Business First Bancshares, Inc. (BFST) Ownership

NASDAQ: BFSTTop holders, insider trades and short interest.

BFST ownership summary

as of October 17, 2026
Institutions
59.1%
of shares outstanding
Insiders
4.63%
of shares outstanding
Shares outstanding
32.5M
Float
30.9M
shares available to trade
Short interest
4.00%
1.2M shares short
Days to cover
5.92
short interest up 11.2% vs prior month
  • Institutions 59.07%
  • Insiders 4.63%
  • Other investors 36.30%

BFST top institutional holders

20 largest
Business First Bancshares, Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1BlackRock Inc8.40%2.7M$85.6M+286,027 (+11.7%)June 30, 2026
2Vanguard Capital Management, LLC4.30%1.4M$43.8M−31,450 (−2.2%)June 30, 2026
3Dimensional Fund Advisors, Inc.4.03%1.3M$41.0M+145,298 (+12.5%)June 30, 2026
4Jupiter Topco LLC3.35%1.1M$34.1M+1.1M (0.0%)June 30, 2026
5State Street Corp3.21%1.0M$32.7M+384,122 (+58.1%)June 30, 2026
6American Century Companies Inc3.15%1.0M$32.1M+135,528 (+15.2%)June 30, 2026
7HHG PLC3.04%990K$31.0M+3,540 (+0.4%)March 31, 2026
8Royce & Associates, LP2.86%932K$29.2M+95,713 (+11.4%)June 30, 2026
9Geode Capital Management, LLC2.65%863K$27.0M+53,412 (+6.6%)June 30, 2026
10Bank of New York Mellon Corp1.38%451K$14.1M+8,937 (+2.0%)June 30, 2026
11Manufacturers Life Insurance Co1.33%432K$13.5M−2,905 (−0.7%)June 30, 2026
12JPMorgan Chase & Co1.25%406K$12.7M+170,739 (+72.7%)June 30, 2026
13T. Rowe Price Investment Management,Inc.1.12%364K$11.4M+364,389 (0.0%)June 30, 2026
14Northern Trust Corp0.96%312K$9.8M+15,909 (+5.4%)June 30, 2026
15Curi Capital, LLC0.90%294K$9.2M+43,893 (+17.6%)June 30, 2026
16Mendon Capital Advisors Corp0.90%294K$9.2M+43,893 (+17.6%)June 30, 2026
17Ranger Investment Management LP0.87%284K$8.9M−36,790 (−11.5%)June 30, 2026
18Vanguard Portfolio Management, LLC0.85%278K$8.7M+32,839 (+13.4%)June 30, 2026
19Charles Schwab Investment Management Inc0.84%272K$8.5M+5,478 (+2.1%)June 30, 2026
20Banc Funds Co LLC0.72%234K$7.3M—June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 16 holders added 2.9M shares and 3 cut 71K.

BFST top mutual fund and ETF holders

20 largest
Business First Bancshares, Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1Vanguard MStar Total Stk Mkt Idx Invest3.04%990K$31.0M—August 31, 2026
2Avantis US Small Cap Value ETF2.94%956K$29.9M+840 (+0.1%)September 30, 2026
3iShares Russell 2000 ETF2.63%857K$26.8M+10,856 (+1.3%)September 30, 2026
4Janus Henderson Small Cap Value L2.53%824K$25.8M—August 31, 2026
5Fidelity Small Cap Index1.06%346K$10.8M+3,390 (+1.0%)July 31, 2026
6State Street® SPDR® S&PRgnllBkgETF0.96%313K$9.8M+9,344 (+3.1%)September 30, 2026
7iShares Russell 2000 Value ETF0.93%304K$9.5M+460 (+0.2%)September 30, 2026
8FTGF RY US SmCp Opp A USD Dis(A)0.89%288K$9.0M−10,825 (−3.6%)August 31, 2026
9Royce Small-Cap Opportunity Invmt0.88%287K$9.0M+18,384 (+6.8%)June 30, 2026
10RMB Mendon Financial Services A0.84%275K$8.6M—August 31, 2026
11DFA US Small Cap Value I0.81%264K$8.3M+27,246 (+11.5%)August 31, 2026
12JHancock Regional Bank A0.66%215K$6.7M—August 31, 2026
13T. Rowe Price Small-Cap Value0.63%205K$6.4M−1,883 (−0.9%)August 31, 2026
14Vanguard Russell 2000 ETF0.56%183K$5.7M+4,492 (+2.5%)August 31, 2026
15JH Financial Opportunities0.56%182K$5.7M—August 31, 2026
16Janus Strategic Val A USD0.55%180K$5.6M+13,895 (+8.4%)June 30, 2026
17Royce Small-Cap Fund Invmt0.54%176K$5.5M+9,923 (+6.0%)June 30, 2026
18Schwab US Small-Cap ETF™0.53%173K$5.4M+117 (+0.1%)September 30, 2026
19Janus Henderson US SM Cap Val A2 USD0.51%166K$5.2M−13,741 (−7.6%)August 31, 2026
20Dimensional US Small Cap Value ETF0.51%165K$5.2M+130 (+0.1%)September 24, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

BFST insider transactions

latest 9
Business First Bancshares, Inc. insider transactions
DateNameTransactionPriceSharesValue
2026-02-10Mark P FolseSell$29.514,854$143,242
2026-02-09Mark P FolseSell$29.755,146$153,094
2026-01-29Donald Chad CarterSell$27.273,778$103,026
2026-01-27Rick D DayBuy$27.551,500$41,325
2025-12-01Greg RobertsonSell$26.411,400$36,974
2025-10-28Rick D DayBuy$24.211,600$38,736
2025-07-31John P DucrestBuy$23.622,225$52,554
2025-06-06Rolfe H Jr. MccollisterBuy$23.40680$15,912
2025-05-29Greg RobertsonSell$23.721,086$25,760

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

BFST shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns BFST

Institutional investors own 59.1% of Business First Bancshares's shares and insiders 4.63%. The largest holder is BlackRock Inc with 8.40% of the shares (2.7M), as of June 30, 2026. Among the top 20 institutions, 16 added shares and 3 reduced their stake in the latest filings. Short interest is 4.00% of the float, or 5.92 days of average trading volume. The share count rose 394.3% since 2014.

Related: BFST analyst forecast, BFST key metrics, BFST dividend history. See the BFST stock overview for the latest quote and news.

BFST ownership FAQ

Who owns the most Business First Bancshares stock?

The largest shareholders of Business First Bancshares are BlackRock Inc (8.40%), Vanguard Capital Management, LLC (4.30%), Dimensional Fund Advisors, Inc. (4.03%), Jupiter Topco LLC (3.35%), State Street Corp (3.21%).

What percentage of Business First Bancshares is owned by institutions?

Institutions hold 59.1% of Business First Bancshares's shares outstanding; insiders hold 4.63%.

Which funds own Business First Bancshares?

The largest fund holders of Business First Bancshares are Vanguard MStar Total Stk Mkt Idx Invest (3.04%), Avantis US Small Cap Value ETF (2.94%), iShares Russell 2000 ETF (2.63%), Janus Henderson Small Cap Value L (2.53%), Fidelity Small Cap Index (1.06%).

What is Business First Bancshares's short interest?

1.2M shares of Business First Bancshares were sold short, 4.00% of the float; at the average daily volume it would take 5.92 days to cover.

Are insiders buying or selling Business First Bancshares?

Of the latest 9 reported insider transactions in Business First Bancshares (since May 29, 2025), 4 were purchases and 5 were sales.

How many shares of Business First Bancshares are outstanding?

Business First Bancshares has 32.5M shares outstanding, of which 30.9M are in the public float.

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