Nicolet Bankshares Inc

NIC

Exchange: NYSE
Industry: National Commercial Banks
SEC CIK: 0001174850

SEC filings (opens in a new tab)

In the last 90 days, Nicolet Bankshares Inc insiders filed 0 open-market purchases and 2 sales; 255 institutions reported holding it in 13F filings for Q2 2026, worth $2.17B in total; no superinvestor holds it.

Q4 2025 vs. Q3 2025

How the institutions holding Nicolet Bankshares Inc changed between Q3 2025 and Q4 2025.

All holders in Q4 2025 All holders in Q3 2025

13F holders of NIC: Q3 2025 compared with Q4 2025
Measure	Q3 2025	Of which not filed for Q4 2025	Q4 2025	Change
Holders	181	5	200	+24
Shares	7.37M	9.51K	8.18M	+819.0K (+11.1%)
Value	$990.6M	$1.28M	$992.1M	+$2.74M (+0.3%)

5 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (38)

Institutions that held Nicolet Bankshares Inc at the end of Q4 2025 but not at the end of Q3 2025.

Institutions new to NIC in Q4 2025
Institution	Shares	Value	% of portfolio
Citadel Advisors LLC	225,815	$27.4M	0.02%
Millennium Management LLC	65,534	$7.95M	0.01%
Jupiter Asset Management Ltd	45,453	$5.51M	0.04%
D. E. Shaw & Co., Inc.	42,697	$5.18M	0.00%
Renaissance Technologies LLC	38,332	$4.65M	0.01%
Marshall Wace, LLP	35,668	$4.33M	0.00%
Bessemer Group Inc	24,278	$2.94M	0.00%
HRT Financial LP	16,924	$2.05M	0.01%
Virtu Financial LLC	16,887	$2.05M	0.08%
Raymond James Financial Inc	14,174	$1.72M	0.00%
Engineers Gate Manager LP	13,556	$1.64M	0.02%
Lazard Asset Management LLC	12,134	$1.47M	0.00%
Arrowstreet Capital, Limited Partnership	10,136	$1.23M	0.00%
Ellsworth Advisors, LLC	6,358	$846.1K	0.17%
Canada Pension Plan Investment Board	6,400	$776.3K	0.00%
Odyssean, LLC	6,146	$745.5K	0.54%
Aigen Investment Management, LP	5,960	$722.9K	0.17%
Brevan Howard Capital Management LP	4,586	$556.3K	0.01%
DRW Securities, LLC	4,136	$501.7K	0.04%
Integrated Quantitative Investments LLC	3,675	$445.8K	0.10%
Legato Capital Management LLC	3,675	$445.8K	0.04%
Quantinno Capital Management LP	3,661	$444.1K	0.00%
EntryPoint Capital, LLC	3,604	$437.2K	0.17%
Man Group plc	3,229	$391.7K	0.00%
Angel Oak Capital Advisors, LLC	3,000	$363.9K	0.53%
Two Sigma Advisers, LP	2,900	$351.8K	0.00%
Gsa Capital Partners LLP	2,844	$345.0K	0.03%
Caxton Associates LLP	2,710	$328.7K	0.01%
Graham Capital Management, L.P.	2,000	$242.6K	0.01%
Quantbot Technologies LP	1,781	$216.0K	0.01%
Umb Bank N A	840	$101.9K	0.00%
Meeder Asset Management Inc	399	$48.4K	0.00%
Eurizon Capital SGR S.p.A.	67	$8.13K	0.00%
Global Retirement Partners, LLC	18	$2.18K	0.00%
UMA Financial Services, Inc.	4	$486	0.00%
Trust Co	3	$364	0.00%
Comerica Bank	1	$121	0.00%
Larson Financial Group LLC	1	$121	0.00%

Sold out (14)

Institutions that held Nicolet Bankshares Inc at the end of Q3 2025 and filed for Q4 2025 without it.

Institutions that sold out of NIC in Q4 2025
Institution	Shares, Q3 2025	Value, Q3 2025
Qube Research & Technologies Ltd	49,468	$6.65M
EAM Investors, LLC	16,236	$2.15M
Stifel Financial Corp	15,791	$2.12M
Panagora Asset Management Inc	13,558	$1.82M
Victory Capital Management Inc	6,222	$836.9K
Verus Wealth Management, LLC	5,250	$706.1K
Diversified Trust Co	2,177	$292.8K
Clarkston Capital Partners, LLC	1,555	$209.1K
PDT Partners, LLC	1,497	$201.3K
Prudential Financial Inc	1,496	$201.2K
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management	1,489	$200.3K
Wealthspire Advisors, LLC	975	$131.1K
USA Financial Portformulas Corp	138	$18.6K
Marquette Asset Management, LLC	17	$2.29K

Not filed for Q4 2025 yet (5)

Institutions that held Nicolet Bankshares Inc at the end of Q3 2025 and haven't filed a 13F for Q4 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding NIC in Q3 2025 that haven't filed for Q4 2025
Institution	Shares, Q3 2025	Value, Q3 2025
Cubist Systematic Strategies, LLC	8,035	$1.08M
Shell Asset Management Co	540	$73.0K
Point72 (DIFC) Ltd	525	$70.6K
Point72 Asia (Singapore) Pte. Ltd.	314	$42.2K
Hemington Wealth Management	92	$12.0K