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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, Q3 2022

Institutional positions in First Business Financial Services, Inc. as of Sep 30, 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
86
−3 vs. Q2 2022
Shares held
5.57M
+50.4K (+0.9%) vs. Q2 2022
Total value
$180.3M
+$8.09M (+4.7%) vs. Q2 2022
New holders
6
34 more added
Sold out
9
27 more reduced

1 institution that held it in Q2 2022 haven't filed for Q3 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2022: 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 holdersQ3 2022: 86 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 heldQ3 2022: $180.3M
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, Q3 2022

Shares, value and share of portfolio for each institution holding First Business Financial Services, Inc.; share changes are against Q2 2022.

Institutions holding FBIZ in Q3 2022
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock Inc.584,200$18.9M0.00%+107,613+22.6%Added
Banc Funds Co LLC573,371$18.5M1.71%00.0%Unchanged
Dimensional Fund Advisors LP516,545$16.7M0.01%+26,477+5.4%Added
First Business Financial Services, Inc.360,523$11.6M1.66%+5,560+1.6%Added
Vanguard Group Inc341,129$11.0M0.00%+2,504+0.7%Added
Manufacturers Life Insurance Company, The328,362$10.6M0.01%−15,913−4.6%Reduced
M3F, Inc.309,444$10.0M3.51%+18,273+6.3%Added
Pacific Ridge Capital Partners, LLC198,363$6.41M1.66%−6,501−3.2%Reduced
Renaissance Technologies LLC168,917$5.46M0.01%−37,148−18.0%Reduced
Alliancebernstein L.P.158,128$5.11M0.00%−2,600−1.6%Reduced
Cutler Capital Management, LLC135,750$4.39M2.03%+700+0.5%Added
Franklin Resources Inc130,590$4.22M0.00%00.0%Unchanged
Geode Capital Management, LLC127,640$4.12M0.00%+314+0.2%Added
River Oaks Capital LLC127,200$4.11M4.49%00.0%Unchanged
Northern Trust Corp98,965$3.20M0.00%−1,159−1.2%Reduced
State Street Corp95,319$3.08M0.00%+14,346+17.7%Added
LSV Asset Management92,125$2.98M0.01%−12,699−12.1%Reduced
Acadian Asset Management LLC79,793$2.58M0.01%−8,481−9.6%Reduced
Bridgeway Capital Management, LLC78,708$2.54M0.07%−33,400−29.8%Reduced
Hotchkis & Wiley Capital Management LLC73,399$2.37M0.01%−9,900−11.9%Reduced
Poehling Capital Management, LLC58,327$1.89M0.79%−2,000−3.3%Reduced
Johnson Financial Group, Inc.44,387$1.69M0.16%00.0%Unchanged
John W. Rosenthal Capital Management, Inc.50,000$1.62M1.50%+50,000New
First Trust Advisors LP49,692$1.61M0.00%+49,692New
Vista Investment Management47,347$1.53M0.94%+1,337+2.9%Added
American Century Companies Inc44,748$1.45M0.00%+3,887+9.5%Added
Invesco Ltd.43,515$1.41M0.00%−4,199−8.8%Reduced
AQR Capital Management LLC38,910$1.26M0.00%+38,910New
Bank of New York Mellon Corp37,876$1.22M0.00%+2,196+6.2%Added
Uncommon Cents Investing LLC35,425$1.15M0.48%+900+2.6%Added
EAM Investors, LLC32,435$1.05M0.23%−5,519−14.5%Reduced
Federated Hermes, Inc.31,057$1.00M0.00%−556−1.8%Reduced
Nuveen Asset Management, LLC30,912$998.0K0.00%+40.0%Added
Gator Capital Management, LLC23,850$771.0K0.64%00.0%Unchanged
Panagora Asset Management Inc23,310$753.0K0.01%+7,410+46.6%Added
Goldman Sachs Group Inc23,069$745.0K0.00%+3,430+17.5%Added
Jacobs Levy Equity Management, Inc21,451$693.0K0.01%−4,556−17.5%Reduced
Two Sigma Investments, LP20,919$676.0K0.00%−19,924−48.8%Reduced
Morgan Stanley20,571$665.0K0.00%+6,594+47.2%Added
Price T Rowe Associates Inc20,012$647.0K0.00%−4,242−17.5%Reduced
Charles Schwab Investment Management Inc20,020$647.0K0.00%+25+0.1%Added
Two Sigma Advisers, LP19,200$620.0K0.00%−19,300−50.1%Reduced
Barclays PLC18,777$607.0K0.00%+362+2.0%Added
Bank of America Corp16,835$544.0K0.00%+1,179+7.5%Added
HSBC Holdings PLC14,764$484.0K0.00%+1,548+11.7%Added
Wells Fargo & Company14,246$461.0K0.00%+14,149+14,586.6%Added
Ameriprise Financial Inc12,904$416.0K0.00%+3,304+34.4%Added
Royal Bank of Canada12,785$414.0K0.00%+754+6.3%Added
Globeflex Capital L P12,134$392.0K0.07%00.0%Unchanged
Rhumbline Advisers11,634$376.0K0.00%+658+6.0%Added
BHZ Capital Management, LP11,279$364.0K0.19%−32,553−74.3%Reduced
Eidelman Virant Capital10,500$344.0K0.25%00.0%Unchanged
Baird Financial Group, Inc.9,740$315.0K0.00%00.0%Unchanged
Citadel Advisors LLC9,528$308.0K0.00%−9,210−49.2%Reduced
Kestra Advisory Services, LLC9,200$297.0K0.00%00.0%Unchanged
D. E. Shaw & Co., Inc.8,310$268.0K0.00%+1,697+25.7%Added
Mattern Wealth Management LLC8,000$258.0K0.10%00.0%Unchanged
Trexquant Investment LP7,635$247.0K0.01%−6,300−45.2%Reduced
Riverwater Partners LLC7,467$241.0K0.24%−4,837−39.3%Reduced
JPMorgan Chase & Co7,357$238.0K0.00%+94+1.3%Added
Martingale Asset Management L P6,821$221.0K0.00%+6,821New
Northern Oak Wealth Management Inc6,207$201.0K0.03%+34+0.6%Added
New York State Common Retirement Fund5,674$183.0K0.00%+74+1.3%Added
BNP Paribas Arbitrage, SA4,409$142.5K0.00%+2,280+107.1%Added
MetLife Investment Management4,273$138.1K0.00%00.0%Unchanged
US Bancorp3,800$123.0K0.00%00.0%Unchanged
American International Group, Inc.3,808$123.0K0.00%+54+1.4%Added
Deutsche Bank AG3,255$105.0K0.00%−537−14.2%Reduced
California State Teachers Retirement System3,166$102.0K0.00%−264−7.7%Reduced
Allspring Global Investments Holdings, LLC2,825$91.0K0.00%+2,825New
Hillsdale Investment Management Inc.2,300$74.0K0.01%−300−11.5%Reduced
Lazard Asset Management LLC1,404$45.0K0.00%+503+55.8%Added
Amalgamated Bank1,016$33.0K0.00%00.0%Unchanged
Public Employees Retirement System of Ohio900$29.0K0.00%00.0%Unchanged
Legal & General Group Plc816$26.0K0.00%+150+22.5%Added
Advisor Group Holdings, Inc.741$24.0K0.00%−129−14.8%Reduced
Tower Research Capital LLC (TRC)612$19.0K0.00%−2,661−81.3%Reduced
Ameritas Investment Partners, Inc.601$19.0K0.00%00.0%Unchanged
Metropolitan Life Insurance Co496$16.0K0.00%00.0%Unchanged
Harbour Investments, Inc.308$10.0K0.00%00.0%Unchanged
Atwood & Palmer Inc200$6.00K0.00%00.0%Unchanged
Citigroup Inc123$4.00K0.00%−380−75.5%Reduced
FMR LLC105$4.00K0.00%+18+20.7%Added
JCSD Capital, LLC100$3.00K0.00%00.0%Unchanged
Covestor Ltd86$3.00K0.00%+86New
Credit Suisse AG44$1.00K0.00%+40+1,000.0%Added
Millennium Management LLC0$00.00%−27,056−100.0%Sold out
Quadrature Capital Ltd0$00.00%−13,088−100.0%Sold out
Jump Financial, LLC0$00.00%−9,600−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−8,445−100.0%Sold out
HRT Financial LP0$00.00%−8,225−100.0%Sold out
Occudo Quantitative Strategies LP0$00.00%−8,044−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−6,435−100.0%Sold out
UBS Group AG0$00.00%−191−100.0%Sold out
Captrust Financial Advisors0$00.00%−17−100.0%Sold out
Dorsey Wright & Associates––––Not filed