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Portfolio (Quarterly) Guide ↗

First Business Financial Services, Inc.

· CIK 0001521951
13F Portfolio $1.1B AUM 192 positions Filed May 1, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 27 New 84 Added 11 Reduced 3 Exited
Page 7 of 10  ·  192 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 WEYS Weyco Group Inc Consumer Cyclical 14,156.0 $454K 0.04% $32.05 +12.2%
122 MCK McKesson Corp Healthcare 523.0 $453K 0.04% $865.36 -12.9%
123 AMP Ameriprise Financial Inc Financial Services 1,015.0 $451K 0.04% $444.40 -0.3%
124 AON Aon PLC Shs Cl A Financial Services 1,384.0 $447K 0.04% $322.78 -2.2%
125 AXP American Express CO Financial Services 1,472.0 $445K 0.04% $302.48 +3.9%
126 CMI Cummins Inc Industrials 824.0 $443K 0.04% $538.02 +22.4%
127 PH Parker Hannifin Corp Industrials 470.0 $421K 0.04% $895.24 -4.8%
128 VEA Vanguard FTSE Developed Market 6,562.0 $420K 0.04% +130.0 +2.0% $64.08 +12.0%
129 CAT Caterpillar Inc Industrials 589.0 $417K 0.04% -83.0 -12.3% $708.46 +24.4%
130 ACWX iShares MSCI ACWI ex US 5,905.0 $404K 0.04% $68.47 +11.9%
131 DUK Duke Energy Corp Utilities 3,073.0 $402K 0.04% $130.94 -5.9%
132 LNT Alliant Energy Corp Utilities 5,444.0 $391K 0.04% $71.76 +0.2%
133 WM Waste Mgmt Inc Del Industrials 1,659.0 $381K 0.03% $229.79 -7.4%
134 BMO Bank Of Montreal ADR Financial Services 2,785.0 $377K 0.03% +323.0 +13.1% $135.34 +19.2%
135 AMAT Applied Materials Inc Technology 1,089.0 $372K 0.03% +11.0 +1.0% $341.79 +32.2%
136 V Visa Inc Financial Services 1,227.0 $371K 0.03% $302.24 +9.0%
137 XLU State Street Utilities Select 7,904.0 $363K 0.03% $45.89 -3.3%
138 VGT Vanguard Information Technolog 519.0 $362K 0.03% $697.72 -82.7%
139 WWD Woodward Inc Industrials 1,000.0 $358K 0.03% $357.92 -2.0%
140 Thomson Reuters Corp. 3,942.0 $355K 0.03% $89.98
Page 7 of 10  ·  192 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 32.2%
Financial Services 27.5%
Communication Services 8.4%
Industrials 8.1%
Consumer Cyclical 5.8%
Consumer Defensive 5.3%
Healthcare 5.1%
Energy 2.8%
Utilities 2.7%
Real Estate 1.1%