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 2025
Institutional positions in First Business Financial Services, Inc. as of Dec 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
- 139
- +6 vs. Q3 2025
- Shares held
- 5.72M
- +24.1K (+0.4%) vs. Q3 2025
- Total value
- $310.6M
- +$18.6M (+6.4%) vs. Q3 2025
- New holders
- 18
- 52 more added
- Sold out
- 12
- 47 more reduced
3 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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 | $310.6M |
| Q3 2025 | 136 | $292.2M |
| Q2 2025 | 117 | $285.2M |
| Q1 2025 | 116 | $264.0M |
| Q4 2024 | 104 | $257.0M |
| Q3 2024 | 94 | $241.3M |
| Q2 2024 | 88 | $192.6M |
| Q1 2024 | 84 | $194.9M |
| Q4 2023 | 84 | $207.0M |
| 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 | $149.0M |
| Q3 2021 | 76 | $144.1M |
| Q2 2021 | 78 | $140.0M |
| Q1 2021 | 77 | $137.8M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding First Business Financial Services, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Charles Schwab Investment Management Inc | 24,675 | $1.34M | 0.00% | +2,510+11.3% | Added |
| Kennedy Capital Management, Inc. | 25,277 | $1.37M | 0.03% | +5,752+29.5% | Added |
| Barclays PLC | 28,454 | $1.55M | 0.00% | +1,665+6.2% | Added |
| First Trust Advisors LP | 29,597 | $1.61M | 0.00% | −661−2.2% | Reduced |
| Gsa Capital Partners LLP | 30,210 | $1.64M | 0.14% | +18,083+149.1% | Added |
| Daytona Street Capital LLC | 30,790 | $1.67M | 1.37% | +30,790 | New |
| Royal Bank of Canada | 31,244 | $1.70M | 0.00% | +4,392+16.4% | Added |
| Bank of New York Mellon Corp | 31,314 | $1.70M | 0.00% | −2,952−8.6% | Reduced |
| Millennium Management LLC | 34,194 | $1.86M | 0.00% | −5,980−14.9% | Reduced |
| Uncommon Cents Investing LLC | 34,743 | $1.89M | 0.46% | +265+0.8% | Added |
| Qube Research & Technologies Ltd | 37,244 | $2.02M | 0.00% | +2,666+7.7% | Added |
| Ameriprise Financial Inc | 39,944 | $2.17M | 0.00% | −9,565−19.3% | Reduced |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $2.44M | 2.26% | 00.0% | Unchanged |
| Acadian Asset Management LLC | 47,168 | $2.56M | 0.00% | +1,264+2.8% | Added |
| Morgan Stanley | 50,923 | $2.77M | 0.00% | +10,354+25.5% | Added |
| Poehling Capital Management, LLC | 52,327 | $2.84M | 0.58% | −6,000−10.3% | Reduced |
| Goldman Sachs Group Inc | 52,595 | $2.86M | 0.00% | +3,283+6.7% | Added |
| Vista Investment Management | 52,737 | $2.86M | 0.95% | +409+0.8% | Added |
| M3F, Inc. | 58,937 | $3.20M | 0.88% | −7,540−11.3% | Reduced |
| Alliancebernstein L.P. | 70,334 | $3.82M | 0.00% | −1,000−1.4% | Reduced |
| Bridgeway Capital Management, LLC | 73,727 | $4.00M | 0.08% | +1,666+2.3% | Added |
| Northern Trust Corp | 75,556 | $4.10M | 0.00% | −7,437−9.0% | Reduced |
| Hillsdale Investment Management Inc. | 83,071 | $4.51M | 0.12% | −900−1.1% | Reduced |
| De Lisle Partners LLP | 96,812 | $5.26M | 0.68% | +3,172+3.4% | Added |
| Federated Hermes, Inc. | 104,764 | $5.69M | 0.01% | +32,899+45.8% | Added |
| AQR Capital Management LLC | 105,951 | $5.75M | 0.00% | +22,334+26.7% | Added |
| Renaissance Technologies LLC | 128,265 | $6.96M | 0.01% | −13,300−9.4% | Reduced |
| LSV Asset Management | 134,127 | $7.28M | 0.02% | +9,738+7.8% | Added |
| Pacific Ridge Capital Partners, LLC | 140,455 | $7.63M | 1.67% | −4,168−2.9% | Reduced |
| Cutler Capital Management, LLC | 153,785 | $8.35M | 2.50% | −1,708−1.1% | Reduced |
| State Street Corp | 158,055 | $8.58M | 0.00% | −906−0.6% | Reduced |
| Banc Funds Co LLC | 166,224 | $9.03M | 1.79% | −27,300−14.1% | Reduced |
| American Century Companies Inc | 217,010 | $11.8M | 0.01% | +18,765+9.5% | Added |
| Geode Capital Management, LLC | 235,050 | $12.8M | 0.00% | +6,347+2.8% | Added |
| Manufacturers Life Insurance Company, The | 248,437 | $13.5M | 0.01% | −6,384−2.5% | Reduced |
| First Business Financial Services, Inc. | 361,311 | $19.6M | 1.80% | −12,922−3.5% | Reduced |
| Vanguard Group Inc | 480,482 | $26.1M | 0.00% | −1,199−0.2% | Reduced |
| Dimensional Fund Advisors LP | 499,376 | $27.1M | 0.01% | −6,201−1.2% | Reduced |
| BlackRock, Inc. | 869,788 | $47.2M | 0.00% | −12,479−1.4% | Reduced |
| Empowered Funds, LLC | 0 | $0 | 0.00% | −36,661−100.0% | Sold out |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −15,100−100.0% | Sold out |
| Fourthstone LLC | 0 | $0 | 0.00% | −12,131−100.0% | Sold out |
| CenterBook Partners LP | 0 | $0 | 0.00% | −10,390−100.0% | Sold out |
| Zacks Investment Management | 0 | $0 | 0.00% | −9,727−100.0% | Sold out |
| Semanteon Capital Management, LP | 0 | $0 | 0.00% | −5,102−100.0% | Sold out |
| Los Angeles Capital Management LLC | 0 | $0 | 0.00% | −4,298−100.0% | Sold out |
| Virtus ETF Advisers LLC | 0 | $0 | 0.00% | −2,133−100.0% | Sold out |
| Wealthspire Advisors, LLC | 0 | $0 | 0.00% | −1,800−100.0% | Sold out |
| Northwestern Mutual Wealth Management Co | 0 | $0 | 0.00% | −652−100.0% | Sold out |
| Macquarie Group Ltd | 0 | $0 | 0.00% | −370−100.0% | Sold out |
| Quarry LP | 0 | $0 | 0.00% | −3−100.0% | Sold out |
| Cubist Systematic Strategies, LLC | – | – | – | – | Not filed |
| Point72 Asia (Singapore) Pte. Ltd. | – | – | – | – | Not filed |
| Point72 (DIFC) Ltd | – | – | – | – | Not filed |