First Business Financial Services Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core Dividend Growth ETF
DGRO
|
+$45.7M |
| 2 |
Vanguard Real Estate ETF
VNQ
|
+$23.2M |
| 3 |
Bank of America
BAC
|
+$1.82M |
| 4 |
Prudential Financial
PRU
|
+$1.65M |
| 5 |
Adobe
ADBE
|
+$1.48M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Momentum Factor ETF
MTUM
|
+$56.1M |
| 2 |
iShares Russell 1000 Growth ETF
IWF
|
+$23.9M |
| 3 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$5.92M |
| 4 |
Allstate
ALL
|
+$1.9M |
| 5 |
KLA
KLAC
|
+$1.78M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.11% |
| 2 | Financials | 3.3% |
| 3 | Healthcare | 2.42% |
| 4 | Consumer Staples | 1.63% |
| 5 | Consumer Discretionary | 1.4% |
Similar funds
First Business Financial Services's Q2 2022 Portfolio in Review
As of Q2 2022, First Business Financial Services held 185 positions worth $742M, down 18% from $904M the previous quarter. Its ten largest holdings account for 78% of the portfolio.
First Business Financial Services withdrew a net $24.9M in Q2 2022, closing 26 positions and reducing 72 holdings. Its most notable exit was Allstate, an estimated $1.9M position sold in full.
By sector, the portfolio is most concentrated in Technology at 5.1% of assets, down from 5.3% a quarter earlier, followed by Financials and Healthcare.
Against the trend, First Business Financial Services opened a new position in iShares Core Dividend Growth ETF worth $43.2M.
- First Business Financial Services's largest Q2 2022 buy was iShares Core Dividend Growth ETF: 907,032 shares worth $43.2M.
- First Business Financial Services added most to Bank of America in Q2 2022, an estimated $1.82M increase.
- First Business Financial Services's biggest Q2 2022 reduction was iShares MSCI USA Momentum Factor ETF, cutting an estimated $56.1M.
- First Business Financial Services fully exited Allstate in Q2 2022, selling an estimated $1.9M.
- First Business Financial Services's ten largest holdings make up 78% of its $742M portfolio in Q2 2022.
- First Business Financial Services opened 14 new positions and closed 26 in Q2 2022.
- First Business Financial Services's portfolio value fell 18% quarter-over-quarter to $742M.
Based on First Business Financial Services's 13F filing for Q2 2022, filed 2 Aug 2022.