State of Wisconsin Investment Board’s First Business Financial Services FBIZ Stock Holding History

State of Wisconsin Investment Board’s Portfolio FBIZ Stock Details FBIZ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$623K	Buy	11,560 +1,984	+21%	+$110K	﹤0.01%	1881
2025 Q4	$520K	Buy	9,576 +3,761	+65%	+$197K	﹤0.01%	1939
2025 Q3	$298K	Buy	5,815 +700	+14%	+$35.8K	﹤0.01%	2110
2025 Q2	$259K	Buy	+5,115	New	+$245K	﹤0.01%	2120

Other funds holding FBIZ

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

FBFS

First Business Financial Services Madison, Wisconsin $1.29B AUM 27.28% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $116B AUM 26.37% 1-Year Est. Return

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

BFC

Banc Funds Company Chicago, Illinois $537M AUM 17.34% 1-Year Est. Return

CCM

Cutler Capital Management Worcester, Massachusetts $370M AUM 15.34% 1-Year Est. Return

State of Wisconsin Investment Board's FBIZ Position: Q1 2026 in Review

State of Wisconsin Investment Board increased its First Business Financial Services (FBIZ) stake by 21% in Q1 2026, buying an estimated $110K and bringing the position to 11,560 shares worth $623K. The position accounts for ﹤0.01% of the portfolio, ranked #1881.

State of Wisconsin Investment Board first reported a position in FBIZ in Q2 2025 and has held it in 4 quarters since. 144 funds tracked by Wall St. Rank hold FBIZ as of Q1 2026.

State of Wisconsin Investment Board held 11,560 shares of First Business Financial Services worth $623K as of Q1 2026.
State of Wisconsin Investment Board bought 1,984 First Business Financial Services shares in Q1 2026, an estimated $110K.
First Business Financial Services made up ﹤0.01% of State of Wisconsin Investment Board's portfolio in Q1 2026, its #1881 holding.
State of Wisconsin Investment Board first reported a position in First Business Financial Services in Q2 2025 and has held it in 4 quarters since.
144 funds tracked by Wall St. Rank held First Business Financial Services as of Q1 2026.

Based on State of Wisconsin Investment Board's 13F filing for Q1 2026, filed 15 May 2026.