Business First Bancshares, Inc.
US ˙ NasdaqGS ˙ US12326C1053

SecurityBFST / Business First Bancshares, Inc.
InstitutionLsv Asset Management
Latest Disclosed Ownership19,270 shares
Latest Disclosed Value $ 521
Lsv Asset Management ownership in BFST / Business First Bancshares, Inc.

On May 11, 2026 - Lsv Asset Management filed a 13F-HR form disclosing ownership of 19,270 shares of Business First Bancshares, Inc. (US:BFST) valued at $521,061 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 6, 2026 disclosing 19,270 shares of Business First Bancshares, Inc.. The current value of the position is $548,232 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-05-11 2026-03-31 13F Business First Bancshares COM 12326C105 19,270 0 0.00 1 0.0011
2026-02-06 2025-12-31 13F Business First Bancshares COM 12326C105 19,270 0 0.00 1 0.0011
2025-11-06 2025-09-30 13F Business First Bancshares COM 12326C105 19,270 -12,300 -38.96 0 0.0010
2025-08-11 2025-06-30 13F Business First Bancshares COM 12326C105 31,570 0 0.00 1 0.0018
2025-05-09 2025-03-31 13F Business First Bancshares COM 12326C105 31,570 -9,900 -23.87 1 -100.00 0.0018
2025-02-13 2024-12-31 13F Business First Bancshares COM 12326C105 41,470 -8,100 -16.34 1 0.00 0.0025
2024-11-12 2024-09-30 13F Business First Bancshares COM 12326C105 49,570 0 0.00 1 0.00 0.0027
2024-08-06 2024-06-30 13F Business First Bancshares COM 12326C105 49,570 2,400 5.09 1 0.00 0.0024
2024-05-06 2024-03-31 13F Business First Bancshares COM 12326C105 47,170 0 0.00 1 0.00 0.0022
2024-02-06 2023-12-31 13F Business First Bancshares COM 12326C105 47,170 0 0.00 1 0.0025
2023-11-03 2023-09-30 13F Business First Bancshares COM 12326C105 47,170 0 0.00 1 0.0021
2023-08-02 2023-06-30 13F Business First Bancshares COM 12326C105 47,170 0 0.00 1 0.0016
2023-05-02 2023-03-31 13F Business First Bancshares COM 12326C105 47,170 0 0.00 1 -100.00 0.0018
2023-02-08 2022-12-31 13F Business First Bancshares COM 12326C105 47,170 -6,800 -12.60 1 -99.91 0.0023
2022-11-07 2022-09-30 13F/A-1 Business First Bancshares COM 12326C105 53,970 -13,200 -19.65 1,162 -18.80 0.0027
2022-11-04 2022-09-30 13F Business First Bancshares COM 12326C105 67,170 0 1,431 0.0031
2022-08-10 2022-06-30 13F Business First Bancshares COM 12326C105 67,170 0 0.00 1,431 -12.42 0.0031
2022-05-12 2022-03-31 13F Business First Bancshares COM 12326C105 67,170 -1,841 -2.67 1,634 -16.38 0.0030
2022-01-28 2021-12-31 13F Business First Bancshares COM 12326C105 69,011 2,111 3.16 1,954 24.94 0.0035
2021-11-04 2021-09-30 13F Business First Bancshares COM 12326C105 66,900 27,500 69.80 1,564 73.01 0.0028
2021-08-04 2021-06-30 13F Business First Bancshares COM 12326C105 39,400 32,000 432.43 904 410.73 0.0015
2021-04-30 2021-03-31 13F Business First Bancshares COM 12326C105 7,400 0 0.00 177 18.00 0.0003
2021-02-08 2020-12-31 13F Business First Bancshares COM 12326C105 7,400 0 0.00 150 35.14 0.0003
2020-10-23 2020-09-30 13F Business First Bancshares COM 12326C105 7,400 0 0.00 111 -1.77 0.0002
2020-08-05 2020-06-30 13F Business First Bancshares COM 12326C105 7,400 7,400 113 0.0002
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.