BANK FIRST CORP BFC
COM · Common Stock · CUSIP 06211J100
Public bank in Wisconsin
- SectorFinancials
- IndustryNational Commercial Banks
- HeadquartersManitowoc, WI
- FilingsSEC EDGAR
* 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 ≈ $86.53.
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 79 |
| Q4 2022 | 89 |
| Q1 2023 | 79 |
| Q2 2023 | 82 |
| Q3 2023 | 86 |
| Q4 2023 | 106 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 49 | 23 |
| Q1 2023 | 40 | 38 |
| Q2 2023 | 41 | 25 |
| Q3 2023 | 33 | 34 |
| Q4 2023 | 54 | 27 |
Biggest buyers
| BlackRock Inc. | Added | +60.4k |
| MORGAN STANLEY | Added | +59.3k |
| STATE STREET CORP | Added | +14.2k |
| JPMORGAN CHASE & CO | Added | +14.1k |
| Squarepoint Ops LLC | Added | +12.9k |
| BARCLAYS PLC | Added | +11.3k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +10.0k |
| JANE STREET GROUP, LLC | New | +8.3k |
| Baird Financial Group, Inc. | New | +8.1k |
| RAYMOND JAMES & ASSOCIATES | New | +7.3k |
Biggest sellers
| VANGUARD GROUP INC | Reduced | -28.6k |
| L2 Asset Management, LLC | Sold out | -23.0k |
| NICOLET ADVISORY SERVICES, LLC | Reduced | -8.1k |
| Johnson Financial Group, Inc. | Reduced | -5.1k |
| Ziegler Capital Management, LLC | Reduced | -4.2k |
| STIFEL FINANCIAL CORP | Reduced | -4.1k |
| Crescent Grove Advisors, LLC | Reduced | -2.0k |
| Swiss National Bank | Reduced | -2.0k |
| PNC Financial Services Group, Inc. | Reduced | -2.0k |
| Allspring Global Investments Holdings, LLC | Reduced | -1.9k |
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 Q4 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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 1 | $49.0k | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 1 | $802.5k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 1 | $40.7k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-10-26 | LeMahieu Kevin M. Chief Financial Officer | Bought | $40.7k582 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 696.5k $60.4m | Added +60.4k |
| VANGUARD GROUP INC 0.00% of their portfolio | 482.1k $41.8m | Reduced -28.6k |
| NICOLET ADVISORY SERVICES, LLC 1.91% of their portfolio | 214.0k $17.8m | Reduced -8.1k |
| STATE STREET CORP 0.00% of their portfolio | 208.6k $18.1m | Added +14.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 196.4k $17.0m | Added +10.0k |
| Associated Banc-Corp 0.54% of their portfolio | 181.0k $15.7m | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 104.9k $9.4m | Reduced -1.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 92.1k $8.0m | Added +3.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 68.5k $5.9m | Added +1.0k |
| MORGAN STANLEY 0.00% of their portfolio | 68.4k $5.9m | Added +59.3k |
| SYNOVUS FINANCIAL CORP 0.07% of their portfolio | 60.1k $5.2m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 43.9k $3.8m | Added +4.4k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 40.5k $3.5m | Reduced -4.1k |
| Ziegler Capital Management, LLC 0.13% of their portfolio | 32.0k $2.8m | Reduced -4.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 25.5k $2.2m | Added +3.1k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 24.9k $2.2m | Added +514 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 20.6k $1.8m | Added +14.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 20.4k $1.8m | Reduced -1.8k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 19.3k $1.7m | Added +3.4k |
| Squarepoint Ops LLC 0.01% of their portfolio | 19.3k $1.7m | Added +12.9k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 19.0k $1.6m | Added +6.7k |
| Swiss National Bank 0.00% of their portfolio | 17.4k $1.5m | Reduced -2.0k |
| Linden Thomas Advisory Services, LLC 0.28% of their portfolio | 17.4k $1.5m | Reduced -208 |
| Beacon Pointe Advisors, LLC 0.02% of their portfolio | 17.1k $1.5m | Added +1.2k |
| BARCLAYS PLC 0.00% of their portfolio | 14.5k $1.3m | Added +11.3k |
| IHT Wealth Management, LLC 0.06% of their portfolio | 14.4k $1.2m | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 13.1k $1.1m | Added +127 |
| UBS Group AG 0.00% of their portfolio | 11.0k $953.3k | Added +5.3k |
| AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio | 10.9k $943.5k | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 10.8k $937.7k | Added +3.1k |
| Invesco Ltd. 0.00% of their portfolio | 10.5k $909.6k | Added +1.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 9.9k $859.7k | Unchanged |
| Foundations Investment Advisors, LLC 0.02% of their portfolio | 9.6k $825.9k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 9.4k $814.4k | Reduced -471 |
| US BANCORP \DE\ 0.00% of their portfolio | 9.1k $788.3k | Reduced -29 |
| NICOLET BANKSHARES INC 0.21% of their portfolio | 8.9k $772.5k | Unchanged |
| Financial Planning & Information Services, Inc. 0.11% of their portfolio | 8.3k $720.4k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 8.3k $716.3k | New |
| Baird Financial Group, Inc. 0.00% of their portfolio | 8.1k $698.5k | New |
| Legal & General Group Plc 0.00% of their portfolio | 8.0k $696.1k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 8.0k $696.1k | Reduced -2.0k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 7.3k $630.5k | New |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 7.2k $625.7k | Reduced -741 |
| THOMPSON INVESTMENT MANAGEMENT, INC. 0.10% of their portfolio | 7.1k $615.4k | Unchanged |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio | 7.0k $606.6k | Unchanged |
| N.E.W. Advisory Services LLC 0.07% of their portfolio | 6.7k $579.4k | Added +2.0k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 6.2k $535.6k | Added +69 |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 6.2k $533.1k | Reduced -1.9k |
| Steward Partners Investment Advisory, LLC 0.01% of their portfolio | 6.0k $520.0k | Unchanged |
| Crescent Grove Advisors, LLC 0.06% of their portfolio | 5.9k $511.3k | Reduced -2.0k |
| Merit Financial Group, LLC 0.02% of their portfolio | 5.8k $501.6k | Added +2.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 5.5k $476.0k | Added +1.1k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 5.4k $464.8k | Added +1.8k |
| SG Americas Securities, LLC 0.01% of their portfolio | 5.3k $457.0k | Added +928 |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 5.2k $453.0k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 5.1k $439.2k | Reduced -824 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 5.0k $432.0k | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 5.0k $431.2k | Unchanged |
| Regal Investment Advisors LLC 0.03% of their portfolio | 5.0k $429.0k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 4.9k $428.8k | Unchanged |
| McGlone Suttner Wealth Management, Inc. 0.08% of their portfolio | 4.9k $422.5k | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 4.7k $411.4k | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 4.6k $402.3k | Reduced -18 |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 4.6k $394.7k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 4.4k $377.7k | Reduced -144 |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 4.1k $355.0k | Added +47 |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 4.0k $349.2k | New |
| HARBOUR INVESTMENTS, INC. 0.01% of their portfolio | 4.0k $346.6k | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 3.9k $334.9k | Reduced -596 |
| Legacy Private Trust Co. 0.03% of their portfolio | 3.7k $316.7k | Reduced -250 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 3.6k $316.0k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 3.5k $305.4k | New |
| Mariner, LLC 0.00% of their portfolio | 3.5k $302.9k | New |
| TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio | 3.4k $297.2k | New |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 3.4k $294.0k | Reduced -1.9k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.04% of their portfolio | 3.3k $288.1k | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 3.2k $281.3k | Reduced -1.1k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 2.9k $255.5k | Reduced -1.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 2.9k $249.9k | Added +568 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 2.9k $247.5k | Added +2.2k |
| Virtu Financial LLC 0.02% of their portfolio | 2.8k $241.0k | New |
| Semanteon Capital Management, LP 0.16% of their portfolio | 2.7k $236.2k | First filing |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 2.7k $233.8k | Reduced -471 |
| Csenge Advisory Group 0.01% of their portfolio | 2.7k $233.0k | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 2.7k $230.5k | Unchanged |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 2.5k $214.0k | New |
| Gateway Wealth Partners, LLC 0.09% of their portfolio | 2.4k $212.0k | New |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 2.4k $208.0k | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 2.3k $202.5k | New |
| CITIGROUP INC 0.00% of their portfolio | 1.5k $130.2k | Added +1.4k |
| EntryPoint Capital, LLC 0.11% of their portfolio | 1.3k $116.5k | First filing |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 1.2k $103.0k | Unchanged |
| Quantbot Technologies LP 0.01% of their portfolio | 1.1k $92.6k | Added +325 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 921 $79.8k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 779 $68.0k | Reduced -83 |
| FMR LLC 0.00% of their portfolio | 601 $52.1k | Added +69 |
| Johnson Financial Group, Inc. 0.00% of their portfolio | 560 $48.7k | Reduced -5.1k |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 513 $44.5k | Unchanged |
| West Tower Group, LLC 0.08% of their portfolio | 452 $39.2k | New |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 230 $19.9k | Unchanged |