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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 2023

Institutional positions in First Business Financial Services, Inc. as of Mar 31, 2023. 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
85
−4 vs. Q4 2022
Shares held
5.34M
−32.5K (−0.6%) vs. Q4 2022
Total value
$162.8M
−$33.4M (−17.0%) vs. Q4 2022
New holders
2
34 more added
Sold out
6
27 more reduced

Compare with Q4 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 holdersQ1 2023: 85 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 2023: $162.8M
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, Q1 2023

Shares, value and share of portfolio for each institution holding First Business Financial Services, Inc.; share changes are against Q4 2022.

Institutions holding FBIZ in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock Inc.639,665$19.5M0.00%−3,906−0.6%Reduced
Dimensional Fund Advisors LP533,531$16.3M0.01%+6,440+1.2%Added
Banc Funds Co LLC458,694$14.0M1.49%00.0%Unchanged
First Business Financial Services, Inc.354,515$10.8M1.36%−530−0.1%Reduced
Vanguard Group Inc347,142$10.6M0.00%+4,258+1.2%Added
Manufacturers Life Insurance Company, The308,365$9.41M0.01%−7,359−2.3%Reduced
M3F, Inc.282,489$8.62M2.83%00.0%Unchanged
Renaissance Technologies LLC170,465$5.20M0.01%−4,300−2.5%Reduced
Pacific Ridge Capital Partners, LLC156,349$4.77M1.17%+19,344+14.1%Added
Cutler Capital Management, LLC145,425$4.44M1.98%+9,675+7.1%Added
Geode Capital Management, LLC140,316$4.28M0.00%+3,193+2.3%Added
Alliancebernstein L.P.131,603$4.02M0.00%+3,766+2.9%Added
Franklin Resources Inc130,650$3.99M0.00%+150.0%Added
State Street Corp113,876$3.47M0.00%+7,516+7.1%Added
River Oaks Capital LLC110,100$3.36M4.70%−11,700−9.6%Reduced
LSV Asset Management106,425$3.25M0.01%+14,580+15.9%Added
Northern Trust Corp95,915$2.93M0.00%−2,480−2.5%Reduced
Bridgeway Capital Management, LLC76,198$2.32M0.06%−2,510−3.2%Reduced
Hotchkis & Wiley Capital Management LLC71,679$2.19M0.01%+1,700+2.4%Added
American Century Companies Inc65,694$1.98M0.00%+10,506+19.0%Added
Federated Hermes, Inc.64,918$1.98M0.00%+18,994+41.4%Added
Poehling Capital Management, LLC58,327$1.78M0.60%00.0%Unchanged
Acadian Asset Management LLC55,398$1.69M0.01%−14,808−21.1%Reduced
John W. Rosenthal Capital Management, Inc.50,000$1.53M1.71%00.0%Unchanged
Vista Investment Management49,310$1.50M0.80%+1,936+4.1%Added
Bank of New York Mellon Corp38,852$1.19M0.00%−834−2.1%Reduced
Uncommon Cents Investing LLC35,170$1.07M0.39%−255−0.7%Reduced
Goldman Sachs Group Inc34,418$1.05M0.00%+8,177+31.2%Added
Millennium Management LLC26,190$799.0K0.00%−8,211−23.9%Reduced
Gator Capital Management, LLC23,850$727.7K0.56%00.0%Unchanged
First Trust Advisors LP23,537$718.1K0.00%−1,383−5.5%Reduced
Price T Rowe Associates Inc22,924$700.0K0.00%+2,000+9.6%Added
Barclays PLC22,442$684.7K0.00%+1,852+9.0%Added
Morgan Stanley21,642$660.3K0.00%−1,310−5.7%Reduced
Johnson Financial Group, Inc.21,216$647.3K0.05%−1,956−8.4%Reduced
Charles Schwab Investment Management Inc20,988$640.3K0.00%+182+0.9%Added
Two Sigma Advisers, LP20,400$622.4K0.00%+1,100+5.7%Added
Nuveen Asset Management, LLC20,080$613.0K0.00%−6,833−25.4%Reduced
Two Sigma Investments, LP17,308$528.1K0.00%−3,907−18.4%Reduced
Invesco Ltd.16,591$506.2K0.00%+4,325+35.3%Added
Ameriprise Financial Inc16,402$500.4K0.00%+3,498+27.1%Added
Bank of America Corp14,916$455.1K0.00%−5,323−26.3%Reduced
Jacobs Levy Equity Management, Inc14,667$447.5K0.00%−5,884−28.6%Reduced
Martingale Asset Management L P14,625$446.2K0.01%+7,101+94.4%Added
HSBC Holdings PLC14,764$445.4K0.00%00.0%Unchanged
Quadrature Capital Ltd13,696$421.2K0.01%+4,723+52.6%Added
Bailard, Inc.13,347$407.2K0.01%+3,204+31.6%Added
Royal Bank of Canada13,134$402.0K0.00%−586−4.3%Reduced
Globeflex Capital L P12,134$370.2K0.05%00.0%Unchanged
Rhumbline Advisers12,001$366.0K0.00%+87+0.7%Added
Baird Financial Group, Inc.9,752$297.5K0.00%+12+0.1%Added
JPMorgan Chase & Co9,266$282.0K0.00%−284−3.0%Reduced
Kestra Advisory Services, LLC9,200$280.7K0.00%00.0%Unchanged
Panagora Asset Management Inc8,903$271.6K0.00%−12,062−57.5%Reduced
Mattern Wealth Management LLC8,000$244.1K0.08%00.0%Unchanged
Riverwater Partners LLC7,467$227.8K0.21%00.0%Unchanged
Thompson Investment Management, Inc.6,020$183.7K0.03%00.0%Unchanged
New York State Common Retirement Fund5,667$172.9K0.00%00.0%Unchanged
Deutsche Bank AG4,919$150.1K0.00%+1,608+48.6%Added
BNP Paribas Arbitrage, SA4,357$132.9K0.00%+3,037+230.1%Added
MetLife Investment Management4,273$130.4K0.00%00.0%Unchanged
American International Group, Inc.3,823$116.6K0.00%+29+0.8%Added
US Bancorp3,800$115.9K0.00%00.0%Unchanged
UBS Group AG3,501$106.8K0.00%+212+6.4%Added
Russell Investments Group, Ltd.3,461$105.6K0.00%+3,461New
SG Americas Securities, LLC3,356$102.0K0.00%+3,356New
Allspring Global Investments Holdings, LLC3,222$98.3K0.00%+458+16.6%Added
California State Teachers Retirement System2,945$89.9K0.00%−257−8.0%Reduced
Hillsdale Investment Management Inc.2,900$88.5K0.01%+300+11.5%Added
Wells Fargo & Company1,500$45.8K0.00%−12,508−89.3%Reduced
Lazard Asset Management LLC1,404$42.0K0.00%00.0%Unchanged
Mendota Financial Group, LLC800$26.2K0.03%00.0%Unchanged
Amalgamated Bank825$25.0K0.00%−191−18.8%Reduced
Legal & General Group Plc816$24.9K0.00%00.0%Unchanged
Dorsey Wright & Associates713$21.8K0.01%−81−10.2%Reduced
FMR LLC669$20.4K0.00%+548+452.9%Added
Ameritas Investment Partners, Inc.601$18.3K0.00%00.0%Unchanged
Metropolitan Life Insurance Co496$15.1K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)380$12.0K0.00%−1,975−83.9%Reduced
Aquatic Capital Management LLC400$12.0K0.00%+100+33.3%Added
Harbour Investments, Inc.308$9.40K0.00%00.0%Unchanged
Atwood & Palmer Inc200$6.10K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.146$4.48K0.00%00.0%Unchanged
Covestor Ltd94$3.00K0.00%+22+30.6%Added
Citigroup Inc43$1.31K0.00%−19−30.6%Reduced
EAM Investors, LLC0$00.00%−32,334−100.0%Sold out
AQR Capital Management LLC0$00.00%−21,544−100.0%Sold out
Northern Oak Wealth Management Inc0$00.00%−6,238−100.0%Sold out
D. E. Shaw & Co., Inc.0$00.00%−6,180−100.0%Sold out
Legato Capital Management LLC0$00.00%−5,919−100.0%Sold out
JCSD Capital, LLC0$00.00%−100−100.0%Sold out