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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 2026

Institutional positions in First Business Financial Services, Inc. as of Jun 30, 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
141
−2 vs. Q1 2026
Shares held
5.94M
+172.1K (+3.0%) vs. Q1 2026
Total value
$375.1M
+$63.7M (+20.5%) vs. Q1 2026
New holders
11
65 more added
Sold out
13
40 more reduced

1 institution that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: 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 2026: 141 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 2026: $375.1M
Q1 2021: $137.8MQ2 2021: $140.0MQ3 2021: $144.1MQ4 2021: $150.3MQ1 2022: $171.0MQ2 2022: $172.3MQ3 2022: $180.3MQ4 2022: $196.2MQ1 2023: $162.8MQ2 2023: $156.0MQ3 2023: $156.1MQ4 2023: $208.6MQ1 2024: $199.0MQ2 2024: $192.8MQ3 2024: $242.5MQ4 2024: $257.0MQ1 2025: $264.0MQ2 2025: $286.5MQ3 2025: $293.0MQ4 2025: $310.8MQ1 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$310.8M
Q3 2025136$293.0M
Q2 2025117$286.5M
Q1 2025116$264.0M
Q4 2024104$257.0M
Q3 202494$242.5M
Q2 202488$192.8M
Q1 202484$199.0M
Q4 202384$208.6M
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$150.3M
Q3 202176$144.1M
Q2 202178$140.0M
Q1 202177$137.8M

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding First Business Financial Services, Inc.; share changes are against Q1 2026.

Institutions holding FBIZ in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Covestor Ltd4$00.00%−186−97.9%Reduced
Nisa Investment Advisors, LLC5$3160.00%00.0%Unchanged
Assetmark, Inc8$5050.00%00.0%Unchanged
SJS Investment Consulting Inc.9$5690.00%+2+28.6%Added
Los Angeles Capital Management LLC20$1.26K0.00%−537−96.4%Reduced
True Wealth Design, LLC23$1.45K0.00%+1+4.5%Added
Optiver Holding B.V.26$1.64K0.00%−56−68.3%Reduced
Signaturefd, LLC32$2.02K0.00%−121−79.1%Reduced
The PNC Financial Services Group, Inc.34$2.15K0.00%00.0%Unchanged
Silver Grove Financial Group, Inc.36$2.27K0.00%+36New
Parallel Advisors, LLC44$2.78K0.00%+29+193.3%Added
Farther Finance Advisors, LLC44$2.78K0.00%+1+2.3%Added
Smartleaf Asset Management LLC51$3.22K0.00%00.0%Unchanged
Rothschild Investment LLC53$3.35K0.00%+25+89.3%Added
Clearstead Advisors, LLC105$6.63K0.00%+105New
California State Teachers Retirement System111$7.01K0.00%−319−74.2%Reduced
Essential Partners LLC155$9.79K0.00%−80−34.0%Reduced
Meeder Asset Management Inc193$12.2K0.00%+24+14.2%Added
IFP Advisors, Inc219$13.8K0.00%+45+25.9%Added
Allworth Financial LP262$16.6K0.00%+99+60.7%Added
Ares Financial Consulting, LLC283$17.9K0.01%00.0%Unchanged
EverSource Wealth Advisors, LLC300$18.9K0.00%−922−75.5%Reduced
UBS Asset Management Americas Inc306$19.3K0.00%00.0%Unchanged
GAMMA Investing LLC343$21.7K0.00%+21+6.5%Added
Rockefeller Capital Management L.P.392$24.8K0.00%−132−25.2%Reduced
GWM Advisors LLC404$25.5K0.00%−3,872−90.6%Reduced
Ameritas Investment Partners, Inc.645$40.7K0.00%00.0%Unchanged
Versant Capital Management, Inc676$42.7K0.00%00.0%Unchanged
Legal & General Group Plc804$50.8K0.00%+80+11.0%Added
Tower Research Capital LLC (TRC)810$51.2K0.00%−741−47.8%Reduced
State of Alaska, Department of Revenue905$56.0K0.00%00.0%Unchanged
FMR LLC1,035$65.4K0.00%+283+37.6%Added
Harbour Investments, Inc.1,239$78.3K0.00%+2+0.2%Added
Public Employees Retirement System of Ohio1,529$96.6K0.00%00.0%Unchanged
SRS Capital Advisors, Inc.1,873$118.3K0.00%+1,854+9,757.9%Added
Harbor Capital Advisors, Inc.2,456$155.0K0.01%+127+5.5%Added
Police & Firemen's Retirement System of New Jersey2,516$158.9K0.00%+718+39.9%Added
New York State Common Retirement Fund2,666$168.4K0.00%−1,200−31.0%Reduced
Eurizon Capital SGR S.p.A.2,981$188.6K0.00%00.0%Unchanged
Evergreen Capital Management LLC3,242$204.8K0.00%+3,242New
Vanguard Global Advisers, LLC3,349$211.6K0.00%00.0%Unchanged
Susquehanna Portfolio Strategies, LLC3,420$216.0K0.00%+3,420New
Merit Financial Group, LLC3,565$225.2K0.00%+3,565New
Algert Global LLC3,584$226.4K0.00%+3,584New
Fedenia Advisers LLC3,700$233.7K0.06%+3,700New
Jones Financial Companies LLLP3,702$233.9K0.00%+3,702New
EntryPoint Capital, LLC3,721$235.1K0.06%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.3,725$235.3K0.00%−106−2.8%Reduced
Integrated Quantitative Investments LLC3,906$246.7K0.04%−11,716−75.0%Reduced
JustInvest LLC3,946$249.3K0.00%+3,946New
Sequoia Financial Advisors, LLC4,034$254.8K0.00%+4,034New
Jump Financial, LLC4,100$259.0K0.00%00.0%Unchanged
Sterling Capital Management LLC4,416$279.0K0.00%+4,163+1,645.5%Added
Citigroup Inc4,428$279.7K0.00%+3,286+287.7%Added
KLCM Advisors, Inc.4,500$284.3K0.02%00.0%Unchanged
ERn Financial, LLC4,615$291.5K0.05%00.0%Unchanged
Beese Fulmer Investment Management, Inc.4,824$304.7K0.02%+38+0.8%Added
MetLife Investment Management5,136$324.4K0.00%+527+11.4%Added
Mariner, LLC5,140$324.7K0.00%+5,140New
Arrowstreet Capital, Limited Partnership5,287$334.0K0.00%00.0%Unchanged
Thompson Investment Management, Inc.6,020$380.3K0.04%00.0%Unchanged
Wealth Enhancement Trust Services, Inc.6,343$400.7K0.04%+30.0%Added
Canada Pension Plan Investment Board6,400$404.3K0.00%00.0%Unchanged
Price T Rowe Associates Inc6,641$420.0K0.00%+1,200+22.1%Added
Northern Oak Wealth Management Inc6,813$430.4K0.05%+41+0.6%Added
Wells Fargo & Company6,906$436.3K0.00%+3,810+123.1%Added
Martingale Asset Management L P7,004$442.4K0.01%00.0%Unchanged
Engineers Gate Manager LP7,088$447.7K0.01%−3,105−30.5%Reduced
Mercer Global Advisors Inc7,437$469.8K0.00%+2,708+57.3%Added
Jacobs Levy Equity Management, Inc7,700$486.4K0.00%−510−6.2%Reduced
Deutsche Bank AG7,890$498.4K0.00%+751+10.5%Added
Mattern Wealth Management LLC8,000$505.4K0.08%00.0%Unchanged
Occudo Quantitative Strategies LP8,179$516.7K0.03%+3,752+84.8%Added
Prudential Financial Inc8,290$523.7K0.00%+1,070+14.8%Added
Quadrature Capital Ltd8,490$536.3K0.00%+2,458+40.7%Added
Man Group plc8,607$543.7K0.00%+1,852+27.4%Added
JPMorgan Chase & Co9,035$571.1K0.00%+1,356+17.7%Added
XTX Topco Ltd9,265$585.3K0.01%+5,505+146.4%Added
Russell Investments Group, Ltd.9,698$612.6K0.00%+3,737+62.7%Added
Invesco Ltd.9,962$629.3K0.00%−458−4.4%Reduced
State of Wisconsin Investment Board10,160$641.8K0.00%−1,400−12.1%Reduced
Rhumbline Advisers10,170$642.4K0.00%+513+5.3%Added
Advisor Group Holdings, Inc.10,407$657.4K0.00%+10,336+14,557.7%Added
UBS Group AG10,684$674.9K0.00%−3,705−25.7%Reduced
Trexquant Investment LP11,925$753.3K0.00%−2,140−15.2%Reduced
Connor, Clark & Lunn Investment Management Ltd.12,193$770.2K0.00%+40.0%Added
Ieq Capital, LLC13,499$852.7K0.00%+5,336+65.4%Added
BNP Paribas Arbitrage, SA14,374$908.0K0.00%+6,965+94.0%Added
US Bancorp14,500$916.0K0.00%−3,384−18.9%Reduced
Wealth Enhancement Advisory Services, LLC15,825$1.01M0.00%+10,520+198.3%Added
Barclays PLC17,247$1.09M0.00%−433−2.4%Reduced
Gator Capital Management, LLC17,835$1.13M0.24%−6,980−28.1%Reduced
Gsa Capital Partners LLP19,167$1.21M0.08%−10,109−34.5%Reduced
Citadel Advisors LLC20,897$1.32M0.00%+16,441+369.0%Added
Baird Financial Group, Inc.21,240$1.34M0.00%00.0%Unchanged
Nuveen, LLC21,958$1.39M0.00%+2,438+12.5%Added
Quantinno Capital Management LP22,724$1.44M0.00%+9,365+70.1%Added
Stifel Financial Corp23,363$1.48M0.00%+173+0.7%Added
Creative Planning23,415$1.48M0.00%+10,029+74.9%Added
Poehling Capital Management, LLC23,848$1.51M0.32%−1,767−6.9%Reduced