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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
Wells Fargo & Company10,250$1.25M0.00%+3,398+49.6%Added
John W. Rosenthal Capital Management, Inc.10,400$1.27M1.17%00.0%Unchanged
Ameriprise Financial Inc10,412$1.27M0.00%+191+1.9%Added
Citigroup Inc10,466$1.27M0.00%−6,685−39.0%Reduced
Bank of America Corp10,646$1.30M0.00%−20,061−65.3%Reduced
Rafferty Asset Management, LLC11,285$1.37M0.00%−13,385−54.3%Reduced
Citadel Advisors LLC12,281$1.50M0.00%+12,281New
Rhumbline Advisers12,367$1.51M0.00%−2,205−15.1%Reduced
IHT Wealth Management, LLC12,617$1.54M0.04%00.0%Unchanged
AQR Capital Management LLC13,188$1.61M0.00%−31−0.2%Reduced
HighTower Advisors, LLC13,416$1.63M0.00%−211−1.5%Reduced
Invesco Ltd.13,769$1.68M0.00%+433+3.2%Added
Advisor Group Holdings, Inc.14,209$1.73M0.00%−103−0.7%Reduced
JPMorgan Chase & Co14,760$1.80M0.00%−11,692−44.2%Reduced
Linden Thomas Advisory Services, LLC17,403$2.12M0.21%−241−1.4%Reduced
Barclays PLC18,204$2.22M0.00%+3,885+27.1%Added
Swiss National Bank18,417$2.24M0.00%+300+1.7%Added
Raymond James Financial Inc18,776$2.29M0.00%+3,676+24.3%Added
UBS Asset Management Americas Inc18,973$2.31M0.00%+1,831+10.7%Added
Two Sigma Investments, LP20,056$2.44M0.00%−5,056−20.1%Reduced
Nuveen, LLC20,802$2.53M0.00%−601−2.8%Reduced
Jane Street Group, LLC21,739$2.65M0.00%+13,661+169.1%Added
Bessemer Group Inc23,764$2.90M0.00%+23,764New
Principal Financial Group Inc31,845$3.88M0.00%+11,279+54.8%Added
Wealthcare Advisory Partners LLC37,580$4.58M0.09%+25+0.1%Added
UBS Group AG38,433$4.68M0.00%+5,158+15.5%Added
Bank of New York Mellon Corp40,396$4.92M0.00%−1,467−3.5%Reduced
David Loasby40,765$5.02M0.34%−4,460−9.9%Reduced
Stifel Financial Corp43,323$5.28M0.00%00.0%Unchanged
Goldman Sachs Group Inc46,422$5.66M0.00%+5,032+12.2%Added
American Century Companies Inc47,957$5.84M0.00%−36,360−43.1%Reduced
Morgan Stanley50,945$6.21M0.00%−4,395−7.9%Reduced
J.W. Cole Advisors, Inc.52,045$6.34M0.15%+52,045New
Renaissance Technologies LLC52,455$6.39M0.01%−22,045−29.6%Reduced
Creative Planning58,686$7.15M0.01%−3,437−5.5%Reduced
First Trust Advisors LP66,620$8.12M0.01%+35,214+112.1%Added
Charles Schwab Investment Management Inc74,764$9.11M0.00%−771−1.0%Reduced
Northern Trust Corp86,016$10.5M0.00%−5,844−6.4%Reduced
Bank of Montreal103,838$12.6M0.01%−67−0.1%Reduced
Dimensional Fund Advisors LP131,725$16.0M0.00%+24,700+23.1%Added
Merit Financial Group, LLC177,497$21.6M0.17%+99+0.1%Added
Geode Capital Management, LLC247,275$30.1M0.00%+8,308+3.5%Added
State Street Corp343,994$42.1M0.00%−77,834−18.5%Reduced
Vanguard Group Inc598,817$72.9M0.00%+10,052+1.7%Added
BlackRock, Inc.692,746$84.4M0.00%−1,376−0.2%Reduced
Commonwealth Equity Services, LLC0$00.00%−20,352−100.0%Sold out
Dark Forest Capital Management LP0$00.00%−17,705−100.0%Sold out
FJ Capital Management LLC0$00.00%−17,662−100.0%Sold out
Quantbot Technologies LP0$00.00%−5,877−100.0%Sold out
Cetera Investment Advisers0$00.00%−5,392−100.0%Sold out
Squarepoint Ops LLC0$00.00%−2,969−100.0%Sold out
Point72 Asset Management, L.P.0$00.00%−2,254−100.0%Sold out
Teacher Retirement System of Texas0$00.00%−2,128−100.0%Sold out
Caxton Associates LLP0$00.00%−1,987−100.0%Sold out
Mariner, LLC0$00.00%−1,907−100.0%Sold out
USA Financial Portformulas Corp0$00.00%−851−100.0%Sold out
Wealthspire Advisors, LLC0$00.00%−745−100.0%Sold out