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: 10.1m as of 2024-02-29, 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 ≈ $85.55.
Trends to Q1 2024
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 |
| Q1 2024 | 105 |
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 |
| Q1 2024 | 40 | 45 |
Biggest buyers
| Merit Financial Group, LLC | Added | +73.3k |
| MILLENNIUM MANAGEMENT LLC | New | +34.5k |
| Wealthcare Advisory Partners LLC | New | +23.7k |
| JPMORGAN CHASE & CO | Added | +16.1k |
| STATE STREET CORP | Added | +13.6k |
| FMR LLC | Added | +7.3k |
| AQR CAPITAL MANAGEMENT LLC | Added | +6.3k |
| JANUS HENDERSON GROUP PLC | Added | +5.7k |
| TEACHER RETIREMENT SYSTEM OF TEXAS | New | +4.8k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +4.6k |
Biggest sellers
| BlackRock Inc. | Reduced | -30.0k |
| State of New Jersey Common Pension Fund D | Sold out | -19.3k |
| MORGAN STANLEY | Reduced | -16.0k |
| CITADEL ADVISORS LLC | Reduced | -14.7k |
| AMERIPRISE FINANCIAL INC | Reduced | -10.0k |
| JANE STREET GROUP, LLC | Sold out | -8.3k |
| BARCLAYS PLC | Reduced | -6.3k |
| Allspring Global Investments Holdings, LLC | Sold out | -6.2k |
| Squarepoint Ops LLC | Reduced | -6.1k |
| BANK OF AMERICA CORP /DE/ | Reduced | -6.0k |
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 Q1 2024
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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q1 2024 | 2 | $102.8k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-15 | Bourbulas Mary Kay Director | Bought | $49.7k600 shares |
| 2024-02-06 | Maples Phillip R Director | Bought | $53.1k650 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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 666.6k $57.8m | Reduced -30.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 486.0k $42.1m | Added +3.8k |
| STATE STREET CORP 0.00% of their portfolio | 222.2k $19.3m | Added +13.6k |
| NICOLET ADVISORY SERVICES, LLC 1.79% of their portfolio | 210.8k $17.6m | Reduced -3.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 201.1k $17.4m | Added +4.6k |
| Associated Banc-Corp 0.50% of their portfolio | 181.0k $15.7m | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 104.9k $9.1m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 89.9k $7.8m | Reduced -2.2k |
| Merit Financial Group, LLC 0.15% of their portfolio | 79.1k $6.3m | Added +73.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 69.5k $6.0m | Added +954 |
| SYNOVUS FINANCIAL CORP 0.07% of their portfolio | 60.1k $5.2m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 52.4k $4.5m | Reduced -16.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 41.8k $3.6m | Reduced -2.2k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 40.5k $3.5m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 36.7k $3.2m | Added +16.1k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 34.5k $3.0m | New |
| Ziegler Capital Management, LLC 0.01% of their portfolio | 31.0k $268.7k | Reduced -1.0k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 24.9k $2.2m | Unchanged |
| Wealthcare Advisory Partners LLC 0.07% of their portfolio | 23.7k $2.1m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 19.5k $1.7m | Reduced -6.0k |
| Linden Thomas Advisory Services, LLC 0.25% of their portfolio | 17.7k $1.5m | Added +281 |
| Swiss National Bank 0.00% of their portfolio | 17.4k $1.5m | Unchanged |
| Beacon Pointe Advisors, LLC 0.02% of their portfolio | 17.1k $1.5m | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 14.2k $1.2m | Added +3.3k |
| IHT Wealth Management, LLC 0.05% of their portfolio | 14.1k $1.2m | Reduced -350 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 13.5k $1.2m | Added +357 |
| Squarepoint Ops LLC 0.00% of their portfolio | 13.2k $1.1m | Reduced -6.1k |
| AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio | 10.9k $943.6k | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 10.9k $942.3k | Added +6.3k |
| Invesco Ltd. 0.00% of their portfolio | 10.7k $923.6k | Added +160 |
| UBS Group AG 0.00% of their portfolio | 10.5k $910.7k | Reduced -492 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 10.4k $898.4k | Reduced -10.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 9.9k $859.8k | Unchanged |
| Foundations Investment Advisors, LLC 0.02% of their portfolio | 9.6k $835.3k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 9.3k $801.9k | Added +1.2k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 9.1k $789.2k | Added +5.7k |
| US BANCORP \DE\ 0.00% of their portfolio | 9.1k $788.4k | Unchanged |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 9.0k $781.1k | Added +1.7k |
| NICOLET BANKSHARES INC 0.19% of their portfolio | 8.9k $772.6k | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 8.9k $768.0k | Reduced -537 |
| BARCLAYS PLC 0.00% of their portfolio | 8.3k $716.8k | Reduced -6.3k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 8.1k $703.7k | Added +899 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 8.0k $696.1k | Unchanged |
| FMR LLC 0.00% of their portfolio | 7.9k $683.4k | Added +7.3k |
| Financial Planning & Information Services, Inc. 0.10% of their portfolio | 7.3k $636.8k | Reduced -966 |
| THOMPSON INVESTMENT MANAGEMENT, INC. 0.09% of their portfolio | 7.1k $615.4k | Unchanged |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio | 7.0k $606.7k | Unchanged |
| Baird Financial Group, Inc. 0.00% of their portfolio | 6.8k $592.0k | Reduced -1.2k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 6.2k $535.8k | Added +3 |
| Steward Partners Investment Advisory, LLC 0.01% of their portfolio | 6.0k $520.0k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 5.7k $494.2k | Added +634 |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 5.6k $481.0k | Added +322 |
| N.E.W. Advisory Services LLC 0.05% of their portfolio | 5.5k $473.7k | Reduced -1.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 5.1k $437.9k | Added +1.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 5.0k $431.3k | Unchanged |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 5.0k $431.1k | Reduced -390 |
| Regal Investment Advisors LLC 0.03% of their portfolio | 5.0k $429.0k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 4.9k $428.8k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 4.9k $426.9k | Added +567 |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 4.9k $422.6k | Added +129 |
| McGlone Suttner Wealth Management, Inc. 0.08% of their portfolio | 4.9k $422.5k | Unchanged |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 4.8k $413.0k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 4.6k $398.9k | Reduced -40 |
| ExodusPoint Capital Management, LP 0.00% of their portfolio | 4.3k $374.0k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 4.3k $369.6k | Reduced -14.7k |
| HRT FINANCIAL LP 0.00% of their portfolio | 4.2k $366.0k | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 4.2k $361.2k | Added +139 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 4.0k $350.0k | Reduced -947 |
| MARSHALL WACE, LLP 0.00% of their portfolio | 4.0k $349.7k | New |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 4.0k $349.0k | New |
| HARBOUR INVESTMENTS, INC. 0.01% of their portfolio | 4.0k $346.7k | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 3.9k $334.7k | Reduced -3 |
| Legacy Private Trust Co. 0.02% of their portfolio | 3.7k $316.8k | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 3.5k $306.3k | Added +10 |
| SG Americas Securities, LLC 0.00% of their portfolio | 3.4k $295.0k | Reduced -1.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 3.4k $294.9k | Reduced -695 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 3.3k $285.8k | Added +413 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.0k $261.0k | Reduced -2.5k |
| Crescent Grove Advisors, LLC 0.03% of their portfolio | 2.9k $250.6k | Reduced -3.0k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 2.9k $247.2k | Reduced -96 |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 2.8k $242.7k | New |
| EntryPoint Capital, LLC 0.21% of their portfolio | 2.7k $236.3k | Added +1.4k |
| Csenge Advisory Group 0.01% of their portfolio | 2.7k $233.1k | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 2.7k $232.0k | New |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 2.7k $231.3k | Reduced -29 |
| Mariner, LLC 0.00% of their portfolio | 2.6k $228.2k | Reduced -862 |
| SHERBROOKE PARK ADVISERS LLC 0.04% of their portfolio | 2.6k $222.3k | New |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 2.4k $209.8k | Reduced -48 |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 2.4k $208.0k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 2.0k $173.9k | Added +504 |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 1.2k $102.0k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 921 $79.8k | Unchanged |
| Quantbot Technologies LP 0.00% of their portfolio | 592 $51.3k | Reduced -477 |
| Johnson Financial Group, Inc. 0.00% of their portfolio | 560 $48.7k | Unchanged |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 513 $44.5k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 317 $27.0k | Reduced -462 |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 230 $20.0k | Unchanged |
| Ancora Advisors LLC 0.00% of their portfolio | 174 $15.1k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 127 $11.0k | Reduced -2.7k |
| QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio | 41 $3.6k | Unchanged |