Quick Takeaways
- FIRST BUSINESS FINANCIAL SERVICES, INC. reports institutional holdings through Form 13F filings.
- Latest reported quarter: Q4 2025.
- Latest reported holdings value: $1,089,042,171.
- Info
- Portfolio
- Insider Trading
- Financials
- Holders
13F Filings History of FIRST BUSINESS FINANCIAL SERVICES, INC.
- Latest 13F report
- Q4 2025 - 06 Feb 2026
- Value $
- $1,089,042,171
- Signature - Title
- Dave Seiler - Chief Operating Officer
- Location
- Madison, WI
- Summary
- This page shows a list of all the recent 13F filings made by FIRST BUSINESS FINANCIAL SERVICES, INC.. Form 13F is required to be filed within 45 days of the end of a calendar quarter. FIRST BUSINESS FINANCIAL SERVICES, INC. reported 168 stock holdings with total value $1,089,042,171 as of Q4 2025. Top holdings included VTI, IEFA, IWF, IJR, and DGRO.
Follow Filing Activity
Follow FIRST BUSINESS FINANCIAL SERVICES, INC. and return when a new 13F portfolio filing appears.
This tracks SEC filing changes for this page using existing product update flows.
Holdings Value
What Changed
- Most recent filing was accepted on 06 Feb 2026, 10:03.
- Reported value moved from $1,090,082,121 to $1,089,042,171.
Why This Matters
- This gives a plain-language read of holdings direction before you open full quarter tables.
- Use the filing links below to verify the exact SEC source document.
Official SEC Source
Backed by Form 13F
Portfolio holdings and changes are grounded in SEC Form 13F filings.
See Original Filing| Quarter | Holdings | Value $ | Bought | Sold | Net | Top Holdings | Form Type | Filing Time |
|---|---|---|---|---|---|---|---|---|
| Q4 2025 | 168 | $1,089,042,171 | +$16,316,707 | -$39,541,431 | -$23,224,724 | VTI, IEFA, IWF, IJR, DGRO | 13F-HR | 06 Feb 2026, 10:03 |
| Q3 2025 | 185 | $1,090,082,121 | +$5,102,631 | -$105,621,236 | -$100,518,605 | VTI, IEFA, IWF, IJR, DGRO | 13F-HR | 30 Oct 2025, 11:03 |
| Q2 2025 | 185 | $1,108,862,946 | +$22,926,900 | -$23,661,921 | -$735,021 | VTI, IEFA, IWF, IJR, DGRO | 13F-HR | 31 Jul 2025, 12:02 |
| Q1 2025 | 170 | $1,016,958,419 | +$41,903,120 | -$6,231,656 | +$35,671,464 | VTI, IEFA, IWF, IJR, DGRO | 13F-HR | 02 May 2025, 11:15 |
| Q4 2024 | 162 | $1,011,423,769 | +$40,488,004 | -$27,493,450 | +$12,994,554 | VTI, IEFA, IWF, IJR, DGRO | 13F-HR | 06 Feb 2025, 15:48 |
| Q3 2024 | 159 | $999,245,863 | +$34,387,180 | -$30,635,097 | +$3,752,083 | VTI, IEFA, IWF, IJR, DGRO | 13F-HR | 06 Nov 2024, 09:56 |
| Q2 2024 | 157 | $943,256,633 | +$20,982,215 | -$14,806,854 | +$6,175,361 | VTI, IEFA, IWF, IJR, DGRO | 13F-HR | 02 Aug 2024, 12:02 |
| Q1 2024 | 165 | $932,543,995 | +$46,791,842 | -$3,725,934 | +$43,065,908 | VTI, IEFA, IWF, IJR, DGRO | Restatement | 15 May 2024, 16:08 |
| Q4 2023 | 162 | $860,157,818 | +$13,849,979 | -$24,781,744 | -$10,931,765 | VTI, IEFA, IWF, IJR, DGRO | 13F-HR | 14 Feb 2024, 16:10 |
| Q3 2023 | 168 | $784,783,877 | +$6,936,357 | -$2,665,573 | +$4,270,784 | VTI, IEFA, IWF, IJR, DGRO | 13F-HR | 14 Nov 2023, 17:13 |
| Q2 2023 | 167 | $810,700,781 | +$11,700,436 | -$38,084,607 | -$26,384,171 | VTI, IEFA, IWF, IJR, DGRO | 13F-HR | 07 Aug 2023, 16:06 |
| Q1 2023 | 168 | $796,794,149 | +$20,787,535 | -$4,792,887 | +$15,994,648 | VTI, IEFA, IJR, IWF, AGG | 13F-HR | 08 May 2023, 19:04 |
| Q4 2022 | 163 | $744,170,000 | +$14,334,998 | -$30,145,155 | -$15,810,157 | VTI, IEFA, IJR, IWF, AGG | 13F-HR | 02 Feb 2023, 16:37 |
| Q3 2022 | 161 | $671,291,000 | +$12,612,448 | -$8,551,681 | +$4,060,767 | VTI, IEFA, AGG, IJR, IWF | 13F-HR | 14 Nov 2022, 17:35 |
| Q2 2022 | 159 | $742,434,000 | +$76,590,810 | -$98,207,643 | -$21,616,833 | VTI, IEFA, AGG, IJR, IWF | 13F-HR | 02 Aug 2022, 16:37 |
| Q1 2022 | 171 | $904,416,000 | +$19,146,429 | -$5,020,762 | +$14,125,667 | VTI, IEFA, IWF, MTUM, IJR | 13F-HR | 09 May 2022, 16:02 |
| Q4 2021 | 170 | $945,061,000 | +$18,434,189 | -$2,030,766 | +$16,403,423 | VTI, IEFA, IWF, MTUM, IJR | 13F-HR | 10 Feb 2022, 11:51 |
| Q3 2021 | 156 | $873,944,000 | +$43,529,320 | -$20,589,140 | +$22,940,180 | VTI, IEFA, IWF, MTUM, IJR | 13F-HR | 26 Oct 2021, 14:29 |
| Q2 2021 | 155 | $855,497,000 | +$106,503,820 | -$48,993,671 | +$57,510,149 | VTI, IEFA, IWF, MTUM, IJR | 13F-HR | 20 Jul 2021, 11:46 |
| Q1 2021 | 134 | $753,350,000 | +$32,300,313 | -$4,810,185 | +$27,490,128 | VTI, IWF, MTUM, IEFA, IJR | 13F-HR | 20 Apr 2021, 14:09 |
| Q4 2020 | 125 | $688,225,000 | +$60,739,839 | -$48,930,431 | +$11,809,408 | VTI, IWF, MTUM, AGG, IEFA | 13F-HR | 28 Jan 2021, 13:30 |
| Q3 2020 | 123 | $599,122,000 | +$12,292,838 | -$1,401,653 | +$10,891,185 | VTI, AGG, IEFA, USMV, EFAV | 13F-HR | 04 Nov 2020, 16:01 |
| Q2 2020 | 121 | $557,876,000 | +$24,365,953 | -$51,577,150 | -$27,211,197 | VTI, AGG, IEFA, USMV, EFAV | 13F-HR | 12 Aug 2020, 14:32 |
| Q1 2020 | 115 | $502,273,000 | +$75,714,729 | -$80,789,191 | -$5,074,462 | VTI, AGG, USMV, EFAV, IEFA | 13F-HR | 01 May 2020, 16:23 |
| Q4 2019 | 124 | $631,875,000 | +$20,360,289 | -$12,225,568 | +$8,134,721 | VTI, IEFA, IWD, USMV, AGG | 13F-HR | 10 Feb 2020, 13:32 |
| Q3 2019 | 118 | $584,991,000 | +$56,550,948 | -$52,569,536 | +$3,981,412 | VTI, IEFA, IWD, USMV, AGG | 13F-HR | 05 Nov 2019, 11:48 |
| Q2 2019 | 117 | $575,588,000 | +$8,651,966 | -$11,554,666 | -$2,902,700 | VTI, IEFA, IWD, AGG, IJR | 13F-HR | 24 Jul 2019, 16:57 |
| Q1 2019 | 105 | $560,973,000 | +$57,968,195 | -$141,501,324 | -$83,533,129 | VTI, IEFA, IWD, AGG, IJR | 13F-HR | 03 May 2019, 11:37 |
| Q4 2018 | 154 | $587,778,000 | +$106,998,028 | -$74,918,704 | +$32,079,324 | VTI, IEFA, IWF, AGG, EFA | 13F-HR | 06 Feb 2019, 14:43 |
| Q3 2018 | 118 | $634,488,000 | +$68,635,702 | -$16,846,228 | +$51,789,474 | VTI, IWF, EFA, IEFA, AGG | 13F-HR | 01 Nov 2018, 09:34 |
| Q2 2018 | 88 | $557,785,000 | +$52,604,787 | -$38,863,424 | +$13,741,363 | VTI, EFA, IWF, AGG, IEFA | 13F-HR | 06 Aug 2018, 10:56 |
| Q1 2018 | 80 | $538,445,000 | +$52,786,475 | -$55,551,048 | -$2,764,573 | VTI, EFA, IWF, AGG, IWM | 13F-HR | 14 May 2018, 12:13 |
| Q4 2017 | 78 | $545,433,000 | +$25,796,425 | -$5,259,228 | +$20,537,197 | VTI, EFA, AGG, IWF, IWM | 13F-HR | 07 Feb 2018, 09:18 |
| Q3 2017 | 80 | $502,905,000 | +$19,949,174 | -$20,948,422 | -$999,248 | VTI, EFA, AGG, IWF, IWM | 13F-HR | 26 Oct 2017, 12:42 |
| Q2 2017 | 76 | $487,309,000 | +$34,119,754 | -$30,748,908 | +$3,370,846 | VTI, EFA, AGG, IWF, IWM | 13F-HR | 09 Aug 2017, 10:40 |
| Q1 2017 | 76 | $474,364,000 | +$97,447,240 | -$72,994,470 | +$24,452,770 | VTI, EFA, AGG, IWD, IWM | 13F-HR | 11 May 2017, 14:26 |
| Q4 2016 | 70 | $431,486,000 | +$31,899,151 | -$15,145,762 | +$16,753,389 | VTI, EFA, AGG, IWD, IWB | 13F-HR | 10 Feb 2017, 15:51 |
| Q3 2016 | 70 | $408,947,000 | +$26,281,909 | -$18,890,462 | +$7,391,447 | VTI, EFA, AGG, IWD, IWB | 13F-HR | 02 Nov 2016, 13:08 |
| Q2 2016 | 70 | $388,624,000 | +$57,854,952 | -$40,448,663 | +$17,406,289 | VTI, EFA, AGG, IWD, IWB | 13F-HR | 28 Jul 2016, 11:07 |
| Q1 2016 | 72 | $366,913,000 | +$148,431,795 | -$116,966,181 | +$31,465,614 | VTI, EFA, AGG, IUSG, IWB | 13F-HR | 10 May 2016, 16:21 |
| Q4 2015 | 55 | $334,352,000 | +$84,146,925 | -$72,912,625 | +$11,234,300 | VTI, AGG, IEFA, IWF, IWD | 13F-HR | 09 Feb 2016, 16:37 |
| Q3 2015 | 78 | $312,358,000 | +$40,609,705 | -$46,182,925 | -$5,573,220 | VTI, AGG, EFA, IWF, IWD | 13F-HR | 05 Nov 2015, 16:09 |
| Q2 2015 | 75 | $344,521,000 | +$47,054,872 | -$32,495,274 | +$14,559,598 | VTI, EFA, AGG, IWF, IWD | 13F-HR | 03 Aug 2015, 16:27 |
| Q1 2015 | 68 | $331,534,000 | +$53,843,869 | -$36,831,675 | +$17,012,194 | VTI, AGG, EFA, IWF, IWD | 13F-HR | 05 May 2015, 13:59 |
| Q4 2014 | 69 | $310,337,000 | +$49,108,841 | -$24,258,210 | +$24,850,631 | VTI, AGG, IWF, IWD, EFA | 13F-HR | 03 Feb 2015, 11:15 |
| Q3 2014 | 73 | $276,080,000 | +$15,516,459 | -$3,859,625 | +$11,656,834 | VTI, EFA, AGG, IWD, IWF | 13F-HR | 04 Nov 2014, 08:36 |
| Q2 2014 | 66 | $269,190,000 | +$22,139,174 | -$12,772,786 | +$9,366,388 | VTI, EFA, AGG, IWD, IWF | 13F-HR | 05 Aug 2014, 17:24 |
| Q1 2014 | 72 | $251,424,000 | +$38,669,758 | -$32,438,615 | +$6,231,143 | VTI, AGG, EFA, IWD, IWF | 13F-HR | 06 May 2014, 08:54 |
| Q4 2013 | 51 | $240,304,000 | $0 | $0 | $0 | VTI, EFA, IWF, IWD, AGG | 13F-HR | 31 Jan 2014, 11:20 |