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National Bank Holdings Corp

NBHC
Exchange
NYSE
Industry
National Commercial Banks
SEC CIK
0001475841

No open-market purchases or sales by National Bank Holdings Corp insiders were filed in the last 90 days; 224 institutions reported holding it in 13F filings for Q2 2026, worth $1.83B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in National Bank Holdings 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
228
+23 vs. Q3 2025
Shares held
36.8M
−39.8K (−0.1%) vs. Q3 2025
Total value
$1.40B
−$24.6M (−1.7%) vs. Q3 2025
New holders
42
77 more added
Sold out
19
83 more reduced

2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NBHC 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: 228 institutions
Q1 2021: 153 institutionsQ2 2021: 159 institutionsQ3 2021: 157 institutionsQ4 2021: 169 institutionsQ1 2022: 167 institutionsQ2 2022: 162 institutionsQ3 2022: 161 institutionsQ4 2022: 166 institutionsQ1 2023: 145 institutionsQ2 2023: 144 institutionsQ3 2023: 149 institutionsQ4 2023: 147 institutionsQ1 2024: 150 institutionsQ2 2024: 149 institutionsQ3 2024: 152 institutionsQ4 2024: 167 institutionsQ1 2025: 179 institutionsQ2 2025: 189 institutionsQ3 2025: 207 institutionsQ4 2025: 228 institutionsQ1 2026: 216 institutionsQ2 2026: 224 institutions
Value heldQ4 2025: $1.40B
Q1 2021: $1.18BQ2 2021: $1.12BQ3 2021: $1.19BQ4 2021: $1.29BQ1 2022: $1.18BQ2 2022: $1.14BQ3 2022: $1.09BQ4 2022: $1.39BQ1 2023: $1.13BQ2 2023: $983.3MQ3 2023: $1.01BQ4 2023: $1.30BQ1 2024: $1.26BQ2 2024: $1.43BQ3 2024: $1.59BQ4 2024: $1.60BQ1 2025: $1.41BQ2 2025: $1.39BQ3 2025: $1.43BQ4 2025: $1.40BQ1 2026: $1.62BQ2 2026: $1.83B
Institutions holding NBHC and their total value by quarter
QuarterHoldersValue
Q2 2026224$1.83B
Q1 2026216$1.62B
Q4 2025228$1.40B
Q3 2025207$1.43B
Q2 2025189$1.39B
Q1 2025179$1.41B
Q4 2024167$1.60B
Q3 2024152$1.59B
Q2 2024149$1.43B
Q1 2024150$1.26B
Q4 2023147$1.30B
Q3 2023149$1.01B
Q2 2023144$983.3M
Q1 2023145$1.13B
Q4 2022166$1.39B
Q3 2022161$1.09B
Q2 2022162$1.14B
Q1 2022167$1.18B
Q4 2021169$1.29B
Q3 2021157$1.19B
Q2 2021159$1.12B
Q1 2021153$1.18B

Institutions, Q4 2025

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

Institutions holding NBHC in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Covestor Ltd8$00.00%+1+14.3%Added
Dunhill Financial, LLC1$300.00%+1New
Huntington National Bank1$380.00%00.0%Unchanged
Gilpin Wealth Management, LLC2$770.00%+2New
Ankerstar Wealth, LLC3$1140.00%+3New
Caitong International Asset Management Co., Ltd6$2280.00%−38−86.4%Reduced
National Bank of Canada7$2660.00%+7New
CIBC Private Wealth Group, LLC9$3420.00%+9New
SBI Securities Co., Ltd.11$4180.00%00.0%Unchanged
Larson Financial Group LLC11$4180.00%+11New
Clearstead Advisors, LLC12$4570.00%−206−94.5%Reduced
Bare Financial Services, Inc14$5320.00%−6−30.0%Reduced
UMA Financial Services, Inc.14$5330.00%+14New
Jones Financial Companies LLLP16$6080.00%00.0%Unchanged
SJS Investment Consulting Inc.19$7230.00%+19New
Rockefeller Capital Management L.P.20$7600.00%−92−82.1%Reduced
Farmers & Merchants Investments Inc23$8740.00%−3−11.5%Reduced
Sunbelt Securities, Inc.33$1.25K0.00%+18+120.0%Added
Cedar Mountain Advisors, LLC34$1.29K0.00%+34New
Elyxium Wealth, LLC45$1.71K0.00%+45New
WPG Advisers, LLC67$2.55K0.00%+10+17.5%Added
Fifth Third Bancorp87$3.31K0.00%+17+24.3%Added
Optiver Holding B.V.90$3.42K0.00%−140−60.9%Reduced
Torren Management, LLC90$3.42K0.00%+90New
Optima Capital LLC103$3.92K0.00%+103New
MAI Capital Management104$3.95K0.00%+72+225.0%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.113$4.28K0.00%00.0%Unchanged
Hantz Financial Services, Inc.138$5.00K0.00%−275−66.6%Reduced
Los Angeles Capital Management LLC156$5.64K0.00%+156New
Umb Bank N A160$6.08K0.00%+54+50.9%Added
True Wealth Design, LLC183$6.96K0.00%+55+43.0%Added
Sound Income Strategies, LLC178$7.29K0.00%+178New
Farther Finance Advisors, LLC250$9.50K0.00%+63+33.7%Added
Eurizon Capital SGR S.p.A.270$10.3K0.00%+270New
Parkside Financial Bank & Trust317$12.1K0.00%−1−0.3%Reduced
Rothschild Investment LLC334$12.7K0.00%+140+72.2%Added
Quarry LP347$13.2K0.00%−1,472−80.9%Reduced
Versant Capital Management, Inc351$13.3K0.00%00.0%Unchanged
TD Waterhouse Canada Inc.384$14.6K0.00%00.0%Unchanged
Salomon & Ludwin, LLC508$19.8K0.00%+250+96.9%Added
Essential Partners LLC564$21.4K0.01%+191+51.2%Added
IFP Advisors, Inc583$22.2K0.00%+542+1,322.0%Added
Allworth Financial LP596$22.7K0.00%+425+248.5%Added
Smartleaf Asset Management LLC652$24.9K0.00%+146+28.9%Added
Aster Capital Management (DIFC) Ltd754$28.7K0.01%−42−5.3%Reduced
EverSource Wealth Advisors, LLC764$29.0K0.00%+235+44.4%Added
GAMMA Investing LLC864$32.8K0.00%+15+1.8%Added
Pinnacle Wealth Planning Services, Inc.1,141$43.4K0.00%+1,141New
Meeder Asset Management Inc1,251$47.6K0.00%+1,251New
Assetmark, Inc1,413$53.7K0.00%−67−4.5%Reduced
KBC Group NV1,576$60.0K0.00%00.0%Unchanged
Global Retirement Partners, LLC1,724$65.5K0.00%+1,724New
Quadrant Capital Group LLC1,766$67.1K0.00%00.0%Unchanged
State of Wyoming1,828$69.5K0.01%+1,828New
The PNC Financial Services Group, Inc.2,067$78.6K0.00%+123+6.3%Added
Sterling Capital Management LLC2,186$83.1K0.00%−440−16.8%Reduced
FMR LLC2,252$85.6K0.00%+779+52.9%Added
Public Employees Retirement Association of Colorado2,343$89.0K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.3,168$120.4K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)3,271$124.3K0.00%+1,822+125.7%Added
Nisa Investment Advisors, LLC3,283$124.8K0.00%+499+17.9%Added
Quantbot Technologies LP3,314$126.0K0.00%−30,628−90.2%Reduced
Kestra Advisory Services, LLC4,430$168.4K0.00%+4,430New
Man Group plc5,360$203.7K0.00%+5,360New
Bank of Montreal5,457$207.4K0.00%00.0%Unchanged
Maryland State Retirement & Pension System5,470$207.9K0.00%00.0%Unchanged
Envestnet Asset Management Inc5,512$209.5K0.00%−672−10.9%Reduced
Swiss Life Asset Management Ltd5,581$212.1K0.00%+5,581New
Advisor Group Holdings, Inc.5,785$219.9K0.00%−438−7.0%Reduced
Aigen Investment Management, LP5,806$220.7K0.05%−8,558−59.6%Reduced
Johnson Investment Counsel Inc5,890$223.9K0.00%−702−10.6%Reduced
Jain Global LLC6,157$234.0K0.00%+6,157New
Graham Capital Management, L.P.6,831$259.6K0.01%+6,831New
Voya Investment Management LLC7,020$266.8K0.00%−170−2.4%Reduced
DRW Securities, LLC7,105$270.1K0.02%−2,033−22.2%Reduced
Handelsbanken Fonder AB7,300$277.0K0.00%00.0%Unchanged
ProShare Advisors LLC7,371$280.2K0.00%+225+3.1%Added
Brandywine Global Investment Management, LLC7,386$280.7K0.00%−300−3.9%Reduced
Sciencast Management LP7,604$289.0K0.04%−2,109−21.7%Reduced
KLP Kapitalforvaltning AS8,100$307.9K0.00%−600−6.9%Reduced
Comerica Bank8,241$313.2K0.00%−2,097−20.3%Reduced
Mercer Global Advisors Inc8,581$326.2K0.00%+8,581New
STRS Ohio8,600$326.9K0.00%+1,300+17.8%Added
Oregon Public Employees Retirement Fund8,665$329.4K0.00%+100+1.2%Added
ISAM Funds (UK) Ltd8,971$341.0K0.12%+8,971New
Paradigm Capital Management Inc9,000$342.1K0.01%00.0%Unchanged
Aquatic Capital Management LLC9,089$345.5K0.01%−24,276−72.8%Reduced
Teachers Retirement System of the State of Kentucky9,265$352.0K0.00%−717−7.2%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys9,363$355.9K0.00%−326−3.4%Reduced
Envestnet Portfolio Solutions, Inc.9,387$356.8K0.00%−214−2.2%Reduced
Martingale Asset Management L P9,400$357.3K0.01%+9,400New
New York State Teachers Retirement System9,506$361.0K0.00%+100+1.1%Added
Jump Financial, LLC9,508$361.4K0.00%−7,298−43.4%Reduced
MQS Management LLC9,557$363.3K0.21%+858+9.9%Added
First Citizens Bank & Trust Co9,757$370.9K0.01%−227−2.3%Reduced
Keybank National Association10,029$381.2K0.00%−903−8.3%Reduced
Canada Pension Plan Investment Board10,100$383.9K0.00%+10,100New
True North Advisors, LLC10,222$388.5K0.05%+131+1.3%Added
Police & Firemen's Retirement System of New Jersey10,490$398.7K0.00%00.0%Unchanged
State Board of Administration of Florida Retirement System10,519$399.8K0.00%00.0%Unchanged