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 ($350.1k this quarter). Holder counts are more reliable. Shares outstanding: 11.1m as of 2026-08-07, 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 ≈ $148.39.
Trends to Q2 2026
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 |
| Q2 2024 | 98 |
| Q3 2024 | 113 |
| Q4 2024 | 118 |
| Q1 2025 | 119 |
| Q2 2025 | 118 |
| Q3 2025 | 133 |
| Q4 2025 | 145 |
| Q1 2026 | 150 |
| Q2 2026 | 170 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 61 | 29 |
| Q4 2024 | 51 | 41 |
| Q1 2025 | 42 | 49 |
| Q2 2025 | 56 | 49 |
| Q3 2025 | 77 | 36 |
| Q4 2025 | 62 | 62 |
| Q1 2026 | 61 | 67 |
| Q2 2026 | 97 | 44 |
Biggest buyers
| STATE STREET CORP | Added | +88.8k |
| BlackRock, Inc. | Added | +59.2k |
| J.W. COLE ADVISORS, INC. | New | +52.3k |
| MARSHALL WACE, LLP | Added | +43.0k |
| DIMENSIONAL FUND ADVISORS LP | Added | +28.0k |
| HARBOUR INVESTMENTS, INC. | New | +17.0k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +14.3k |
| ExodusPoint Capital Management, LP | New | +12.5k |
| XTX Topco Ltd | New | +11.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +10.6k |
Biggest sellers
| Wealthcare Advisory Partners LLC | Sold out | -37.4k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -28.8k |
| RAYMOND JAMES FINANCIAL INC | Reduced | -18.6k |
| Qube Research & Technologies Ltd | Sold out | -17.1k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -13.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -11.8k |
| CITADEL ADVISORS LLC | Reduced | -10.4k |
| UBS Group AG | Reduced | -9.8k |
| Asset Management One Co., Ltd. | Sold out | -5.6k |
| VANGUARD CAPITAL MANAGEMENT LLC | Reduced | -5.6k |
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 since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 1 | $255.1k | — |
| Q1 2025 | 2 | $142.2k | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 1 | $50.3k | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 1 | $21.2k | 1 | $2.4m | — |
| Q2 2026 | 2 | $94.0k | 0 | — | — |
| Q3 2026 | 1 | $160.7k | 1 | $287.5k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-11 | Van Sistine Peter J. Director | Sold | $287.5k1.8k shares |
| 2026-08-17 | Pearson Tracy C Director | Bought | $160.7k1.0k shares |
| 2026-04-22 | Sprang Todd A. Director | Bought | $62.5k450 shares |
| 2026-04-21 | Stayer-Suprick Michael S Director | Bought | $31.5k225 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 821.4k $121.9m | Added +59.2k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 465.4k $69.0m | Reduced -5.6k |
| STATE STREET CORP 0.00% of their portfolio | 437.3k $65.1m | Added +88.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 296.5k $44.0m | Added +14.3k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 187.7k $27.8m | Added +28.0k |
| Merit Financial Group, LLC 0.16% of their portfolio | 174.0k $25.8m | Reduced -2.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 146.5k $21.7m | Added +10.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 104.1k $15.4m | Added +5.7k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 103.8k $15.4m | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 85.2k $12.6m | Added +1.2k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 70.6k $10.5m | Reduced -2.4k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 68.2k $10.1m | Added +413 |
| Creative Planning 0.01% of their portfolio | 59.1k $8.8m | Added +378 |
| J.W. COLE ADVISORS, INC. 0.13% of their portfolio | 52.3k $7.8m | New |
| NICOLET BANKSHARES INC 0.25% of their portfolio | 51.5k $7.8m | Added +15 |
| MARSHALL WACE, LLP 0.01% of their portfolio | 47.9k $7.1m | Added +43.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 45.1k $6.7m | Added +3.3k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 42.5k $6.3m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 42.3k $6.3m | Added +4.2k |
| PRAIRIE ADVISORY, LLC 1.32% of their portfolio | 37.1k $5.5m | First filing |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 33.9k $5.0m | Reduced -3.8k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 28.1k $4.2m | Added +939 |
| Nuveen, LLC 0.00% of their portfolio | 25.7k $3.8m | Added +4.1k |
| BESSEMER GROUP INC 0.00% of their portfolio | 23.8k $3.5m | Unchanged |
| Quantinno Capital Management LP 0.00% of their portfolio | 21.7k $3.2m | Added +6.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 20.1k $3.0m | Reduced -13.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 19.8k $2.9m | Added +5.5k |
| Swiss National Bank 0.00% of their portfolio | 19.7k $2.9m | Added +1.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 19.2k $2.9m | Added +193 |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 18.2k $2.7m | Added +5.7k |
| HARBOUR INVESTMENTS, INC. 0.03% of their portfolio | 17.0k $2.5m | New |
| Invesco Ltd. 0.00% of their portfolio | 16.7k $2.5m | Added +1.9k |
| N.E.W. Advisory Services LLC 0.16% of their portfolio | 16.5k $2.4m | Added +10.4k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.15% of their portfolio | 15.4k $2.3m | Added +3.3k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 15.0k $2.2m | Added +792 |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 14.7k $2.2m | Added +1.0k |
| Linden Thomas Advisory Services, LLC 0.17% of their portfolio | 14.4k $2.1m | Reduced -3.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 13.9k $2.1m | Added +1.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 13.1k $1.9m | Reduced -4.0k |
| HighTower Advisors, LLC 0.00% of their portfolio | 12.9k $1.9m | Reduced -20 |
| UBS Group AG 0.00% of their portfolio | 12.9k $1.9m | Reduced -9.8k |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 12.5k $1.8m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 12.5k $1.7m | Added +2.5k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 12.5k $1.8m | Added +3.1k |
| IHT Wealth Management, LLC 0.04% of their portfolio | 12.0k $1.8m | Reduced -300 |
| CITIGROUP INC 0.00% of their portfolio | 11.6k $1.7m | Added +4.7k |
| XTX Topco Ltd 0.02% of their portfolio | 11.5k $1.7m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 11.5k $1.7m | Added +2.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 10.9k $1.6m | Added +1 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 10.4k $1.5m | Added +2.8k |
| Rosenthal | Henry Capital Advisors, Inc. 1.35% of their portfolio | 10.4k $1.5m | Unchanged |
| Beacon Pointe Advisors, LLC 0.01% of their portfolio | 9.9k $1.5m | Unchanged |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 9.3k $1.4m | Added +5.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 9.0k $1.3m | Added +4.9k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 8.8k $1.3m | Reduced -10.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 8.6k $1.3m | Added +1.3k |
| Focus Partners Wealth 0.00% of their portfolio | 8.5k $1.3m | New |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 8.1k $1.2m | Added +783 |
| Legal & General Group Plc 0.00% of their portfolio | 7.9k $1.2m | Added +102 |
| BARCLAYS PLC 0.00% of their portfolio | 7.5k $1.1m | Added +774 |
| Annex Advisory Services, LLC 0.02% of their portfolio | 7.5k $1.1m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 7.4k $1.1m | Reduced -11.8k |
| Ellsworth Advisors, LLC 0.18% of their portfolio | 7.3k $1.1m | Added +134 |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 7.2k $1.1m | Added +1.3k |
| F/m Investments LLC 0.05% of their portfolio | 7.2k $1.1m | Reduced -1.2k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 6.9k $1.0m | Reduced -28.8k |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio | 6.5k $964.3k | Unchanged |
| THOMPSON INVESTMENT MANAGEMENT, INC. 0.11% of their portfolio | 6.2k $925.1k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 6.1k $908.6k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 6.0k $896.3k | Added +536 |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 6.0k $890.1k | Unchanged |
| Baird Financial Group, Inc. 0.00% of their portfolio | 5.5k $815.9k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 5.2k $766.5k | Reduced -3.2k |
| Jupiter Topco LLC 0.00% of their portfolio | 5.1k $763.7k | First filing |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 5.1k $750.7k | Reduced -525 |
| Regal Investment Advisors LLC 0.04% of their portfolio | 5.0k $734.3k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 4.9k $732.6k | Added +4.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 4.9k $731.2k | Added +1.2k |
| McGlone Suttner Wealth Management, Inc. 0.08% of their portfolio | 4.9k $723.2k | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 4.8k $708.1k | Reduced -49 |
| FORM Wealth Advisors, LLC 0.08% of their portfolio | 4.6k $682.4k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 4.5k $669.4k | Reduced -203 |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 4.4k $657.2k | New |
| Quantbot Technologies LP 0.03% of their portfolio | 4.3k $639.4k | New |
| ALLSTATE CORP 0.01% of their portfolio | 4.3k $638.4k | New |
| Mueller Wealth, LLC 0.43% of their portfolio | 4.2k $628.8k | Added +8 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 4.0k $587.9k | Added +700 |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 3.9k $581.8k | Reduced -1.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 3.6k $540.6k | Unchanged |
| Legacy Private Trust Co. 0.03% of their portfolio | 3.5k $522.2k | Reduced -225 |
| Shakespeare Wealth Management, LLC 0.14% of their portfolio | 3.5k $521.9k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 3.2k $474.7k | Unchanged |
| HARBOR CAPITAL ADVISORS, INC. 0.03% of their portfolio | 3.2k $474.0k | Added +455 |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 3.1k $466.4k | Added +598 |
| SG Americas Securities, LLC 0.00% of their portfolio | 2.9k $434.0k | Added +860 |
| Squarepoint Ops LLC 0.00% of their portfolio | 2.9k $424.4k | New |
| Corient Private Wealth LP 0.00% of their portfolio | 2.8k $416.6k | New |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 2.7k $401.3k | Added +133 |
| Csenge Advisory Group 0.02% of their portfolio | 2.7k $398.9k | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 2.5k $366.4k | Reduced -18.6k |