First Business Financial Services Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$20.8M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$18.4M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$14.9M |
| 4 |
Schwab US Broad Market ETF
SCHB
|
+$9.79M |
| 5 |
FISV
Fiserv Inc
FISV
|
+$8.17M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$22.8M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$17.7M |
| 3 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$12M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$8.34M |
| 5 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$4.45M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 3.25% |
| 2 | Technology | 3.01% |
| 3 | Healthcare | 1.52% |
| 4 | Consumer Staples | 1.05% |
| 5 | Consumer Discretionary | 0.6% |
Similar funds
First Business Financial Services's Q4 2018 Portfolio in Review
As of Q4 2018, First Business Financial Services held 161 positions worth $588M, down 7.4% from $634M the previous quarter. Its ten largest holdings account for 73% of the portfolio.
First Business Financial Services deployed $35.3M of net new capital in Q4 2018, opening 43 new positions and adding to 59 existing holdings. Its largest new stake was iShares Core S&P Mid-Cap ETF: 570,665 shares worth $19M.
By sector, the portfolio is most concentrated in Financials at 3.2% of assets, up from 3.1% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was iShares Russell 2000 ETF, an estimated $17.7M trimmed.
- First Business Financial Services's largest Q4 2018 buy was iShares Core S&P Mid-Cap ETF: 570,665 shares worth $19M.
- First Business Financial Services added most to iShares Core S&P Small-Cap ETF in Q4 2018, an estimated $18.4M increase.
- First Business Financial Services's biggest Q4 2018 reduction was iShares Russell 2000 ETF, cutting an estimated $17.7M.
- First Business Financial Services fully exited State Street Financial Select Sector SPDR ETF in Q4 2018, selling an estimated $22.8M.
- First Business Financial Services's ten largest holdings make up 73% of its $588M portfolio in Q4 2018.
- First Business Financial Services opened 43 new positions and closed 7 in Q4 2018.
- First Business Financial Services's portfolio value fell 7.4% quarter-over-quarter to $588M.
Based on First Business Financial Services's 13F filing for Q4 2018, filed 6 Feb 2019.