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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, Q4 2025

Institutional positions in Bank First Corp as of Dec 31, 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
145
+12 vs. Q3 2025
Shares held
3.71M
−58.8K (−1.6%) vs. Q3 2025
Total value
$452.7M
−$5.87M (−1.3%) vs. Q3 2025
New holders
24
42 more added
Sold out
12
50 more reduced

Compare with Q3 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 holdersQ4 2025: 145 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 heldQ4 2025: $452.7M
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, Q4 2025

Shares, value and share of portfolio for each institution holding Bank First Corp; share changes are against Q3 2025.

Institutions holding BFC in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.692,746$84.4M0.00%−1,376−0.2%Reduced
Vanguard Group Inc598,817$72.9M0.00%+10,052+1.7%Added
State Street Corp343,994$42.1M0.00%−77,834−18.5%Reduced
Geode Capital Management, LLC247,275$30.1M0.00%+8,308+3.5%Added
Merit Financial Group, LLC177,497$21.6M0.17%+99+0.1%Added
Dimensional Fund Advisors LP131,725$16.0M0.00%+24,700+23.1%Added
Bank of Montreal103,838$12.6M0.01%−67−0.1%Reduced
Northern Trust Corp86,016$10.5M0.00%−5,844−6.4%Reduced
Charles Schwab Investment Management Inc74,764$9.11M0.00%−771−1.0%Reduced
First Trust Advisors LP66,620$8.12M0.01%+35,214+112.1%Added
Creative Planning58,686$7.15M0.01%−3,437−5.5%Reduced
Renaissance Technologies LLC52,455$6.39M0.01%−22,045−29.6%Reduced
J.W. Cole Advisors, Inc.52,045$6.34M0.15%+52,045New
Morgan Stanley50,945$6.21M0.00%−4,395−7.9%Reduced
American Century Companies Inc47,957$5.84M0.00%−36,360−43.1%Reduced
Goldman Sachs Group Inc46,422$5.66M0.00%+5,032+12.2%Added
Stifel Financial Corp43,323$5.28M0.00%00.0%Unchanged
David Loasby40,765$5.02M0.34%−4,460−9.9%Reduced
Bank of New York Mellon Corp40,396$4.92M0.00%−1,467−3.5%Reduced
UBS Group AG38,433$4.68M0.00%+5,158+15.5%Added
Wealthcare Advisory Partners LLC37,580$4.58M0.09%+25+0.1%Added
Principal Financial Group Inc31,845$3.88M0.00%+11,279+54.8%Added
Bessemer Group Inc23,764$2.90M0.00%+23,764New
Jane Street Group, LLC21,739$2.65M0.00%+13,661+169.1%Added
Nuveen, LLC20,802$2.53M0.00%−601−2.8%Reduced
Two Sigma Investments, LP20,056$2.44M0.00%−5,056−20.1%Reduced
UBS Asset Management Americas Inc18,973$2.31M0.00%+1,831+10.7%Added
Raymond James Financial Inc18,776$2.29M0.00%+3,676+24.3%Added
Swiss National Bank18,417$2.24M0.00%+300+1.7%Added
Barclays PLC18,204$2.22M0.00%+3,885+27.1%Added
Linden Thomas Advisory Services, LLC17,403$2.12M0.21%−241−1.4%Reduced
JPMorgan Chase & Co14,760$1.80M0.00%−11,692−44.2%Reduced
Advisor Group Holdings, Inc.14,209$1.73M0.00%−103−0.7%Reduced
Invesco Ltd.13,769$1.68M0.00%+433+3.2%Added
HighTower Advisors, LLC13,416$1.63M0.00%−211−1.5%Reduced
AQR Capital Management LLC13,188$1.61M0.00%−31−0.2%Reduced
IHT Wealth Management, LLC12,617$1.54M0.04%00.0%Unchanged
Rhumbline Advisers12,367$1.51M0.00%−2,205−15.1%Reduced
Citadel Advisors LLC12,281$1.50M0.00%+12,281New
Rafferty Asset Management, LLC11,285$1.37M0.00%−13,385−54.3%Reduced
Bank of America Corp10,646$1.30M0.00%−20,061−65.3%Reduced
Citigroup Inc10,466$1.27M0.00%−6,685−39.0%Reduced
Ameriprise Financial Inc10,412$1.27M0.00%+191+1.9%Added
John W. Rosenthal Capital Management, Inc.10,400$1.27M1.17%00.0%Unchanged
Wells Fargo & Company10,250$1.25M0.00%+3,398+49.6%Added
Alliancebernstein L.P.9,920$1.21M0.00%00.0%Unchanged
Beacon Pointe Advisors, LLC9,858$1.20M0.01%−70−0.7%Reduced
Harbour Investments, Inc.9,402$1.15M0.02%+937+11.1%Added
Legal & General Group Plc9,382$1.14M0.00%−914−8.9%Reduced
Nicolet Bankshares Inc8,914$1.09M0.17%00.0%Unchanged
California State Teachers Retirement System8,748$1.07M0.00%−15−0.2%Reduced
Millennium Management LLC8,578$1.04M0.00%+8,578New
F/M Investments LLC8,500$1.04M0.04%−22,500−72.6%Reduced
Annex Advisory Services, LLC8,375$1.02M0.02%+8,375New
Ellsworth Advisors, LLC7,199$934.2K0.18%+174+2.5%Added
US Bancorp7,125$868.0K0.00%00.0%Unchanged
Franklin Resources Inc6,697$815.8K0.00%+339+5.3%Added
Moneta Group Investment Advisors LLC6,500$791.8K0.01%00.0%Unchanged
SG Americas Securities, LLC6,358$775.0K0.00%−1,130−15.1%Reduced
Deutsche Bank AG6,308$768.4K0.00%−1,427−18.4%Reduced
Thompson Investment Management, Inc.6,236$759.7K0.10%00.0%Unchanged
Wealth Enhancement Advisory Services, LLC6,043$746.3K0.00%−530−8.1%Reduced
Steward Partners Investment Advisory, LLC6,000$730.9K0.00%00.0%Unchanged
Asset Management One Co.,Ltd.5,568$698.7K0.00%+5,568New
Arrowstreet Capital, Limited Partnership5,618$684.4K0.00%+2,501+80.2%Added
Quantinno Capital Management LP5,480$667.6K0.00%+3,783+222.9%Added
N.E.W. Advisory Services LLC5,466$665.9K0.05%+237+4.5%Added
Price T Rowe Associates Inc5,276$643.0K0.00%+256+5.1%Added
MetLife Investment Management5,174$630.3K0.00%−198−3.7%Reduced
BNP Paribas Arbitrage, SA5,060$616.4K0.00%+2,898+134.0%Added
Regal Investment Advisors LLC4,950$603.0K0.04%00.0%Unchanged
McGlone Suttner Wealth Management, Inc.4,875$593.9K0.08%00.0%Unchanged
State of Wisconsin Investment Board4,648$566.2K0.00%+477+11.4%Added
Balyasny Asset Management LLC4,585$558.5K0.00%+4,585New
Susquehanna Portfolio Strategies, LLC4,554$554.8K0.01%−500−9.9%Reduced
Susquehanna Fundamental Investments, LLC4,460$543.3K0.02%+1,100+32.7%Added
Voloridge Investment Management, LLC4,340$528.7K0.00%+4,340New
Manufacturers Life Insurance Company, The4,264$519.4K0.00%−391−8.4%Reduced
Susquehanna International Group, LLP4,242$516.8K0.00%−2,562−37.7%Reduced
Legacy Private Trust Co.4,220$514.1K0.03%−180−4.1%Reduced
Mirae Asset Global ETFs Holdings Ltd.4,212$513.1K0.00%+19+0.5%Added
Intech Investment Management LLC3,554$432.9K0.00%−570−13.8%Reduced
Virtu Financial LLC3,396$414.0K0.02%+1,196+54.4%Added
Janus Henderson Group PLC3,338$406.6K0.00%00.0%Unchanged
Jackson Creek Investment Advisors LLC3,271$398.0K0.12%+3,271New
New York State Common Retirement Fund3,263$397.5K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.3,200$389.8K0.00%00.0%Unchanged
DRW Securities, LLC2,882$351.1K0.03%+451+18.6%Added
Csenge Advisory Group2,689$327.6K0.01%00.0%Unchanged
Arizona State Retirement System2,617$318.8K0.00%−157−5.7%Reduced
Mueller Wealth, LLC2,311$281.6K0.23%+2,311New
Police & Firemen's Retirement System of New Jersey2,263$275.7K0.00%−277−10.9%Reduced
Hanlon Investment Management, Inc.2,200$268.0K0.15%00.0%Unchanged
State of Alaska, Department of Revenue2,204$268.0K0.00%+1,808+456.6%Added
Comprehensive Money Management Services LLC2,179$265.4K0.18%+2,179New
Public Employees Retirement Association of Colorado2,101$256.0K0.00%00.0%Unchanged
Equitable Holdings, Inc.2,100$255.8K0.00%00.0%Unchanged
Diversified Management Inc2,029$247.2K0.06%+2,029New
KLP Kapitalforvaltning AS2,000$244.4K0.00%+100+5.3%Added
TCFG Wealth Management, LLC1,982$241.4K0.09%−40−2.0%Reduced