Vault-13

BANK FIRST CORP BFC

COM · Common Stock · CUSIP 06211J100

Public bank in Wisconsin

106 institutional holders +20 vs Q3 2023
3,082,6943.1m shares reported held*
29.7% of all shares outstanding*
$266.8mreported value*
20 new 34 added 25 reduced 2 sold out net bought ≈ $20.6m (+214.4k 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 ≈ $86.53.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 79Q4 22: 89Q1 23: 79Q2 23: 82Q3 23: 86Q4 23: 106106Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202279
Q4 202289
Q1 202379
Q2 202382
Q3 202386
Q4 2023106

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 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 23Q4 23: 54 bought or addedQ4 23: 27 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224923
Q1 20234038
Q2 20234125
Q3 20233334
Q4 20235427

Biggest buyers

BlackRock Inc. Added +60,437+60.4k
MORGAN STANLEY Added +59,281+59.3k
STATE STREET CORP Added +14,207+14.2k
JPMORGAN CHASE & CO Added +14,119+14.1k
Squarepoint Ops LLC Added +12,942+12.9k
BARCLAYS PLC Added +11,278+11.3k
GEODE CAPITAL MANAGEMENT, LLC Added +10,045+10.0k
JANE STREET GROUP, LLC New +8,266+8.3k
Baird Financial Group, Inc. New +8,060+8.1k
RAYMOND JAMES & ASSOCIATES New +7,276+7.3k

Biggest sellers

VANGUARD GROUP INC Reduced -28,556-28.6k
L2 Asset Management, LLC Sold out -23,023-23.0k
NICOLET ADVISORY SERVICES, LLC Reduced -8,118-8.1k
Johnson Financial Group, Inc. Reduced -5,055-5.1k
Ziegler Capital Management, LLC Reduced -4,215-4.2k
STIFEL FINANCIAL CORP Reduced -4,100-4.1k
Crescent Grove Advisors, LLC Reduced -2,000-2.0k
Swiss National Bank Reduced -2,000-2.0k
PNC Financial Services Group, Inc. Reduced -2,000-2.0k
Allspring Global Investments Holdings, LLC Reduced -1,928-1.9k

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)

BuyingSelling
101Q1 22: 0 buyingQ1 22: 0 sellingQ2 22: 1 buyingQ2 22: 0 sellingQ2 22Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22Q1 23: 0 buyingQ1 23: 1 sellingQ2 23: 0 buyingQ2 23: 0 sellingQ2 23Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 1 buyingQ4 23: 0 sellingQ4 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20220—0——
Q2 20221$49.0k0——
Q3 20220—0——
Q4 20220—0——
Q1 20230—1$802.5k—
Q2 20230—0——
Q3 20230—0——
Q4 20231$40.7k0——
DateInsiderTradeSharesPrice ValueTheir holding
2023-10-26 LeMahieu Kevin M. Chief Financial Officer Bought 582 $70.00 $40.7k582 shares +3%

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 696,520696.5k $60.4m $60.4m 0.00% Added +60.4k +60,437
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 482,145482.1k $41.8m $41.8m 0.00% Reduced -28.6k -28,556
3 NICOLET ADVISORY SERVICES, LLC 1.91% of their portfolio GREEN BAY, WI 214,049214.0k $17.8m $17.8m 1.91% Reduced -8.1k -8,118
4 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 208,565208.6k $18.1m $18.1m 0.00% Added +14.2k +14,207
5 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 196,418196.4k $17.0m $17.0m 0.00% Added +10.0k +10,045
6 Associated Banc-Corp 0.54% of their portfolio Green Bay, WI 180,956181.0k $15.7m $15.7m 0.54% Unchanged
7 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 104,890104.9k $9.4m $9.4m 0.00% Reduced -1.3k -1,278
8 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 92,06892.1k $8.0m $8.0m 0.00% Added +3.2k +3,221
9 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 68,54568.5k $5.9m $5.9m 0.00% Added +1.0k +1,007
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 68,36668.4k $5.9m $5.9m 0.00% Added +59.3k +59,281
11 SYNOVUS FINANCIAL CORP 0.07% of their portfolio Columbus, GA 60,11560.1k $5.2m $5.2m 0.07% Unchanged
12 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 43,92043.9k $3.8m $3.8m 0.00% Added +4.4k +4,380
13 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 40,49840.5k $3.5m $3.5m 0.00% Reduced -4.1k -4,100
14 Ziegler Capital Management, LLC 0.13% of their portfolio CHICAGO, IL 32,00032.0k $2.8m $2.8m 0.13% Reduced -4.2k -4,215
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 25,48325.5k $2.2m $2.2m 0.00% Added +3.1k +3,101
16 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 24,91224.9k $2.2m $2.2m 0.00% Added +514 +514
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 20,61820.6k $1.8m $1.8m 0.00% Added +14.1k +14,119
18 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 20,38420.4k $1.8m $1.8m 0.00% Reduced -1.8k -1,778
19 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 19,31819.3k $1.7m $1.7m 0.01% Added +3.4k +3,399
20 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 19,26819.3k $1.7m $1.7m 0.01% Added +12.9k +12,942
21 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 18,97419.0k $1.6m $1.6m 0.00% Added +6.7k +6,724
22 Swiss National Bank 0.00% of their portfolio ZURICH, V8 17,41717.4k $1.5m $1.5m 0.00% Reduced -2.0k -2,000
23 Linden Thomas Advisory Services, LLC 0.28% of their portfolio Charlotte, NC 17,37717.4k $1.5m $1.5m 0.28% Reduced -208 -208
24 Beacon Pointe Advisors, LLC 0.02% of their portfolio NEWPORT BEACH, CA 17,07717.1k $1.5m $1.5m 0.02% Added +1.2k +1,231
25 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 14,54214.5k $1.3m $1.3m 0.00% Added +11.3k +11,278
26 IHT Wealth Management, LLC 0.06% of their portfolio Chicago, IL 14,41914.4k $1.2m $1.2m 0.06% Unchanged
27 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 13,14313.1k $1.1m $1.1m 0.00% Added +127 +127
28 UBS Group AG 0.00% of their portfolio ZURICH, V8 11,00011.0k $953.3k $953.3k 0.00% Added +5.3k +5,259
29 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 10,88710.9k $943.5k $943.5k 0.01% Unchanged
30 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 10,82110.8k $937.7k $937.7k 0.00% Added +3.1k +3,145
31 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 10,49610.5k $909.6k $909.6k 0.00% Added +1.0k +1,036
32 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 9,9209.9k $859.7k $859.7k 0.00% Unchanged
33 Foundations Investment Advisors, LLC 0.02% of their portfolio PHOENIX, AZ 9,6389.6k $825.9k $825.9k 0.02% Unchanged
34 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 9,3989.4k $814.4k $814.4k 0.00% Reduced -471 -471
35 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 9,0969.1k $788.3k $788.3k 0.00% Reduced -29 -29
36 NICOLET BANKSHARES INC 0.21% of their portfolio GREEN BAY, WI 8,9148.9k $772.5k $772.5k 0.21% Unchanged
37 Financial Planning & Information Services, Inc. 0.11% of their portfolio DE PERE, WI 8,3138.3k $720.4k $720.4k 0.11% Unchanged
38 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 8,2668.3k $716.3k $716.3k 0.00% New
39 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 8,0608.1k $698.5k $698.5k 0.00% New
40 Legal & General Group Plc 0.00% of their portfolio London, X0 8,0338.0k $696.1k $696.1k 0.00% Unchanged
41 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 8,0328.0k $696.1k $696.1k 0.00% Reduced -2.0k -2,000
42 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 7,2767.3k $630.5k $630.5k 0.00% New
43 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 7,2207.2k $625.7k $625.7k 0.00% Reduced -741 -741
44 THOMPSON INVESTMENT MANAGEMENT, INC. 0.10% of their portfolio MADISON, WI 7,1017.1k $615.4k $615.4k 0.10% Unchanged
45 MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio ST LOUIS, MO 7,0007.0k $606.6k $606.6k 0.01% Unchanged
46 N.E.W. Advisory Services LLC 0.07% of their portfolio DE PERE, WI 6,6866.7k $579.4k $579.4k 0.07% Added +2.0k +2,000
47 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 6,1806.2k $535.6k $535.6k 0.00% Added +69 +69
48 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 6,1526.2k $533.1k $533.1k 0.00% Reduced -1.9k -1,928
49 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 6,0006.0k $520.0k $520.0k 0.01% Unchanged
50 Crescent Grove Advisors, LLC 0.06% of their portfolio LAKE FOREST, IL 5,8805.9k $511.3k $511.3k 0.06% Reduced -2.0k -2,000
51 Merit Financial Group, LLC 0.02% of their portfolio ALPHARETTA, GA 5,7885.8k $501.6k $501.6k 0.02% Added +2.7k +2,687
52 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5,4895.5k $476.0k $476.0k 0.00% Added +1.1k +1,114
53 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 5,3645.4k $464.8k $464.8k 0.00% Added +1.8k +1,810
54 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 5,2755.3k $457.0k $457.0k 0.01% Added +928 +928
55 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 5,2315.2k $453.0k $453.0k 0.00% New
56 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 5,0685.1k $439.2k $439.2k 0.00% Reduced -824 -824
57 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 4,9855.0k $432.0k $432.0k 0.00% New
58 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 4,9765.0k $431.2k $431.2k 0.00% Unchanged
59 Regal Investment Advisors LLC 0.03% of their portfolio KENTWOOD, MI 4,9505.0k $429.0k $429.0k 0.03% New
60 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 4,9484.9k $428.8k $428.8k 0.00% Unchanged
61 McGlone Suttner Wealth Management, Inc. 0.08% of their portfolio APPLETON, WI 4,8754.9k $422.5k $422.5k 0.08% Unchanged
62 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 4,7474.7k $411.4k $411.4k 0.00% Unchanged
63 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 4,6424.6k $402.3k $402.3k 0.00% Reduced -18 -18
64 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 4,5554.6k $394.7k $394.7k 0.00% New
65 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 4,3584.4k $377.7k $377.7k 0.00% Reduced -144 -144
66 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 4,0974.1k $355.0k $355.0k 0.00% Added +47 +47
67 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 4,0294.0k $349.2k $349.2k 0.00% New
68 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 4,0004.0k $346.6k $346.6k 0.01% Unchanged
69 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 3,8653.9k $334.9k $334.9k 0.00% Reduced -596 -596
70 Legacy Private Trust Co. 0.03% of their portfolio NEENAH, WI 3,6553.7k $316.7k $316.7k 0.03% Reduced -250 -250
71 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 3,6463.6k $316.0k $316.0k 0.00% New
72 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 3,5243.5k $305.4k $305.4k 0.00% New
73 Mariner, LLC 0.00% of their portfolio Overland Park, KS 3,4953.5k $302.9k $302.9k 0.00% New
74 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 3,4303.4k $297.2k $297.2k 0.00% New
75 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 3,3863.4k $294.0k $294.0k 0.00% Reduced -1.9k -1,896
76 OCCUDO QUANTITATIVE STRATEGIES LP 0.04% of their portfolio FORT LAUDERDALE, FL 3,3253.3k $288.1k $288.1k 0.04% New
77 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 3,2463.2k $281.3k $281.3k 0.00% Reduced -1.1k -1,138
78 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,9472.9k $255.5k $255.5k 0.00% Reduced -1.1k -1,067
79 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,8842.9k $249.9k $249.9k 0.00% Added +568 +568
80 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 2,8562.9k $247.5k $247.5k 0.00% Added +2.2k +2,179
81 Virtu Financial LLC 0.02% of their portfolio New York, NY 2,7772.8k $241.0k $241.0k 0.02% New
82 Semanteon Capital Management, LP 0.16% of their portfolio NEWTON, MA 2,7262.7k $236.2k $236.2k 0.16% First filing
83 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 2,6982.7k $233.8k $233.8k 0.00% Reduced -471 -471
84 Csenge Advisory Group 0.01% of their portfolio CLEARWATER, FL 2,6892.7k $233.0k $233.0k 0.01% Unchanged
85 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 2,6602.7k $230.5k $230.5k 0.00% Unchanged
86 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 2,4692.5k $214.0k $214.0k 0.00% New
87 Gateway Wealth Partners, LLC 0.09% of their portfolio APPLETON, WI 2,4472.4k $212.0k $212.0k 0.09% New
88 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 2,4002.4k $208.0k $208.0k 0.00% New
89 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 2,3372.3k $202.5k $202.5k 0.00% New
90 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,5021.5k $130.2k $130.2k 0.00% Added +1.4k +1,404
91 EntryPoint Capital, LLC 0.11% of their portfolio NEW YORK, NY 1,3441.3k $116.5k $116.5k 0.11% First filing
92 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 1,1911.2k $103.0k $103.0k 0.00% Unchanged
93 Quantbot Technologies LP 0.01% of their portfolio NEW YORK, NY 1,0691.1k $92.6k $92.6k 0.01% Added +325 +325
94 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 921921 $79.8k $79.8k 0.00% Unchanged
95 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 779779 $68.0k $68.0k 0.00% Reduced -83 -83
96 FMR LLC 0.00% of their portfolio BOSTON, MA 601601 $52.1k $52.1k 0.00% Added +69 +69
97 Johnson Financial Group, Inc. 0.00% of their portfolio RACINE, WI 560560 $48.7k $48.7k 0.00% Reduced -5.1k -5,055
98 Metropolitan Life Insurance Co/NY 0.00% of their portfolio New York, NY 513513 $44.5k $44.5k 0.00% Unchanged
99 West Tower Group, LLC 0.08% of their portfolio RICHMOND, VA 452452 $39.2k $39.2k 0.08% New
100 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 230230 $19.9k $19.9k 0.00% Unchanged