13F HOLDINGS REPORT
FIRST BUSINESS FINANCIAL SERVICES, INC.
Quarter ended Q1 2024 · Filed May 6, 2024 · Accession 0001521951-24-000042
Total Value
$860.2M
Positions
162
Other Managers
0
Confidential Omitted
No
Holdings (162)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Vanguard Total Stock Market ET | 922908769 | 899,330 | $213.3M | 24.80% |
| 2 | iShares Core MSCI EAFE ETF | 46432F842 | 1,638,650 | $115.3M | 13.40% |
| 3 | iShares Russell 1000 Growth ET | 464287614 | 211,965 | $64.3M | 7.47% |
| 4 | iShares Core S&P Small-Cap ETF | 464287804 | 555,139 | $60.1M | 6.99% |
| 5 | iShares Core Dividend Growth | 46434V621 | 899,155 | $48.4M | 5.63% |
| 6 | iShares Russell 1000 Value ETF | 464287598 | 286,508 | $47.3M | 5.50% |
| 7 | iShares Core US Aggregate Bond | 464287226 | 456,548 | $45.3M | 5.27% |
| 8 | iShares Core S&P Mid-Cap ETF | 464287507 | 151,931 | $42.1M | 4.90% |
| 9 | SPDR S&P 500 ETF | SPY | 44,467 | $21.1M | 2.46% |
| 10 | First Business Financial Servi | 319390100 | 349,522 | $14.0M | 1.63% |
| 11 | JPMorgan Ultra-Short Income ET | 46641Q837 | 216,961 | $10.9M | 1.27% |
| 12 | Apple Inc | AAPL | 51,852 | $10.0M | 1.16% |
| 13 | Microsoft Corp | MSFT | 17,868 | $6.7M | 0.78% |
| 14 | JPMorgan Chase & Co | VYLD | 29,810 | $5.1M | 0.59% |
| 15 | Alphabet Inc Cap Stk Cl A | GOOG | 36,294 | $5.1M | 0.59% |
| 16 | Fiserv Inc | FISV | 36,457 | $4.8M | 0.56% |
| 17 | Broadcom Inc | AVGO | 3,752 | $4.2M | 0.49% |
| 18 | Nvidia Corp | NVDA | 6,944 | $3.4M | 0.40% |
| 19 | iShares Edge MSCI USA Momentum | 46432F396 | 20,335 | $3.2M | 0.37% |
| 20 | Lilly Eli Co | LLY | 5,302 | $3.1M | 0.36% |
| 21 | Arista Networks Inc | ANET | 13,015 | $3.1M | 0.36% |
| 22 | iShares S&P 500 Core | 464287200 | 5,873 | $2.8M | 0.33% |
| 23 | Accenture PLC | ACN | 7,410 | $2.6M | 0.30% |
| 24 | Technology Select Sector SPDR | 81369Y803 | 13,385 | $2.6M | 0.30% |
| 25 | Analog Devices Inc | ADI | 12,960 | $2.6M | 0.30% |
| 26 | Adobe Inc | ADBE | 4,170 | $2.5M | 0.29% |
| 27 | CENCORA INC | COR | 12,019 | $2.5M | 0.29% |
| 28 | Quanta Services Inc | 74762E102 | 10,910 | $2.4M | 0.27% |
| 29 | Exxon Mobil Corp | XOM | 23,197 | $2.3M | 0.27% |
| 30 | Cisco Systems Inc | CSCO | 45,318 | $2.3M | 0.27% |
| 31 | Energy Select Sector SPDR ETF | 81369Y506 | 27,122 | $2.3M | 0.26% |
| 32 | UnitedHealth Group Inc | UNH | 4,158 | $2.2M | 0.25% |
| 33 | Lam Research Corporation | LRCX | 2,779 | $2.2M | 0.25% |
| 34 | Costco Wholesale Corp | 22160K105 | 3,222 | $2.1M | 0.25% |
| 35 | T Mobile US Inc | TMUSZ | 12,936 | $2.1M | 0.24% |
| 36 | Pepsico Inc | PEP | 11,773 | $2.0M | 0.23% |
| 37 | Stryker Corp | SYK | 6,558 | $2.0M | 0.23% |
| 38 | Iqvia Holdings Inc | IQV | 8,395 | $1.9M | 0.23% |
| 39 | Citigroup Inc | C-PR | 37,353 | $1.9M | 0.22% |
| 40 | Texas Instruments Inc | 882508104 | 10,844 | $1.8M | 0.21% |
| 41 | Electronic Arts Inc | EA | 13,490 | $1.8M | 0.21% |
| 42 | Lowe's Companies Inc | 548661107 | 8,267 | $1.8M | 0.21% |
| 43 | Republic Services Inc | 760759100 | 11,116 | $1.8M | 0.21% |
| 44 | Bank Of America Corp | 060505104 | 54,226 | $1.8M | 0.21% |
| 45 | CSX Corp Com | CSX | 50,733 | $1.8M | 0.20% |
| 46 | Intercontinental Exchange Inc | 45866F104 | 13,604 | $1.7M | 0.20% |
| 47 | TJX Companies Inc | 872540109 | 18,291 | $1.7M | 0.20% |
| 48 | Prudential Financial Inc | PUKPF | 16,407 | $1.7M | 0.20% |
| 49 | Schlumberger Ltd | SLB | 32,376 | $1.7M | 0.20% |
| 50 | Industrials Select Sector SPDR | 81369Y704 | 14,013 | $1.6M | 0.19% |
| 51 | Corteva Inc Com | CTVA | 31,946 | $1.5M | 0.18% |
| 52 | Darden Restaurants Inc | DRI | 9,145 | $1.5M | 0.17% |
| 53 | Coca-Cola Co | KO | 25,380 | $1.5M | 0.17% |
| 54 | iShares Russell 1000 ETF | 464287622 | 5,578 | $1.5M | 0.17% |
| 55 | General Dynamics Corp | GD | 5,518 | $1.4M | 0.17% |
| 56 | Amazon.com Inc | AMZN | 9,205 | $1.4M | 0.16% |
| 57 | Walt Disney Company | 254687106 | 15,470 | $1.4M | 0.16% |
| 58 | Qualcomm Inc | QCOM | 9,228 | $1.3M | 0.16% |
| 59 | Amgen Inc | AMGN | 4,394 | $1.3M | 0.15% |
| 60 | Expedia Group Inc New | EXPE | 8,183 | $1.2M | 0.14% |
| 61 | iShares Edge MSCI Min Vol USA | 46429B697 | 15,793 | $1.2M | 0.14% |
| 62 | Procter & Gamble Co | 742718109 | 8,335 | $1.2M | 0.14% |
| 63 | iShares Russell 2000 | 464287655 | 5,923 | $1.2M | 0.14% |
| 64 | EOG Res Inc | EOG | 9,526 | $1.2M | 0.13% |
| 65 | Abbvie Inc Com | ABBV | 7,359 | $1.1M | 0.13% |
| 66 | Elevance Health INC | ELV | 2,390 | $1.1M | 0.13% |
| 67 | Kroger Co | KR | 24,452 | $1.1M | 0.13% |
| 68 | Vanguard Small-Cap ETF | 922908751 | 5,133 | $1.1M | 0.13% |
| 69 | Merck & Co Inc | MRK | 9,931 | $1.1M | 0.13% |
| 70 | Johnson Controls Intl, PLC | G51502105 | 18,617 | $1.1M | 0.12% |
| 71 | Alphabet Inc Cap Stk Cl C | GOOG | 7,490 | $1.1M | 0.12% |
| 72 | Philip Morris International In | 718172109 | 11,186 | $1.1M | 0.12% |
| 73 | Spdr Gold Trust Shs | GLD | 5,500 | $1.1M | 0.12% |
| 74 | Consumer Discr Select Sect SPD | 81369Y407 | 5,651 | $1.0M | 0.12% |
| 75 | Essential Utilities, Inc | 29670G102 | 26,386 | $985,517 | 0.11% |
| 76 | Intel Corp | INTC | 19,189 | $964,247 | 0.11% |
| 77 | Mondelez Intl Inc Class A | 609207105 | 13,060 | $945,936 | 0.11% |
| 78 | American Tower Corp | 03027X100 | 4,212 | $909,287 | 0.11% |
| 79 | Financial Select Sector SPDR E | 81369Y605 | 24,095 | $905,972 | 0.11% |
| 80 | Illinois Tool Works Inc | 452308109 | 3,331 | $872,522 | 0.10% |
| 81 | Johnson & Johnson | JNJ | 5,522 | $865,518 | 0.10% |
| 82 | Chevron Corp | CVX | 5,600 | $835,296 | 0.10% |
| 83 | iShares Russell 2000 Growth | 464287648 | 3,132 | $789,953 | 0.09% |
| 84 | SPDRA S&P MidCap 400 ETF | MDY | 1,551 | $786,946 | 0.09% |
| 85 | Ciena Corp | CIEN | 17,236 | $775,792 | 0.09% |
| 86 | McDonald's Corp | MCD | 2,480 | $735,345 | 0.09% |
| 87 | Vanguard Communication SVCS ET | 92204A884 | 6,200 | $729,891 | 0.08% |
| 88 | iShares Russell 2000 Value | 464287630 | 4,604 | $715,139 | 0.08% |
| 89 | Advanced Micro Devices Inc | AMD | 4,801 | $707,715 | 0.08% |
| 90 | Vanguard Mid-Cap ETF | 922908629 | 3,012 | $700,712 | 0.08% |
| 91 | BlackRock Inc | BLK | 830 | $673,794 | 0.08% |
| 92 | Home Depot Inc | HD | 1,936 | $670,921 | 0.08% |
| 93 | Tetra Tech Inc New | TTEK | 3,961 | $661,210 | 0.08% |
| 94 | Transdigm Group Inc | TDG | 652 | $659,563 | 0.08% |
| 95 | Thomson Reuters Corp. | TMSOF | 4,477 | $654,627 | 0.08% |
| 96 | Air Prods Chems Inc | AIIR | 2,370 | $648,906 | 0.08% |
| 97 | Abbott Laboratories | ABLZF | 5,718 | $629,380 | 0.07% |
| 98 | Nike Inc | NKE | 5,713 | $620,260 | 0.07% |
| 99 | Allegheny Technologies Inc | ATI | 13,455 | $611,799 | 0.07% |
| 100 | PNC Financial Services Group I | 693475105 | 3,713 | $574,958 | 0.07% |
| 101 | Amdocs Ltd ADR | DOX | 5,898 | $518,375 | 0.06% |
| 102 | Communication Sector Select SP | 81369Y852 | 7,057 | $512,762 | 0.06% |
| 103 | Intuitive Surgical Inc | ISRG | 1,495 | $504,353 | 0.06% |
| 104 | Eaton Corp PLC | ETN | 2,042 | $491,754 | 0.06% |
| 105 | Aon PLC Shs Cl A | AON | 1,632 | $474,945 | 0.06% |
| 106 | Vanguard Index Growth | 922908736 | 1,502 | $466,942 | 0.05% |
| 107 | US Bancorp | USB-PS | 10,743 | $464,957 | 0.05% |
| 108 | MGE Energy Inc | MGEE | 6,238 | $451,070 | 0.05% |
| 109 | Mastercard Inc Cl A | MA | 1,050 | $447,836 | 0.05% |
| 110 | Nice Ltd Sponsored ADR | NCSYF | 2,243 | $447,501 | 0.05% |
| 111 | Visa Inc | V | 1,656 | $431,140 | 0.05% |
| 112 | Nuveen ESG Large Cap Value | NU | 11,645 | $418,172 | 0.05% |
| 113 | TE Connectivity Ltd | TEL | 2,955 | $415,178 | 0.05% |
| 114 | Ameriprise Financial Inc | 03076C106 | 1,093 | $415,154 | 0.05% |
| 115 | Wal-Mart Inc | WMT | 2,626 | $413,989 | 0.05% |
| 116 | Berkshire Hathaway INC-CL B | BRK-A | 1,157 | $412,656 | 0.05% |
| 117 | Vanguard Index Value | 922908744 | 2,689 | $402,006 | 0.05% |
| 118 | Union Pacific Corp | UNP | 1,619 | $397,659 | 0.05% |
| 119 | iShares MSCI EAFE ETF | 464287465 | 5,128 | $386,395 | 0.04% |
| 120 | Weyco Group Inc | WEYS | 12,096 | $379,331 | 0.04% |
| 121 | Cintas Corporation | CTAS | 612 | $368,828 | 0.04% |
| 122 | Charles River Labs Intl | 159864107 | 1,505 | $355,782 | 0.04% |
| 123 | Meta Platforms Inc | META | 998 | $353,252 | 0.04% |
| 124 | Corning Inc | GLW | 11,406 | $347,313 | 0.04% |
| 125 | Microchip Technology Inc | MCHPP | 3,762 | $339,257 | 0.04% |
| 126 | Novo Nordisk A/S ADR | NONOF | 3,082 | $318,833 | 0.04% |
| 127 | Fidelity National Information | 31620M106 | 5,284 | $317,410 | 0.04% |
| 128 | Vanguard FTSE Developed Market | 921943858 | 6,528 | $312,691 | 0.04% |
| 129 | Altria Group Inc | MO | 7,616 | $307,229 | 0.04% |
| 130 | Pfizer Inc | PFE | 10,616 | $305,635 | 0.04% |
| 131 | International Business Machine | INTR | 1,843 | $301,423 | 0.04% |
| 132 | iShares MSCI ACWI ex US | 464288240 | 5,905 | $301,391 | 0.04% |
| 133 | Waste Mgmt Inc Del | 94106L109 | 1,657 | $296,769 | 0.03% |
| 134 | American Express CO | AXP | 1,566 | $293,374 | 0.03% |
| 135 | Arthur J. Gallagher & Co | 363576109 | 1,294 | $290,995 | 0.03% |
| 136 | Nextera Energy Inc | NEE-PW | 4,738 | $287,786 | 0.03% |
| 137 | The Charles Schwab Corp | SCHW-PJ | 4,041 | $278,021 | 0.03% |
| 138 | Phillips 66 | PSX | 2,081 | $277,064 | 0.03% |
| 139 | Ark Innovation | 00214Q104 | 5,224 | $273,581 | 0.03% |
| 140 | Starbucks Corp | SBUX | 2,835 | $272,188 | 0.03% |
| 141 | Rockwell Automation Inc | ROK | 867 | $269,186 | 0.03% |
| 142 | Franklin Managed Income Cl A | 353612682 | 20,812 | $258,896 | 0.03% |
| 143 | Vanguard Information Technolog | 92204A702 | 519 | $251,196 | 0.03% |
| 144 | iShares Russell Mid-Cap Value | 464287473 | 2,127 | $247,349 | 0.03% |
| 145 | Xcel Energy Inc. | XELLL | 3,987 | $246,835 | 0.03% |
| 146 | McKesson Corp | MCK | 523 | $242,139 | 0.03% |
| 147 | Paypal Hldgs Inc | PYPL | 3,849 | $236,367 | 0.03% |
| 148 | Kimberly-Clark Corp | KMB | 1,908 | $231,841 | 0.03% |
| 149 | Danaher Corp | 235851102 | 1,000 | $231,340 | 0.03% |
| 150 | Boeing Co | BA-PA | 853 | $222,343 | 0.03% |
| 151 | Cummins Inc | CMI | 904 | $216,571 | 0.03% |
| 152 | Valero Energy Corp | VLO | 1,657 | $215,410 | 0.03% |
| 153 | Ishares Tr Global Tech ETF | 464287291 | 3,143 | $214,290 | 0.02% |
| 154 | Verizon Communications Inc | VZ | 5,475 | $206,408 | 0.02% |
| 155 | Bristol Myers Squibb Co | CELG-RI | 3,998 | $205,137 | 0.02% |
| 156 | Parker Hannifin Corp | PH | 445 | $205,012 | 0.02% |
| 157 | Honeywell International Inc | 438516106 | 957 | $200,692 | 0.02% |
| 158 | Barrick Gold Corp ADR | 067901108 | 11,000 | $198,990 | 0.02% |
| 159 | Palantir Technologies Inc | PLTR | 10,811 | $185,625 | 0.02% |
| 160 | Franklin Conservative Allocati | 35472P109 | 10,093 | $133,424 | 0.02% |
| 161 | Terran Orbital Corporation | 88105P103 | 10,000 | $11,400 | 0.00% |
| 162 | Acutus Medical | 005111109 | 10,000 | $2,019 | 0.00% |