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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, Q2 2025

Institutional positions in First Business Financial Services, Inc. as of Jun 30, 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
117
+1 vs. Q1 2025
Shares held
5.63M
+29.4K (+0.5%) vs. Q1 2025
Total value
$285.2M
+$21.2M (+8.0%) vs. Q1 2025
New holders
14
43 more added
Sold out
13
37 more reduced

Compare with Q1 2025: 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 holdersQ2 2025: 117 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 heldQ2 2025: $285.2M
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, Q2 2025

Shares, value and share of portfolio for each institution holding First Business Financial Services, Inc.; share changes are against Q1 2025.

Institutions holding FBIZ in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bridgeway Capital Management, LLC81,905$4.15M0.10%−5,066−5.8%Reduced
LSV Asset Management86,025$4.36M0.01%00.0%Unchanged
De Lisle Partners LLP88,640$4.49M0.63%+14,000+18.8%Added
M3F, Inc.96,561$4.89M1.38%+2,943+3.1%Added
Hillsdale Investment Management Inc.104,071$5.27M0.19%+23,800+29.6%Added
Pacific Ridge Capital Partners, LLC147,944$7.49M1.79%−2,179−1.5%Reduced
Renaissance Technologies LLC150,665$7.63M0.01%+8,400+5.9%Added
State Street Corp155,711$7.89M0.00%+10,710+7.4%Added
Cutler Capital Management, LLC155,799$7.89M2.75%+400+0.3%Added
American Century Companies Inc171,490$8.69M0.00%+25,260+17.3%Added
Geode Capital Management, LLC185,361$9.39M0.00%+7,797+4.4%Added
Manufacturers Life Insurance Company, The260,094$13.2M0.01%−5,587−2.1%Reduced
Banc Funds Co LLC264,477$13.4M2.03%−9,800−3.6%Reduced
First Business Financial Services, Inc.394,491$20.0M1.80%+672+0.2%Added
Vanguard Group Inc451,182$22.9M0.00%+1,902+0.4%Added
Dimensional Fund Advisors LP509,384$25.8M0.01%−6,066−1.2%Reduced
BlackRock, Inc.946,767$48.0M0.00%−58,343−5.8%Reduced
EAM Investors, LLC0$00.00%−17,624−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−7,891−100.0%Sold out
Johnson Financial Group, Inc.0$00.00%−6,196−100.0%Sold out
PDT Partners, LLC0$00.00%−4,691−100.0%Sold out
Intech Investment Management LLC0$00.00%−4,435−100.0%Sold out
Corebridge Financial, Inc.0$00.00%−3,859−100.0%Sold out
SG Americas Securities, LLC0$00.00%−2,804−100.0%Sold out
Picton Mahoney Asset Management0$00.00%−434−100.0%Sold out
Coldstream Capital Management Inc0$00.00%−236−100.0%Sold out
Point72 Asia (Singapore) Pte. Ltd.0$00.00%−193−100.0%Sold out
Simplex Trading, LLC0$00.00%−105−100.0%Sold out
Quadrant Capital Group LLC0$00.00%−38−100.0%Sold out
Larson Financial Group LLC0$00.00%−14−100.0%Sold out