Fund Holdings

FIRST BUSINESS FINANCIAL SERVICES, INC.

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
JPMorgan Ultra-Short Income ET0349,703+349,703017,698,4691.57%+17,698,469
Vanguard Short-Term Inflation0132,822+132,82206,634,4590.59%+6,634,459
iShares Core MSCI EAFE ETF01,556,046+1,556,0460140,868,84412.52%+140,868,844
Ciena Corp(CIEN)030,050+30,050011,666,3121.04%+11,666,312
iShares Core S&P Small-Cap ETF0500,941+500,941062,271,9765.54%+62,271,976
Quanta Services Inc015,527+15,52708,524,6340.76%+8,524,634
Return Stacked Global Stocks &078,208+78,20802,128,0400.19%+2,128,040
Lam Research Corporation(LRCX)030,841+30,84106,589,4880.59%+6,589,488
iShares Core S&P Mid-Cap ETF0707,534+707,534047,779,7714.25%+47,779,771
Exxon Mobil Corp(XOM)029,246+29,24604,961,8760.44%+4,961,876
iShares Russell 1000 Value ETF0266,206+266,206056,880,2365.06%+56,880,236
iShares Core Dividend Growth0835,155+835,155058,611,1785.21%+58,611,178
Analog Devices Inc(ADI)013,374+13,37404,254,8040.38%+4,254,804
Costco Wholesale Corp(COST)04,649+4,64904,632,4030.41%+4,632,403
Equinix Inc(EQIX)03,297+3,29703,231,8510.29%+3,231,851
State Street Energy Select Sec054,244+54,24403,322,9870.30%+3,322,987
iShares National Muni Bond ETF052,980+52,98005,623,8270.50%+5,623,827
Simplify Managed Futures ETF024,179+24,1790730,6890.06%+730,689
T Mobile US Inc(TMUS)016,904+16,90403,550,3470.32%+3,550,347
Nextera Energy Inc(NEE)033,324+33,32403,095,1330.28%+3,095,133
SLB Limited(SLB)038,779+38,77901,992,8530.18%+1,992,853
Essential Utilities, Inc(WTRG)014,146+14,1460569,6590.05%+569,659
Oshkosh Corporation(OSK)014,069+14,06902,071,0970.18%+2,071,097
Kroger Co(KR)026,349+26,34901,906,6140.17%+1,906,614
Texas Instruments Inc(TXN)013,596+13,59602,639,5270.23%+2,639,527
Corning Inc(GLW)08,962+8,96201,218,5630.11%+1,218,563
Republic Services Inc(RSG)014,228+14,22803,116,2170.28%+3,116,217
Nucor Corp(NUE)019,645+19,64503,321,9700.30%+3,321,970
General Dynamics Corp(GD)09,862+9,86203,384,8360.30%+3,384,836
American Electric Power Inc013,027+13,02701,707,5790.15%+1,707,579
Arista Networks Inc(ANET)066,173+66,17308,124,7210.72%+8,124,721
TJX Companies Inc(TJX)019,471+19,47103,109,5190.28%+3,109,519
Citigroup Inc(C)040,051+40,05104,542,1840.40%+4,542,184
Darden Restaurants Inc(DRI)010,684+10,68402,094,4910.19%+2,094,491
Blackstone Inc(BX)02,917+2,9170335,4260.03%+335,426
United States Commodity Index(CPER)03,477+3,4770331,4180.03%+331,418
Intercontinental Exchange Inc(ICE)017,277+17,27702,717,3270.24%+2,717,327
Colgate-Palmolive Co(CL)015,111+15,11101,287,9110.11%+1,287,911
Pulte Group Inc Com(PHM)02,605+2,6050306,3740.03%+306,374
State St SPDR Port Developed W06,444+6,4440294,1690.03%+294,169
Coca-Cola Co(KO)038,766+38,76602,948,1540.26%+2,948,154
EOG Res Inc(EOG)01,929+1,9290278,8760.02%+278,876
Toll Brothers Inc(TOL)016,983+16,98302,317,6700.21%+2,317,670
Abrdn Physical Gold Shares ETF(SGOL)06,096+6,0960272,0040.02%+272,004
Phillips 66(PSX)01,471+1,4710267,9870.02%+267,987
ATI Inc(ATI)07,484+7,48401,088,6230.10%+1,088,623
Verizon Communications Inc(VZ)04,520+4,5200226,9040.02%+226,904
Abrdn Physical Silver Shares E03,160+3,1600226,2880.02%+226,288
GE Vernova Inc(GEV)0257+2570224,3350.02%+224,335
Norfolk Southern Corp(NSC)0758+7580217,5460.02%+217,546
Hilton Worldwide Hldgs Inc(HLT)0705+7050214,3760.02%+214,376
PPL Corp(PPL)05,553+5,5530212,1250.02%+212,125
Shell Plc ADR(SHEL)02,257+2,2570209,9010.02%+209,901
Marathon Petroleum Corp(MPC)0857+8570209,2620.02%+209,262
iShares S&P 500 Core06,474+6,47404,228,8820.38%+4,228,882
FT Vest Rising Dividend Target08,052+8,0520205,7290.02%+205,729
Vanguard World Mega Cap Val ET01,411+1,4110204,5240.02%+204,524
Goldman Sachs S&P 500 Premium04,076+4,0760203,9630.02%+203,963
Microchip Technology Inc(MCHP)03,136+3,1360202,6170.02%+202,617
Goldman Sachs Nasdaq-100 Premi04,071+4,0710201,4740.02%+201,474
iShares Russell Mid-Cap Value01,377+1,3770200,6840.02%+200,684
Chubb Limited Com0614+6140200,1210.02%+200,121
Lowe's Companies Inc(LOW)09,355+9,35502,210,3990.20%+2,210,399
Mastercard Inc Cl A(MA)01,382+1,3820690,5300.06%+690,530
ASML Holding N V N Y Registry0732+7320966,8480.09%+966,848
CENCORA INC015,341+15,34104,819,2220.43%+4,819,222
Johnson & Johnson(JNJ)04,647+4,64701,135,9130.10%+1,135,913
Wal-Mart Inc(WMT)08,814+8,81401,095,4040.10%+1,095,404
Netflix Inc(NFLX)021,126+21,12602,031,2650.18%+2,031,265
Chevron Corp(CVX)02,731+2,7310565,0440.05%+565,044
Eaton Corp PLC(ETN)02,173+2,1730777,2170.07%+777,217
Altria Group Inc(MO)08,306+8,3060548,1130.05%+548,113
Merck & Co Inc(MRK)08,804+8,80401,059,0330.09%+1,059,033
Stryker Corp(SYK)09,665+9,66503,175,8220.28%+3,175,822
Southern Company(SO)05,261+5,2610507,7920.05%+507,792
Cintas Corporation(CTAS)02,867+2,8670484,9240.04%+484,924
Applied Materials Inc01,089+1,0890372,2090.03%+372,209
State Street Industrial Select014,013+14,01302,266,3220.20%+2,266,322
MGE Energy Inc(MGEE)07,458+7,4580576,4290.05%+576,429
Amazon.com Inc(AMZN)012,366+12,36602,575,4670.23%+2,575,467
Cisco Systems Inc(CSCO)031,050+31,05002,409,1700.21%+2,409,170
Under Armour Inc(UA)020,000+20,0000115,8000.01%+115,800
Vanguard Mid-Cap ETF03,205+3,2050920,4120.08%+920,412
Bank Of Montreal ADR02,785+2,7850376,9220.03%+376,922
Woodward Inc(WWD)01,000+1,0000357,9200.03%+357,920
Philip Morris International In(PM)010,458+10,45801,729,1260.15%+1,729,126
JPMorgan Chase & Co(JPM)035,340+35,340010,395,6140.92%+10,395,614
Gilead Sciences Inc(GILD)01,863+1,8630259,6460.02%+259,646
Mondelez Intl Inc Class A(MDLZ)012,118+12,1180698,4820.06%+698,482
Pepsico Inc(PEP)03,809+3,8090591,5000.05%+591,500
Marvell Technology Group LTD(MRVL)03,113+3,1130308,3430.03%+308,343
Duke Energy Corp(DUK)03,073+3,0730402,3790.04%+402,379
Advanced Micro Devices Inc(AMD)03,506+3,5060713,2260.06%+713,226
iShares Russell 2000 Value04,604+4,6040872,8720.08%+872,872
Alliant Energy Corp(LNT)05,444+5,4440390,6610.03%+390,661
Denison Mines Corp.(DNN)010,000+10,000035,3000.00%+35,300
Caterpillar Inc(CAT)0589+5890417,2830.04%+417,283
Vanguard Small-Cap ETF05,070+5,07001,327,9340.12%+1,327,934
State Street Utilities Select07,904+7,9040362,7150.03%+362,715
Berkshire Hathaway INC-CL B02,199+2,19901,053,7610.09%+1,053,761
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