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
-19.15%
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
$502M
AUM Growth
-$130M
(-21%)
Cap. Flow
-$1.94M
Cap. Flow
% of AUM
-0.39%
Top 10 Holdings %
Top 10 Hldgs %
83.97%
Holding
132
New
8
Increased
18
Reduced
64
Closed
17
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Min Vol Factor ETF
EFAV
|
+$44.8M |
| 2 |
iShares MSCI USA Momentum Factor ETF
MTUM
|
+$19.9M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.61M |
| 4 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$6.11M |
| 5 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$2.83M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$30.1M |
| 2 |
iShares Russell 1000 Value ETF
IWD
|
+$21.2M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$19.3M |
| 4 |
Schwab US Broad Market ETF
SCHB
|
+$6.91M |
| 5 |
FISV
Fiserv Inc
FISV
|
+$3.33M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 4.4% |
| 2 | Financials | 2.35% |
| 3 | Healthcare | 1.26% |
| 4 | Consumer Staples | 1.13% |
| 5 | Consumer Discretionary | 0.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Invesco S&P 500 Equal Weight ETF
RSP
$99.1B
| – | – |
-2,106
| Closed | -$244K |
|
|
127
Schwab US Broad Market ETF
SCHB
$44.9B
| – | – |
-538,938
| Closed | -$6.91M |
|
128
TE Connectivity
TEL
$62.6B
| – | – |
-2,850
| Closed | -$273K |
|
129
Union Pacific
UNP
$174B
| – | – |
-1,344
| Closed | -$243K |
|
130
US Bancorp
USB
$99.6B
| – | – |
-4,243
| Closed | -$252K |
|
|
X
131
DELISTED
US Steel
X
| – | – |
-13,553
| Closed | -$155K |
|
|
RDS.A
132
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| – | – |
-5,286
| Closed | -$312K |
|
Similar funds
MA
COCM
ACM
CTA
MB
MCM
GPCM
SPC
First Business Financial Services's Q1 2020 Portfolio in Review
As of Q1 2020, First Business Financial Services held 132 positions worth $502M, down 21% from $632M the previous quarter. Its ten largest holdings account for 84% of the portfolio.
First Business Financial Services's Q1 2020 filing shows 8 new, 18 increased, 64 reduced and 17 closed positions. Its largest new stake was iShares MSCI EAFE Min Vol Factor ETF: 638,167 shares worth $39.6M. The largest sale was iShares MSCI EAFE ETF, an estimated $30.1M.
By sector, the portfolio is most concentrated in Technology at 4.4% of assets, down from 4.8% a quarter earlier, followed by Financials and Healthcare.
- First Business Financial Services's largest Q1 2020 buy was iShares MSCI EAFE Min Vol Factor ETF: 638,167 shares worth $39.6M.
- First Business Financial Services added most to State Street SPDR S&P 500 ETF Trust in Q1 2020, an estimated $6.61M increase.
- First Business Financial Services's biggest Q1 2020 reduction was iShares Russell 1000 Value ETF, cutting an estimated $21.2M.
- First Business Financial Services fully exited iShares MSCI EAFE ETF in Q1 2020, selling an estimated $30.1M.
- First Business Financial Services's ten largest holdings make up 84% of its $502M portfolio in Q1 2020.
- First Business Financial Services opened 8 new positions and closed 17 in Q1 2020.
- First Business Financial Services's portfolio value fell 21% quarter-over-quarter to $502M.
Based on First Business Financial Services's 13F filing for Q1 2020, filed 1 May 2020.