0001521951-23-000070.txt : 20230807 0001521951-23-000070.hdr.sgml : 20230807 20230807160631 ACCESSION NUMBER: 0001521951-23-000070 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230630 FILED AS OF DATE: 20230807 DATE AS OF CHANGE: 20230807 EFFECTIVENESS DATE: 20230807 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST BUSINESS FINANCIAL SERVICES, INC. CENTRAL INDEX KEY: 0001521951 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 391576570 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-15585 FILM NUMBER: 231147625 BUSINESS ADDRESS: STREET 1: 401 CHARMANY DRIVE CITY: MADISON STATE: WI ZIP: 53719 BUSINESS PHONE: 608-238-8008 MAIL ADDRESS: STREET 1: 401 CHARMANY DRIVE STREET 2: PO BOX 44961 CITY: MADISON STATE: WI ZIP: 53744 FORMER COMPANY: FORMER CONFORMED NAME: First Business Financial Services, Inc. DATE OF NAME CHANGE: 20110527 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false false false 0001521951 XXXXXXXX 06-30-2023 06-30-2023 FIRST BUSINESS FINANCIAL SERVICES, INC.

401 CHARMANY DRIVE PO Box 44961 MADISON WI 53744

13F HOLDINGS REPORT 028-15585 N BRENDAN FREEMAN 608-232-5951 BRENDAN FREEMAN MADISON WI 08-07-2023 0 167 810700781 false INFORMATION TABLE 2 information_table.xml INFORMATION TABLE AT&T IncCommon00206R10222323613996SHSOLE929604700Abbott LaboratoriesCommon002824100130344311956SHSOLE943402522Abbvie Inc ComCommon00287Y109183610013628SHSOLE1135602272Acutus MedicalCommon005111109888010000SHSOLE1000000Adobe IncCommon00724F10119833434056SHSOLE405600Advanced Micro Devices IncCommon0079031076119255372SHSOLE537200Air Prods Chems IncCommon0091581067068912360SHSOLE236000Allegheny Technologies IncCommon01741R10263359514325SHSOLE1432500Alphabet Inc Cap Stk Cl CCommon02079K1078008216620SHSOLE662000Alphabet Inc Cap Stk Cl ACommon02079K305488280240792SHSOLE406520140Altria Group IncCommon02209S1033450057616SHSOLE36307253Amazon.com IncCommon023135106187210014361SHSOLE1436100American Express COCommon0258161092839461630SHSOLE163000American Tower CorpCommon03027X1008213364235SHSOLE423500Amerisourcebergen CorpCommon03073E105223526711616SHSOLE1161600Ameriprise Financial IncCommon03076C1063630511093SHSOLE109300Amgen IncCommon03116210016245207317SHSOLE731700Analog Devices IncCommon032654105253759513026SHSOLE1302600Elevance Health INCCommon03675210318855674244SHSOLE424400Apple IncCommon0378331001052811054277SHSOLE4806506212Applied Materials IncCommon0382221053958952739SHSOLE273900Arista Networks IncCommon040413106209981112957SHSOLE1295700Automatic Data Processing IncCommon053015103204624931SHSOLE93100Bank Of America CorpCommon060505104159817655705SHSOLE5570500Barrick Gold Corp ADRCommon06790110818623011000SHSOLE1100000Berkshire Hathaway INC-CL BCommon084670702329747967SHSOLE8580109BlackRock IncCommon09247X101564661817SHSOLE81700Bristol Myers Squibb CoCommon1101221082921244568SHSOLE456800Broadcom IncCommon11135F10127428143162SHSOLE316200CSX Corp ComCommon126408103164866748348SHSOLE4834800Charles River Labs IntlCommon1598641073837061825SHSOLE182500Chevron CorpCommon1667641008857235629SHSOLE221903410Ciena CorpCommon17177930973346217262SHSOLE1726200Cisco Systems IncCommon17275R102250028448324SHSOLE4544502879Cintas CorporationCommon172908105299242602SHSOLE60200Citigroup IncCommon17296742481021217598SHSOLE174980100Coca-Cola CoCommon191216100216219935905SHSOLE12855023050Corning IncCommon21935010539966611406SHSOLE1140600Corteva Inc ComCommon22052L104135577523661SHSOLE2366100Costco Wholesale CorpCommon22160K10515359982853SHSOLE285300Cummins IncCommon231021106221625904SHSOLE90400Danaher CorpCommon235851102221040921SHSOLE92100Darden Restaurants IncCommon23719410514677988785SHSOLE878500Walt Disney CompanyCommon254687106146428116401SHSOLE1640100EOG Res IncCommon26875P10110816879452SHSOLE945200Electronic Arts IncCommon285512109170490713145SHSOLE1314500Essential Utilities, IncCommon29670G102111676227982SHSOLE2798200Exact Sciences CorpCommon30063P1052924993115SHSOLE50002615Expedia Group Inc NewCommon30212P3038393497673SHSOLE767300Exxon Mobil CorpCommon30231G102151630114138SHSOLE1225201886Meta Platforms IncCommon30303M1025131201788SHSOLE13800408Fathom Digital Mfg CorpCommon31189Y103406010000SHSOLE1000000Fidelity National InformationCommon31620M1062890355284SHSOLE135003934First Business Financial ServiCommon31939010010701774362895SHSOLE00362895Fiserv IncCommon337738108459312236410SHSOLE1185035225Arthur J. Gallagher & CoCommon3635761092801711276SHSOLE127600Generac Holdings IncCommon3687361042344321572SHSOLE157200General Dynamics CorpCommon36955010811727835451SHSOLE545100Genuine Parts CoCommon3724601052397991417SHSOLE8780539JHancock Investment Grade BondCommon41014P77133055836526SHSOLE3652600Home Depot IncCommon43707610219256576199SHSOLE58690330Illinois Tool Works IncCommon4523081098250283298SHSOLE329800Intel CorpCommon45814010067966820325SHSOLE1802002305Intercontinental Exchange IncCommon45866F104143916912727SHSOLE124770250International Business MachineCommon4592001012700292018SHSOLE16430375Invesco Qqq Tr ETFCommon46090E103242709657SHSOLE65700Intuitive Surgical IncCommon46120E6025241941533SHSOLE153300Iqvia Holdings IncCommon46266C10518255828122SHSOLE812200iShares S&P 500 CoreCommon46428720027674136209SHSOLE620900iShares Core US Aggregate BondCommon46428722644869132458082SHSOLE45808200iShares Core S&P Mid-Cap ETFCommon46428750739188269149871SHSOLE14987100iShares Russell 1000 Value ETFCommon46428759844597076282564SHSOLE28256400iShares Russell 1000 Growth ETCommon46428761458345040212025SHSOLE21202500iShares Russell 1000 ETFCommon46428762213595825578SHSOLE557800iShares Russell 2000 ValueCommon4642876306564104662SHSOLE466200iShares Russell 2000 GrowthCommon4642876487648643152SHSOLE315200iShares Russell 2000Common46428765511621986206SHSOLE620600iShares Core S&P Small-Cap ETFCommon46428780454660616548526SHSOLE54852600iShares MSCI ACWI ex USCommon4642882402906445905SHSOLE590500iShares Edge MSCI Min Vol USACommon46429B697119619316093SHSOLE1609300iShares Edge MSCI USA MomentumCommon46432F396294111320389SHSOLE2038900iShares Core MSCI EAFE ETFCommon46432F8421103413051634686SHSOLE163468600iShares Core Dividend GrowthCommon46434V62146389728900247SHSOLE90024700JPMorgan Chase & CoCommon46625H100414024028467SHSOLE2846700JPMorgan Ultra-Short Income ETCommon46641Q83710610978211627SHSOLE21162700Johnson & JohnsonCommon478160104172736710436SHSOLE1043600Kimberly-Clark CorpCommon4943681032634181908SHSOLE190800Kroger CoCommon501044101111648523755SHSOLE2375500Lam Research CorporationCommon51280710818032222805SHSOLE280500Lilly Eli CoCommon53245710828213846016SHSOLE601600Lowe's Companies IncCommon54866110717015527539SHSOLE753900MGE Energy IncCommon55277P1045698297203SHSOLE485802345Mastercard Inc Cl ACommon57636Q1046127611558SHSOLE155800McDonald's CorpCommon58013510121228897114SHSOLE65180596McKesson CorpCommon58155Q103217073508SHSOLE50800Merck & Co IncCommon58933Y10511271309768SHSOLE93050463Microsoft CorpCommon594918104490173314394SHSOLE1240101993Microchip Technology IncCommon5950171043356043746SHSOLE374600Mondelez Intl Inc Class ACommon60920710594172812911SHSOLE1747011164Nextera Energy IncCommon65339F1013311554463SHSOLE114703316Nice Ltd Sponsored ADRCommon6536561085602352713SHSOLE271300Nike IncCommon6541061036185135604SHSOLE560400Nvidia CorpCommon67066G10416502013901SHSOLE390100Nuveen ESG Large Cap ValueCommon67092P30038430311091SHSOLE1109100PNC Financial Services Group ICommon6934751054360393462SHSOLE73002732Palantir Technologies IncCommon69608A10816573310811SHSOLE1081100Paychex IncCommon704326107133170011904SHSOLE1190400Paypal Hldgs IncCommon70450Y1033042894560SHSOLE456000Pepsico IncCommon713448108328450617733SHSOLE171350598Petroteq Energy Inc ADRCommon71678B10710100000SHSOLE00100000Pfizer IncCommon71708110339471310761SHSOLE104610300Philip Morris International InCommon718172109117807812068SHSOLE268009388Phillips 66Common7185461042094542196SHSOLE219600Procter & Gamble CoCommon742718109166307010960SHSOLE996001000Prudential Financial IncCommon744320102153017617345SHSOLE1734500Qualcomm IncCommon74752510310639808938SHSOLE893800Quanta Services IncCommon74762E102240376212236SHSOLE1223600Republic Services IncCommon760759100166005610838SHSOLE1083800Rockwell Automation IncCommon773903109285633867SHSOLE86700T Rowe Price Short-Term Bond ICommon77957P402687891153547SHSOLE15354700Shell Plc ADRCommon78025930584115413931SHSOLE1393100SPDR S&P 500 ETFCommon78462F1031972551744499SHSOLE4449900Spdr Gold Trust ShsCommon78463V1079804855500SHSOLE550000SPDRA S&P MidCap 400 ETFCommon78467Y1077820601633SHSOLE163300Schlumberger LtdCommon806857108157596632084SHSOLE3208400The Charles Schwab CorpCommon8085131052263803994SHSOLE399400Schwab US Large-Cap ETFCommon8085242012250864298SHSOLE429800Consumer Discr Select Sect SPDCommon81369Y4079595965651SHSOLE565100Energy Select Sector SPDR ETFCommon81369Y506231269628492SHSOLE2849200Financial Select Sector SPDR ECommon81369Y60583209824684SHSOLE2468400Industrials Select Sector SPDRCommon81369Y704150387514013SHSOLE1401300Technology Select Sector SPDRCommon81369Y803232711613385SHSOLE1338500Communication Sector Select SPCommon81369Y8524592707057SHSOLE705700Starbucks CorpCommon8552441092440842464SHSOLE246400Stryker CorpCommon86366710118555576082SHSOLE608200Synopsys IncCommon871607107205949473SHSOLE47300TJX Companies IncCommon872540109153164718064SHSOLE1806400T Mobile US IncCommon872590104183986913246SHSOLE1324600Tetra Tech Inc NewCommon88162G1037656484676SHSOLE467600Texas Instruments IncCommon882508104191433310634SHSOLE1063400Transdigm Group IncCommon893641100579422648SHSOLE64800US BancorpCommon90297330437077511222SHSOLE616905053Union Pacific CorpCommon9078181083204351566SHSOLE156600UnitedHealth Group IncCommon91324P10218932413939SHSOLE393900Valero Energy CorpCommon91913Y1002065651761SHSOLE176100Vanguard FTSE Developed MarketCommon9219438583008176514SHSOLE651400Vanguard Information TechnologCommon92204A702229481519SHSOLE51900Vanguard Communication SVCS ETCommon92204A8846591226200SHSOLE620000Vanguard Mid-Cap ETFCommon9229086299799324451SHSOLE445100Vanguard Index GrowthCommon9229087364250061502SHSOLE150200Vanguard Index ValueCommon9229087443821072689SHSOLE268900Vanguard Small-Cap ETFCommon92290875111481925773SHSOLE577300Vanguard Total Stock Market ETCommon922908769196049641890002SHSOLE89000200Verizon Communications IncCommon92343V1042114255685SHSOLE49020783Versus Capital Real Assets FunCommon92535N100224617481295SHSOLE8129500Visa IncCommon92826C83910050154232SHSOLE423200Wal-Mart IncCommon9311421033836762441SHSOLE244100Waste Mgmt Inc DelCommon94106L1092592631495SHSOLE149500Western Digital CorpCommon9581021052303876074SHSOLE607400Weyco Group IncCommon96214910029615211096SHSOLE0011096Xcel Energy Inc.Common98389B1002557054113SHSOLE39760137Amdocs Ltd ADRCommonG026021036957067038SHSOLE703800Aon PLC Shs Cl ACommonG0403H1086631291921SHSOLE192100Accenture PLCCommonG1151C1014545381473SHSOLE10730400Eaton Corp PLCCommonG291831033778671879SHSOLE187900Johnson Controls Intl, PLCCommonG51502105123428818114SHSOLE1811400TE Connectivity LtdCommonH849891044141732955SHSOLE295500