1,138New
Public Employees Retirement System of Ohio900$30.0K0.00%00.0%Unchanged
Lazard Asset Management LLC901$29.0K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.428$14.0K0.00%+286+201.4%Added
Atwood & Palmer Inc200$7.00K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)221$7.00K0.00%+116+110.5%Added
JCSD Capital, LLC100$3.00K0.00%00.0%Unchanged
FMR LLC87$3.00K0.00%+87New
BNP Paribas Arbitrage, SA82$2.69K0.00%00.0%Unchanged
Wells Fargo & Company45$1.00K0.00%+1+2.3%Added
Captrust Financial Advisors17$1.00K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.35$1.00K0.00%+35New
Basswood Capital Management, L.L.C.0$00.00%−86,078−100.0%Sold out
Arrowstreet Capital, Limited Partnership0$00.00%−23,944−100.0%Sold out
HRT Financial LP0$00.00%−12,753−100.0%Sold out
Winton Group Ltd0$00.00%−7,341−100.0%Sold out
Marshall Wace, LLP0$00.00%−648−100.0%Sold out
Optiver Holding B.V.0$00.00%−548−100.0%Sold out
Harbour Investments, Inc.––––Not filed