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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, 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.

Institutional holdersQ1 2026: 144 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 2026: $311.6M
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 2026

Shares, value and share of portfolio for each institution holding First Business Financial Services, Inc.; share changes are against Q4 2025.

Institutions holding FBIZ in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Global Advisers, LLC3,349$180.6K0.00%+3,349New
Wells Fargo & Company3,096$167.0K0.00%−5,899−65.6%Reduced
Eurizon Capital SGR S.p.A.2,981$162.1K0.00%+135+4.7%Added
Harbor Capital Advisors, Inc.2,329$126.0K0.01%−707−23.3%Reduced
Police & Firemen's Retirement System of New Jersey1,798$97.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)1,551$83.6K0.00%+1,316+560.0%Added
Public Employees Retirement System of Ohio1,529$82.5K0.00%00.0%Unchanged
Harbour Investments, Inc.1,237$66.7K0.00%+1,001+424.2%Added
EverSource Wealth Advisors, LLC1,222$65.9K0.00%+3+0.2%Added
Citigroup Inc1,142$61.6K0.00%−2,564−69.2%Reduced
State of Alaska, Department of Revenue905$48.0K0.00%00.0%Unchanged
FMR LLC752$40.6K0.00%−166−18.1%Reduced
Legal & General Group Plc724$39.0K0.00%00.0%Unchanged
Versant Capital Management, Inc676$36.5K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.645$34.8K0.00%00.0%Unchanged
Los Angeles Capital Management LLC557$30.0K0.00%+557New
Rockefeller Capital Management L.P.524$28.3K0.00%+132+33.7%Added
California State Teachers Retirement System430$23.2K0.00%−59−12.1%Reduced
GAMMA Investing LLC322$17.4K0.00%+13+4.2%Added
UBS Asset Management Americas Inc306$16.5K0.00%+212+225.5%Added
Ares Financial Consulting, LLC283$15.4K0.01%+283New
Quadrant Capital Group LLC284$15.3K0.00%+61+27.4%Added
Sterling Capital Management LLC253$13.6K0.00%−180−41.6%Reduced
Essential Partners LLC235$12.7K0.00%−58−19.8%Reduced
Covestor Ltd190$11.0K0.01%−8−4.0%Reduced
IFP Advisors, Inc174$9.38K0.00%00.0%Unchanged
Meeder Asset Management Inc169$9.11K0.00%+169New
Allworth Financial LP163$8.79K0.00%+28+20.7%Added
Signaturefd, LLC153$8.25K0.00%+2+1.3%Added
Optiver Holding B.V.82$4.42K0.00%+8+10.8%Added
Advisor Group Holdings, Inc.71$3.83K0.00%−10,236−99.3%Reduced
Smartleaf Asset Management LLC51$2.76K0.00%+16+45.7%Added
Farther Finance Advisors, LLC43$2.35K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.34$1.83K0.00%00.0%Unchanged
Simplex Trading, LLC29$1.56K0.00%+29New
Rothschild Investment LLC28$1.51K0.00%+3+12.0%Added
True Wealth Design, LLC22$1.19K0.00%00.0%Unchanged
MAI Capital Management21$1.13K0.00%+17+425.0%Added
SRS Capital Advisors, Inc.19$1.02K0.00%+17+850.0%Added
Parallel Advisors, LLC15$8090.00%+15New
Root Financial Partners, LLC11$5930.00%+11New
Assetmark, Inc8$4310.00%00.0%Unchanged
SJS Investment Consulting Inc.7$3780.00%+2+40.0%Added
Nisa Investment Advisors, LLC5$2700.00%00.0%Unchanged
Principal Financial Group Inc0$00.00%−11,377−100.0%Sold out
Quest Partners LLC0$00.00%−9,182−100.0%Sold out
Alps Advisors Inc0$00.00%−8,878−100.0%Sold out
Susquehanna Portfolio Strategies, LLC0$00.00%−3,720−100.0%Sold out
Fedenia Advisers LLC0$00.00%−3,700−100.0%Sold out
Johnson Financial Group, Inc.0$00.00%−3,260−100.0%Sold out
SG Americas Securities, LLC0$00.00%−2,751−100.0%Sold out
Amalgamated Bank0$00.00%−250−100.0%Sold out
Whittier Trust Co0$00.00%−131−100.0%Sold out
UMA Financial Services, Inc.0$00.00%−14−100.0%Sold out
Clearstead Advisors, LLC0$00.00%−1−100.0%Sold out
Vanguard Group Inc––––Not filed