First Business Financial Services
MADISON, WIfiles as First Business Financial Services, Inc.
$1.3bn in 201 US stocks at the end of 30 June 2026. The top 10 are 68.7% of the money. It changed about 3.4% of the portfolio this quarter.
Value
$1.3bn
Stocks
201
Top 10 share
68.7%
Turnover
3.4%
What changed this quarter
New
Bought for the first time this quarter.
- Howmet AerospaceHWM0.2% of the fund
- Micron TechnologyMU<0.1% of the fund
- IntelINTC<0.1% of the fund
- Thomson Reuters Corp /canTRI<0.1% of the fund
- Seagate Technology HoldingsSTX<0.1% of the fund
- Taiwan Semiconductor ManufacturingTSM<0.1% of the fund
- CVS HealthCVS<0.1% of the fund
- KeycorpKEY<0.1% of the fund
- WEC Energy GroupWEC<0.1% of the fund
- Wells Fargo & CompanyWFC<0.1% of the fund
- EnbridgeENB<0.1% of the fund
- Uber TechnologiesUBER<0.1% of the fund
- Simon Property GroupSPG<0.1% of the fund
- Constellation EnergyCEG<0.1% of the fund
- Generac HoldingsGNRC<0.1% of the fund
Added
Bought more of a stock they already held.
- Ishares TRAGG3.0% of the fund+3%
- NvidiaNVDA1.6% of the fund+3%
- J P Morgan Exchange Traded FJPST1.4% of the fund+4%
- AlphabetGOOGL1.2% of the fund+3%
- Lam ResearchLRCX1.1% of the fund+5%
- JPMorgan ChaseJPM0.9% of the fund+2%
- Arista NetworksANET0.9% of the fund+4%
- Eli LillyLLY0.6% of the fund+4%
- Vanguard Malvern FDSVTIP0.6% of the fund+13%
- MicrosoftMSFT0.5% of the fund+3%
- Ishares TRIVV0.5% of the fund+33%
- Ishares TRMUB0.5% of the fund+3%
- CitigroupC0.4% of the fund+4%
- Analog DevicesADI0.4% of the fund+4%
- Bank of AmericaBAC0.4% of the fund+3%
- NucorNUE0.4% of the fund+4%
- CencoraCOR0.4% of the fund+4%
- ExxonMobil HoldingsXOM0.3% of the fund+5%
- Texas InstrumentsTXN0.3% of the fund+3%
- General DynamicsGD0.3% of the fund+4%
- Tidal Trust IIRSSB0.3% of the fund+51%
- EquinixEQIX0.3% of the fund+4%
- Expedia GroupEXPE0.3% of the fund+4%
- Coca-ColaKO0.3% of the fund+3%
- StrykerSYK0.2% of the fund+4%
Cut
Sold some of their stake.
- First Business Financial ServicesFBIZ1.7% of the fund-6%
- CienaCIEN1.1% of the fund-4%
- CorningGLW0.2% of the fund-5%
- ATIATI0.1% of the fund-4%
- Marvell TechnologyMRVL<0.1% of the fund-4%
- Vanguard Index FDSVUG<0.1% of the fund-3%
- AonAON<0.1% of the fund-10%
- BlackstoneBX<0.1% of the fund-14%
- PNC Financial Services GroupPNC<0.1% of the fund-17%
- Ishares TRIVW<0.1% of the fund-4%
- Fidelity Covington TrustFELG<0.1% of the fund-4%
- Thermo Fisher ScientificTMO<0.1% of the fund-13%
- McDonald'sMCD<0.1% of the fund-46%
- Essential UtilitiesWTRG<0.1% of the fund-58%
- ServiceNowNOW<0.1% of the fund-3%
- EOG ResourcesEOG<0.1% of the fund-16%
- AmdocsDOX<0.1% of the fund-9%
Sold out
Sold their entire stake.
- Thomson Reuters-100%
- Abrdn Silver ETF TrustSIVR-100%
- Walt DisneyDIS-100%
- ShellSHEL-100%
- Under ArmourUA-100%
- Denison MinesDNN-100%
Holdings
- Vanguard Index FDSVTI
- Share
- 22.8%
- Value
- $294m
- Shares
- 794,853
Held
- Ishares TRIEFA
- Share
- 11.7%
- Value
- $151m
- Shares
- 1,567,578
Held
- Ishares TRIWF
- Share
- 7.0%
- Value
- $91m
- Shares
- 731,884
Held
- Ishares TRIJR
- Share
- 5.8%
- Value
- $74m
- Shares
- 502,002
Held
- Ishares TRIWD
- Share
- 5.0%
- Value
- $64m
- Shares
- 265,835
Held
- Ishares TRDGRO
- Share
- 4.9%
- Value
- $64m
- Shares
- 839,061
Held
- Ishares TRIJH
- Share
- 4.3%
- Value
- $55m
- Shares
- 711,692
Held
- Ishares TRAGG
- Share
- 3.0%
- Value
- $38m
- Shares
- 388,636
+3%
- State STR Spdr S&P 500 ETF TSPY
- Share
- 2.5%
- Value
- $33m
- Shares
- 43,684
Held
- J P Morgan Exchange Traded FJPST
- Share
- 1.4%
- Value
- $18m
- Shares
- 363,803
+4%
- Vanguard Malvern FDSVTIP
- Share
- 0.6%
- Value
- $8m
- Shares
- 150,171
+13%
- Ishares TRMTUM
- Share
- 0.5%
- Value
- $7m
- Shares
- 20,335
Held
- Select Sector Spdr TRXLK
- Share
- 0.5%
- Value
- $7m
- Shares
- 36,498
Held
- Ishares TRIVV
- Share
- 0.5%
- Value
- $6m
- Shares
- 8,639
+33%
- Ishares TRMUB
- Share
- 0.5%
- Value
- $6m
- Shares
- 54,736
+3%
- Berkshire Hathaway INC DELBRK-A
- Share
- 0.3%
- Value
- $4m
- Shares
- 6
Held
- Tidal Trust IIRSSB
- Share
- 0.3%
- Value
- $4m
- Shares
- 118,108
+51%
- Electronic ArtsEA
- Share
- 0.2%
- Value
- $3m
- Shares
- 14,127
Held
- Select Sector Spdr TRXLE
- Share
- 0.2%
- Value
- $3m
- Shares
- 54,244
Held
- Select Sector Spdr TRXLI
- Share
- 0.2%
- Value
- $3m
- Shares
- 14,013
Held
- Ishares TRIWB
- Share
- 0.1%
- Value
- $2m
- Shares
- 4,244
Held
- Spdr Gold TRGLD
- Share
- 0.1%
- Value
- $2m
- Shares
- 4,247
Held
- Vanguard Index FDSVB
- Share
- 0.1%
- Value
- $2m
- Shares
- 5,070
Held
- Select Sector Spdr TRXLY
- Share
- 0.1%
- Value
- $2m
- Shares
- 12,902
Held
- Ishares TRIWM
- Share
- 0.1%
- Value
- $1m
- Shares
- 4,950
Held
- Select Sector Spdr TRXLF
- Share
- 0.1%
- Value
- $1m
- Shares
- 24,095
Held
- Ishares TRIWO
- Share
- <0.1%
- Value
- $1m
- Shares
- 3,132
Held
- Vanguard World FDVOX
- Share
- <0.1%
- Value
- $1m
- Shares
- 6,200
Held
- Vanguard Index FDSVO
- Share
- <0.1%
- Value
- $1m
- Shares
- 12,820
Held
- Ishares TRIWN
- Share
- <0.1%
- Value
- $1m
- Shares
- 4,604
Held
- Nushares ETF TRNULV
- Share
- <0.1%
- Value
- $950,110
- Shares
- 19,006
Held
- Simplify Exchange Traded FUNCTA
- Share
- <0.1%
- Value
- $929,975
- Shares
- 35,851
+48%
- Ishares TRUSMV
- Share
- <0.1%
- Value
- $838,623
- Shares
- 8,694
Held
- Select Sector Spdr TRXLC
- Share
- <0.1%
- Value
- $783,870
- Shares
- 7,317
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Vanguard Index FDSVTI | 22.8% | $294m | 794,853 | Held |
| Ishares TRIEFA | 11.7% | $151m | 1,567,578 | Held |
| Ishares TRIWF | 7.0% | $91m | 731,884 | Held |
| Ishares TRIJR | 5.8% | $74m | 502,002 | Held |
| Ishares TRIWD | 5.0% | $64m | 265,835 | Held |
| Ishares TRDGRO | 4.9% | $64m | 839,061 | Held |
| Ishares TRIJH | 4.3% | $55m | 711,692 | Held |
| Ishares TRAGG | 3.0% | $38m | 388,636 | +3% |
| State STR Spdr S&P 500 ETF TSPY | 2.5% | $33m | 43,684 | Held |
| First Business Financial ServicesFBIZ | 1.7% | $21m | 340,189 | -6% |
| NvidiaNVDA | 1.6% | $21m | 102,546 | +3% |
| J P Morgan Exchange Traded FJPST | 1.4% | $18m | 363,803 | +4% |
| AppleAAPL | 1.3% | $17m | 59,954 | Held |
| BroadcomAVGO | 1.2% | $16m | 41,248 | Held |
| AlphabetGOOGL | 1.2% | $16m | 43,589 | +3% |
| CienaCIEN | 1.1% | $14m | 28,808 | -4% |
| Lam ResearchLRCX | 1.1% | $14m | 32,515 | +5% |
| JPMorgan ChaseJPM | 0.9% | $12m | 36,121 | +2% |
| Arista NetworksANET | 0.9% | $12m | 68,750 | +4% |
| Quanta ServicesPWR | 0.9% | $11m | 15,594 | Held |
| Eli LillyLLY | 0.6% | $8m | 6,642 | +4% |
| Vanguard Malvern FDSVTIP | 0.6% | $8m | 150,171 | +13% |
| Ishares TRMTUM | 0.5% | $7m | 20,335 | Held |
| MicrosoftMSFT | 0.5% | $7m | 18,644 | +3% |
| Select Sector Spdr TRXLK | 0.5% | $7m | 36,498 | Held |
| Ishares TRIVV | 0.5% | $6m | 8,639 | +33% |
| Ishares TRMUB | 0.5% | $6m | 54,736 | +3% |
| CitigroupC | 0.4% | $6m | 41,453 | +4% |
| Analog DevicesADI | 0.4% | $6m | 13,874 | +4% |
| Bank of AmericaBAC | 0.4% | $5m | 80,030 | +3% |
| NucorNUE | 0.4% | $5m | 20,457 | +4% |
| CencoraCOR | 0.4% | $5m | 16,022 | +4% |
| Berkshire Hathaway INC DELBRK-A | 0.3% | $4m | 6 | Held |
| Costco WholesaleCOST | 0.3% | $4m | 4,723 | Held |
| ExxonMobil HoldingsXOM | 0.3% | $4m | 30,811 | +5% |
| Texas InstrumentsTXN | 0.3% | $4m | 13,969 | +3% |
| General DynamicsGD | 0.3% | $4m | 10,301 | +4% |
| Cisco SystemsCSCO | 0.3% | $4m | 31,038 | Held |
| Tidal Trust IIRSSB | 0.3% | $4m | 118,108 | +51% |
| EquinixEQIX | 0.3% | $4m | 3,418 | +4% |
| Expedia GroupEXPE | 0.3% | $3m | 12,670 | +4% |
| Coca-ColaKO | 0.3% | $3m | 39,772 | +3% |
| StrykerSYK | 0.2% | $3m | 10,025 | +4% |
| Republic ServicesRSG | 0.2% | $3m | 14,459 | Held |
| Prudential FinancialPRU | 0.2% | $3m | 28,540 | Held |
| Amazon.comAMZN | 0.2% | $3m | 12,887 | +4% |
| TJX CompaniesTJX | 0.2% | $3m | 20,159 | +4% |
| NextEra EnergyNEE | 0.2% | $3m | 34,658 | +4% |
| Toll BrothersTOL | 0.2% | $3m | 18,086 | +6% |
| T-Mobile USTMUS | 0.2% | $3m | 17,473 | +3% |
| Electronic ArtsEA | 0.2% | $3m | 14,127 | Held |
| Select Sector Spdr TRXLE | 0.2% | $3m | 54,244 | Held |
| Select Sector Spdr TRXLI | 0.2% | $3m | 14,013 | Held |
| Meta PlatformsMETA | 0.2% | $3m | 4,553 | +5% |
| AlphabetGOOG | 0.2% | $2m | 7,019 | Held |
| Darden RestaurantsDRI | 0.2% | $2m | 11,096 | +4% |
| OshkoshOSK | 0.2% | $2m | 14,778 | +5% |
| Intercontinental ExchangeICE | 0.2% | $2m | 17,807 | +3% |
| CorningGLW | 0.2% | $2m | 8,538 | -5% |
| Lowe's CompaniesLOW | 0.2% | $2m | 9,726 | +4% |
| Advanced Micro DevicesAMD | 0.2% | $2m | 3,600 | +3% |
| Howmet AerospaceHWM | 0.2% | $2m | 7,638 | New |
| QualcommQCOM | 0.2% | $2m | 10,546 | +4% |
| Philip Morris InternationalPM | 0.1% | $2m | 10,548 | Held |
| American Electric PowerAEP | 0.1% | $2m | 13,845 | +6% |
| SLB LimitedSLB | 0.1% | $2m | 40,368 | +4% |
| Iqvia HoldingsIQV | 0.1% | $2m | 9,340 | +4% |
| AbbVieABBV | 0.1% | $2m | 7,047 | Held |
| Ishares TRIWB | 0.1% | $2m | 4,244 | Held |
| NetflixNFLX | 0.1% | $2m | 22,065 | +4% |
| Spdr Gold TRGLD | 0.1% | $2m | 4,247 | Held |
| Vanguard Index FDSVB | 0.1% | $2m | 5,070 | Held |
| KrogerKR | 0.1% | $2m | 27,577 | +5% |
| Select Sector Spdr TRXLY | 0.1% | $2m | 12,902 | Held |
| Colgate-PalmoliveCL | 0.1% | $1m | 16,294 | +8% |
| Ishares TRIWM | 0.1% | $1m | 4,950 | Held |
| ASML Holding NVASML | 0.1% | $1m | 734 | Held |
| Berkshire HathawayBRK-B | 0.1% | $1m | 2,838 | +29% |
| ATIATI | 0.1% | $1m | 7,158 | -4% |
| Apollo Global ManagementAPO | 0.1% | $1m | 11,607 | +6% |
| Select Sector Spdr TRXLF | 0.1% | $1m | 24,095 | Held |
| Ishares TRIWO | <0.1% | $1m | 3,132 | Held |
| Johnson & JohnsonJNJ | <0.1% | $1m | 4,776 | +3% |
| MerckMRK | <0.1% | $1m | 9,062 | +3% |
| Vanguard World FDVOX | <0.1% | $1m | 6,200 | Held |
| WalmartWMT | <0.1% | $1m | 9,601 | +9% |
| EatonETN | <0.1% | $1m | 2,446 | +13% |
| Vanguard Index FDSVO | <0.1% | $1m | 12,820 | Held |
| Palantir TechnologiesPLTR | <0.1% | $1m | 8,758 | Held |
| Ishares TRIWN | <0.1% | $1m | 4,604 | Held |
| Nushares ETF TRNULV | <0.1% | $950,110 | 19,006 | Held |
| Simplify Exchange Traded FUNCTA | <0.1% | $929,975 | 35,851 | +48% |
| Marvell TechnologyMRVL | <0.1% | $893,968 | 3,001 | -4% |
| SalesforceCRM | <0.1% | $876,356 | 5,594 | +5% |
| TransDigm GroupTDG | <0.1% | $871,154 | 654 | Held |
| Applied MaterialsAMAT | <0.1% | $865,431 | 1,197 | +10% |
| Ishares TRUSMV | <0.1% | $838,623 | 8,694 | Held |
| BlackRockBLK | <0.1% | $804,826 | 837 | Held |
| Procter & GamblePG | <0.1% | $802,561 | 5,473 | +2% |
| Select Sector Spdr TRXLC | <0.1% | $783,870 | 7,317 | Held |
Showing the largest 100 of 201.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 16.3% since 30 June 2025.
Where the money is
Technology10.1%
Financial services4.6%
Industrials2.7%
Media & telecom2.0%
Health care1.9%
Retail & consumer1.4%
Everyday goods1.3%
Utilities0.7%
Energy0.6%
Materials0.4%
Real estate0.3%
Other74.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.