Managers / Q2 2023 · view latest →
FIRST BUSINESS FINANCIAL SERVICES, INC.
CIK 0001521951 · 401 CHARMANY DRIVE, MADISON, WI, 53719 · 608-238-8008
Reported Value
$811M
Q2 2023
Positions
167
Filings on Record
31
2019–present window
Filed
Aug 7, 2023
original filing
Summary
First Business Financial Services, Inc. reported $811M in U.S.-listed holdings across 167 positions for Q2 2023.
The portfolio is heavily concentrated: VTI alone accounts for 24.2% of reported value.
Compared with Q1 2023, the fund opened 12 new positions and exited 13.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- ETP · 80.3% · $651M
- Common Stock · 18.5% · $150M
- Other · 0.5% · $4M
- Closed-End Fund · 0.3% · $2M
- ADR · 0.2% · $1M
- Other · 0.2% · $2M
Quarter-over-Quarter Changes full breakdown →
Holdings — Q2 2023
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $1.1B | 192 | May 1, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $1.1B | 168 | Feb 6, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $1.1B | 185 | Oct 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $1.1B | 185 | Jul 31, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $1.0B | 170 | May 2, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $1.0B | 162 | Feb 6, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $999M | 159 | Nov 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $943M | 157 | Aug 2, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $933M | 165 | May 15, 2024 | RESTATEMENT | changes · EDGAR ↗ |
| Q4 2023 | $860M | 162 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $785M | 168 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $811M | 167 | Aug 7, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $797M | 168 | May 9, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $744M | 163 | Feb 2, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $700M | 161 | Nov 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $742M | 159 | Aug 2, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $904M | 171 | May 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $945M | 170 | Feb 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $874M | 156 | Oct 26, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $855M | 155 | Jul 20, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $753M | 134 | Apr 20, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $688M | 125 | Jan 28, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $599M | 123 | Nov 4, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $558M | 121 | Aug 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $502M | 115 | May 1, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $632M | 124 | Feb 10, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $585M | 118 | Nov 5, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $576M | 117 | Jul 24, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $561M | 105 | May 3, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $588M | 154 | Feb 6, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.