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 2023
Institutional positions in First Business Financial Services, Inc. as of Dec 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
- 84
- +3 vs. Q3 2023
- Shares held
- 5.16M
- +53.9K (+1.1%) vs. Q3 2023
- Total value
- $207.0M
- +$53.7M (+35.0%) vs. Q3 2023
- New holders
- 8
- 31 more added
- Sold out
- 5
- 23 more reduced
1 institution that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2023: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 141 | $375.1M |
| Q1 2026 | 144 | $311.6M |
| Q4 2025 | 139 | $310.8M |
| Q3 2025 | 136 | $293.0M |
| Q2 2025 | 117 | $286.5M |
| Q1 2025 | 116 | $264.0M |
| Q4 2024 | 104 | $257.0M |
| Q3 2024 | 94 | $242.5M |
| Q2 2024 | 88 | $192.8M |
| Q1 2024 | 84 | $199.0M |
| Q4 2023 | 84 | $208.6M |
| Q3 2023 | 82 | $156.1M |
| Q2 2023 | 80 | $156.0M |
| Q1 2023 | 85 | $162.8M |
| Q4 2022 | 89 | $196.2M |
| Q3 2022 | 86 | $180.3M |
| Q2 2022 | 90 | $172.3M |
| Q1 2022 | 77 | $171.0M |
| Q4 2021 | 75 | $150.3M |
| Q3 2021 | 76 | $144.1M |
| Q2 2021 | 78 | $140.0M |
| Q1 2021 | 77 | $137.8M |
Institutions, Q4 2023
Shares, value and share of portfolio for each institution holding First Business Financial Services, Inc.; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock Inc. | 689,085 | $27.6M | 0.00% | +50,900+8.0% | Added |
| Dimensional Fund Advisors LP | 525,683 | $21.1M | 0.01% | −406−0.1% | Reduced |
| Banc Funds Co LLC | 458,694 | $18.4M | 1.81% | 00.0% | Unchanged |
| Vanguard Group Inc | 353,571 | $14.2M | 0.00% | +3,563+1.0% | Added |
| First Business Financial Services, Inc. | 349,522 | $14.0M | 1.63% | −6,030−1.7% | Reduced |
| Manufacturers Life Insurance Company, The | 287,596 | $11.5M | 0.01% | −11,641−3.9% | Reduced |
| M3F, Inc. | 219,341 | $8.80M | 2.79% | −35,955−14.1% | Reduced |
| Pacific Ridge Capital Partners, LLC | 167,009 | $6.70M | 1.36% | −2,125−1.3% | Reduced |
| Geode Capital Management, LLC | 155,731 | $6.25M | 0.00% | +3,451+2.3% | Added |
| Cutler Capital Management, LLC | 152,514 | $6.12M | 2.53% | +344+0.2% | Added |
| Renaissance Technologies LLC | 152,077 | $6.10M | 0.01% | −888−0.6% | Reduced |
| Franklin Resources Inc | 130,824 | $5.25M | 0.00% | +360.0% | Added |
| State Street Corp | 117,674 | $4.72M | 0.00% | +1,598+1.4% | Added |
| Alliancebernstein L.P. | 117,132 | $4.70M | 0.00% | −10,068−7.9% | Reduced |
| LSV Asset Management | 109,225 | $4.38M | 0.01% | 00.0% | Unchanged |
| Northern Trust Corp | 101,942 | $4.09M | 0.00% | +1,917+1.9% | Added |
| Bridgeway Capital Management, LLC | 83,526 | $3.35M | 0.07% | +3,368+4.2% | Added |
| Hotchkis & Wiley Capital Management LLC | 82,869 | $3.32M | 0.01% | −3,000−3.5% | Reduced |
| American Century Companies Inc | 66,116 | $2.65M | 0.00% | +210.0% | Added |
| Federated Hermes, Inc. | 65,483 | $2.63M | 0.01% | +2,444+3.9% | Added |
| Poehling Capital Management, LLC | 58,327 | $2.34M | 0.74% | 00.0% | Unchanged |
| Vista Investment Management | 52,410 | $2.10M | 0.98% | +301+0.6% | Added |
| Acadian Asset Management LLC | 52,398 | $2.10M | 0.01% | 00.0% | Unchanged |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $1.80M | 2.06% | 00.0% | Unchanged |
| Empowered Funds, LLC | 38,126 | $1.53M | 0.04% | +3,368+9.7% | Added |
| Bank of New York Mellon Corp | 37,681 | $1.51M | 0.00% | −551−1.4% | Reduced |
| Uncommon Cents Investing LLC | 36,255 | $1.45M | 0.48% | +1,485+4.3% | Added |
| Goldman Sachs Group Inc | 31,557 | $1.27M | 0.00% | −3,824−10.8% | Reduced |
| Morgan Stanley | 30,902 | $1.24M | 0.00% | +11,249+57.2% | Added |
| Barclays PLC | 28,201 | $1.13M | 0.00% | +8,475+43.0% | Added |
| Gator Capital Management, LLC | 23,850 | $956.4K | 0.53% | 00.0% | Unchanged |
| Nuveen Asset Management, LLC | 23,004 | $922.5K | 0.00% | +4,405+23.7% | Added |
| Charles Schwab Investment Management Inc | 20,699 | $830.0K | 0.00% | +16+0.1% | Added |
| Invesco Ltd. | 18,729 | $751.0K | 0.00% | +4,702+33.5% | Added |
| Price T Rowe Associates Inc | 18,422 | $739.0K | 0.00% | +182+1.0% | Added |
| EAM Investors, LLC | 18,274 | $732.8K | 0.13% | +18,274 | New |
| Martingale Asset Management L P | 14,522 | $582.3K | 0.01% | −101−0.7% | Reduced |
| Royal Bank of Canada | 14,507 | $582.0K | 0.00% | +952+7.0% | Added |
| Riverwater Partners LLC | 14,490 | $581.1K | 0.46% | +382+2.7% | Added |
| HSBC Holdings PLC | 13,559 | $555.9K | 0.00% | −728−5.1% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 12,824 | $514.2K | 0.00% | +8+0.1% | Added |
| Ameriprise Financial Inc | 11,808 | $473.5K | 0.00% | +962+8.9% | Added |
| Rhumbline Advisers | 11,377 | $456.2K | 0.00% | −147−1.3% | Reduced |
| Bank of America Corp | 10,825 | $434.1K | 0.00% | +2,674+32.8% | Added |
| Globeflex Capital L P | 10,795 | $432.9K | 0.04% | 00.0% | Unchanged |
| Baird Financial Group, Inc. | 10,240 | $410.6K | 0.00% | −160−1.5% | Reduced |
| Gsa Capital Partners LLP | 9,350 | $375.0K | 0.03% | +9,350 | New |
| Kestra Advisory Services, LLC | 9,200 | $368.9K | 0.00% | 00.0% | Unchanged |
| Millennium Management LLC | 8,771 | $351.7K | 0.00% | −2,474−22.0% | Reduced |
| UBS Group AG | 8,722 | $349.8K | 0.00% | +4,383+101.0% | Added |
| Mattern Wealth Management LLC | 8,000 | $320.8K | 0.08% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 7,878 | $315.9K | 0.00% | +2,545+47.7% | Added |
| Two Sigma Advisers, LP | 7,200 | $288.7K | 0.00% | −1,600−18.2% | Reduced |
| Northern Oak Wealth Management Inc | 6,419 | $257.4K | 0.03% | +6,419 | New |
| Two Sigma Investments, LP | 6,399 | $256.6K | 0.00% | +6,399 | New |
| Thompson Investment Management, Inc. | 6,020 | $241.4K | 0.04% | 00.0% | Unchanged |
| SG Americas Securities, LLC | 4,280 | $172.0K | 0.00% | +938+28.1% | Added |
| MetLife Investment Management | 4,273 | $171.3K | 0.00% | 00.0% | Unchanged |
| American International Group, Inc. | 3,906 | $156.6K | 0.00% | −16−0.4% | Reduced |
| New York State Common Retirement Fund | 3,866 | $155.0K | 0.00% | +1,601+70.7% | Added |
| US Bancorp | 3,800 | $152.4K | 0.00% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 3,467 | $139.0K | 0.00% | 00.0% | Unchanged |
| Wells Fargo & Company | 2,416 | $96.9K | 0.00% | +478+24.7% | Added |
| Deutsche Bank AG | 2,385 | $95.6K | 0.00% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 2,271 | $91.1K | 0.00% | +886+64.0% | Added |
| Citigroup Inc | 1,557 | $62.4K | 0.00% | +1,205+342.3% | Added |
| California State Teachers Retirement System | 1,294 | $51.9K | 0.00% | −440−25.4% | Reduced |
| Mendota Financial Group, LLC | 800 | $32.1K | 0.03% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 762 | $30.6K | 0.00% | −685−47.3% | Reduced |
| Amalgamated Bank | 700 | $28.0K | 0.00% | −83−10.6% | Reduced |
| Legal & General Group Plc | 683 | $27.4K | 0.00% | 00.0% | Unchanged |
| Ameritas Investment Partners, Inc. | 601 | $24.1K | 0.00% | 00.0% | Unchanged |
| AJOVista, LLC | 528 | $21.2K | 0.03% | +528 | New |
| FMR LLC | 523 | $21.0K | 0.00% | −28−5.1% | Reduced |
| Metropolitan Life Insurance Co | 496 | $19.9K | 0.00% | 00.0% | Unchanged |
| Richardson Capital Management LLC | 400 | $16.0K | 0.02% | +400 | New |
| Harbour Investments, Inc. | 266 | $10.7K | 0.00% | 00.0% | Unchanged |
| Atwood & Palmer Inc | 200 | $8.02K | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 160 | $5.88K | 0.00% | +160 | New |
| West Tower Group, LLC | 71 | $2.85K | 0.01% | −113−61.4% | Reduced |
| Covestor Ltd | 27 | $1.00K | 0.00% | −16−37.2% | Reduced |
| Ronald Blue Trust, Inc. | 46 | $1.00K | 0.00% | +46 | New |
| The PNC Financial Services Group, Inc. | 19 | $762 | 0.00% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 3 | $120 | 0.00% | 00.0% | Unchanged |
| Johnson Financial Group, Inc. | 0 | $0 | 0.00% | −21,216−100.0% | Sold out |
| Hillsdale Investment Management Inc. | 0 | $0 | 0.00% | −2,300−100.0% | Sold out |
| Allspring Global Investments Holdings, LLC | 0 | $0 | 0.00% | −1,669−100.0% | Sold out |
| Aquatic Capital Management LLC | 0 | $0 | 0.00% | −200−100.0% | Sold out |
| Carmel Capital Partners, LLC | 0 | $0 | 0.00% | −25−100.0% | Sold out |
| River Oaks Capital LLC | – | – | – | – | Not filed |