Cliff Asness’s First Business Financial Services FBIZ Stock Holding History

Cliff Asness’s Portfolio FBIZ Stock Details FBIZ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$8.14M	Buy	128,927 +34,300	+36%	+$1.99M	﹤0.01%	1699
2026 Q1	$5.1M	Sell	94,627 -11,324	-11%	-$629K	﹤0.01%	1734
2025 Q4	$5.75M	Buy	105,951 +22,334	+27%	+$1.17M	﹤0.01%	1491
2025 Q3	$4.29M	Buy	83,617 +58,972	+239%	+$3.02M	﹤0.01%	1545
2025 Q2	$1.25M	Buy	24,645 +15,010	+156%	+$720K	﹤0.01%	2068
2025 Q1	$454K	Buy	9,635 +4,924	+105%	+$243K	﹤0.01%	2482
2024 Q4	$218K	Buy	+4,711	New	+$221K	﹤0.01%	2639
2023 Q1	–	Sell	-21,544	Closed	-$787K	–	2192
2022 Q4	$787K	Sell	21,544 -17,366	-45%	-$639K	﹤0.01%	1639
2022 Q3	$1.26M	Buy	+38,910	New	+$1.29M	﹤0.01%	1416

Other funds holding FBIZ

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

FBFS

First Business Financial Services Madison, Wisconsin $1.29B AUM 27.28% 1-Year Est. Return

American Century Companies Kansas City, Missouri $226B AUM 44.75% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $128B AUM 35.83% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

BFC

Banc Funds Company Chicago, Illinois $605M AUM 26% 1-Year Est. Return

CCM

Cutler Capital Management Worcester, Massachusetts $385M AUM 19.11% 1-Year Est. Return

Cliff Asness's FBIZ Position: Q2 2026 in Review

Cliff Asness increased its First Business Financial Services (FBIZ) stake by 36% in Q2 2026, buying an estimated $1.99M and bringing the position to 128,927 shares worth $8.14M. The position accounts for ﹤0.01% of the portfolio, ranked #1699.

Cliff Asness first reported a position in FBIZ in Q3 2022 and has held it in 9 quarters since. 141 funds tracked by Wall St. Rank hold FBIZ as of Q2 2026.

Cliff Asness held 128,927 shares of First Business Financial Services worth $8.14M as of Q2 2026.
Cliff Asness bought 34,300 First Business Financial Services shares in Q2 2026, an estimated $1.99M.
First Business Financial Services made up ﹤0.01% of Cliff Asness's portfolio in Q2 2026, its #1699 holding.
Cliff Asness first reported a position in First Business Financial Services in Q3 2022 and has held it in 9 quarters since.
141 funds tracked by Wall St. Rank held First Business Financial Services as of Q2 2026.

Based on AQR Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.