Skip to main content

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 2025

Institutional positions in First Business Financial Services, Inc. as of Mar 31, 2025. 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
116
+13 vs. Q4 2024
Shares held
5.60M
+71.3K (+1.3%) vs. Q4 2024
Total value
$264.0M
+$8.12M (+3.2%) vs. Q4 2024
New holders
21
39 more added
Sold out
8
41 more reduced

1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: 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 2025: 116 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 2025: $264.0M
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, Q1 2025

Shares, value and share of portfolio for each institution holding First Business Financial Services, Inc.; share changes are against Q4 2024.

Institutions holding FBIZ in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
EverSource Wealth Advisors, LLC4$1890.00%+2+100.0%Added
Larson Financial Group LLC14$6600.00%+14New
UMA Financial Services, Inc.14$6610.00%+14New
Signaturefd, LLC29$1.37K0.00%+20+222.2%Added
The PNC Financial Services Group, Inc.34$1.60K0.00%+34New
Quadrant Capital Group LLC38$1.79K0.00%+38New
Covestor Ltd39$2.00K0.00%−21−35.0%Reduced
Simplex Trading, LLC105$4.00K0.00%+104+10,400.0%Added
IFP Advisors, Inc117$5.52K0.00%−1−0.8%Reduced
Sterling Capital Management LLC130$6.13K0.00%−111−46.1%Reduced
Point72 Asia (Singapore) Pte. Ltd.193$9.12K0.00%+193New
GAMMA Investing LLC197$9.29K0.00%+33+20.1%Added
Hollencrest Capital Management205$9.67K0.00%+205New
Versant Capital Management, Inc223$10.5K0.00%00.0%Unchanged
Harbour Investments, Inc.232$11.0K0.00%+1+0.4%Added
Coldstream Capital Management Inc236$11.1K0.00%+236New
Amalgamated Bank279$13.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)414$19.5K0.00%+259+167.1%Added
Picton Mahoney Asset Management434$21.0K0.00%−199−31.4%Reduced
California State Teachers Retirement System571$26.9K0.00%00.0%Unchanged
FMR LLC657$31.0K0.00%+47+7.7%Added
Legal & General Group Plc683$32.2K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.801$37.8K0.00%+200+33.3%Added
CWM, LLC913$43.0K0.00%+299+48.7%Added
Public Employees Retirement System of Ohio1,529$72.1K0.00%−231−13.1%Reduced
BNP Paribas Arbitrage, SA1,870$88.2K0.00%−313−14.3%Reduced
Police & Firemen's Retirement System of New Jersey1,878$88.5K0.00%00.0%Unchanged
Virtus ETF Advisers LLC2,133$100.6K0.07%+2,133New
Harbor Capital Advisors, Inc.2,595$122.0K0.01%+2,595New
SG Americas Securities, LLC2,804$132.0K0.00%−608−17.8%Reduced
Corebridge Financial, Inc.3,859$182.0K0.00%−56−1.4%Reduced
New York State Common Retirement Fund3,866$182.3K0.00%00.0%Unchanged
Jump Financial, LLC4,300$202.7K0.00%+4,300New
Engineers Gate Manager LP4,336$204.4K0.00%+4,336New
UBS Group AG4,368$206.0K0.00%+173+4.1%Added
Intech Investment Management LLC4,435$209.1K0.00%+4,435New
MetLife Investment Management4,609$217.3K0.00%−160−3.4%Reduced
ERn Financial, LLC4,615$217.6K0.03%00.0%Unchanged
Wells Fargo & Company4,679$220.6K0.00%+102+2.2%Added
PDT Partners, LLC4,691$221.2K0.02%−1,082−18.7%Reduced
Mirae Asset Global ETFs Holdings Ltd.4,711$222.1K0.00%+234+5.2%Added
Beese Fulmer Investment Management, Inc.4,750$224.0K0.02%00.0%Unchanged
First Trust Advisors LP4,982$234.9K0.00%−32−0.6%Reduced
Integrated Quantitative Investments LLC5,000$235.8K0.12%+5,000New
Russell Investments Group, Ltd.5,363$252.9K0.00%−1,338−20.0%Reduced
EntryPoint Capital, LLC5,402$254.7K0.12%+5,402New
Cubist Systematic Strategies, LLC5,479$258.3K0.00%+5,479New
Los Angeles Capital Management LLC5,987$282.3K0.00%+5,987New
Thompson Investment Management, Inc.6,020$283.8K0.04%00.0%Unchanged
Johnson Financial Group, Inc.6,196$292.1K0.01%+6,196New
Northern Oak Wealth Management Inc6,617$312.0K0.04%+36+0.5%Added
Citigroup Inc6,869$323.9K0.00%−526−7.1%Reduced
Deutsche Bank AG7,442$350.9K0.00%−1,718−18.8%Reduced
Bank of America Corp7,865$370.8K0.00%−3,639−31.6%Reduced
Gsa Capital Partners LLP7,891$372.0K0.03%−3,839−32.7%Reduced
Martingale Asset Management L P7,901$372.5K0.01%−4,953−38.5%Reduced
Mattern Wealth Management LLC8,000$377.2K0.08%00.0%Unchanged
Prudential Financial Inc8,254$389.2K0.00%+8,254New
Jacobs Levy Equity Management, Inc8,538$402.6K0.00%−1,416−14.2%Reduced
Man Group plc9,135$430.7K0.00%−3,382−27.0%Reduced
Kestra Advisory Services, LLC9,200$433.8K0.00%00.0%Unchanged
AQR Capital Management LLC9,635$454.3K0.00%+4,924+104.5%Added
Zacks Investment Management9,937$468.5K0.00%+9,937New
Susquehanna International Group, LLP10,533$496.6K0.00%+5,851+125.0%Added
Advisor Group Holdings, Inc.10,638$501.6K0.00%+10,564+14,275.7%Added
Rhumbline Advisers11,483$541.4K0.00%+147+1.3%Added
Creative Planning12,113$571.1K0.00%+5,160+74.2%Added
Qube Research & Technologies Ltd12,967$611.4K0.00%+4,214+48.1%Added
Lazard Asset Management LLC13,136$619.0K0.00%+6,351+93.6%Added
Wealth Enhancement Advisory Services, LLC13,226$623.6K0.00%+1,047+8.6%Added
Royal Bank of Canada13,677$645.0K0.00%+431+3.3%Added
HSBC Holdings PLC14,599$689.2K0.00%+556+4.0%Added
Two Sigma Advisers, LP15,300$721.4K0.00%+900+6.3%Added
Connor, Clark & Lunn Investment Management Ltd.16,576$781.6K0.00%+178+1.1%Added
EAM Investors, LLC17,624$831.0K0.14%+17,624New
US Bancorp17,884$843.2K0.00%−41−0.2%Reduced
Millennium Management LLC19,288$909.4K0.00%+6,263+48.1%Added
Baird Financial Group, Inc.21,240$1.00M0.00%00.0%Unchanged
JPMorgan Chase & Co22,096$1.04M0.00%−27,922−55.8%Reduced
Charles Schwab Investment Management Inc22,166$1.05M0.00%+642+3.0%Added
Nuveen, LLC23,004$1.08M0.00%+23,004New
Two Sigma Investments, LP23,405$1.10M0.00%+4,329+22.7%Added
Gator Capital Management, LLC23,650$1.12M0.43%00.0%Unchanged
Ameriprise Financial Inc24,189$1.14M0.00%−2,801−10.4%Reduced
Barclays PLC25,571$1.21M0.00%−4,410−14.7%Reduced
Bank of New York Mellon Corp32,424$1.53M0.00%−685−2.1%Reduced
Uncommon Cents Investing LLC34,883$1.64M0.48%−1,337−3.7%Reduced
Morgan Stanley39,403$1.86M0.00%−3,322−7.8%Reduced
Franklin Resources Inc41,222$1.94M0.00%−16,607−28.7%Reduced
Empowered Funds, LLC41,571$1.96M0.03%−3,450−7.7%Reduced
John W. Rosenthal Capital Management, Inc.45,000$2.12M2.14%00.0%Unchanged
Goldman Sachs Group Inc46,960$2.21M0.00%−7,682−14.1%Reduced
Acadian Asset Management LLC49,214$2.32M0.01%−11,428−18.8%Reduced
Vista Investment Management53,736$2.53M0.99%−1,626−2.9%Reduced
Invesco Ltd.57,769$2.72M0.00%−26,853−31.7%Reduced
Poehling Capital Management, LLC58,327$2.75M0.70%00.0%Unchanged
Federated Hermes, Inc.70,279$3.31M0.01%+401+0.6%Added
De Lisle Partners LLP74,640$3.52M0.58%+3,774+5.3%Added
Hillsdale Investment Management Inc.80,271$3.78M0.19%+27,629+52.5%Added
LSV Asset Management86,025$4.06M0.01%−8,200−8.7%Reduced