We are live on ! Find out more
FBFS

First Business Financial Services Portfolio holdings

AUM $1.12B
1-Year Est. Return 22.16%
This Fund
S&P 500
This Quarter Est. Return
+7.9%
1 Year Est. Return
+22.16%
3 Year Est. Return
+59.84%
5 Year Est. Return
+59.27%
10 Year Est. Return
+176.73%
AUM
$240M
AUM Growth
+$52.7M
Cap. Flow
+$37.6M
Cap. Flow %
15.65%
Top 10 Hldgs %
88.08%
Holding
56
New
25
Increased
16
Reduced
7
Closed
5

Top Buys

Rank Stock Value
1
VTI icon
Vanguard Total Stock Market ETF
VTI
+$17.7M
2
BND icon
Vanguard Total Bond Market
BND
+$13M
3
IWF icon
iShares Russell 1000 Growth ETF
IWF
+$7.55M
4
EFA icon
iShares MSCI EAFE ETF
EFA
+$6.63M
5
IWO icon
iShares Russell 2000 Growth ETF
IWO
+$4.1M

Top Sells

Rank Stock Value
1
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$20.1M
2
MUB icon
iShares National Muni Bond ETF
MUB
+$4.06M
3
IWN icon
iShares Russell 2000 Value ETF
IWN
+$1.77M
4
GLD icon
SPDR Gold Trust
GLD
+$306K
5
CVX icon
Chevron
CVX
+$253K

Sector Composition

Rank Sector Weight
1 Financials 4.05%
2 Consumer Staples 0.87%
3 Technology 0.41%
4 Industrials 0.36%
5 Consumer Discretionary 0.3%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VTI icon
1
Vanguard Total Stock Market ETF
VTI
$654B
$79.8M 33.23%
832,425
+192,235
+30% +$17.7M
EFA icon
2
iShares MSCI EAFE ETF
EFA
$76.4B
$28.7M 11.93%
427,435
+101,407
+31% +$6.63M
IWF icon
3
iShares Russell 1000 Growth ETF
IWF
$122B
$19.8M 8.24%
921,512
+367,884
+66% +$7.55M
IWD icon
4
iShares Russell 1000 Value ETF
IWD
$82B
$19.7M 8.21%
209,506
+37,546
+22% +$3.4M
AGG icon
5
iShares Core US Aggregate Bond ETF
AGG
$138B
$14.5M 6.03%
136,225
-188,061
-58% -$20.1M
BND icon
6
Vanguard Total Bond Market
BND
$157B
$12.9M 5.37%
+161,290
New +$13M
IWO icon
7
iShares Russell 2000 Growth ETF
IWO
$14.5B
$11.3M 4.71%
83,550
+31,669
+61% +$4.1M
IWN icon
8
iShares Russell 2000 Value ETF
IWN
$14.4B
$10.4M 4.31%
104,046
-18,532
-15% -$1.77M
FBIZ icon
9
First Business Financial Services
FBIZ
$562M
$7.78M 3.24%
413,728
+51,284
+14% +$912K
XLI icon
10
State Street Industrial Select Sector SPDR ETF
XLI
$33.9B
$6.73M 2.8%
128,857
+30,609
+31% +$1.5M
XLV icon
11
State Street Health Care Select Sector SPDR ETF
XLV
$42.1B
$6.59M 2.74%
118,932
+28,007
+31% +$1.5M
XLY icon
12
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.4B
$6.24M 2.6%
186,806
+44,506
+31% +$1.42M
SPY icon
13
State Street SPDR S&P 500 ETF Trust
SPY
$778B
$3.44M 1.43%
18,625
+2,695
+17% +$477K
PZA icon
14
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.19B
$1.17M 0.49%
+50,878
New +$1.17M
TFI icon
15
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.05B
$1.16M 0.48%
+25,798
New +$1.18M
PM icon
16
Philip Morris
PM
$301B
$995K 0.41%
11,423
+102
+0.9% +$8.91K
MUB icon
17
iShares National Muni Bond ETF
MUB
$45.1B
$954K 0.4%
9,192
-38,925
-81% -$4.06M
XLF icon
18
State Street Financial Select Sector SPDR ETF
XLF
$55.6B
$424K 0.18%
22,071
-12,362
-36% -$227K
MDLZ icon
19
Mondelez International
MDLZ
$77.7B
$394K 0.16%
11,164
-294
-3% -$9.77K
FIS icon
20
Fidelity National Information Services
FIS
$21.5B
$319K 0.13%
5,940
– –
CMCSA icon
21
Comcast
CMCSA
$79.1B
$268K 0.11%
10,302
+424
+4% +$10.2K
MO icon
22
Altria Group
MO
$122B
$259K 0.11%
6,753
-300
-4% -$11.1K
NKE icon
23
Nike
NKE
$61.9B
$256K 0.11%
6,502
+430
+7% +$16.5K
MRK icon
24
Merck
MRK
$324B
$254K 0.11%
5,325
-41
-0.8% -$1.87K
ORCL icon
25
Oracle
ORCL
$331B
$250K 0.1%
+6,539
New +$225K
1
2 3

Similar funds

EC
Estate Counselors Thiensville, Wisconsin $1.12B AUM 20.13% 1-Year Est. Return
DFCM
Dark Forest Capital Management San Juan, Puerto Rico $1.13B AUM 18.74% 1-Year Est. Return
PL
Parkwood LLC Cleveland, Ohio $1.13B AUM 32.89% 1-Year Est. Return
JAFL
Jay A. Fishman Ltd Troy, Michigan $1.12B AUM 32.75% 1-Year Est. Return
SL
Salomon & Ludwin Richmond, Virginia $1.12B AUM 14.38% 1-Year Est. Return
PTC
Private Trust Company Cleveland, Ohio $1.12B AUM 21.35% 1-Year Est. Return
IP
Indivisible Partners Clearwater, Florida $1.13B AUM
CT
Caldwell Trust Venice, Florida $1.12B AUM 21.31% 1-Year Est. Return

First Business Financial Services's Q4 2013 Portfolio in Review

As of Q4 2013, First Business Financial Services held 56 positions worth $240M, up 28% from $188M the previous quarter. Its ten largest holdings account for 88% of the portfolio.

First Business Financial Services deployed $37.6M of net new capital in Q4 2013, opening 25 new positions and adding to 16 existing holdings. Its largest new stake was Vanguard Total Bond Market: 161,290 shares worth $12.9M.

By sector, the portfolio is most concentrated in Financials at 4% of assets, up from 3.3% a quarter earlier, followed by Consumer Staples and Technology.

On the sell side, the largest reduction was iShares Core US Aggregate Bond ETF, an estimated $20.1M trimmed.

  • First Business Financial Services's largest Q4 2013 buy was Vanguard Total Bond Market: 161,290 shares worth $12.9M.
  • First Business Financial Services added most to Vanguard Total Stock Market ETF in Q4 2013, an estimated $17.7M increase.
  • First Business Financial Services's biggest Q4 2013 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $20.1M.
  • First Business Financial Services fully exited SPDR Gold Trust in Q4 2013, selling an estimated $306K.
  • First Business Financial Services's ten largest holdings make up 88% of its $240M portfolio in Q4 2013.
  • First Business Financial Services opened 25 new positions and closed 5 in Q4 2013.
  • First Business Financial Services's portfolio value rose 28% quarter-over-quarter to $240M.

Based on First Business Financial Services's 13F filing for Q4 2013, filed 31 Jan 2014.