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 2026
Institutional positions in First Business Financial Services, Inc. as of Mar 31, 2026. 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
- 144
- +6 vs. Q4 2025
- Shares held
- 5.78M
- +538.1K (+10.3%) vs. Q4 2025
- Total value
- $311.6M
- +$27.2M (+9.6%) vs. Q4 2025
- New holders
- 17
- 59 more added
- Sold out
- 11
- 36 more reduced
1 institution that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding First Business Financial Services, Inc.; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Stifel Financial Corp | 23,190 | $1.25M | 0.00% | +155+0.7% | Added |
| Bank of America Corp | 24,024 | $1.30M | 0.00% | +6,379+36.2% | Added |
| Gator Capital Management, LLC | 24,815 | $1.34M | 0.29% | +850+3.5% | Added |
| Kennedy Capital Management, Inc. | 25,277 | $1.36M | 0.03% | 00.0% | Unchanged |
| Poehling Capital Management, LLC | 25,615 | $1.38M | 0.29% | −26,712−51.0% | Reduced |
| Gsa Capital Partners LLP | 29,276 | $1.58M | 0.10% | −934−3.1% | Reduced |
| First Trust Advisors LP | 29,413 | $1.59M | 0.00% | −184−0.6% | Reduced |
| M3F, Inc. | 29,685 | $1.60M | 0.40% | −29,252−49.6% | Reduced |
| Bank of New York Mellon Corp | 30,809 | $1.66M | 0.00% | −505−1.6% | Reduced |
| Royal Bank of Canada | 31,022 | $1.67M | 0.00% | −222−0.7% | Reduced |
| Daytona Street Capital LLC | 30,790 | $1.71M | 1.37% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 31,696 | $1.71M | 0.00% | +12,005+61.0% | Added |
| Millennium Management LLC | 33,175 | $1.79M | 0.00% | −1,019−3.0% | Reduced |
| Uncommon Cents Investing LLC | 34,003 | $1.83M | 0.43% | −740−2.1% | Reduced |
| Empowered Funds, LLC | 41,982 | $2.26M | 0.01% | +41,982 | New |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $2.43M | 2.37% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 48,457 | $2.61M | 0.00% | +8,513+21.3% | Added |
| Vanguard Fiduciary Trust Co | 51,693 | $2.79M | 0.00% | +51,693 | New |
| Vista Investment Management | 52,770 | $2.85M | 0.95% | +33+0.1% | Added |
| Acadian Asset Management LLC | 53,855 | $2.90M | 0.00% | +6,687+14.2% | Added |
| Goldman Sachs Group Inc | 55,399 | $2.99M | 0.00% | +2,804+5.3% | Added |
| Alliancebernstein L.P. | 58,984 | $3.20M | 0.00% | −11,350−16.1% | Reduced |
| Qube Research & Technologies Ltd | 60,458 | $3.26M | 0.00% | +23,214+62.3% | Added |
| Morgan Stanley | 75,719 | $4.08M | 0.00% | +24,796+48.7% | Added |
| Bridgeway Capital Management, LLC | 77,382 | $4.17M | 0.08% | +3,655+5.0% | Added |
| Northern Trust Corp | 79,473 | $4.29M | 0.00% | +3,917+5.2% | Added |
| Hillsdale Investment Management Inc. | 83,071 | $4.48M | 0.12% | 00.0% | Unchanged |
| Vanguard Portfolio Management LLC | 92,269 | $4.98M | 0.00% | +92,269 | New |
| AQR Capital Management LLC | 94,627 | $5.10M | 0.00% | −11,324−10.7% | Reduced |
| De Lisle Partners LLP | 98,812 | $5.34M | 0.64% | +2,000+2.1% | Added |
| Federated Hermes, Inc. | 116,133 | $6.26M | 0.01% | +11,369+10.9% | Added |
| Renaissance Technologies LLC | 122,465 | $6.60M | 0.01% | −5,800−4.5% | Reduced |
| Pacific Ridge Capital Partners, LLC | 140,892 | $7.60M | 1.65% | +437+0.3% | Added |
| LSV Asset Management | 143,625 | $7.75M | 0.02% | +9,498+7.1% | Added |
| Cutler Capital Management, LLC | 154,590 | $8.34M | 2.30% | +805+0.5% | Added |
| Banc Funds Co LLC | 166,224 | $8.96M | 1.67% | 00.0% | Unchanged |
| State Street Corp | 173,718 | $9.37M | 0.00% | +15,663+9.9% | Added |
| Geode Capital Management, LLC | 199,772 | $10.8M | 0.00% | −35,278−15.0% | Reduced |
| American Century Companies Inc | 240,137 | $13.0M | 0.01% | +23,127+10.7% | Added |
| Manufacturers Life Insurance Company, The | 244,795 | $13.2M | 0.01% | −3,642−1.5% | Reduced |
| Vanguard Capital Management LLC | 340,538 | $18.4M | 0.00% | +340,538 | New |
| First Business Financial Services, Inc. | 361,311 | $19.5M | 1.73% | 00.0% | Unchanged |
| Dimensional Fund Advisors LP | 499,716 | $27.0M | 0.01% | +340+0.1% | Added |
| BlackRock, Inc. | 870,202 | $46.9M | 0.00% | +4140.0% | Added |
| Principal Financial Group Inc | 0 | $0 | 0.00% | −11,377−100.0% | Sold out |
| Quest Partners LLC | 0 | $0 | 0.00% | −9,182−100.0% | Sold out |
| Alps Advisors Inc | 0 | $0 | 0.00% | −8,878−100.0% | Sold out |
| Susquehanna Portfolio Strategies, LLC | 0 | $0 | 0.00% | −3,720−100.0% | Sold out |
| Fedenia Advisers LLC | 0 | $0 | 0.00% | −3,700−100.0% | Sold out |
| Johnson Financial Group, Inc. | 0 | $0 | 0.00% | −3,260−100.0% | Sold out |
| SG Americas Securities, LLC | 0 | $0 | 0.00% | −2,751−100.0% | Sold out |
| Amalgamated Bank | 0 | $0 | 0.00% | −250−100.0% | Sold out |
| Whittier Trust Co | 0 | $0 | 0.00% | −131−100.0% | Sold out |
| UMA Financial Services, Inc. | 0 | $0 | 0.00% | −14−100.0% | Sold out |
| Clearstead Advisors, LLC | 0 | $0 | 0.00% | −1−100.0% | Sold out |
| Vanguard Group Inc | – | – | – | – | Not filed |