We are live on ! Find out more
FBFS

First Business Financial Services Portfolio holdings

AUM $1.29B
1-Year Est. Return 27.28%
This Fund
S&P 500
This Quarter Est. Return
+7.9%
1 Year Est. Return
+27.28%
3 Year Est. Return
+73.97%
5 Year Est. Return
+72.39%
10 Year Est. Return
+213.72%
AUM
$240M
AUM Growth
+$52.7M
Cap. Flow
+$37.6M
Cap. Flow %
15.65%
Top 10 Hldgs %
88.08%
Holding
56
New
25
Increased
16
Reduced
7
Closed
5

Top Buys

Rank Stock Value
1
VTI icon
Vanguard Morningstar Total Stock Market ETF
VTI
+$17.7M
2
BND icon
Vanguard Total Bond Market
BND
+$13M
3
IWF icon
iShares Russell 1000 Growth ETF
IWF
+$7.55M
4
EFA icon
iShares MSCI EAFE ETF
EFA
+$6.63M
5
IWO icon
iShares Russell 2000 Growth ETF
IWO
+$4.1M

Top Sells

Rank Stock Value
1
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$20.1M
2
MUB icon
iShares National Muni Bond ETF
MUB
+$4.06M
3
IWN icon
iShares Russell 2000 Value ETF
IWN
+$1.77M
4
GLD icon
SPDR Gold Trust
GLD
+$306K
5
CVX icon
Chevron
CVX
+$253K

Sector Composition

Rank Sector Weight
1 Financials 4.05%
2 Consumer Staples 0.87%
3 Technology 0.41%
4 Industrials 0.36%
5 Consumer Discretionary 0.3%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
KLAC icon
51
KLA
KLAC
$239B
$202K 0.08%
+31,280
New +$197K
CVX icon
52
Chevron
CVX
$392B
– –
-2,082
Closed -$253K
GLD icon
53
SPDR Gold Trust
GLD
$131B
– –
-2,387
Closed -$306K
INTC icon
54
Intel
INTC
$455B
– –
-8,911
Closed -$204K
MSFT icon
55
Microsoft
MSFT
$3.45T
– –
-6,614
Closed -$220K
PFE icon
56
Pfizer
PFE
$143B
– –
-8,570
Closed -$234K
1 2
3

Similar funds

MA
MONECO Advisors Fairfield, Connecticut $1.29B AUM 18.01% 1-Year Est. Return
COCM
Charter Oak Capital Management Portsmouth, New Hampshire $1.29B AUM 13.93% 1-Year Est. Return
ACM
AH Capital Management Menlo Park, California $1.29B AUM 26.81% 1-Year Est. Return
CTA
Colonial Trust Advisors Spartanburg, South Carolina $1.29B AUM 19.9% 1-Year Est. Return
MB
MPM BioImpact Boston, Massachusetts $1.29B AUM 141.72% 1-Year Est. Return
MCM
Mainstay Capital Management Grand Blanc, Michigan $1.3B AUM 37.8% 1-Year Est. Return
PWP
Private Wealth Partners Mill Valley, California $1.3B AUM 26.2% 1-Year Est. Return
GPCM
Greenbrier Partners Capital Management Dallas, Texas $1.3B AUM 21.43% 1-Year Est. Return

First Business Financial Services's Q4 2013 Portfolio in Review

As of Q4 2013, First Business Financial Services held 56 positions worth $240M, up 28% from $188M the previous quarter. Its ten largest holdings account for 88% of the portfolio.

First Business Financial Services deployed $37.6M of net new capital in Q4 2013, opening 25 new positions and adding to 16 existing holdings. Its largest new stake was Vanguard Total Bond Market: 161,290 shares worth $12.9M.

By sector, the portfolio is most concentrated in Financials at 4% of assets, up from 3.3% a quarter earlier, followed by Consumer Staples and Technology.

On the sell side, the largest reduction was iShares Core US Aggregate Bond ETF, an estimated $20.1M trimmed.

  • First Business Financial Services's largest Q4 2013 buy was Vanguard Total Bond Market: 161,290 shares worth $12.9M.
  • First Business Financial Services added most to Vanguard Morningstar Total Stock Market ETF in Q4 2013, an estimated $17.7M increase.
  • First Business Financial Services's biggest Q4 2013 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $20.1M.
  • First Business Financial Services fully exited SPDR Gold Trust in Q4 2013, selling an estimated $306K.
  • First Business Financial Services's ten largest holdings make up 88% of its $240M portfolio in Q4 2013.
  • First Business Financial Services opened 25 new positions and closed 5 in Q4 2013.
  • First Business Financial Services's portfolio value rose 28% quarter-over-quarter to $240M.

Based on First Business Financial Services's 13F filing for Q4 2013, filed 31 Jan 2014.