Vault-13

BANK FIRST CORP BFC

COM · Common Stock · CUSIP 06211J100

Public bank in Wisconsin

86 institutional holders +4 vs Q2 2023
2,864,1902.9m shares reported held*
27.6% of all shares outstanding*
$219.6mreported value*
8 new 25 added 30 reduced 4 sold out net sold ≈ $663.2k (+14.4k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 10.4m as of 2023-11-09, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $76.66.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 79Q4 22: 89Q1 23: 79Q2 23: 82Q3 23: 8686Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202279
Q4 202289
Q1 202379
Q2 202382
Q3 202386

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 22: 49 bought or addedQ4 22: 23 cut or sold outQ4 22Q1 23: 40 bought or addedQ1 23: 38 cut or sold outQ1 23Q2 23: 41 bought or addedQ2 23: 25 cut or sold outQ2 23Q3 23: 33 bought or addedQ3 23: 34 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224923
Q1 20234038
Q2 20234125
Q3 20233334

Biggest buyers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +42,240+42.2k
L2 Asset Management, LLC New +23,023+23.0k
Beacon Pointe Advisors, LLC Added +12,941+12.9k
CITADEL ADVISORS LLC New +12,250+12.2k
GEODE CAPITAL MANAGEMENT, LLC Added +8,172+8.2k
Squarepoint Ops LLC New +6,326+6.3k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC New +6,111+6.1k
VANGUARD GROUP INC Added +5,182+5.2k
STATE STREET CORP Added +4,733+4.7k
SG Americas Securities, LLC New +4,347+4.3k

Biggest sellers

Associated Banc-Corp Reduced -42,015-42.0k
NORTHERN TRUST CORP Reduced -13,303-13.3k
BlackRock Inc. Reduced -7,960-8.0k
AMERICAN CENTURY COMPANIES INC Reduced -7,142-7.1k
Ziegler Capital Management, LLC Reduced -6,570-6.6k
PNC Financial Services Group, Inc. Reduced -6,000-6.0k
State of New Jersey Common Pension Fund D Reduced -5,026-5.0k
CITIGROUP INC Reduced -3,872-3.9k
GOLDMAN SACHS GROUP INC Reduced -3,712-3.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -3,633-3.6k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)

Insider purchases and sales in Q3 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q4 21: 0 buyingQ4 21: 0 sellingQ1 22: 0 buyingQ1 22: 0 sellingQ1 22Q2 22: 1 buyingQ2 22: 0 sellingQ3 22: 0 buyingQ3 22: 0 sellingQ3 22Q4 22: 0 buyingQ4 22: 0 sellingQ1 23: 0 buyingQ1 23: 1 sellingQ1 23Q2 23: 0 buyingQ2 23: 0 sellingQ3 23: 0 buyingQ3 23: 0 sellingQ3 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20210—0——
Q1 20220—0——
Q2 20221$49.0k0——
Q3 20220—0——
Q4 20220—0——
Q1 20230—1$802.5k—
Q2 20230—0——
Q3 20230—0——

None reported in Q3 2023.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 636,083636.1k $49.1m $49.1m 0.00% Reduced -8.0k -7,960
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 510,701510.7k $39.4m $39.4m 0.00% Added +5.2k +5,182
3 NICOLET ADVISORY SERVICES, LLC 1.90% of their portfolio GREEN BAY, WI 222,167222.2k $17.2m $17.2m 1.90% Reduced -1 -1
4 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 194,358194.4k $15.1m $15.1m 0.00% Added +4.7k +4,733
5 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 186,373186.4k $14.4m $14.4m 0.00% Added +8.2k +8,172
6 Associated Banc-Corp 0.54% of their portfolio Green Bay, WI 180,956181.0k $14.0m $14.0m 0.54% Reduced -42.0k -42,015
7 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 106,168106.2k $8.4m $8.4m 0.00% Unchanged
8 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 88,84788.8k $6.9m $6.9m 0.00% Reduced -13.3k -13,303
9 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 67,53867.5k $5.2m $5.2m 0.00% Added +42.2k +42,240
10 SYNOVUS FINANCIAL CORP 0.05% of their portfolio Columbus, GA 60,11560.1k $4.6m $4.6m 0.05% Unchanged
11 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 44,59844.6k $3.4m $3.4m 0.00% Unchanged
12 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 39,54039.5k $3.1m $3.1m 0.00% Reduced -172 -172
13 Ziegler Capital Management, LLC 0.11% of their portfolio CHICAGO, IL 36,21536.2k $2.8m $2.8m 0.11% Reduced -6.6k -6,570
14 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 24,39824.4k $1.9m $1.9m 0.00% Reduced -71 -71
15 L2 Asset Management, LLC 0.00% of their portfolio Wayland, MA 23,02323.0k $1.8k $1.8k 0.00% New
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 22,38222.4k $1.7m $1.7m 0.00% Reduced -1.1k -1,079
17 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 22,16222.2k $1.7m $1.7m 0.00% Reduced -108 -108
18 Swiss National Bank 0.00% of their portfolio ZURICH, V8 19,41719.4k $1.5m $1.5m 0.00% Added +1.2k +1,200
19 Linden Thomas Advisory Services, LLC 0.30% of their portfolio Charlotte, NC 17,58517.6k $1.4m $1.4m 0.30% Reduced -27 -27
20 State of New Jersey Common Pension Fund D 0.00% of their portfolio TRENTON, NJ 15,91915.9k $1.2m $1.2m 0.00% Reduced -5.0k -5,026
21 Beacon Pointe Advisors, LLC 0.02% of their portfolio NEWPORT BEACH, CA 15,84615.8k $1.2m $1.2m 0.02% Added +12.9k +12,941
22 IHT Wealth Management, LLC 0.06% of their portfolio Chicago, IL 14,41914.4k $1.1m $1.1m 0.06% Reduced -115 -115
23 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 13,01613.0k $1.0m $1.0m 0.00% Added +241 +241
24 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 12,25012.2k $945.1k $945.1k 0.00% New
25 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 10,88710.9k $840.0k $840.0k 0.01% Added +200 +200
26 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 10,03210.0k $774.0k $774.0k 0.00% Reduced -6.0k -6,000
27 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 9,9209.9k $765.3k $765.3k 0.00% Unchanged
28 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 9,8699.9k $761.4k $761.4k 0.00% Reduced -615 -615
29 Foundations Investment Advisors, LLC 0.02% of their portfolio PHOENIX, AZ 9,6389.6k $743.6k $743.6k 0.02% Unchanged
30 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 9,4609.5k $729.8k $729.8k 0.00% Added +258 +258
31 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 9,1259.1k $704.0k $704.0k 0.00% Unchanged
32 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,0859.1k $700.9k $700.9k 0.00% Reduced -1.5k -1,519
33 NICOLET BANKSHARES INC 0.21% of their portfolio GREEN BAY, WI 8,9148.9k $687.7k $687.7k 0.21% Unchanged
34 Financial Planning & Information Services, Inc. 0.12% of their portfolio DE PERE, WI 8,3138.3k $641.3k $641.3k 0.12% Unchanged
35 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 8,0808.1k $623.4k $623.4k 0.00% Reduced -3.5k -3,461
36 Legal & General Group Plc 0.00% of their portfolio London, X0 8,0338.0k $619.7k $619.7k 0.00% Added +221 +221
37 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 7,9618.0k $614.2k $614.2k 0.00% Reduced -448 -448
38 Crescent Grove Advisors, LLC 0.08% of their portfolio LAKE FOREST, IL 7,8807.9k $610.3k $610.3k 0.08% Unchanged
39 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 7,6767.7k $592.2k $592.2k 0.00% Reduced -7.1k -7,142
40 THOMPSON INVESTMENT MANAGEMENT, INC. 0.10% of their portfolio MADISON, WI 7,1017.1k $547.8k $547.8k 0.10% Unchanged
41 MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio ST LOUIS, MO 7,0007.0k $540.0k $540.0k 0.01% Unchanged
42 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6,4996.5k $501.4k $501.4k 0.00% Reduced -869 -869
43 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 6,3266.3k $488.1k $488.1k 0.00% New
44 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 6,1116.1k $471.4k $471.4k 0.00% New
45 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 6,0006.0k $462.9k $462.9k 0.01% Added +1.0k +1,000
46 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 5,8925.9k $454.6k $454.6k 0.00% Reduced -3.7k -3,712
47 UBS Group AG 0.00% of their portfolio ZURICH, V8 5,7415.7k $442.9k $442.9k 0.00% Reduced -113 -113
48 Johnson Financial Group, Inc. 0.03% of their portfolio RACINE, WI 5,6155.6k $434.9k $434.9k 0.03% Unchanged
49 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 5,2825.3k $407.0k $407.0k 0.00% Added +1.9k +1,890
50 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 4,9765.0k $383.9k $383.9k 0.00% Unchanged
51 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 4,9484.9k $381.7k $381.7k 0.00% Unchanged
52 McGlone Suttner Wealth Management, Inc. 0.09% of their portfolio APPLETON, WI 4,8754.9k $376.1k $376.1k 0.09% Unchanged
53 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 4,7474.7k $366.2k $366.2k 0.00% Added +668 +668
54 N.E.W. Advisory Services LLC 0.05% of their portfolio DE PERE, WI 4,6864.7k $361.5k $361.5k 0.05% Reduced -359 -359
55 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 4,6604.7k $359.5k $359.5k 0.00% Added +165 +165
56 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 4,5024.5k $347.3k $347.3k 0.00% Added +793 +793
57 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 4,4614.5k $344.2k $344.2k 0.00% Added +15 +15
58 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 4,3844.4k $338.2k $338.2k 0.00% Added +1.5k +1,502
59 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,3754.4k $338.0k $338.0k 0.00% Added +600 +600
60 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 4,3474.3k $335.0k $335.0k 0.00% New
61 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 4,0504.0k $312.5k $312.5k 0.00% Added +80 +80
62 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 4,0144.0k $309.8k $309.8k 0.00% Reduced -2.2k -2,242
63 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 4,0004.0k $308.6k $308.6k 0.02% Unchanged
64 Legacy Private Trust Co. 0.03% of their portfolio NEENAH, WI 3,9053.9k $301.3k $301.3k 0.03% Reduced -500 -500
65 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 3,5543.6k $274.2k $274.2k 0.00% Reduced -594 -594
66 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 3,2643.3k $251.8k $251.8k 0.00% Reduced -103 -103
67 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 3,1693.2k $244.5k $244.5k 0.00% Unchanged
68 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 3,1013.1k $239.2k $239.2k 0.01% Added +11 +11
69 Csenge Advisory Group 0.01% of their portfolio CLEARWATER, FL 2,6892.7k $207.5k $207.5k 0.01% Unchanged
70 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 2,6602.7k $205.2k $205.2k 0.00% Reduced -796 -796
71 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,3162.3k $178.7k $178.7k 0.00% Reduced -1.2k -1,247
72 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 1,1911.2k $92.0k $92.0k 0.00% Added +749 +749
73 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 921921 $71.1k $71.1k 0.00% Added +150 +150
74 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 862862 $67.0k $67.0k 0.00% Unchanged
75 Quantbot Technologies LP 0.00% of their portfolio NEW YORK, NY 744744 $57.4k $57.4k 0.00% New
76 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 677677 $52.2k $52.2k 0.00% Added +143 +143
77 FMR LLC 0.00% of their portfolio BOSTON, MA 532532 $41.0k $41.0k 0.00% Added +315 +315
78 Metropolitan Life Insurance Co/NY 0.00% of their portfolio New York, NY 513513 $39.6k $39.6k 0.00% Unchanged
79 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 230230 $17.7k $17.7k 0.00% Added +4 +4
80 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 174174 $13.4k $13.4k 0.00% Unchanged
81 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 9898 $7.6k $7.6k 0.00% Reduced -3.9k -3,872
82 QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio CINCINNATI, OH 3333 $2.5k $2.5k 0.00% Unchanged
83 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 99 $694 $694 0.00% New
84 Avion Wealth 0.00% of their portfolio THE WOODLANDS, TX 66 $0 $0 0.00% New
85 Covestor Ltd 0.00% of their portfolio LONDON, X0 11 $0 $0 0.00% Reduced -2 -2
86 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged