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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
Quest Partners LLC1$1220.00%00.0%Unchanged
UMA Financial Services, Inc.4$4880.00%+4New
Smartleaf Asset Management LLC4$4920.00%00.0%Unchanged
Keating Financial Advisory Services, Inc.5$6090.00%+5New
Covestor Ltd8$1.00K0.00%−2−20.0%Reduced
SRS Capital Advisors, Inc.12$1.46K0.00%−117−90.7%Reduced
True Wealth Design, LLC13$1.58K0.00%00.0%Unchanged
Signaturefd, LLC15$1.83K0.00%+15New
IFP Advisors, Inc16$1.95K0.00%00.0%Unchanged
Optiver Holding B.V.22$2.68K0.00%−40−64.5%Reduced
Los Angeles Capital Management LLC22$2.75K0.00%+22New
Allworth Financial LP23$2.80K0.00%+1+4.5%Added
Quadrant Capital Group LLC29$3.53K0.00%00.0%Unchanged
Jones Financial Companies LLLP40$4.87K0.00%00.0%Unchanged
Larson Financial Group LLC43$5.24K0.00%+37+616.7%Added
Harbor Capital Advisors, Inc.48$6.00K0.00%−1−2.0%Reduced
Quarry LP64$7.80K0.00%+64New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.90$11.0K0.00%+25+38.5%Added
Rockefeller Capital Management L.P.94$11.5K0.00%+94New
GAMMA Investing LLC99$12.1K0.00%+66+200.0%Added
Eurizon Capital SGR S.p.A.125$15.2K0.00%+125New
Ancora Advisors, LLC174$21.2K0.00%00.0%Unchanged
Copeland Capital Management, LLC178$21.7K0.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co204$24.9K0.00%+184+920.0%Added
Amalgamated Bank285$35.0K0.00%−51−15.2%Reduced
Royal Bank of Canada305$36.0K0.00%+149+95.5%Added
Caitong International Asset Management Co., Ltd370$45.1K0.01%+297+406.8%Added
Sterling Capital Management LLC448$54.6K0.00%−80−15.2%Reduced
Nisa Investment Advisors, LLC503$61.5K0.00%−207−29.2%Reduced
Johnson Financial Group, Inc.665$81.3K0.00%00.0%Unchanged
Russell Investments Group, Ltd.725$88.3K0.00%−46−6.0%Reduced
Ameritas Investment Partners, Inc.757$92.2K0.00%00.0%Unchanged
Kestra Advisory Services, LLC807$98.3K0.00%+807New
CWM, LLC906$110.0K0.00%+5+0.6%Added
FMR LLC1,023$124.6K0.00%+230+29.0%Added
Great West Life Assurance Co1,191$145.0K0.00%−4,373−78.6%Reduced
Aquatic Capital Management LLC1,278$155.7K0.00%−6,050−82.6%Reduced
Tower Research Capital LLC (TRC)1,565$190.6K0.00%+922+143.4%Added
ProShare Advisors LLC1,655$201.6K0.00%+1,655New
Voya Investment Management LLC1,706$207.8K0.00%−16−0.9%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH1,777$216.5K0.00%+1,777New
Cambridge Investment Research Advisors, Inc.1,873$228.0K0.00%00.0%Unchanged
Toroso Investments, LLC1,887$229.9K0.00%−1,406−42.7%Reduced
North Star Asset Management Inc1,932$235.4K0.01%+1,932New
LPL Financial LLC1,940$236.3K0.00%+1,940New
TCFG Wealth Management, LLC1,982$241.4K0.09%−40−2.0%Reduced
KLP Kapitalforvaltning AS2,000$244.4K0.00%+100+5.3%Added
Diversified Management Inc2,029$247.2K0.06%+2,029New
Equitable Holdings, Inc.2,100$255.8K0.00%00.0%Unchanged
Public Employees Retirement Association of Colorado2,101$256.0K0.00%00.0%Unchanged
Comprehensive Money Management Services LLC2,179$265.4K0.18%+2,179New
State of Alaska, Department of Revenue2,204$268.0K0.00%+1,808+456.6%Added
Hanlon Investment Management, Inc.2,200$268.0K0.15%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey2,263$275.7K0.00%−277−10.9%Reduced
Mueller Wealth, LLC2,311$281.6K0.23%+2,311New
Arizona State Retirement System2,617$318.8K0.00%−157−5.7%Reduced
Csenge Advisory Group2,689$327.6K0.01%00.0%Unchanged
DRW Securities, LLC2,882$351.1K0.03%+451+18.6%Added
The PNC Financial Services Group, Inc.3,200$389.8K0.00%00.0%Unchanged
New York State Common Retirement Fund3,263$397.5K0.00%00.0%Unchanged
Jackson Creek Investment Advisors LLC3,271$398.0K0.12%+3,271New
Janus Henderson Group PLC3,338$406.6K0.00%00.0%Unchanged
Virtu Financial LLC3,396$414.0K0.02%+1,196+54.4%Added
Intech Investment Management LLC3,554$432.9K0.00%−570−13.8%Reduced
Mirae Asset Global ETFs Holdings Ltd.4,212$513.1K0.00%+19+0.5%Added
Legacy Private Trust Co.4,220$514.1K0.03%−180−4.1%Reduced
Susquehanna International Group, LLP4,242$516.8K0.00%−2,562−37.7%Reduced
Manufacturers Life Insurance Company, The4,264$519.4K0.00%−391−8.4%Reduced
Voloridge Investment Management, LLC4,340$528.7K0.00%+4,340New
Susquehanna Fundamental Investments, LLC4,460$543.3K0.02%+1,100+32.7%Added
Susquehanna Portfolio Strategies, LLC4,554$554.8K0.01%−500−9.9%Reduced
Balyasny Asset Management LLC4,585$558.5K0.00%+4,585New
State of Wisconsin Investment Board4,648$566.2K0.00%+477+11.4%Added
McGlone Suttner Wealth Management, Inc.4,875$593.9K0.08%00.0%Unchanged
Regal Investment Advisors LLC4,950$603.0K0.04%00.0%Unchanged
BNP Paribas Arbitrage, SA5,060$616.4K0.00%+2,898+134.0%Added
MetLife Investment Management5,174$630.3K0.00%−198−3.7%Reduced
Price T Rowe Associates Inc5,276$643.0K0.00%+256+5.1%Added
N.E.W. Advisory Services LLC5,466$665.9K0.05%+237+4.5%Added
Quantinno Capital Management LP5,480$667.6K0.00%+3,783+222.9%Added
Arrowstreet Capital, Limited Partnership5,618$684.4K0.00%+2,501+80.2%Added
Asset Management One Co.,Ltd.5,568$698.7K0.00%+5,568New
Steward Partners Investment Advisory, LLC6,000$730.9K0.00%00.0%Unchanged
Wealth Enhancement Advisory Services, LLC6,043$746.3K0.00%−530−8.1%Reduced
Thompson Investment Management, Inc.6,236$759.7K0.10%00.0%Unchanged
Deutsche Bank AG6,308$768.4K0.00%−1,427−18.4%Reduced
SG Americas Securities, LLC6,358$775.0K0.00%−1,130−15.1%Reduced
Moneta Group Investment Advisors LLC6,500$791.8K0.01%00.0%Unchanged
Franklin Resources Inc6,697$815.8K0.00%+339+5.3%Added
US Bancorp7,125$868.0K0.00%00.0%Unchanged
Ellsworth Advisors, LLC7,199$934.2K0.18%+174+2.5%Added
Annex Advisory Services, LLC8,375$1.02M0.02%+8,375New
F/M Investments LLC8,500$1.04M0.04%−22,500−72.6%Reduced
Millennium Management LLC8,578$1.04M0.00%+8,578New
California State Teachers Retirement System8,748$1.07M0.00%−15−0.2%Reduced
Nicolet Bankshares Inc8,914$1.09M0.17%00.0%Unchanged
Legal & General Group Plc9,382$1.14M0.00%−914−8.9%Reduced
Harbour Investments, Inc.9,402$1.15M0.02%+937+11.1%Added
Beacon Pointe Advisors, LLC9,858$1.20M0.01%−70−0.7%Reduced
Alliancebernstein L.P.9,920$1.21M0.00%00.0%Unchanged