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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 1 of 2  ·  27 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 VTIP Vanguard Short-Term Inflation 132,822.0 $6.6M 0.59% NEW $49.95 +0.8%
2 RSSB Return Stacked Global Stocks & 78,208.0 $2.1M 0.19% NEW $27.21 +12.8%
3 CTA Simplify Managed Futures ETF 24,179.0 $731K 0.07% NEW $30.22 -3.3%
4 WTRG Essential Utilities, Inc Utilities 14,146.0 $570K 0.05% NEW $40.27 -7.7%
5 BX Blackstone Inc Financial Services 2,917.0 $335K 0.03% NEW $114.99 +2.6%
6 USCI United States Commodity Index Financial Services 3,477.0 $331K 0.03% NEW $95.32 +2.8%
7 PHM Pulte Group Inc Com Consumer Cyclical 2,605.0 $306K 0.03% NEW $117.61 +1.3%
8 SPDW State St SPDR Port Developed W 6,444.0 $294K 0.03% NEW $45.65 +11.4%
9 EOG EOG Res Inc Energy 1,929.0 $279K 0.03% NEW $144.57 -7.1%
10 SGOL Abrdn Physical Gold Shares ETF Financial Services 6,096.0 $272K 0.02% NEW $44.62 -5.0%
11 PSX Phillips 66 Energy 1,471.0 $268K 0.02% NEW $182.18 -4.1%
12 VZ Verizon Communications Inc Communication Services 4,520.0 $227K 0.02% NEW $50.20 -3.9%
13 SIVR Abrdn Physical Silver Shares E Financial Services 3,160.0 $226K 0.02% NEW $71.61 -0.9%
14 GEV GE Vernova Inc Utilities 257.0 $224K 0.02% NEW $872.90 +18.2%
15 NSC Norfolk Southern Corp Industrials 758.0 $218K 0.02% NEW $287.00 +13.5%
16 HLT Hilton Worldwide Hldgs Inc Consumer Cyclical 705.0 $214K 0.02% NEW $304.08 +10.8%
17 PPL PPL Corp Utilities 5,553.0 $212K 0.02% NEW $38.20 -6.2%
18 SHEL Shell Plc ADR Energy 2,257.0 $210K 0.02% NEW $93.00 -9.9%
19 MPC Marathon Petroleum Corp Energy 857.0 $209K 0.02% NEW $244.18 +1.2%
20 RDVI FT Vest Rising Dividend Target 8,052.0 $206K 0.02% NEW $25.55 +8.0%
Page 1 of 2  ·  27 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%