First Business Financial Services, Inc. Portfolio Stock Holdings

First Business Financial Services, Inc. disclosed 192 stock positions valued at approximately $1.1 billion in its latest SEC 13F filing. The largest holdings include Vanguard Total Stock Market ET, iShares Core MSCI EAFE ETF, and iShares Russell 1000 Growth ET. The filing reflects positions held as of March 31, 2026 and was filed on May 1, 2026.

Report Period
March 31, 2026
No. of Stocks
192
Portfolio Value
$1.1B
Holdings by Sector
First Business Financial Services, Inc. Portfolio Holdings in Q1 2026

191 holdings in the latest reporting period.

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CompanySymbolSectorPortfolio %SharesChange (Shares)Change %Value
Vanguard Total Stock Market ETVTIOther22.74%797,187+8,285+1.05%$255,745,561
iShares Core MSCI EAFE ETFIEFAOther12.52%1,556,046+42,356+2.80%$140,868,844
iShares Russell 1000 Growth ETIWFOther6.95%183,308+1,234+0.68%$78,162,531
iShares Core S&P Small-Cap ETFIJROther5.54%500,941+8,230+1.67%$62,271,976
iShares Core Dividend GrowthDGROOther5.21%835,155+13,111+1.59%$58,611,178
iShares Russell 1000 Value ETFIWDOther5.06%266,206+3,783+1.44%$56,880,236
iShares Core S&P Mid-Cap ETFIJHOther4.25%707,534+10,762+1.54%$47,779,771
iShares Core US Aggregate BondAGGOther3.32%375,696-5,839-1.53%$37,295,342
State Street SPDR S&P 500 ETFSPYOther2.53%43,754-37-0.08%$28,454,976
First Business Financial ServiFBIZFinancial Services1.73%361,311--$19,485,502
JPMorgan Ultra-Short Income ETJPSTOther1.57%349,703+132,005+60.64%$17,698,469
Nvidia CorpNVDATechnology1.55%99,950+5,449+5.77%$17,431,280
Apple IncAAPLTechnology1.34%59,469+2,541+4.46%$15,092,638
Broadcom IncAVGOTechnology1.15%41,647+3,824+10.11%$12,890,163
Alphabet Inc Cap Stk Cl AGOOGLCommunication Services1.08%42,161+3,183+8.17%$12,123,817
Ciena CorpCIENTechnology1.04%30,050+3,310+12.38%$11,666,312
JPMorgan Chase & CoJPMFinancial Services0.92%35,340+3,233+10.07%$10,395,614
Quanta Services IncPWRIndustrials0.76%15,527+1,416+10.03%$8,524,634
Arista Networks IncANETOther0.72%66,173+7,132+12.08%$8,124,721
Microsoft CorpMSFTTechnology0.59%18,047+369+2.09%$6,680,458
Vanguard Short-Term InflationVTIPOther0.59%132,822+132,822+100.00%$6,634,459
Lam Research CorporationLRCXOther0.59%30,841+3,982+14.83%$6,589,488
Lilly Eli CoLLYHealthcare0.52%6,416+697+12.19%$5,901,244
iShares National Muni Bond ETFMUBOther0.50%52,980+7,850+17.39%$5,623,827
Exxon Mobil CorpXOMEnergy0.44%29,246+2,348+8.73%$4,961,876
iShares Edge MSCI USA MomentumMTUMOther0.43%20,335--$4,880,197
State Street Technology SelectXLKOther0.43%36,498--$4,850,584
CENCORA INCCORHealthcare0.43%15,341+1,599+11.64%$4,819,222
Costco Wholesale CorpCOSTConsumer Defensive0.41%4,649+441+10.48%$4,632,403
Citigroup IncCFinancial Services0.40%40,051+4,124+11.48%$4,542,184
Berkshire Hathaway Inc Class ABRK-AFinancial Services0.38%6--$4,308,840
Analog Devices IncADITechnology0.38%13,374+1,415+11.83%$4,254,804
iShares S&P 500 CoreIVVOther0.38%6,474+601+10.23%$4,228,882
Bank of America CorpBACFinancial Services0.34%77,650+6,359+8.92%$3,785,438
T Mobile US IncTMUSCommunication Services0.32%16,904+2,803+19.88%$3,550,347
General Dynamics CorpGDIndustrials0.30%9,862+1,040+11.79%$3,384,836
State Street Energy Select SecXLEOther0.30%54,244--$3,322,987
Nucor CorpNUEBasic Materials0.30%19,645+1,837+10.32%$3,321,970
Equinix IncEQIXReal Estate0.29%3,297+350+11.88%$3,231,851
Stryker CorpSYKHealthcare0.28%9,665+976+11.23%$3,175,822
Republic Services IncRSGIndustrials0.28%14,228+1,733+13.87%$3,116,217
TJX Companies IncTJXConsumer Cyclical0.28%19,471+1,531+8.53%$3,109,519
Nextera Energy IncNEEUtilities0.28%33,324+2,953+9.72%$3,095,133
Coca-Cola CoKOConsumer Defensive0.26%38,766+697+1.83%$2,948,154
Electronic Arts IncEACommunication Services0.26%14,190--$2,892,915
Expedia Group Inc NewEXPEConsumer Cyclical0.25%12,202+1,249+11.40%$2,817,320
Prudential Financial IncPRUFinancial Services0.24%28,046+2,905+11.55%$2,739,814
Intercontinental Exchange IncICEFinancial Services0.24%17,277+2,532+17.17%$2,717,327
Texas Instruments IncTXNTechnology0.23%13,596+1,261+10.22%$2,639,527
Amazon.com IncAMZNConsumer Cyclical0.23%12,366+1,537+14.19%$2,575,467
Meta Platforms IncMETACommunication Services0.22%4,321+478+12.44%$2,472,174
Cisco Systems IncCSCOTechnology0.21%31,050+729+2.40%$2,409,170
Toll Brothers IncTOLConsumer Cyclical0.21%16,983+1,874+12.40%$2,317,670
State Street Industrial SelectXLIOther0.20%14,013--$2,266,322
Lowe's Companies IncLOWConsumer Cyclical0.20%9,355+995+11.90%$2,210,399
Darden Restaurants IncDRIConsumer Cyclical0.19%10,684+1,148+12.04%$2,094,491
Oshkosh CorporationOSKIndustrials0.18%14,069+1,959+16.18%$2,071,097
Netflix IncNFLXCommunication Services0.18%21,126+1,237+6.22%$2,031,265
SLB LimitedSLBEnergy0.18%38,779+3,166+8.89%$1,992,853
Alphabet Inc Cap Stk Cl CGOOGCommunication Services0.18%6,884-12-0.17%$1,974,744
Kroger CoKRConsumer Defensive0.17%26,349+3,842+17.07%$1,906,614
Spdr Gold TrustGLDOther0.16%4,247-1,000-19.06%$1,827,442
Philip Morris International InPMConsumer Defensive0.15%10,458--$1,729,126
American Electric Power IncAEPUtilities0.15%13,027+1,705+15.06%$1,707,579
Abbvie Inc ComABBVHealthcare0.14%7,166+326+4.77%$1,558,533
Iqvia Holdings IncIQVHealthcare0.14%8,964+1,039+13.11%$1,528,721
iShares Russell 1000 ETFIWBOther0.13%4,244--$1,513,241
State Street Consumer Dis SeleXLYOther0.13%12,902--$1,406,060
Vanguard Small-Cap ETFVBOther0.12%5,070+31+0.62%$1,327,934
Qualcomm IncQCOMTechnology0.12%10,128+959+10.46%$1,304,284
Palantir Technologies IncPLTRTechnology0.11%8,815+699+8.61%$1,289,458
Colgate-Palmolive CoCLConsumer Defensive0.11%15,111+2,741+22.16%$1,287,911
iShares Russell 2000IWMOther0.11%4,950--$1,227,600
Corning IncGLWTechnology0.11%8,962+593+7.09%$1,218,563
Apollo Global Mgmt IncAPOFinancial Services0.11%10,902+2,266+26.24%$1,214,701
Financial Select Sector SPDR EXLFOther0.11%24,095--$1,189,570
Johnson & JohnsonJNJHealthcare0.10%4,647+12+0.26%$1,135,913
Vanguard Communication SVCS ETVOXOther0.10%6,200--$1,115,008
Wal-Mart IncWMTConsumer Defensive0.10%8,814+505+6.08%$1,095,404
ATI IncATIIndustrials0.10%7,484--$1,088,623
Merck & Co IncMRKHealthcare0.09%8,804--$1,059,033
Berkshire Hathaway INC-CL BBRK-BFinancial Services0.09%2,199+152+7.43%$1,053,761
Salesforce Inc.CRMTechnology0.09%5,309+1,014+23.61%$991,031
iShares Russell 2000 GrowthIWOOther0.09%3,132--$982,853
ASML Holding N V N Y RegistryASMLOther0.09%732--$966,848
Vanguard Mid-Cap ETFVOOther0.08%3,205+236+7.95%$920,412
iShares Russell 2000 ValueIWNOther0.08%4,604--$872,872
Nuveen ESG Large Cap ValueNULVOther0.08%18,931-254-1.32%$861,361
State Street Comm Svcs SelectXLCOther0.07%7,317--$811,163
iShares Edge MSCI Min Vol USAUSMVOther0.07%8,694--$806,282
Blackrock Inc NewBLKOther0.07%835--$803,028
Eaton Corp PLCETNOther0.07%2,173+167+8.33%$777,217
Procter & Gamble CoPGConsumer Defensive0.07%5,360-1,000-15.72%$774,198
Accenture PLCACNTechnology0.07%3,889+5+0.13%$771,150
Transdigm Group IncTDGIndustrials0.07%652--$755,642
Simplify Managed Futures ETFCTAOther0.06%24,179+24,179+100.00%$730,689
Advanced Micro Devices IncAMDTechnology0.06%3,506+360+11.44%$713,226
Ishares Silver TrustSLVOther0.06%10,330-1,900-15.54%$703,886
Mondelez Intl Inc Class AMDLZConsumer Defensive0.06%12,118--$698,482
Mastercard Inc Cl AMAFinancial Services0.06%1,382+499+56.51%$690,530