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Bank First Corp

BFC
Exchange
Nasdaq
Industry
National Commercial Banks
SEC CIK
0001746109

In the last 90 days, Bank First Corp insiders filed 1 open-market purchase and 1 sale; 169 institutions reported holding it in 13F filings for Q2 2026, worth $620.1M in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Bank First Corp as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
133
+17 vs. Q2 2025
Shares held
3.77M
+499.5K (+15.3%) vs. Q2 2025
Total value
$458.6M
+$73.4M (+19.0%) vs. Q2 2025
New holders
30
48 more added
Sold out
13
23 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BFC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 133 institutions
Q1 2021: 66 institutionsQ2 2021: 60 institutionsQ3 2021: 62 institutionsQ4 2021: 65 institutionsQ1 2022: 69 institutionsQ2 2022: 74 institutionsQ3 2022: 79 institutionsQ4 2022: 87 institutionsQ1 2023: 77 institutionsQ2 2023: 81 institutionsQ3 2023: 85 institutionsQ4 2023: 105 institutionsQ1 2024: 104 institutionsQ2 2024: 97 institutionsQ3 2024: 112 institutionsQ4 2024: 117 institutionsQ1 2025: 118 institutionsQ2 2025: 117 institutionsQ3 2025: 133 institutionsQ4 2025: 145 institutionsQ1 2026: 150 institutionsQ2 2026: 169 institutions
Value heldQ3 2025: $458.6M
Q1 2021: $149.0MQ2 2021: $139.7MQ3 2021: $142.8MQ4 2021: $144.6MQ1 2022: $144.2MQ2 2022: $156.7MQ3 2022: $157.8MQ4 2022: $217.9MQ1 2023: $179.1MQ2 2023: $237.6MQ3 2023: $219.6MQ4 2023: $262.9MQ1 2024: $264.2MQ2 2024: $241.4MQ3 2024: $274.1MQ4 2024: $320.1MQ1 2025: $328.4MQ2 2025: $385.8MQ3 2025: $458.6MQ4 2025: $452.7MQ1 2026: $520.1MQ2 2026: $620.1M
Institutions holding BFC and their total value by quarter
QuarterHoldersValue
Q2 2026169$620.1M
Q1 2026150$520.1M
Q4 2025145$452.7M
Q3 2025133$458.6M
Q2 2025117$385.8M
Q1 2025118$328.4M
Q4 2024117$320.1M
Q3 2024112$274.1M
Q2 202497$241.4M
Q1 2024104$264.2M
Q4 2023105$262.9M
Q3 202385$219.6M
Q2 202381$237.6M
Q1 202377$179.1M
Q4 202287$217.9M
Q3 202279$157.8M
Q2 202274$156.7M
Q1 202269$144.2M
Q4 202165$144.6M
Q3 202162$142.8M
Q2 202160$139.7M
Q1 202166$149.0M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Bank First Corp; share changes are against Q2 2025.

Institutions holding BFC in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.694,122$84.2M0.00%+24,840+3.7%Added
Vanguard Group Inc588,765$71.4M0.00%+2,862+0.5%Added
State Street Corp421,828$51.4M0.00%+175,251+71.1%Added
Geode Capital Management, LLC238,967$29.0M0.00%+17,588+7.9%Added
Merit Financial Group, LLC177,398$21.5M0.20%−579−0.3%Reduced
Dimensional Fund Advisors LP107,025$13.0M0.00%+31,510+41.7%Added
Bank of Montreal103,905$12.6M0.01%+150.0%Added
Northern Trust Corp91,860$11.1M0.00%−1,934−2.1%Reduced
American Century Companies Inc84,317$10.2M0.01%+273+0.3%Added
Charles Schwab Investment Management Inc75,535$9.16M0.00%+352+0.5%Added
Renaissance Technologies LLC74,500$9.04M0.01%+14,486+24.1%Added
Creative Planning62,123$7.54M0.01%+4,961+8.7%Added
Morgan Stanley55,340$6.71M0.00%+35,421+177.8%Added
David Loasby45,225$5.96M0.46%00.0%Unchanged
Stifel Financial Corp43,323$5.26M0.00%−1,197−2.7%Reduced
Bank of New York Mellon Corp41,863$5.08M0.00%+840+2.0%Added
Goldman Sachs Group Inc41,390$5.02M0.00%+34,822+530.2%Added
Wealthcare Advisory Partners LLC37,555$4.56M0.09%−419−1.1%Reduced
UBS Group AG33,275$4.04M0.00%+22,604+211.8%Added
First Trust Advisors LP31,406$3.81M0.00%+25,043+393.6%Added
F/M Investments LLC31,000$3.76M0.15%00.0%Unchanged
Bank of America Corp30,707$3.73M0.00%+22,452+272.0%Added
JPMorgan Chase & Co26,452$3.21M0.00%+12,306+87.0%Added
Two Sigma Investments, LP25,112$3.05M0.00%+17,011+210.0%Added
Rafferty Asset Management, LLC24,670$2.99M0.01%+24,670New
Nuveen, LLC21,403$2.60M0.00%00.0%Unchanged
Principal Financial Group Inc20,566$2.49M0.00%+20,566New
Commonwealth Equity Services, LLC20,352$2.47M0.00%+16,470+424.3%Added
Swiss National Bank18,117$2.20M0.00%00.0%Unchanged
Dark Forest Capital Management LP17,705$2.15M0.08%+17,705New
FJ Capital Management LLC17,662$2.14M0.23%+17,662New
Linden Thomas Advisory Services, LLC17,644$2.14M0.22%+16+0.1%Added
Citigroup Inc17,151$2.08M0.00%+12,857+299.4%Added
UBS Asset Management Americas Inc17,142$2.08M0.00%−10,718−38.5%Reduced
Advisor Group Holdings, Inc.14,312$1.86M0.00%+20+0.1%Added
Raymond James Financial Inc15,100$1.83M0.00%00.0%Unchanged
Rhumbline Advisers14,572$1.77M0.00%−231−1.6%Reduced
Barclays PLC14,319$1.74M0.00%−3,288−18.7%Reduced
HighTower Advisors, LLC13,627$1.65M0.00%00.0%Unchanged
Invesco Ltd.13,336$1.62M0.00%+738+5.9%Added
AQR Capital Management LLC13,219$1.60M0.00%+2,171+19.7%Added
IHT Wealth Management, LLC12,617$1.53M0.04%−331−2.6%Reduced
John W. Rosenthal Capital Management, Inc.10,400$1.26M1.21%00.0%Unchanged
Legal & General Group Plc10,296$1.25M0.00%−645−5.9%Reduced
Ameriprise Financial Inc10,221$1.24M0.00%+50.0%Added
Beacon Pointe Advisors, LLC9,928$1.20M0.01%−40.0%Reduced
Alliancebernstein L.P.9,920$1.20M0.00%00.0%Unchanged
Nicolet Bankshares Inc8,914$1.08M0.17%00.0%Unchanged
California State Teachers Retirement System8,763$1.06M0.00%+10.0%Added
Harbour Investments, Inc.8,465$1.03M0.02%+4,215+99.2%Added
Jane Street Group, LLC8,078$979.9K0.00%−26,198−76.4%Reduced
Deutsche Bank AG7,735$938.3K0.00%+871+12.7%Added
Ellsworth Advisors, LLC7,025$918.5K0.20%−130−1.8%Reduced
SG Americas Securities, LLC7,488$908.0K0.00%+7,488New
Aquatic Capital Management LLC7,328$889.0K0.02%+4,689+177.7%Added
Wealth Enhancement Advisory Services, LLC6,573$866.1K0.00%+521+8.6%Added
US Bancorp7,125$864.3K0.00%−4−0.1%Reduced
Wells Fargo & Company6,852$831.2K0.00%−783−10.3%Reduced
Susquehanna International Group, LLP6,804$825.4K0.00%−5,037−42.5%Reduced
Moneta Group Investment Advisors LLC6,500$788.5K0.01%00.0%Unchanged
Franklin Resources Inc6,358$771.3K0.00%−379−5.6%Reduced
Thompson Investment Management, Inc.6,236$756.5K0.10%00.0%Unchanged
Steward Partners Investment Advisory, LLC6,000$727.9K0.00%00.0%Unchanged
Quantbot Technologies LP5,877$712.9K0.02%+5,877New
Great West Life Assurance Co5,564$672.0K0.00%00.0%Unchanged
Cetera Investment Advisers5,392$654.2K0.00%+5,392New
MetLife Investment Management5,372$651.7K0.00%−379−6.6%Reduced
N.E.W. Advisory Services LLC5,229$634.3K0.06%00.0%Unchanged
Susquehanna Portfolio Strategies, LLC5,054$613.1K0.01%+3,208+173.8%Added
Price T Rowe Associates Inc5,020$609.0K0.00%+398+8.6%Added
Regal Investment Advisors LLC4,950$600.5K0.04%00.0%Unchanged
McGlone Suttner Wealth Management, Inc.4,875$591.4K0.08%00.0%Unchanged
Manufacturers Life Insurance Company, The4,655$564.7K0.00%+1,180+34.0%Added
Legacy Private Trust Co.4,400$533.8K0.03%−520−10.6%Reduced
Mirae Asset Global ETFs Holdings Ltd.4,193$508.7K0.00%−837−16.6%Reduced
State of Wisconsin Investment Board4,171$506.0K0.00%+4,171New
Intech Investment Management LLC4,124$500.3K0.00%00.0%Unchanged
Susquehanna Fundamental Investments, LLC3,360$407.6K0.02%+3,360New
Janus Henderson Group PLC3,338$404.6K0.00%00.0%Unchanged
Toroso Investments, LLC3,293$399.5K0.00%+3,293New
New York State Common Retirement Fund3,263$395.8K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.3,200$388.2K0.00%00.0%Unchanged
Arrowstreet Capital, Limited Partnership3,117$378.1K0.00%+3,117New
Squarepoint Ops LLC2,969$360.2K0.00%+2,969New
Arizona State Retirement System2,774$336.5K0.00%+6+0.2%Added
Csenge Advisory Group2,689$326.2K0.02%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey2,540$308.1K0.00%+442+21.1%Added
DRW Securities, LLC2,431$294.9K0.02%+2,431New
Point72 Asset Management, L.P.2,254$273.4K0.00%+2,254New
Virtu Financial LLC2,200$267.0K0.01%+2,200New
Hanlon Investment Management, Inc.2,200$266.9K0.16%00.0%Unchanged
BNP Paribas Arbitrage, SA2,162$262.3K0.00%+1,346+165.0%Added
Teacher Retirement System of Texas2,128$258.1K0.00%+140+7.0%Added
Public Employees Retirement Association of Colorado2,101$255.0K0.00%+2,101New
Equitable Holdings, Inc.2,100$254.8K0.00%00.0%Unchanged
TCFG Wealth Management, LLC2,022$245.3K0.10%00.0%Unchanged
Caxton Associates LLP1,987$241.0K0.01%+1,987New
Mariner, LLC1,907$231.3K0.00%+68+3.7%Added
KLP Kapitalforvaltning AS1,900$231.2K0.00%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.1,873$227.0K0.00%+18+1.0%Added