New Positions
25 managers initiated
Top five by reported value
Bank First Corp NASDAQ NMS - GLOBAL MARKET:BFC
Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.
25 new39 added79 reduced12 exited
Total Institutional Holders
143
as of 2025-12-31
Top Holder
BlackRock, Inc.
$84.4M
Largest QoQ Increase
J.W. COLE ADVISORS, INC.
+52,045 sh
Largest QoQ Decrease
STATE STREET CORP
-77,834 sh
New Positions(25)
Added To(39)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| FIRST TRUST ADVISORS LP | 66,620 | +35,214 | $8.1M | +$4.3M | 112.1% |
| DIMENSIONAL FUND ADVISORS LP | 131,725 | +24,700 | $16.0M | +$3.1M | 23.1% |
| JANE STREET GROUP, LLC | 21,739 | +13,661 | $2.6M | +$1.7M | 169.1% |
| VANGUARD GROUP INC | 598,817 | +10,052 | $72.9M | +$1.5M | 1.7% |
| PRINCIPAL FINANCIAL GROUP INC | 31,845 | +11,279 | $3.9M | +$1.4M | 54.8% |
| GEODE CAPITAL MANAGEMENT, LLC | 247,275 | +8,308 | $30.1M | +$1.1M | 3.5% |
| UBS Group AG | 38,433 | +5,158 | $4.7M | +$645.3K | 15.5% |
| GOLDMAN SACHS GROUP INC | 46,422 | +5,032 | $5.7M | +$634.1K | 12.2% |
| Quantinno Capital Management LP | 5,480 | +3,783 | $667.6K | +$461.7K | 222.9% |
| RAYMOND JAMES FINANCIAL INC | 18,776 | +3,676 | $2.3M | +$455.5K | 24.3% |
| WELLS FARGO & COMPANY/MN | 10,250 | +3,398 | $1.2M | +$417.5K | 49.6% |
| BNP PARIBAS ARBITRAGE, SNC | 5,060 | +2,898 | $616.4K | +$354.1K | 134.0% |
| BARCLAYS PLC | 17,607 | +3,288 | $2.1M | +$334.4K | 23.0% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 5,618 | +2,501 | $684.4K | +$306.3K | 80.2% |
| UBS ASSET MANAGEMENT AMERICAS INC | 18,973 | +1,831 | $2.3M | +$231.8K | 10.7% |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | 4,460 | +1,100 | $543.3K | +$135.7K | 32.7% |
| HARBOUR INVESTMENTS, INC. | 9,402 | +937 | $1.1M | +$118.5K | 11.1% |
| Tower Research Capital LLC (TRC) | 1,565 | +922 | $190.6K | +$112.6K | 143.4% |
| Merit Financial Group, LLC | 177,497 | +99 | $21.6M | +$102.4K | 0.1% |
| STATE OF WISCONSIN INVESTMENT BOARD | 4,648 | +477 | $566.2K | +$60.2K | 11.4% |
| Invesco Ltd. | 13,769 | +433 | $1.7M | +$59.5K | 3.2% |
| DRW Securities, LLC | 2,882 | +451 | $351.1K | +$56.2K | 18.6% |
| Swiss National Bank | 18,417 | +300 | $2.2M | +$45.8K | 1.6% |
| FRANKLIN RESOURCES INC | 6,697 | +339 | $815.8K | +$44.5K | 5.3% |
| N.E.W. Advisory Services LLC | 5,466 | +237 | $665.9K | +$31.5K | 4.5% |
| AMERIPRISE FINANCIAL INC | 10,412 | +191 | $1.3M | +$28.5K | 1.9% |
| FMR LLC | 1,023 | +230 | $124.6K | +$28.4K | 29.0% |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 204 | +184 | $24.9K | +$22.4K | 920.0% |
| Wealthcare Advisory Partners LLC | 37,580 | +25 | $4.6M | +$22.1K | 0.1% |
| Ellsworth Advisors, LLC | 7,199 | +174 | $934.2K | +$15.8K | 2.5% |
| KLP KAPITALFORVALTNING AS | 2,000 | +100 | $244.4K | +$13.2K | 5.3% |
| GAMMA Investing LLC | 99 | +66 | $12.1K | +$8.1K | 200.0% |
| Larson Financial Group LLC | 43 | +37 | $5.2K | +$4.5K | 616.7% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 4,212 | +19 | $513.1K | +$4.5K | 0.5% |
| State of Alaska, Department of Revenue | 2,204 | +1,808 | $268 | +$220 | 456.6% |
| Virtu Financial LLC | 3,396 | +1,196 | $414 | +$147 | 54.4% |
| PRICE T ROWE ASSOCIATES INC /MD/ | 5,276 | +256 | $643 | +$34 | 5.1% |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 90 | +25 | $11 | +$3 | 38.5% |
| CWM, LLC | 906 | +5 | $110 | +$1 | 0.6% |
Reduced(79)
Sold Out(12)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| DARK FOREST CAPITAL MANAGEMENT LP | 0 | -17,705 | $0 | -$2.1M | — |
| FJ Capital Management LLC | 0 | -17,662 | $0 | -$2.1M | — |
| Quantbot Technologies LP | 0 | -5,877 | $0 | -$712.9K | — |
| Cetera Investment Advisers | 0 | -5,392 | $0 | -$654.2K | — |
| Squarepoint Ops LLC | 0 | -2,969 | $0 | -$360.2K | — |
| Point72 Asset Management, L.P. | 0 | -2,254 | $0 | -$273.4K | — |
| TEACHER RETIREMENT SYSTEM OF TEXAS | 0 | -2,128 | $0 | -$258.1K | — |
| CAXTON ASSOCIATES LLP | 0 | -1,987 | $0 | -$241.0K | — |
| Mariner, LLC | 0 | -1,907 | $0 | -$231.3K | — |
| USA FINANCIAL FORMULAS | 0 | -851 | $0 | -$103.2K | — |
| Wealthspire Advisors, LLC | 0 | -745 | $0 | -$90.4K | — |
| COMMONWEALTH EQUITY SERVICES, LLC | 0 | -20,352 | $0 | -$2.5K | — |
Top Holders by reported value
Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.
| Manager | Shares | $ Value | Δ Shares | QoQ % |
|---|---|---|---|---|
| BlackRock, Inc. | 692,746 | $84.4M | -1,376 | -0.2% |
| VANGUARD GROUP INC | 598,817 | $72.9M | +10,052 | 1.7% |
| STATE STREET CORP | 343,994 | $42.1M | -77,834 | -18.4% |
| GEODE CAPITAL MANAGEMENT, LLC | 247,275 | $30.1M | +8,308 | 3.5% |
| Merit Financial Group, LLC | 177,497 | $21.6M | +99 | 0.1% |
| DIMENSIONAL FUND ADVISORS LP | 131,725 | $16.0M | +24,700 | 23.1% |
| BANK OF MONTREAL /CAN/ | 103,838 | $12.6M | -67 | -0.1% |
| NORTHERN TRUST CORP | 86,016 | $10.5M | -5,844 | -6.4% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 74,764 | $9.1M | -771 | -1.0% |
| FIRST TRUST ADVISORS LP | 66,620 | $8.1M | +35,214 | 112.1% |
| Creative Planning | 58,686 | $7.1M | -3,437 | -5.5% |
| RENAISSANCE TECHNOLOGIES LLC | 52,455 | $6.4M | -22,045 | -29.6% |
| J.W. COLE ADVISORS, INC. | 52,045 | $6.3M | +52,045 | — |
| MORGAN STANLEY | 50,945 | $6.2M | -4,395 | -7.9% |
| AMERICAN CENTURY COMPANIES INC | 47,957 | $5.8M | -36,360 | -43.1% |
| GOLDMAN SACHS GROUP INC | 46,422 | $5.7M | +5,032 | 12.2% |
| STIFEL FINANCIAL CORP | 43,323 | $5.3M | 0 | 0.0% |
| NICOLET ADVISORY SERVICES, LLC | 40,765 | $5.0M | -4,460 | -9.9% |
| Bank of New York Mellon Corp | 40,396 | $4.9M | -1,467 | -3.5% |
| UBS Group AG | 38,433 | $4.7M | +5,158 | 15.5% |
New & Closed Positions this quarter
Closed Positions
12 managers exited
Top five by prior-quarter value
Methodology
Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.
Quarter-over-quarter deltas compare each manager's most recently reported share count for BFC against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.
Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.