Security Snapshot

FIRST BUSINESS FINANCIAL SERVICES, INC. - Common Stock (FBIZ) Institutional Ownership

CUSIP: 319390100

13F Institutional Holders and Ownership History from Q1 2014 to Q1 2026

Latest Period

Q1 2026

Institutions Reporting

143

Shares (Excl. Options)

5,772,546

Price

$53.93

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Type / Class
Equity / Common Stock
Symbol
FBIZ on Nasdaq
Shares outstanding
8,268,347
Price per share
$59.33
All holders as of 31 Mar 2026
Q1 2026
Total 13F shares
5,772,546
Total reported value
$311,417,203
% of total 13F portfolios
0%
Share change
+42,850
Value change
+$2,277,563
Number of holders
143
Price from insider filings
$59.33
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Key facts

  • FBIZ - FIRST BUSINESS FINANCIAL SERVICES, INC. - Common Stock is tracked under CUSIP 319390100.
  • 143 institutions reported positions in Q1 2026.
  • 2 significant owners is listed from Schedule 13D/13G reporting.

Change

  • Holder count moved from 139 to 143 between Q4 2025 and Q1 2026.
  • Reported value moved from $310,555,228 to $311,417,203.

Research use

  • You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
  • 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.

Evidence

Source: SEC Form 13F

Latest holder context comes from 143 institutions filings for Q1 2026.

Open SEC Evidence

Security key

319390100

Latest holder period

Q1 2026

13F holders

143

13D/G owners

2

CIK / CUSIP context first

Significant Owners of FIRST BUSINESS FINANCIAL SERVICES, INC. - Common Stock (FBIZ) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
BlackRock, Inc. 6.1% $24,214,669 505,631 BlackRock, Inc. 31 Mar 2025
BlackRock Portfolio Management LLC 4.9% -18% $20,767,938 -$4,835,356 405,149 -19% BlackRock Portfolio Management LLC 30 Sep 2025

As of 31 Mar 2026, 143 institutional investors reported holding 5,772,546 shares of FIRST BUSINESS FINANCIAL SERVICES, INC. - Common Stock (FBIZ). This represents 70% of the company’s total 8,268,347 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of FIRST BUSINESS FINANCIAL SERVICES, INC. - Common Stock (FBIZ) together control 56% 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. 11% 870,202 +0.05% 0% $46,929,995
DIMENSIONAL FUND ADVISORS LP 6% 499,716 +0.07% 0.01% $26,950,059
First Business Financial Services, Inc. 4.4% 361,311 0% 1.7% $19,485,502
VANGUARD CAPITAL MANAGEMENT LLC 4.1% 340,538 0% 0% $18,365,214
MANUFACTURERS LIFE INSURANCE COMPANY, THE 3% 244,795 -1.5% 0.01% $13,201,794
AMERICAN CENTURY COMPANIES INC 2.9% 240,137 +11% 0.01% $12,950,588
GEODE CAPITAL MANAGEMENT, LLC 2.4% 199,772 -15% 0% $10,775,918
STATE STREET CORP 2.1% 173,718 +9.9% 0% $9,368,612
BANC FUNDS CO LLC 2% 166,224 0% 1.7% $8,964,460
Cutler Capital Management, LLC 1.9% 154,590 +0.52% 2.3% $8,337,063
LSV ASSET MANAGEMENT 1.7% 143,625 +7.1% 0.02% $7,746,000
Pacific Ridge Capital Partners, LLC 1.7% 140,892 +0.31% 1.6% $7,598,306
RENAISSANCE TECHNOLOGIES LLC 1.5% 122,465 -4.5% 0.01% $6,604,537
FEDERATED HERMES, INC. 1.4% 116,133 +11% 0.01% $6,263,053
De Lisle Partners LLP 1.2% 98,812 +2.1% 0.64% $5,339,261
AQR CAPITAL MANAGEMENT LLC 1.1% 94,627 -11% 0% $5,103,244
VANGUARD PORTFOLIO MANAGEMENT LLC 1.1% 92,269 0% 0% $4,976,067
Hillsdale Investment Management Inc. 1% 83,071 0% 0.12% $4,480,020
NORTHERN TRUST CORP 0.96% 79,473 +5.2% 0% $4,285,979
BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.94% 77,382 +5% 0.08% $4,173,211
MORGAN STANLEY 0.92% 75,719 +49% 0% $4,083,595
Qube Research & Technologies Ltd 0.73% 60,458 +62% 0% $3,260,500
ALLIANCEBERNSTEIN L.P. 0.71% 58,984 -16% 0% $3,202,831
GOLDMAN SACHS GROUP INC 0.67% 55,399 +5.3% 0% $2,987,668
ACADIAN ASSET MANAGEMENT LLC 0.65% 53,855 +14% 0% $2,903,000

Institutional Holders of FIRST BUSINESS FINANCIAL SERVICES, INC. - Common Stock (FBIZ) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2026 Q1 5,772,546 $311,417,203 +$2,277,563 $53.93 143
2025 Q4 5,719,211 $310,555,228 -$627,921 $54.30 139
2025 Q3 5,699,616 $292,142,932 +$3,539,257 $51.26 135
2025 Q2 5,626,591 $285,097,936 +$1,653,008 $50.66 115
2025 Q1 5,597,224 $263,907,171 +$2,289,980 $47.15 115
2024 Q4 5,551,052 $256,954,385 +$11,461,319 $46.29 103
2024 Q3 5,296,969 $241,344,989 +$2,402,089 $45.59 94
2024 Q2 5,206,791 $192,570,606 +$162,688 $36.99 88
2024 Q1 5,196,997 $194,878,542 -$553,211 $37.50 82
2023 Q4 5,162,109 $207,013,776 +$2,338,037 $40.10 83
2023 Q3 5,202,784 $156,127,968 -$1,571,625 $30.01 81
2023 Q2 5,287,298 $155,969,617 -$2,389,987 $29.49 80
2023 Q1 5,336,490 $162,794,851 -$1,526,643 $30.51 85
2022 Q4 5,369,022 $196,233,378 -$6,892,044 $36.55 89
2022 Q3 5,572,526 $180,318,418 -$1,089,352 $32.31 85
2022 Q2 5,523,377 $172,268,086 +$11,813,719 $31.19 88
2022 Q1 5,210,745 $170,963,297 +$3,840,887 $32.81 75
2021 Q4 5,108,578 $149,013,892 -$1,824,537 $29.17 73
2021 Q3 5,017,985 $144,072,491 -$4,172,856 $28.71 75
2021 Q2 5,171,942 $140,048,682 -$10,214,952 $27.07 77
2021 Q1 5,571,610 $137,788,031 +$4,602,540 $24.73 77
2020 Q4 5,387,810 $99,205,322 +$29,483 $18.41 69
2020 Q3 5,398,228 $77,146,409 -$1,780,757 $14.29 73
2020 Q2 5,510,204 $90,447,649 -$582,471 $16.45 79
2020 Q1 5,552,865 $86,059,680 -$1,019,051 $15.50 77
2019 Q4 5,592,641 $147,259,683 +$1,038,867 $26.33 81
2019 Q3 5,556,989 $133,881,964 +$358,457 $24.08 80
2019 Q2 5,540,804 $130,205,714 +$2,215,993 $23.50 75
2019 Q1 5,481,001 $109,731,195 -$1,429,011 $20.02 76
2018 Q4 5,534,913 $107,966,195 +$22,649 $19.51 75
2018 Q3 5,531,452 $128,199,560 +$865,039 $23.18 74
2018 Q2 5,490,906 $142,736,504 -$904,953 $26.00 78
2018 Q1 5,529,563 $139,444,457 +$5,688,821 $25.16 73
2017 Q4 5,323,148 $117,749,423 +$551,232 $22.12 69
2017 Q3 5,156,781 $117,283,611 -$1,858,767 $22.75 63
2017 Q2 5,237,312 $120,873,280 +$574,728 $23.08 60
2017 Q1 5,183,236 $134,552,635 +$12,936,323 $25.96 64
2016 Q4 5,089,938 $120,710,553 +$350,346 $23.72 71
2016 Q3 4,995,268 $117,386,235 -$1,001,892 $23.50 70
2016 Q2 5,037,975 $118,241,271 -$1,852,141 $23.47 76
2016 Q1 5,119,573 $117,308,056 +$3,568,705 $22.93 79
2015 Q4 4,957,030 $123,979,725 +$5,203,443 $25.01 72
2015 Q3 4,730,065 $111,728,463 +$57,037,238 $23.52 66
2015 Q2 2,243,449 $105,171,162 +$2,573,683 $46.88 74
2015 Q1 2,193,498 $94,973,664 -$1,702,932 $43.24 66
2014 Q4 2,228,464 $106,717,295 +$9,191,393 $47.91 66
2014 Q3 2,037,659 $89,450,843 +$2,108,709 $43.90 67
2014 Q2 1,984,305 $93,277,384 +$15,470,952 $47.03 70
2014 Q1 1,654,713 $78,068,000 +$4,781,578 $47.18 50
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