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 2025
Institutional positions in First Business Financial Services, Inc. as of Sep 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
- 136
- +19 vs. Q2 2025
- Shares held
- 5.70M
- +71.9K (+1.3%) vs. Q2 2025
- Total value
- $292.2M
- +$6.99M (+2.5%) vs. Q2 2025
- New holders
- 27
- 49 more added
- Sold out
- 8
- 34 more reduced
Compare with Q2 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.
| 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, Q3 2025
Shares, value and share of portfolio for each institution holding First Business Financial Services, Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 882,267 | $45.2M | 0.00% | −64,500−6.8% | Reduced |
| Dimensional Fund Advisors LP | 505,577 | $25.9M | 0.01% | −3,807−0.7% | Reduced |
| Vanguard Group Inc | 481,681 | $24.7M | 0.00% | +30,499+6.8% | Added |
| First Business Financial Services, Inc. | 374,233 | $19.2M | 1.76% | −20,258−5.1% | Reduced |
| Manufacturers Life Insurance Company, The | 254,821 | $13.1M | 0.01% | −5,273−2.0% | Reduced |
| Geode Capital Management, LLC | 228,703 | $11.7M | 0.00% | +43,342+23.4% | Added |
| American Century Companies Inc | 198,245 | $10.2M | 0.01% | +26,755+15.6% | Added |
| Banc Funds Co LLC | 193,524 | $9.92M | 1.73% | −70,953−26.8% | Reduced |
| State Street Corp | 158,961 | $8.15M | 0.00% | +3,250+2.1% | Added |
| Cutler Capital Management, LLC | 155,493 | $7.97M | 2.55% | −306−0.2% | Reduced |
| Pacific Ridge Capital Partners, LLC | 144,623 | $7.41M | 1.63% | −3,321−2.2% | Reduced |
| Renaissance Technologies LLC | 141,565 | $7.26M | 0.01% | −9,100−6.0% | Reduced |
| LSV Asset Management | 124,389 | $6.38M | 0.01% | +38,364+44.6% | Added |
| De Lisle Partners LLP | 93,640 | $4.80M | 0.59% | +5,000+5.6% | Added |
| Hillsdale Investment Management Inc. | 83,971 | $4.30M | 0.13% | −20,100−19.3% | Reduced |
| AQR Capital Management LLC | 83,617 | $4.29M | 0.00% | +58,972+239.3% | Added |
| Northern Trust Corp | 82,993 | $4.25M | 0.00% | +2,727+3.4% | Added |
| Bridgeway Capital Management, LLC | 72,061 | $3.69M | 0.08% | −9,844−12.0% | Reduced |
| Federated Hermes, Inc. | 71,865 | $3.68M | 0.01% | +611+0.9% | Added |
| Alliancebernstein L.P. | 71,334 | $3.66M | 0.00% | −500−0.7% | Reduced |
| M3F, Inc. | 66,477 | $3.41M | 0.97% | −30,084−31.2% | Reduced |
| Poehling Capital Management, LLC | 58,327 | $2.99M | 0.63% | 00.0% | Unchanged |
| Vista Investment Management | 52,328 | $2.68M | 0.94% | −1,123−2.1% | Reduced |
| Ameriprise Financial Inc | 49,509 | $2.54M | 0.00% | +4,763+10.6% | Added |
| Goldman Sachs Group Inc | 49,312 | $2.53M | 0.00% | +16,007+48.1% | Added |
| Two Sigma Investments, LP | 46,207 | $2.37M | 0.00% | +5,934+14.7% | Added |
| Acadian Asset Management LLC | 45,904 | $2.35M | 0.00% | 00.0% | Unchanged |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $2.31M | 2.22% | 00.0% | Unchanged |
| Morgan Stanley | 40,569 | $2.08M | 0.00% | −7,367−15.4% | Reduced |
| Millennium Management LLC | 40,174 | $2.06M | 0.00% | +11,261+38.9% | Added |
| Empowered Funds, LLC | 36,661 | $1.88M | 0.02% | +156+0.4% | Added |
| Qube Research & Technologies Ltd | 34,578 | $1.77M | 0.00% | +12,707+58.1% | Added |
| Uncommon Cents Investing LLC | 34,478 | $1.77M | 0.44% | +255+0.7% | Added |
| Bank of New York Mellon Corp | 34,266 | $1.76M | 0.00% | +808+2.4% | Added |
| First Trust Advisors LP | 30,258 | $1.55M | 0.00% | +24,949+469.9% | Added |
| Royal Bank of Canada | 26,852 | $1.38M | 0.00% | +880+3.4% | Added |
| Barclays PLC | 26,789 | $1.37M | 0.00% | −3,064−10.3% | Reduced |
| Gator Capital Management, LLC | 23,800 | $1.22M | 0.31% | +150+0.6% | Added |
| Stifel Financial Corp | 22,763 | $1.17M | 0.00% | +22,763 | New |
| Franklin Resources Inc | 22,213 | $1.14M | 0.00% | +239+1.1% | Added |
| Charles Schwab Investment Management Inc | 22,165 | $1.14M | 0.00% | −690−3.0% | Reduced |
| Baird Financial Group, Inc. | 21,240 | $1.09M | 0.00% | 00.0% | Unchanged |
| Kennedy Capital Management, Inc. | 19,525 | $1.00M | 0.02% | +19,525 | New |
| Nuveen, LLC | 18,897 | $968.7K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 17,884 | $916.7K | 0.00% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 16,185 | $829.6K | 0.00% | +5,793+55.7% | Added |
| Two Sigma Advisers, LP | 15,100 | $774.0K | 0.00% | −800−5.0% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 14,337 | $719.0K | 0.00% | +1,253+9.6% | Added |
| Bank of America Corp | 13,313 | $682.4K | 0.00% | +6,470+94.5% | Added |
| Creative Planning | 13,125 | $672.8K | 0.00% | +1,142+9.5% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 12,409 | $636.1K | 0.00% | −880−6.6% | Reduced |
| Gsa Capital Partners LLP | 12,127 | $622.0K | 0.05% | +12,127 | New |
| Fourthstone LLC | 12,131 | $621.8K | 0.11% | +12,131 | New |
| Lazard Asset Management LLC | 11,662 | $597.8K | 0.00% | −746−6.0% | Reduced |
| Rhumbline Advisers | 11,456 | $587.2K | 0.00% | −226−1.9% | Reduced |
| Advisor Group Holdings, Inc. | 10,584 | $539.9K | 0.00% | 00.0% | Unchanged |
| CenterBook Partners LP | 10,390 | $532.6K | 0.03% | +10,390 | New |
| HSBC Holdings PLC | 9,959 | $506.4K | 0.00% | −3,683−27.0% | Reduced |
| Zacks Investment Management | 9,727 | $498.6K | 0.00% | 00.0% | Unchanged |
| UBS Group AG | 9,684 | $496.4K | 0.00% | +3,809+64.8% | Added |
| Invesco Ltd. | 9,367 | $480.2K | 0.00% | −48,802−83.9% | Reduced |
| Kestra Advisory Services, LLC | 9,200 | $471.6K | 0.00% | 00.0% | Unchanged |
| Alps Advisors Inc | 8,800 | $451.1K | 0.00% | +8,800 | New |
| Mattern Wealth Management LLC | 8,000 | $410.1K | 0.08% | 00.0% | Unchanged |
| Principal Financial Group Inc | 7,985 | $409.3K | 0.00% | +7,985 | New |
| Prudential Financial Inc | 7,790 | $399.3K | 0.00% | +40+0.5% | Added |
| Jacobs Levy Equity Management, Inc | 7,648 | $392.0K | 0.00% | −489−6.0% | Reduced |
| Deutsche Bank AG | 7,139 | $365.9K | 0.00% | +1,703+31.3% | Added |
| Ieq Capital, LLC | 7,125 | $365.2K | 0.00% | +7,125 | New |
| Martingale Asset Management L P | 7,004 | $359.0K | 0.01% | −390−5.3% | Reduced |
| Northern Oak Wealth Management Inc | 6,694 | $343.1K | 0.04% | +38+0.6% | Added |
| Engineers Gate Manager LP | 6,542 | $335.3K | 0.00% | −1,347−17.1% | Reduced |
| Jump Financial, LLC | 6,184 | $317.0K | 0.00% | +662+12.0% | Added |
| Wells Fargo & Company | 6,121 | $313.8K | 0.00% | +981+19.1% | Added |
| Russell Investments Group, Ltd. | 6,087 | $312.0K | 0.00% | +727+13.6% | Added |
| Thompson Investment Management, Inc. | 6,020 | $308.6K | 0.04% | 00.0% | Unchanged |
| State of Wisconsin Investment Board | 5,815 | $298.1K | 0.00% | +700+13.7% | Added |
| Susquehanna Portfolio Strategies, LLC | 5,401 | $276.9K | 0.00% | +5,401 | New |
| Quantinno Capital Management LP | 5,319 | $272.7K | 0.00% | +5,319 | New |
| Cubist Systematic Strategies, LLC | 5,181 | $265.6K | 0.00% | +976+23.2% | Added |
| Semanteon Capital Management, LP | 5,102 | $261.5K | 0.33% | +522+11.4% | Added |
| Beese Fulmer Investment Management, Inc. | 4,750 | $243.5K | 0.02% | 00.0% | Unchanged |
| Panagora Asset Management Inc | 4,633 | $237.5K | 0.00% | 00.0% | Unchanged |
| ERn Financial, LLC | 4,615 | $236.6K | 0.05% | 00.0% | Unchanged |
| MetLife Investment Management | 4,609 | $236.3K | 0.00% | 00.0% | Unchanged |
| Citigroup Inc | 4,457 | $228.5K | 0.00% | +450+11.2% | Added |
| CWM, LLC | 4,441 | $228.0K | 0.00% | +2,862+181.3% | Added |
| BNP Paribas Arbitrage, SA | 4,435 | $227.3K | 0.00% | +2,457+124.2% | Added |
| EntryPoint Capital, LLC | 4,312 | $221.0K | 0.09% | −1,183−21.5% | Reduced |
| Los Angeles Capital Management LLC | 4,298 | $220.3K | 0.00% | −9,659−69.2% | Reduced |
| Price T Rowe Associates Inc | 4,182 | $215.0K | 0.00% | +247+6.3% | Added |
| SRS Capital Advisors, Inc. | 4,104 | $210.4K | 0.00% | +4,104 | New |
| Fedenia Advisers LLC | 4,100 | $210.2K | 0.08% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 3,866 | $198.2K | 0.00% | 00.0% | Unchanged |
| Mirae Asset Global ETFs Holdings Ltd. | 3,619 | $185.5K | 0.00% | −731−16.8% | Reduced |
| Johnson Financial Group, Inc. | 3,260 | $167.1K | 0.01% | +3,260 | New |
| Harbor Capital Advisors, Inc. | 2,876 | $147.0K | 0.01% | −7−0.2% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 2,517 | $129.0K | 0.00% | +639+34.0% | Added |
| Virtus ETF Advisers LLC | 2,133 | $109.3K | 0.06% | 00.0% | Unchanged |
| Wealthspire Advisors, LLC | 1,800 | $92.3K | 0.00% | +1,800 | New |