13F-HR: First Business Financial Services, Inc. Discloses Q4 2024 Holdings

First Business Financial Services, Inc. reports its holdings for the quarter ended December 31, 2024, with a total portfolio value of $1,011,423,769.

Summary

• First Business Financial Services, Inc. filed its Form 13F holdings report for the quarter ended December 31, 2024.
• The report includes 162 holdings with a total value of $1,011,423,769.
• The filing indicates the firm's positions in a variety of stocks and ETFs.
• The largest holding is Vanguard Total Stock Market ETF with a value of $254,735,165 representing 878,973 shares.
• The second largest holding is iShares Core MSCI EAFE ETF with a value of $116,951,261 representing 1,664,076 shares.
• The third largest holding is iShares Core Dividend Growth with a value of $55,482,091 representing 904,501 shares.
• The fourth largest holding is iShares Russell 1000 Value ETF with a value of $53,216,544 representing 287,455 shares.
• The fifth largest holding is iShares Core S&P Small-Cap ETF with a value of $61,459,731 representing 533,412 shares.

Sentiment

Score: 6

Explanation: The document is a standard holdings report, so the sentiment is neutral. It provides factual information about the firm's investments.

Positives

• The filing provides a comprehensive overview of the firm's investment positions.
• The portfolio is well diversified across various sectors and asset classes.

Risks

• The report reflects holdings as of a specific date and may not represent the firm's current positions.
• Market fluctuations could impact the value of the holdings.

Industry Context

Form 13F filings are required for institutional investment managers with at least $100 million in assets under management, providing transparency into their investment strategies and holdings.

Comparison to Industry Standards

• It's difficult to compare this portfolio directly to industry standards without knowing the specific investment strategy and objectives of First Business Financial Services, Inc.
• However, the portfolio's allocation to major ETFs like Vanguard Total Stock Market ETF and iShares Core MSCI EAFE ETF is a common strategy for diversification and broad market exposure.
• Other firms with similar AUM may have different allocations based on their investment mandates.

Stakeholder Impact

• Shareholders can use this information to understand the investment strategy of First Business Financial Services, Inc.
• The holdings may influence the stock prices of the companies included in the portfolio.

Key Dates

Keywords

holdings, investment, portfolio, ETF, stocks, 13F