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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 4 of 5  ·  84 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 Berkshire Hathaway INC-CL B 2,199.0 $1.1M 0.09% +152.0 +7.4% $479.20
62 CRM Salesforce Inc. Technology 5,309.0 $991K 0.09% +1K +23.6% $186.67 -3.8%
63 VO Vanguard Mid-Cap ETF 3,205.0 $920K 0.08% +236.0 +8.0% $287.18 -72.6%
64 ETN Eaton Corp PLC Industrials 2,173.0 $777K 0.07% +167.0 +8.3% $357.67 +11.8%
65 AMD Advanced Micro Devices Inc Technology 3,506.0 $713K 0.06% +360.0 +11.4% $203.43 +151.5%
66 MA Mastercard Inc Cl A Financial Services 1,382.0 $691K 0.06% +499.0 +56.5% $499.66 -1.9%
67 VUG Vanguard Index Growth 1,550.0 $677K 0.06% +48.0 +3.2% $436.79 -79.7%
68 ISRG Intuitive Surgical Inc Healthcare 1,340.0 $618K 0.06% +100.0 +8.1% $460.99 -8.7%
69 ABT Abbott Laboratories Healthcare 5,818.0 $597K 0.05% +375.0 +6.9% $102.67 -16.6%
70 MGEE MGE Energy Inc Utilities 7,458.0 $576K 0.05% +1K +19.3% $77.29 -1.4%
71 MO Altria Group Inc Consumer Defensive 8,306.0 $548K 0.05% +1K +16.7% $65.99 +9.2%
72 SO Southern Company Utilities 5,261.0 $508K 0.04% +827.0 +18.6% $96.52 -3.5%
73 IBM International Business Machine Technology 2,004.0 $486K 0.04% +240.0 +13.6% $242.39 +9.5%
74 CTAS Cintas Corporation Industrials 2,867.0 $485K 0.04% +815.0 +39.7% $169.14 +2.4%
75 VEA Vanguard FTSE Developed Market 6,562.0 $420K 0.04% +130.0 +2.0% $64.08 +11.5%
76 BMO Bank Of Montreal ADR Financial Services 2,785.0 $377K 0.03% +323.0 +13.1% $135.34 +19.5%
77 AMAT Applied Materials Inc Technology 1,089.0 $372K 0.03% +11.0 +1.0% $341.79 +32.1%
78 PNC PNC Financial Services Group I Financial Services 1,360.0 $283K 0.03% +12.0 +0.9% $208.09 +5.9%
79 TMO Thermo Fisher Scientific Inc Healthcare 535.0 $263K 0.02% +124.0 +30.2% $491.53 -2.7%
80 GILD Gilead Sciences Inc Healthcare 1,863.0 $260K 0.02% +153.0 +8.9% $139.37 -3.3%
Page 4 of 5  ·  84 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%