First Business Financial Services, Inc.

Institutional InvestorSimilar funds →SEC EDGAR: CIK 1521951
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13F Reported Value

$1.3B

Holdings

201

Latest Filing

2026-06-30

Filing Quarter

Q2 2026

Portfolio Overview

First Business Financial Services, Inc. disclosed 201 positions worth $1.3B in its Form 13F-HR for Q2 2026. During the quarter the fund opened 14 new positions and exited 5 — including a new stake in $HWM and a full exit from $SIVR. The portfolio is most concentrated in Other (73.6% of disclosed assets). All figures are sourced directly from First Business Financial Services, Inc.’s Form 13F-HR filing with the SEC under CIK 1521951.

Sector Allocation

OtherTechnologyFinancialsIndustrialsConsumer DiscretionaryHealthcare

AUM History

Top Equity Holdings by Value

Quarterly Activity — Q2 2026

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Top Holdings

AI Quality Scored
  • Vanguard Total Stock Market ET - Com

    Quality

    $294.1M794,853 sh
  • iShares Core MSCI EAFE ETF - Com

    Quality

    $151.4M1,567,578 sh
  • iShares Russell 1000 Growth ET - Com

    Quality

    $90.9M731,884 sh
  • iShares Core S&P Small-Cap ETF - Com

    Quality

    $74.5M502,002 sh
  • iShares Russell 1000 Value ETF - Com

    Quality

    $64.4M265,835 sh
  • iShares Core Dividend Growth - Com

    Quality

    $63.6M839,061 sh
  • iShares Core S&P Mid-Cap ETF - Com

    Quality

    $54.9M711,692 sh
  • iShares Core US Aggregate Bond - Com

    Quality

    $38.5M388,636 sh
  • $32.6M43,684 sh
  • $21.5M340,189 sh

Unlock AI quality scores for every holding

32-signal composite ranking on each of First Business Financial Services, Inc.'s 201 positions.

Showing top 10 of 201 holdings.

Sector Allocation

Other

$948.8M

Technology

$136.5M

Financials

$66.5M

Industrials

$42.4M

Consumer Discretionary

$21.6M

Healthcare

$19.3M

Consumer Staples

$15.7M

Utilities

$12.0M

Full Holdings — First Business Financial Services, Inc. (Q2 2026)

All 201 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

TickerCompanyValue
Vanguard Total Stock Market ET - Com$294.1M
iShares Core MSCI EAFE ETF - Com$151.4M
iShares Russell 1000 Growth ET - Com$90.9M
iShares Core S&P Small-Cap ETF - Com$74.5M
iShares Russell 1000 Value ETF - Com$64.4M
iShares Core Dividend Growth - Com$63.6M
iShares Core S&P Mid-Cap ETF - Com$54.9M
iShares Core US Aggregate Bond - Com$38.5M
SPY$SPYSPDR S&P 500 ETF TRUST$32.6M
FBIZ$FBIZFIRST BUSINESS FINANCIAL SERVICES, INC.$21.5M
NVDA$NVDANVIDIA CORP$20.5M
JPMorgan Ultra-Short Income ET - Com$18.4M
AAPL$AAPLApple Inc.$17.3M
AVGO$AVGOBroadcom Inc.$15.6M
GOOG$GOOGAlphabet Inc.$15.6M
CIEN$CIENCIENA CORP$14.1M
LRCX$LRCXLAM RESEARCH CORP$14.1M
JPM$JPMJPMORGAN CHASE & CO$11.8M
ANET$ANETArista Networks, Inc.$11.7M
PWR$PWRQUANTA SERVICES, INC.$11.2M
LLY$LLYELI LILLY & Co$8.0M
Vanguard Short-Term Inflation - Com$7.5M
iShares Edge MSCI USA Momentum - Com$7.0M
MSFT$MSFTMICROSOFT CORP$7.0M
State Street Technology Select - Com$7.0M
iShares S&P 500 Core - Com$6.5M
iShares National Muni Bond ETF - Com$5.9M
C$CCITIGROUP INC$5.8M
ADI$ADIANALOG DEVICES INC$5.5M
BAC$BACBANK OF AMERICA CORP /DE/$4.6M
NUE$NUENUCOR CORP$4.6M
COR$CORCencora, Inc.$4.5M
BRK.A$BRK.ABERKSHIRE HATHAWAY INC$4.5M
COST$COSTCOSTCO WHOLESALE CORP /NEW$4.4M
XOM.R34088$XOM.R34088EXXON MOBIL CORP$4.2M
TXN$TXNTEXAS INSTRUMENTS INC$4.2M
GD$GDGENERAL DYNAMICS CORP$3.6M
CSCO$CSCOCISCO SYSTEMS, INC.$3.6M
Return Stacked Global Stocks & - Com$3.6M
EQIX$EQIXEQUINIX INC$3.6M
EXPE$EXPEExpedia Group, Inc.$3.2M
KO$KOCOCA COLA CO$3.2M
SYK$SYKSTRYKER CORP$3.2M
RSG$RSGREPUBLIC SERVICES, INC.$3.1M
PFH$PFHPRUDENTIAL FINANCIAL INC$3.1M
AMZN$AMZNAMAZON COM INC$3.1M
TJX$TJXTJX COMPANIES INC /DE/$3.1M
NEE$NEENEXTERA ENERGY INC$3.0M
TOL$TOLToll Brothers, Inc.$3.0M
TMUS$TMUST-Mobile US, Inc.$2.9M
EA$EAELECTRONIC ARTS INC.$2.9M
State Street Energy Select Sec - Com$2.9M
State Street Industrial Select - Com$2.6M
META$METAMeta Platforms, Inc.$2.6M
GOOGL$GOOGLAlphabet Inc.$2.5M
DRI$DRIDARDEN RESTAURANTS INC$2.3M
OSK$OSKOSHKOSH CORP$2.3M
ICE$ICEIntercontinental Exchange, Inc.$2.2M
GLW$GLWCORNING INC /NY$2.2M
LOW$LOWLOWES COMPANIES INC$2.1M
AMD$AMDADVANCED MICRO DEVICES INC$2.1M
HWM$HWMHowmet Aerospace Inc.$2.1M
QCOM$QCOMQUALCOMM INC/DE$1.9M
PM$PMPhilip Morris International Inc.$1.9M
AEP$AEPAMERICAN ELECTRIC POWER CO INC$1.9M
SLB$SLBSLB LIMITED/NV$1.9M
IQV$IQVIQVIA HOLDINGS INC.$1.8M
ABBV$ABBVAbbVie Inc.$1.8M
iShares Russell 1000 ETF - Com$1.7M
NFLX$NFLXNETFLIX INC$1.6M
GLD$GLDSPDR GOLD TRUST$1.6M
Vanguard Small-Cap ETF - Com$1.5M
KR$KRKROGER CO$1.5M
State Street Consumer Dis Sele - Com$1.5M
CL$CLCOLGATE PALMOLIVE CO$1.5M
iShares Russell 2000 - Com$1.5M
ASML$ASMLASML HOLDING NV$1.5M
BRK.B$BRK.BBERKSHIRE HATHAWAY INC$1.4M
ATI$ATIATI INC$1.4M
APO$APOApollo Global Management, Inc.$1.4M
Financial Select Sector SPDR E - Com$1.3M
iShares Russell 2000 Growth - Com$1.2M
JNJ$JNJJOHNSON & JOHNSON$1.2M
MRK$MRKMerck & Co., Inc.$1.2M
Vanguard Communication SVCS ET - Com$1.1M
WMT$WMTWalmart Inc.$1.1M
ETN$ETNEaton Corp plc$1.0M
Vanguard Mid-Cap ETF - Com$1.0M
PLTR$PLTRPalantir Technologies Inc.$1.0M
iShares Russell 2000 Value - Com$1.0M
Nuveen ESG Large Cap Value - Com$950,110
Simplify Managed Futures ETF - Com$929,975
MRVL$MRVLMarvell Technology, Inc.$893,968
CRM$CRMSalesforce, Inc.$876,356
TDG$TDGTransDigm Group INC$871,154
AMAT$AMATAPPLIED MATERIALS INC /DE$865,431
iShares Edge MSCI Min Vol USA - Com$838,623
BLK$BLKBlackRock, Inc.$804,826
PG$PGPROCTER & GAMBLE Co$802,561
State Street Comm Svcs Select - Com$783,870
Vanguard Index Growth - Com$776,294
MA$MAMastercard Inc$731,880
MDLZ$MDLZMondelez International, Inc.$705,127
IBM$IBMINTERNATIONAL BUSINESS MACHINES CORP$684,465
ITW$ITWILLINOIS TOOL WORKS INC$683,478
CAT$CATCATERPILLAR INC$640,005
MDY$MDYSPDR S&P MIDCAP 400 ETF TRUST$623,863
MGEE$MGEEMGE ENERGY INC$608,125
MO$MOALTRIA GROUP, INC.$603,229
CMI$CMICUMMINS INC$595,530
Vanguard Index Value - Com$586,014
GE$GEGENERAL ELECTRIC CO$586,009
HD$HDHOME DEPOT, INC.$570,284
CTAS$CTASCINTAS CORP$569,938
WEYS$WEYSWEYCO GROUP INC$556,755
SLV$SLViShares Silver Trust$552,345
ABT$ABTABBOTT LABORATORIES$543,351
ISRG$ISRGINTUITIVE SURGICAL INC$540,049
iShares MSCI EAFE ETF - Com$532,697
PEP$PEPPEPSICO INC$519,394
CVX$CVXCHEVRON CORP$508,717
SO$SOSOUTHERN CO$508,316
AXP$AXPAMERICAN EXPRESS CO$498,919
Vanguard Information Technolog - Com$496,247
LNT$LNTALLIANT ENERGY CORP$495,198
BMO$BMOBANK OF MONTREAL /CAN/$492,110
TTEK$TTEKTETRA TECH INC$485,930
ACN$ACNAccenture plc$484,818
TEL$TELTE Connectivity plc$478,824
MU$MUMICRON TECHNOLOGY INC$477,876
V$VVISA INC.$471,406
Vanguard FTSE Developed Market - Com$467,543
AMP$AMPAMERIPRISE FINANCIAL INC$465,641
PH$PHParker-Hannifin Corp$459,716
Ishares Tr Global Tech ETF - Com$454,101
iShares MSCI ACWI ex US - Com$449,430
MS$MSMORGAN STANLEY$444,419
WWD$WWDWoodward, Inc.$425,440
DUK$DUKDuke Energy CORP$420,372
AON$AONAon plc$411,959
MCK$MCKMCKESSON CORP$402,735
UNP$UNPUNION PACIFIC CORP$390,864
Global X US Infr Dev ETF - Com$388,342
WM$WMWASTE MANAGEMENT INC$375,553
GS$GSGOLDMAN SACHS GROUP INC$375,218
GEV$GEVGE Vernova Inc.$363,032
PHM$PHMPULTEGROUP INC/MI/$360,313
State Street Utilities Select - Com$358,367
ROK$ROKROCKWELL AUTOMATION, INC$352,497
OKLO$OKLOOklo Inc.$347,995
HLT$HLTHilton Worldwide Holdings Inc.$345,331
INTC$INTCINTEL CORP$342,094
XEL$XELXCEL ENERGY INC$335,493
State St SPDR Port Developed W - Com$324,713
CPER$CPERUnited States Commodity Index Funds Trust$322,109
TRI$TRITHOMSON REUTERS CORP /CAN/$321,943
UNH$UNHUNITEDHEALTH GROUP INC$320,451
COF$COFCAPITAL ONE FINANCIAL CORP$315,575
STX$STXSeagate Technology Holdings plc$309,765
USB$USBUS BANCORP \DE\$305,201
BX$BXBlackstone Inc.$295,822
CRL$CRLCHARLES RIVER LABORATORIES INTERNATIONAL, INC.$294,827
STRT$STRTSTRATTEC SECURITY CORP$293,057
ORCL$ORCLORACLE CORP$292,074
PSX$PSXPhillips 66$291,611
MCHP$MCHPMICROCHIP TECHNOLOGY INC$286,003
PNC$PNCPNC FINANCIAL SERVICES GROUP, INC.$278,229
SCHW$SCHWSCHWAB CHARLES CORP$278,102
GILD$GILDGILEAD SCIENCES, INC.$278,074
TSM$TSMTAIWAN SEMICONDUCTOR MANUFACTURING CO LTD$270,782
iShares S&P 500 Growth - Com$256,218
Vanguard World Mega Cap Val ET - Com$246,973
NSC$NSCNORFOLK SOUTHERN CORP$244,122
WT$WTWisdomTree, Inc.$243,162
Goldman Sachs Nasdaq-100 Premi - Com$241,451
Fidelity Enhanced Large Cap ET - Com$240,625
TFC$TFCTRUIST FINANCIAL CORP$240,033
CVS$CVSCVS HEALTH Corp$239,176
AJG$AJGArthur J. Gallagher & Co.$238,064
FT Vest Rising Dividend Target - Com$236,729
TMO$TMOTHERMO FISHER SCIENTIFIC INC.$234,135
SGOL$SGOLabrdn Gold ETF Trust$233,050
MCD$MCDMCDONALDS CORP$232,196
PPL$PPLPPL Corp$230,459
WTRG$WTRGEssential Utilities, Inc.$229,860
iShares Russell Mid-Cap Value - Com$226,654
Goldman Sachs S&P 500 Premium - Com$226,503
KEY$KEYKEYCORP /NEW/$225,683
WEC$WECWEC ENERGY GROUP, INC.$225,366
WFC$WFCWELLS FARGO & COMPANY/MN$224,368
NOW$NOWServiceNow, Inc.$219,409
MPC$MPCMarathon Petroleum Corp$219,109
ENB$ENBENBRIDGE INC$213,913
VZ$VZVERIZON COMMUNICATIONS INC$213,224
CB$CBChubb Ltd$212,963
UBER$UBERUber Technologies, Inc$210,852
EOG$EOGEOG RESOURCES INC$210,811
SPG$SPGSIMON PROPERTY GROUP INC.$208,218
CEG$CEGConstellation Energy Corp$206,644
GNRC$GNRCGENERAC HOLDINGS INC.$204,967
DOX$DOXAMDOCS LTD$204,485

New Positions (14)

HWM$HWM Howmet Aerospace Inc.$2.1M
MU$MU MICRON TECHNOLOGY INC$477,876
INTC$INTC INTEL CORP$342,094
STX$STX Seagate Technology Holdings plc$309,765
TSM$TSM TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD$270,782
CVS$CVS CVS HEALTH Corp$239,176
KEY$KEY KEYCORP /NEW/$225,683
WEC$WEC WEC ENERGY GROUP, INC.$225,366
WFC$WFC WELLS FARGO & COMPANY/MN$224,368
ENB$ENB ENBRIDGE INC$213,913
UBER$UBER Uber Technologies, Inc$210,852
SPG$SPG SIMON PROPERTY GROUP INC.$208,218
CEG$CEG Constellation Energy Corp$206,644
GNRC$GNRC GENERAC HOLDINGS INC.$204,967

Exited Positions (5)

SIVR$SIVR abrdn Silver ETF Trust
DIS$DIS Walt Disney Co
SHEL$SHEL Shell plc
UA$UA Under Armour, Inc.
DNN$DNN DENISON MINES CORP.

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