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
+3.81%
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
$310M
AUM Growth
+$34.3M
(+12%)
Cap. Flow
+$24.2M
Cap. Flow
% of AUM
7.79%
Top 10 Holdings %
Top 10 Hldgs %
89.97%
Holding
85
New
12
Increased
35
Reduced
20
Closed
16
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core US Aggregate Bond ETF
AGG
|
+$11.8M |
| 2 |
iShares Russell 1000 Growth ETF
IWF
|
+$8.76M |
| 3 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$5.03M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$4.58M |
| 5 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$4.19M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$11M |
| 2 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$6.87M |
| 3 |
iShares Russell 2000 Value ETF
IWN
|
+$1.79M |
| 4 |
KLA
KLAC
|
+$326K |
| 5 |
Oracle
ORCL
|
+$322K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 4.46% |
| 2 | Consumer Discretionary | 0.96% |
| 3 | Consumer Staples | 0.9% |
| 4 | Industrials | 0.83% |
| 5 | Technology | 0.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
iShares Core S&P 500 ETF
IVV
$881B
| – | – |
-1,427
| Closed | -$283K |
|
|
77
KLA
KLAC
$235B
| – | – |
-41,330
| Closed | -$326K |
|
|
78
Oracle
ORCL
$393B
| – | – |
-8,421
| Closed | -$322K |
|
79
Ross Stores
ROST
$81.9B
| – | – |
-8,176
| Closed | -$309K |
|
80
Sherwin-Williams
SHW
$85.2B
| – | – |
-4,074
| Closed | -$297K |
|
81
Vanguard FTSE Europe ETF
VGK
$30.8B
| – | – |
-4,119
| Closed | -$227K |
|
|
82
State Street Energy Select Sector SPDR ETF
XLE
$38.6B
| – | – |
-151,648
| Closed | -$6.87M |
|
|
NBL
83
DELISTED
Noble Energy, Inc.
NBL
| – | – |
-3,567
| Closed | -$244K |
|
|
TWX
84
DELISTED
Time Warner Inc
TWX
| – | – |
-3,826
| Closed | -$288K |
|
|
ESV
85
DELISTED
Ensco Rowan plc
ESV
| – | – |
-1,305
| Closed | -$216K |
|
Similar funds
MA
COCM
ACM
CTA
MB
MCM
GPCM
SPC
First Business Financial Services's Q4 2014 Portfolio in Review
As of Q4 2014, First Business Financial Services held 85 positions worth $310M, up 12% from $276M the previous quarter. Its ten largest holdings account for 90% of the portfolio.
First Business Financial Services deployed $24.2M of net new capital in Q4 2014, opening 12 new positions and adding to 35 existing holdings. Its largest new stake was Vanguard FTSE Emerging Markets ETF: 97,423 shares worth $3.9M.
By sector, the portfolio is most concentrated in Financials at 4.5% of assets, down from 4.8% a quarter earlier, followed by Consumer Discretionary and Consumer Staples.
On the sell side, the largest reduction was iShares MSCI EAFE ETF, an estimated $11M trimmed.
- First Business Financial Services's largest Q4 2014 buy was Vanguard FTSE Emerging Markets ETF: 97,423 shares worth $3.9M.
- First Business Financial Services added most to iShares Core US Aggregate Bond ETF in Q4 2014, an estimated $11.8M increase.
- First Business Financial Services's biggest Q4 2014 reduction was iShares MSCI EAFE ETF, cutting an estimated $11M.
- First Business Financial Services fully exited State Street Energy Select Sector SPDR ETF in Q4 2014, selling an estimated $6.87M.
- First Business Financial Services's ten largest holdings make up 90% of its $310M portfolio in Q4 2014.
- First Business Financial Services opened 12 new positions and closed 16 in Q4 2014.
- First Business Financial Services's portfolio value rose 12% quarter-over-quarter to $310M.
Based on First Business Financial Services's 13F filing for Q4 2014, filed 3 Feb 2015.