FIRST BUSINESS FINANCIAL SERVICES, INC. Diversified Active

Location: Madison, WI

CIK: 0001521951 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Oct 30, 2025

Total Value: $1.09B (100.0% shares, 0.0% debt)

Holdings (185)

VTI Vanguard Total Stock Market ET 24.3%
Value $265M Shares 807,129 Est. Cost $120.47 Unrealized
IEFA iShares Core MSCI EAFE ETF 12.2%
Value $133M Shares 1,520,975 Est. Cost $68.57 Unrealized
IWF iShares Russell 1000 Growth ET 8.1%
Value $87.95M Shares 187,768 Est. Cost $172.97 Unrealized
IJR iShares Core S&P Small-Cap ETF 5.4%
Value $59.35M Shares 499,418 Est. Cost $79.07 Unrealized
DGRO iShares Core Dividend Growth 5.1%
Value $56.1M Shares 824,026 Est. Cost $48.49 Unrealized
IWD iShares Russell 1000 Value ETF 5.0%
Value $54.04M Shares 265,429 Est. Cost $123.06 Unrealized
IJH iShares Core S&P Mid-Cap ETF 4.2%
Value $45.95M Shares 704,170 Est. Cost $82.49 Unrealized
AGG iShares Core US Aggregate Bond 3.3%
Value $36.42M Shares 363,294 Est. Cost $110.43 Unrealized
SPY SPDR S&P 500 ETF 2.7%
Value $29.17M Shares 43,791 Est. Cost $259.94 Unrealized
FBIZ First Business Financial Servi 1.8%
Value $19.18M Shares 374,233 Est. Cost $18.61 Unrealized +171.1%
NVDA Nvidia Corp 1.6%
Value $17.47M Shares 93,654 Est. Cost $102.61 Unrealized +69.9%
AAPL Apple Inc 1.3%
Value $14.38M Shares 56,477 Est. Cost $149.70 Unrealized +50.7%
AVGO Broadcom Inc 1.1%
Value $12.15M Shares 36,835 Est. Cost $151.23 Unrealized +102.2%
JPST JPMorgan Ultra-Short Income ET 0.9%
Value $10.29M Shares 202,797 Est. Cost $50.17 Unrealized
JPM JPMorgan Chase & Co 0.9%
Value $9.962M Shares 31,583 Est. Cost $118.28 Unrealized +150.2%
MSFT Microsoft Corp 0.9%
Value $9.739M Shares 18,803 Est. Cost $201.24 Unrealized +152.8%
GOOGL Alphabet Inc Cap Stk Cl A 0.9%
Value $9.329M Shares 38,376 Est. Cost $116.75 Unrealized +79.2%
ANET Arista Networks Inc 0.8%
Value $8.319M Shares 57,092 Est. Cost $102.39 Unrealized +25.8%
CAT Caterpillar Inc 0.6%
Value $6.998M Shares 14,667 Est. Cost $378.53 Unrealized +12.4%
PWR Quanta Services Inc 0.5%
Value $5.738M Shares 13,845 Est. Cost $142.28 Unrealized +173.1%
MTUM iShares Edge MSCI USA Momentum 0.5%
Value $5.215M Shares 20,335 Est. Cost $138.52 Unrealized
XLK Technology Select Sector SPDR 0.5%
Value $5.144M Shares 18,249 Est. Cost $154.93 Unrealized
MUB iShares National Muni Bond ETF 0.4%
Value $4.649M Shares 43,656 Est. Cost $106.46 Unrealized
DE Deere & Co Com 0.4%
Value $4.591M Shares 10,040 Est. Cost $413.99 Unrealized +18.3%
BRK/A Berkshire Hathaway Inc Class A 0.4%
Value $4.525M Shares 6 Est. Cost $729330.75 Unrealized -0.3%
LLY Lilly Eli Co 0.4%
Value $4.274M Shares 5,601 Est. Cost $295.66 Unrealized +151.0%
COR CENCORA INC 0.4%
Value $4.17M Shares 13,344 Est. Cost $145.91 Unrealized +101.2%
IVV iShares S&P 500 Core 0.4%
Value $3.931M Shares 5,873 Est. Cost $344.79 Unrealized
COST Costco Wholesale Corp 0.4%
Value $3.868M Shares 4,179 Est. Cost $498.00 Unrealized +92.1%
CIEN Ciena Corp 0.3%
Value $3.781M Shares 25,956 Est. Cost $52.90 Unrealized +92.5%
MGEE MGE Energy Inc 0.3%
Value $3.736M Shares 44,382 Est. Cost $90.02 Unrealized -6.1%
BAC Bank of America Corp 0.3%
Value $3.593M Shares 69,648 Est. Cost $33.48 Unrealized +44.4%
C Citigroup Inc 0.3%
Value $3.544M Shares 34,915 Est. Cost $52.92 Unrealized +77.8%
LRCX Lam Research Corporation 0.3%
Value $3.51M Shares 26,211 Est. Cost $75.16 Unrealized +40.4%
TMUS T Mobile US Inc 0.3%
Value $3.274M Shares 13,679 Est. Cost $125.34 Unrealized +91.7%
SYK Stryker Corp 0.3%
Value $3.116M Shares 8,430 Est. Cost $251.98 Unrealized +52.6%
XOM Exxon Mobil Corp 0.3%
Value $2.972M Shares 26,362 Est. Cost $80.40 Unrealized +36.4%
EA Electronic Arts Inc 0.3%
Value $2.961M Shares 14,682 Est. Cost $122.93 Unrealized +34.4%
RSG Republic Services Inc 0.3%
Value $2.918M Shares 12,715 Est. Cost $115.44 Unrealized +102.1%
GD General Dynamics Corp 0.3%
Value $2.912M Shares 8,540 Est. Cost $243.64 Unrealized +28.8%
ADI Analog Devices Inc 0.3%
Value $2.856M Shares 11,623 Est. Cost $122.66 Unrealized +94.8%
TJX TJX Companies Inc 0.2%
Value $2.573M Shares 17,798 Est. Cost $73.15 Unrealized +80.8%
KO Coca-Cola Co 0.2%
Value $2.484M Shares 37,455 Est. Cost $51.31 Unrealized +32.4%
XLE Energy Select Sector SPDR ETF 0.2%
Value $2.423M Shares 27,122 Est. Cost $68.41 Unrealized
ICE Intercontinental Exchange Inc 0.2%
Value $2.415M Shares 14,332 Est. Cost $85.98 Unrealized +106.7%
AMZN Amazon.com Inc 0.2%
Value $2.4M Shares 10,929 Est. Cost $146.68 Unrealized +54.3%
NFLX Netflix Inc 0.2%
Value $2.392M Shares 1,995 Est. Cost $114.31 Unrealized +6.8%
NUE Nucor Corp 0.2%
Value $2.33M Shares 17,203 Est. Cost $117.87 Unrealized +19.2%
EXPE Expedia Group Inc New 0.2%
Value $2.269M Shares 10,616 Est. Cost $131.79 Unrealized +51.9%
NEE Nextera Energy Inc 0.2%
Value $2.231M Shares 29,560 Est. Cost $67.95 Unrealized +6.3%
EQIX Equinix Inc 0.2%
Value $2.228M Shares 2,845 Est. Cost $760.85 Unrealized +1.8%
TXN Texas Instruments Inc 0.2%
Value $2.211M Shares 12,033 Est. Cost $125.26 Unrealized +54.3%
XLI Industrials Select Sector SPDR 0.2%
Value $2.161M Shares 14,013 Est. Cost $92.01 Unrealized
CSCO Cisco Systems Inc 0.2%
Value $2.099M Shares 30,679 Est. Cost $42.49 Unrealized +58.6%
LOW Lowe's Companies Inc 0.2%
Value $2.033M Shares 8,088 Est. Cost $114.22 Unrealized +113.8%
TOL Toll Brothers Inc 0.2%
Value $2.014M Shares 14,579 Est. Cost $104.81 Unrealized +24.5%
GLD Spdr Gold Trust Shs 0.2%
Value $1.841M Shares 5,180 Est. Cost $167.43 Unrealized
PRU Prudential Financial Inc 0.2%
Value $1.78M Shares 17,155 Est. Cost $91.80 Unrealized +12.5%
GOOG Alphabet Inc Cap Stk Cl C 0.2%
Value $1.757M Shares 7,216 Est. Cost $111.79 Unrealized +87.8%
DRI Darden Restaurants Inc 0.2%
Value $1.757M Shares 9,229 Est. Cost $122.51 Unrealized +66.3%
PM Philip Morris International In 0.2%
Value $1.701M Shares 10,487 Est. Cost $56.96 Unrealized +190.0%
ABBV Abbvie Inc Com 0.2%
Value $1.685M Shares 7,278 Est. Cost $112.40 Unrealized +79.7%
IQV Iqvia Holdings Inc 0.1%
Value $1.6M Shares 8,422 Est. Cost $204.12 Unrealized -10.9%
IWB iShares Russell 1000 ETF 0.1%
Value $1.551M Shares 4,244 Est. Cost $156.60 Unrealized
EOG EOG Res Inc 0.1%
Value $1.549M Shares 13,820 Est. Cost $109.11 Unrealized +8.1%
XLY Consumer Discr Select Sect SPD 0.1%
Value $1.546M Shares 6,451 Est. Cost $69.27 Unrealized
OSK Oshkosh Corporation 0.1%
Value $1.536M Shares 11,845 Est. Cost $95.81 Unrealized +37.2%
QCOM Qualcomm Inc 0.1%
Value $1.495M Shares 8,985 Est. Cost $104.51 Unrealized +50.4%
PLTR Palantir Technologies Inc 0.1%
Value $1.481M Shares 8,116 Est. Cost $22.08 Unrealized +633.9%
KR Kroger Co 0.1%
Value $1.451M Shares 21,530 Est. Cost $31.80 Unrealized +117.2%
SLB SLB Limited 0.1%
Value $1.368M Shares 39,793 Est. Cost $41.34 Unrealized -16.9%
XLF Financial Select Sector SPDR E 0.1%
Value $1.298M Shares 24,095 Est. Cost $29.49 Unrealized
VB Vanguard Small-Cap ETF 0.1%
Value $1.281M Shares 5,039 Est. Cost $192.53 Unrealized
IWM iShares Russell 2000 0.1%
Value $1.215M Shares 5,020 Est. Cost $188.91 Unrealized
AEP American Electric Power Inc 0.1%
Value $1.192M Shares 10,599 Est. Cost $108.19 Unrealized 0.0%
AEE Ameren Corporation 0.1%
Value $1.164M Shares 11,155 Est. Cost $86.51 Unrealized +13.9%
VOX Vanguard Communication SVCS ET 0.1%
Value $1.164M Shares 6,200 Est. Cost $83.80 Unrealized
PG Procter & Gamble Co 0.1%
Value $1.129M Shares 7,345 Est. Cost $108.55 Unrealized +42.7%
APO Apollo Global Mgmt Inc 0.1%
Value $1.061M Shares 7,962 Est. Cost $131.59 Unrealized +7.0%
LNT Alliant Energy Corp 0.1%
Value $1.053M Shares 15,614 Est. Cost $57.45 Unrealized +11.2%
BRK/B Berkshire Hathaway INC-CL B 0.1%
Value $1.029M Shares 2,047 Est. Cost $368.87 Unrealized +31.3%
ACN Accenture PLC 0.1%
Value $1.028M Shares 4,167 Est. Cost $277.36 Unrealized -6.0%
IWO iShares Russell 2000 Growth 0.1%
Value $1.002M Shares 3,132 Est. Cost $132.15 Unrealized
CRM Salesforce Inc. 0.1%
Value $981K Shares 4,139 Est. Cost $266.04 Unrealized -5.5%
BLK Blackrock Inc New 0.1%
Value $969K Shares 831 Est. Cost $991.05 Unrealized +11.9%
CL Colgate-Palmolive Co 0.1%
Value $922K Shares 11,538 Est. Cost $90.04 Unrealized -6.0%
NULV Nuveen ESG Large Cap Value 0.1%
Value $920K Shares 21,003 Est. Cost $36.12 Unrealized
JNJ Johnson & Johnson 0.1%
Value $917K Shares 4,947 Est. Cost $133.82 Unrealized +26.7%
WMT Wal-Mart Inc 0.1%
Value $885K Shares 8,592 Est. Cost $51.40 Unrealized +93.0%
CVX Chevron Corp 0.1%
Value $877K Shares 5,649 Est. Cost $94.76 Unrealized +60.7%
VO Vanguard Mid-Cap ETF 0.1%
Value $872K Shares 2,969 Est. Cost $238.20 Unrealized
TDG Transdigm Group Inc 0.1%
Value $859K Shares 652 Est. Cost $320.31 Unrealized +326.1%
META Meta Platforms Inc 0.1%
Value $836K Shares 1,138 Est. Cost $357.56 Unrealized +107.9%
XLC Communication Sector Select SP 0.1%
Value $835K Shares 7,057 Est. Cost $54.21 Unrealized
USMV iShares Edge MSCI Min Vol USA 0.1%
Value $827K Shares 8,694 Est. Cost $64.22 Unrealized
IWN iShares Russell 2000 Value 0.1%
Value $814K Shares 4,604 Est. Cost $94.29 Unrealized
MDLZ Mondelez Intl Inc Class A 0.1%
Value $811K Shares 12,980 Est. Cost $31.40 Unrealized +101.9%
ITW Illinois Tool Works Inc 0.1%
Value $784K Shares 3,006 Est. Cost $197.83 Unrealized +30.1%
ETN Eaton Corp PLC 0.1%
Value $772K Shares 2,062 Est. Cost $142.59 Unrealized +154.8%
OKLO Oklo Inc. 0.1%
Value $742K Shares 6,650 Est. Cost $48.43 Unrealized +61.7%
MRK Merck & Co Inc 0.1%
Value $741K Shares 8,824 Est. Cost $68.31 Unrealized +18.6%
ABT Abbott Laboratories 0.1%
Value $729K Shares 5,443 Est. Cost $112.09 Unrealized +16.5%
HD Home Depot Inc 0.1%
Value $727K Shares 1,795 Est. Cost $178.00 Unrealized +118.6%
VUG Vanguard Index Growth 0.1%
Value $720K Shares 1,502 Est. Cost $134.49 Unrealized
ASML ASML Holding N V N Y Registry 0.1%
Value $713K Shares 737 Est. Cost $662.63 Unrealized
PEP Pepsico Inc 0.1%
Value $708K Shares 5,042 Est. Cost $124.78 Unrealized +12.5%
GLW Corning Inc 0.1%
Value $687K Shares 8,369 Est. Cost $26.80 Unrealized +142.5%
SO Southern Company 0.1%
Value $685K Shares 7,225 Est. Cost $84.70 Unrealized +8.9%
MCD McDonald's Corp 0.1%
Value $677K Shares 2,229 Est. Cost $185.36 Unrealized +62.6%
PNC PNC Financial Services Group I 0.1%
Value $671K Shares 3,341 Est. Cost $113.39 Unrealized +72.6%
PLOW Douglas Dynamics Inc 0.1%
Value $625K Shares 20,000 Est. Cost $25.32 Unrealized +23.6%
TEL TE Connectivity PLC ADR 0.1%
Value $615K Shares 2,800 Est. Cost $146.90 Unrealized +36.2%
TRI Thomson Reuters Corp. 0.1%
Value $612K Shares 3,942 Est. Cost $124.59 Unrealized +45.4%
ATI ATI Inc 0.1%
Value $609K Shares 7,484 Est. Cost $24.34 Unrealized +233.0%
TTEK Tetra Tech Inc New 0.1%
Value $586K Shares 17,555 Est. Cost $38.61 Unrealized -5.9%
AMD Advanced Micro Devices Inc 0.1%
Value $572K Shares 3,536 Est. Cost $99.18 Unrealized +62.7%
ISRG Intuitive Surgical Inc 0.1%
Value $559K Shares 1,251 Est. Cost $314.92 Unrealized +52.4%
USB US Bancorp 0.1%
Value $549K Shares 11,368 Est. Cost $39.76 Unrealized +16.6%
IBM International Business Machine 0.1%
Value $547K Shares 1,938 Est. Cost $235.53 Unrealized +10.2%
MDY SPDRA S&P MidCap 400 ETF 0.0%
Value $529K Shares 887 Est. Cost $67.03 Unrealized
SLV Ishares Silver Trust 0.0%
Value $518K Shares 12,230 Est. Cost $31.26 Unrealized
ORCL Oracle Corp 0.0%
Value $510K Shares 1,814 Est. Cost $126.97 Unrealized +100.2%
MA Mastercard Inc Cl A 0.0%
Value $503K Shares 885 Est. Cost $350.89 Unrealized +63.4%
VTV Vanguard Index Value 0.0%
Value $501K Shares 2,689 Est. Cost $101.31 Unrealized
AMP Ameriprise Financial Inc 0.0%
Value $499K Shares 1,015 Est. Cost $246.22 Unrealized +107.2%
AON Aon PLC Shs Cl A 0.0%
Value $494K Shares 1,384 Est. Cost $198.34 Unrealized +82.3%
AXP American Express CO 0.0%
Value $488K Shares 1,468 Est. Cost $152.99 Unrealized +106.9%
EFA iShares MSCI EAFE ETF 0.0%
Value $479K Shares 5,128 Est. Cost $68.92 Unrealized
MO Altria Group Inc 0.0%
Value $470K Shares 7,116 Est. Cost $26.40 Unrealized +132.6%
V Visa Inc 0.0%
Value $462K Shares 1,352 Est. Cost $234.18 Unrealized +47.4%
WEYS Weyco Group Inc 0.0%
Value $426K Shares 14,156 Est. Cost $24.74 Unrealized +24.6%
CTAS Cintas Corporation 0.0%
Value $421K Shares 2,052 Est. Cost $169.72 Unrealized +25.4%
COF Capital One Finl Corp Com 0.0%
Value $416K Shares 1,956 Est. Cost $185.05 Unrealized +17.7%
MCK McKesson Corp 0.0%
Value $404K Shares 523 Est. Cost $380.60 Unrealized +84.7%
DUK Duke Energy Corp 0.0%
Value $402K Shares 3,248 Est. Cost $108.79 Unrealized +10.1%
VEA Vanguard FTSE Developed Market 0.0%
Value $390K Shares 6,514 Est. Cost $42.77 Unrealized
WM Waste Mgmt Inc Del 0.0%
Value $388K Shares 1,759 Est. Cost $136.62 Unrealized +63.7%
VGT Vanguard Information Technolog 0.0%
Value $388K Shares 519 Est. Cost $385.47 Unrealized
ACWX iShares MSCI ACWI ex US 0.0%
Value $384K Shares 5,905 Est. Cost $44.22 Unrealized
UNP Union Pacific Corp 0.0%
Value $383K Shares 1,619 Est. Cost $166.56 Unrealized +34.0%
TTC Toro Co 0.0%
Value $381K Shares 5,000 Est. Cost $83.84 Unrealized -8.5%
SCHW The Charles Schwab Corp 0.0%
Value $375K Shares 3,931 Est. Cost $70.23 Unrealized +34.6%
NOW Servicenow Inc 0.0%
Value $371K Shares 403 Est. Cost $164.40 Unrealized +13.6%
DOX Amdocs Ltd ADR 0.0%
Value $365K Shares 4,450 Est. Cost $53.80 Unrealized +59.1%
GE GE Aerospace 0.0%
Value $359K Shares 1,192 Est. Cost $195.73 Unrealized +39.3%
PH Parker Hannifin Corp 0.0%
Value $356K Shares 470 Est. Cost $417.42 Unrealized +76.1%
CMI Cummins Inc 0.0%
Value $348K Shares 824 Est. Cost $220.78 Unrealized +72.4%
XEL Xcel Energy Inc. 0.0%
Value $348K Shares 4,312 Est. Cost $58.86 Unrealized +21.2%
XLU Utilities Select Sector SPDR E 0.0%
Value $345K Shares 3,952 Est. Cost $79.05 Unrealized
UNH UnitedHealth Group Inc 0.0%
Value $340K Shares 984 Est. Cost $251.70 Unrealized +18.8%
DIS Walt Disney Company 0.0%
Value $334K Shares 2,917 Est. Cost $108.50 Unrealized +7.8%
MS Morgan Stanley 0.0%
Value $331K Shares 2,084 Est. Cost $120.50 Unrealized +21.5%
GS Goldman Sachs Group Inc 0.0%
Value $327K Shares 411 Est. Cost $590.71 Unrealized +24.4%
HWM Howmet Aerospace Inc 0.0%
Value $327K Shares 1,666 Est. Cost $126.73 Unrealized +43.7%
BMO Bank Of Montreal ADR 0.0%
Value $325K Shares 2,492 Est. Cost $96.38 Unrealized +22.5%
IXN Ishares Tr Global Tech ETF 0.0%
Value $324K Shares 3,143 Est. Cost $68.18 Unrealized
AJG Arthur J. Gallagher & Co 0.0%
Value $321K Shares 1,037 Est. Cost $158.13 Unrealized +89.8%
ROK Rockwell Automation Inc 0.0%
Value $303K Shares 867 Est. Cost $237.86 Unrealized +44.4%
MRVL Marvell Technology Group LTD 0.0%
Value $264K Shares 3,136 Est. Cost $62.28 Unrealized +18.0%
FIS Fidelity National Information 0.0%
Value $261K Shares 3,963 Est. Cost $66.74 Unrealized +8.1%
PAVE Global X US Infr Dev ETF 0.0%
Value $257K Shares 5,401 Est. Cost $37.73 Unrealized
WWD Woodward Inc 0.0%
Value $253K Shares 1,000 Est. Cost $203.79 Unrealized +21.6%
HCA Hca Healthcare Inc Com 0.0%
Value $252K Shares 591 Est. Cost $319.37 Unrealized +21.0%
STRT STRATTEC Security Corporation 0.0%
Value $245K Shares 3,598 Est. Cost $46.21 Unrealized +45.3%
T AT&T Inc 0.0%
Value $244K Shares 8,629 Est. Cost $24.45 Unrealized +14.8%
GEV GE Vernova Inc 0.0%
Value $240K Shares 390 Est. Cost $415.97 Unrealized +45.6%
NICE Nice Ltd Sponsored ADR 0.0%
Value $235K Shares 1,625 Est. Cost $147.85 Unrealized
FELG Fidelity Enhanced Large Cap ET 0.0%
Value $234K Shares 5,700 Est. Cost $37.03 Unrealized
IVW iShares S&P 500 Growth 0.0%
Value $233K Shares 1,933 Est. Cost $110.10 Unrealized
AMAT Applied Materials Inc 0.0%
Value $228K Shares 1,114 Est. Cost $157.45 Unrealized +14.8%
NKE Nike Inc 0.0%
Value $226K Shares 3,246 Est. Cost $102.45 Unrealized -28.0%
DGRW Wisdomtree Tr US Qtly Div Grt 0.0%
Value $226K Shares 2,543 Est. Cost $83.21 Unrealized
PYPL Paypal Hldgs Inc 0.0%
Value $222K Shares 3,309 Est. Cost $130.40 Unrealized -46.1%
PSX Phillips 66 0.0%
Value $222K Shares 1,631 Est. Cost $126.39 Unrealized 0.0%
MCHP Microchip Technology Inc 0.0%
Value $216K Shares 3,362 Est. Cost $53.89 Unrealized +24.1%
MPC Marathon Petroleum Corp 0.0%
Value $215K Shares 1,116 Est. Cost $174.47 Unrealized 0.0%
TMO Thermo Fisher Scientific Inc 0.0%
Value $214K Shares 442 Est. Cost $566.44 Unrealized -17.9%
INTC Intel Corp 0.0%
Value $213K Shares 6,337 Est. Cost $21.88 Unrealized +10.7%
PPL PPL Corp 0.0%
Value $206K Shares 5,553 Est. Cost $35.43 Unrealized 0.0%
CRL Charles River Labs Intl 0.0%
Value $203K Shares 1,300 Est. Cost $158.82 Unrealized 0.0%
WFC Wells Fargo & Co 0.0%
Value $203K Shares 2,425 Est. Cost $80.47 Unrealized 0.0%
GILD Gilead Sciences Inc 0.0%
Value $200K Shares 1,806 Est. Cost $112.28 Unrealized 0.0%
ICLN iShares Global Clean Energy ET 0.0%
Value $170K Shares 11,001 Est. Cost $14.20 Unrealized
UA Under Armour Inc 0.0%
Value $48,300 Shares 10,000 Est. Cost $5.59 Unrealized 0.0%
GPRO Gopro Inc 0.0%
Value $21,200 Shares 10,000 Est. Cost $1.49 Unrealized 0.0%