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
+3.9%
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
$334M
AUM Growth
+$22M
(+7%)
Cap. Flow
+$11.2M
Cap. Flow
% of AUM
3.36%
Top 10 Holdings %
Top 10 Hldgs %
82.31%
Holding
86
New
8
Increased
11
Reduced
26
Closed
31
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI EAFE ETF
IEFA
|
+$28M |
| 2 |
Vanguard Total Bond Market
BND
|
+$19.2M |
| 3 |
iShares Russell 3000 ETF
IWV
|
+$12.3M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$7.75M |
| 5 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$7.12M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$27.3M |
| 2 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$10.8M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$9.97M |
| 4 |
State Street Utilities Select Sector SPDR ETF
XLU
|
+$5.07M |
| 5 |
State Street Consumer Staples Select Sector SPDR ETF
XLP
|
+$4.89M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 3.71% |
| 2 | Consumer Staples | 0.82% |
| 3 | Consumer Discretionary | 0.66% |
| 4 | Healthcare | 0.39% |
| 5 | Energy | 0.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
GE Aerospace
GE
$383B
| $215K | 0.06% |
+1,444
| New | +$205K |
|
|
DFS
52
DELISTED
Discover Financial Services
DFS
| $211K | 0.06% |
3,933
-1,755
| -31% | -$97.4K |
|
53
Ameriprise Financial
AMP
$48.8B
| $207K | 0.06% |
1,943
-995
| -34% | -$111K |
|
|
X
54
DELISTED
US Steel
X
| $108K | 0.03% |
+13,544
| New | +$133K |
|
55
Sprott Physical Gold
PHYS
$14.6B
| $88K | 0.03% |
10,050
| – | – |
|
56
Aon
AON
$75.9B
| – | – |
-3,269
| Closed | -$290K |
|
57
Broadcom
AVGO
$1.87T
| – | – |
-39,530
| Closed | -$494K |
|
58
Alibaba
BABA
$305B
| – | – |
-5,000
| Closed | -$295K |
|
59
Franklin Resources
BEN
$17.9B
| – | – |
-6,634
| Closed | -$247K |
|
60
CF Industries
CF
$18.2B
| – | – |
-6,648
| Closed | -$299K |
|
61
C.H. Robinson
CHRW
$17.2B
| – | – |
-4,676
| Closed | -$317K |
|
62
Cummins
CMI
$89.5B
| – | – |
-2,443
| Closed | -$265K |
|
63
Elevance Health
ELV
$83B
| – | – |
-2,040
| Closed | -$286K |
|
64
Eastman Chemical
EMN
$8.23B
| – | – |
-4,283
| Closed | -$277K |
|
65
Fastenal
FAST
$55.2B
| – | – |
-31,816
| Closed | -$291K |
|
66
W.W. Grainger
GWW
$64.7B
| – | – |
-1,436
| Closed | -$309K |
|
67
Halliburton
HAL
$26.6B
| – | – |
-7,879
| Closed | -$279K |
|
68
Invesco
IVZ
$13.6B
| – | – |
-8,832
| Closed | -$276K |
|
|
JWN
69
DELISTED
Nordstrom
JWN
| – | – |
-5,504
| Closed | -$395K |
|
70
Kohl's
KSS
$2.28B
| – | – |
-6,195
| Closed | -$287K |
|
71
Lincoln National
LNC
$8.82B
| – | – |
-6,308
| Closed | -$299K |
|
72
Marriott International
MAR
$90.4B
| – | – |
-4,271
| Closed | -$291K |
|
73
PACCAR
PCAR
$69.5B
| – | – |
-7,754
| Closed | -$270K |
|
74
Qualcomm
QCOM
$159B
| – | – |
-5,501
| Closed | -$296K |
|
75
SLB Ltd
SLB
$73.2B
| – | – |
-3,761
| Closed | -$259K |
|
Similar funds
MA
COCM
ACM
CTA
MB
MCM
GPCM
SPC
First Business Financial Services's Q4 2015 Portfolio in Review
As of Q4 2015, First Business Financial Services held 86 positions worth $334M, up 7% from $312M the previous quarter. Its ten largest holdings account for 82% of the portfolio.
First Business Financial Services deployed $11.2M of net new capital in Q4 2015, opening 8 new positions and adding to 11 existing holdings. Its largest new stake was iShares Core MSCI EAFE ETF: 504,801 shares worth $27.5M.
By sector, the portfolio is most concentrated in Financials at 3.7% of assets, down from 4.5% a quarter earlier, followed by Consumer Staples and Consumer Discretionary.
On the sell side, the largest reduction was iShares MSCI EAFE ETF, an estimated $27.3M trimmed.
- First Business Financial Services's largest Q4 2015 buy was iShares Core MSCI EAFE ETF: 504,801 shares worth $27.5M.
- First Business Financial Services added most to State Street SPDR S&P 500 ETF Trust in Q4 2015, an estimated $7.75M increase.
- First Business Financial Services's biggest Q4 2015 reduction was iShares MSCI EAFE ETF, cutting an estimated $27.3M.
- First Business Financial Services fully exited State Street Utilities Select Sector SPDR ETF in Q4 2015, selling an estimated $5.07M.
- First Business Financial Services's ten largest holdings make up 82% of its $334M portfolio in Q4 2015.
- First Business Financial Services opened 8 new positions and closed 31 in Q4 2015.
- First Business Financial Services's portfolio value rose 7% quarter-over-quarter to $334M.
Based on First Business Financial Services's 13F filing for Q4 2015, filed 9 Feb 2016.