| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| BlackRock, Inc. | 6.7% | $46,317,174 | 1,975,146 | BlackRock, Inc. | 31 Mar 2025 |
As of 31 Dec 2025, 157 institutional investors reported holding 15,000,525 shares of Business First Bancshares, Inc. - Common Stock (BFST). This represents 51% of the company’s total 29,479,791 outstanding shares.
The largest institutional shareholders of Business First Bancshares, Inc. - Common Stock (BFST) together control 43% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| BlackRock, Inc. | 7.8% | 2,290,313 | +2% | 0% | $59,868,771 |
| VANGUARD GROUP INC | 5.6% | 1,648,151 | +3.6% | 0% | $43,082,667 |
| DIMENSIONAL FUND ADVISORS LP | 3.7% | 1,083,887 | +5.8% | 0.01% | $28,333,042 |
| JANUS HENDERSON GROUP PLC | 3.3% | 986,146 | -3.2% | 0.01% | $25,777,740 |
| ROYCE & ASSOCIATES LP | 2.8% | 823,364 | +27% | 0.22% | $21,522,735 |
| AMERICAN CENTURY COMPANIES INC | 2.7% | 787,357 | +7.8% | 0.01% | $20,581,512 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.5% | 731,206 | +2% | 0% | $19,118,627 |
| STATE STREET CORP | 2% | 590,174 | -1.4% | 0% | $15,427,148 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 1.5% | 439,856 | -0.99% | 0.01% | $11,497,836 |
| Ranger Investment Management, L.P. | 1.1% | 322,375 | -6.8% | 0.58% | $8,426,883 |
| JPMORGAN CHASE & CO | 0.93% | 274,131 | -12% | 0% | $7,165,784 |
| NORTHERN TRUST CORP | 0.89% | 261,570 | -6.1% | 0% | $6,837,440 |
| Curi Capital, LLC | 0.85% | 250,009 | +0% | 0.11% | $6,535,236 |
| MENDON CAPITAL ADVISORS CORP | 0.85% | 250,000 | 0% | 2.6% | $6,535,000 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.82% | 242,669 | +0.35% | 0% | $6,343,368 |
| Russell Investments Group, Ltd. | 0.79% | 233,332 | +1.2% | 0.01% | $6,099,312 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 0.69% | 203,207 | +8.5% | 0.11% | $5,311,831 |
| BANC FUNDS CO LLC | 0.65% | 190,549 | -29% | 0.99% | $4,980,951 |
| GOLDMAN SACHS GROUP INC | 0.6% | 176,630 | +65% | 0% | $4,617,108 |
| MORGAN STANLEY | 0.58% | 172,090 | +20% | 0% | $4,498,448 |
| FRANKLIN RESOURCES INC | 0.53% | 155,159 | -16% | 0% | $4,055,856 |
| Fourthstone LLC | 0.45% | 132,169 | -19% | 0.65% | $3,454,898 |
| Bank of New York Mellon Corp | 0.42% | 124,203 | -6.1% | 0% | $3,246,652 |
| Empowered Funds, LLC | 0.4% | 117,407 | +16% | 0.05% | $3,069,019 |
| ALLIANCEBERNSTEIN L.P. | 0.38% | 112,138 | -3% | 0% | $2,931,287 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 15,000,525 | $392,108,039 | +$8,752,764 | $26.14 | 157 |
| 2025 Q3 | 15,071,644 | $355,846,296 | +$4,705,885 | $23.61 | 154 |
| 2025 Q2 | 14,817,776 | $364,636,680 | +$15,489,143 | $24.65 | 143 |
| 2025 Q1 | 14,182,770 | $345,491,616 | +$12,175,779 | $24.35 | 146 |
| 2024 Q4 | 13,690,119 | $351,770,810 | +$26,957,780 | $25.70 | 141 |
| 2024 Q3 | 12,577,447 | $322,564,370 | +$12,865,168 | $25.67 | 128 |
| 2024 Q2 | 12,023,628 | $262,608,913 | +$3,201,912 | $21.76 | 112 |
| 2024 Q1 | 11,604,068 | $258,490,967 | +$3,543,230 | $22.28 | 109 |
| 2023 Q4 | 12,003,592 | $295,897,267 | +$15,369,197 | $24.65 | 118 |
| 2023 Q3 | 10,940,222 | $205,325,209 | +$4,001,204 | $18.76 | 109 |
| 2023 Q2 | 10,762,682 | $162,259,532 | -$489,302 | $15.07 | 95 |
| 2023 Q1 | 10,595,335 | $181,448,493 | -$3,294,002 | $17.13 | 97 |
| 2022 Q4 | 10,437,415 | $231,079,468 | +$60,738,156 | $22.14 | 95 |
| 2022 Q3 | 7,772,019 | $167,331,931 | +$4,728,601 | $21.53 | 83 |
| 2022 Q2 | 7,459,959 | $158,987,983 | +$13,388,286 | $21.31 | 81 |
| 2022 Q1 | 7,092,270 | $172,584,176 | -$1,056,608 | $24.33 | 86 |
| 2021 Q4 | 7,135,251 | $201,960,708 | +$13,929,454 | $28.31 | 82 |
| 2021 Q3 | 6,553,023 | $153,252,096 | +$1,051,397 | $23.39 | 69 |
| 2021 Q2 | 6,506,618 | $149,339,609 | +$5,458,247 | $22.95 | 61 |
| 2021 Q1 | 6,274,277 | $150,135,844 | +$5,657,609 | $23.93 | 59 |
| 2020 Q4 | 6,044,833 | $123,314,110 | +$2,207,844 | $20.36 | 51 |
| 2020 Q3 | 5,816,572 | $87,153,520 | +$4,941,743 | $15.00 | 51 |
| 2020 Q2 | 5,506,415 | $84,362,991 | +$334,788 | $15.35 | 57 |
| 2020 Q1 | 5,581,435 | $75,344,935 | -$8,826,427 | $13.50 | 56 |
| 2019 Q4 | 5,998,189 | $149,526,865 | +$1,421,331 | $24.93 | 52 |
| 2019 Q3 | 5,937,448 | $144,890,749 | +$1,431,803 | $24.40 | 48 |
| 2019 Q2 | 5,878,581 | $149,606,388 | +$3,785,949 | $25.45 | 44 |
| 2019 Q1 | 5,770,062 | $141,565,462 | +$793,530 | $24.54 | 45 |
| 2018 Q4 | 5,739,245 | $138,856,643 | +$147,954 | $24.23 | 51 |
| 2018 Q3 | 5,728,025 | $152,003,616 | +$7,477,571 | $26.55 | 54 |
| 2018 Q2 | 5,443,695 | $143,440,248 | +$143,431,999 | $26.35 | 49 |