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Nicolet Bankshares Inc

NIC
Exchange
NYSE
Industry
National Commercial Banks
SEC CIK
0001174850

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.

13F holders, Q4 2025

Institutional positions in Nicolet Bankshares Inc 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
200
+24 vs. Q3 2025
Shares held
8.18M
+819.0K (+11.1%) vs. Q3 2025
Total value
$992.1M
+$2.74M (+0.3%) vs. Q3 2025
New holders
38
69 more added
Sold out
14
62 more reduced

5 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 NIC 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: 200 institutions
Q1 2021: 97 institutionsQ2 2021: 108 institutionsQ3 2021: 122 institutionsQ4 2021: 132 institutionsQ1 2022: 137 institutionsQ2 2022: 134 institutionsQ3 2022: 126 institutionsQ4 2022: 130 institutionsQ1 2023: 119 institutionsQ2 2023: 114 institutionsQ3 2023: 116 institutionsQ4 2023: 119 institutionsQ1 2024: 124 institutionsQ2 2024: 121 institutionsQ3 2024: 141 institutionsQ4 2024: 152 institutionsQ1 2025: 158 institutionsQ2 2025: 165 institutionsQ3 2025: 181 institutionsQ4 2025: 200 institutionsQ1 2026: 240 institutionsQ2 2026: 255 institutions
Value heldQ4 2025: $992.1M
Q1 2021: $333.7MQ2 2021: $291.8MQ3 2021: $378.9MQ4 2021: $441.1MQ1 2022: $533.7MQ2 2022: $405.3MQ3 2022: $389.0MQ4 2022: $383.4MQ1 2023: $315.6MQ2 2023: $363.5MQ3 2023: $375.2MQ4 2023: $445.4MQ1 2024: $500.6MQ2 2024: $491.0MQ3 2024: $581.6MQ4 2024: $668.6MQ1 2025: $828.9MQ2 2025: $929.8MQ3 2025: $990.6MQ4 2025: $992.1MQ1 2026: $1.66BQ2 2026: $2.17B
Institutions holding NIC and their total value by quarter
QuarterHoldersValue
Q2 2026255$2.17B
Q1 2026240$1.66B
Q4 2025200$992.1M
Q3 2025181$990.6M
Q2 2025165$929.8M
Q1 2025158$828.9M
Q4 2024152$668.6M
Q3 2024141$581.6M
Q2 2024121$491.0M
Q1 2024124$500.6M
Q4 2023119$445.4M
Q3 2023116$375.2M
Q2 2023114$363.5M
Q1 2023119$315.6M
Q4 2022130$383.4M
Q3 2022126$389.0M
Q2 2022134$405.3M
Q1 2022137$533.7M
Q4 2021132$441.1M
Q3 2021122$378.9M
Q2 2021108$291.8M
Q1 202197$333.7M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Nicolet Bankshares Inc; share changes are against Q3 2025.

Institutions holding NIC in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Caitong International Asset Management Co., Ltd1$1210.00%−58−98.3%Reduced
IFP Advisors, Inc1$1210.00%00.0%Unchanged
Comerica Bank1$1210.00%+1New
Larson Financial Group LLC1$1210.00%+1New
Essential Partners LLC2$2430.00%00.0%Unchanged
Sunbelt Securities, Inc.3$3640.00%00.0%Unchanged
Trust Co3$3640.00%+3New
UMA Financial Services, Inc.4$4860.00%+4New
Allworth Financial LP5$6070.00%−25−83.3%Reduced
Bruce G. Allen Investments, LLC6$7280.00%00.0%Unchanged
Covestor Ltd8$1.00K0.00%00.0%Unchanged
Smartleaf Asset Management LLC15$1.83K0.00%00.0%Unchanged
Global Retirement Partners, LLC18$2.18K0.00%+18New
Rockefeller Capital Management L.P.22$2.67K0.00%−8−26.7%Reduced
Optiver Holding B.V.24$2.91K0.00%−52−68.4%Reduced
GAMMA Investing LLC54$6.55K0.00%+13+31.7%Added
Harbor Capital Advisors, Inc.62$8.00K0.00%−1−1.6%Reduced
Eurizon Capital SGR S.p.A.67$8.13K0.00%+67New
SRS Capital Advisors, Inc.75$9.10K0.00%−139−65.0%Reduced
Nisa Investment Advisors, LLC102$12.4K0.00%−37−26.6%Reduced
Public Employees Retirement System of Ohio106$12.9K0.00%−7−6.2%Reduced
Quarry LP112$13.6K0.00%+86+330.8%Added
Signaturefd, LLC136$16.5K0.00%+113+491.3%Added
Farther Finance Advisors, LLC143$17.3K0.00%+62+76.5%Added
US Bancorp215$26.1K0.00%00.0%Unchanged
Parallel Advisors, LLC241$29.2K0.00%00.0%Unchanged
Jones Financial Companies LLLP320$38.8K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC346$42.0K0.00%−1−0.3%Reduced
Meeder Asset Management Inc399$48.4K0.00%+399New
Amalgamated Bank417$51.0K0.00%−46−9.9%Reduced
Clearstead Advisors, LLC451$54.7K0.00%+297+192.9%Added
Winch Advisory Services, LLC513$62.2K0.01%+1+0.2%Added
Sterling Capital Management LLC576$69.9K0.00%−101−14.9%Reduced
Parkside Financial Bank & Trust587$71.2K0.01%−2−0.3%Reduced
KBC Group NV591$72.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)678$82.2K0.00%−426−38.6%Reduced
Caldwell Sutter Capital, Inc.720$87.3K0.04%00.0%Unchanged
Rothschild Investment LLC832$100.9K0.01%+2+0.2%Added
Umb Bank N A840$101.9K0.00%+840New
IAG Wealth Partners, LLC1,017$123.4K0.01%00.0%Unchanged
Russell Investments Group, Ltd.1,055$128.0K0.00%−68−6.1%Reduced
Ameritas Investment Partners, Inc.1,129$136.9K0.00%00.0%Unchanged
Great West Life Assurance Co1,396$169.0K0.00%00.0%Unchanged
Harbour Investments, Inc.1,394$169.1K0.00%00.0%Unchanged
Federated Hermes, Inc.1,414$171.5K0.00%00.0%Unchanged
Balyasny Asset Management LLC1,672$202.8K0.00%−3,775−69.3%Reduced
O'Shaughnessy Asset Management, LLC1,733$210.2K0.00%−94−5.1%Reduced
Commonwealth Equity Services, LLC1,770$214.8K0.00%+207+13.2%Added
Quantbot Technologies LP1,781$216.0K0.01%+1,781New
Ballentine Partners, LLC1,871$227.0K0.00%−14−0.7%Reduced
Pictet Asset Management Holding SA1,903$230.8K0.00%00.0%Unchanged
Public Employees Retirement Association of Colorado1,936$235.0K0.00%00.0%Unchanged
MQS Management LLC1,968$238.7K0.14%−30−1.5%Reduced
Heck Capital Advisors, LLC2,000$242.6K0.02%00.0%Unchanged
Graham Capital Management, L.P.2,000$242.6K0.01%+2,000New
Quadrant Capital Group LLC2,019$244.9K0.01%−4−0.2%Reduced
Smith Group Asset Management, LLC2,041$247.6K0.01%+52+2.6%Added
ProShare Advisors LLC2,424$294.0K0.00%+113+4.9%Added
Voya Investment Management LLC2,490$302.0K0.00%−22−0.9%Reduced
Blair William & Co2,574$312.2K0.00%+770+42.7%Added
Caxton Associates LLP2,710$328.7K0.01%+2,710New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.2,745$333.0K0.00%+2,693+5,178.8%Added
KLP Kapitalforvaltning AS2,800$339.6K0.00%−200−6.7%Reduced
Susquehanna Portfolio Strategies, LLC2,835$343.9K0.01%00.0%Unchanged
LPL Financial LLC2,836$344.0K0.00%+126+4.6%Added
Gsa Capital Partners LLP2,844$345.0K0.03%+2,844New
Two Sigma Advisers, LP2,900$351.8K0.00%+2,900New
MAI Capital Management2,903$352.1K0.00%+3+0.1%Added
BNP Paribas Arbitrage, SA2,921$354.3K0.00%+190+7.0%Added
Foundations Investment Advisors, LLC2,963$359.4K0.00%−37−1.2%Reduced
Huntington National Bank3,000$363.9K0.00%00.0%Unchanged
Angel Oak Capital Advisors, LLC3,000$363.9K0.53%+3,000New
State of Alaska, Department of Revenue3,034$367.0K0.00%+2,439+409.9%Added
Man Group plc3,229$391.7K0.00%+3,229New
Zurcher Kantonalbank (Zurich Cantonalbank)3,353$406.7K0.00%+1,511+82.0%Added
Alps Advisors Inc3,417$414.5K0.00%+28+0.8%Added
Dark Forest Capital Management LP3,587$435.1K0.02%−3,212−47.2%Reduced
EntryPoint Capital, LLC3,604$437.2K0.17%+3,604New
Teacher Retirement System of Texas3,657$443.6K0.00%−1,157−24.0%Reduced
Quantinno Capital Management LP3,661$444.1K0.00%+3,661New
Legato Capital Management LLC3,675$445.8K0.04%+3,675New
Integrated Quantitative Investments LLC3,675$445.8K0.10%+3,675New
Triasima Portfolio Management inc.3,720$451.2K0.07%−45−1.2%Reduced
Police & Firemen's Retirement System of New Jersey3,743$454.0K0.00%00.0%Unchanged
Arizona State Retirement System3,750$454.9K0.00%−266−6.6%Reduced
HighTower Advisors, LLC3,919$475.4K0.00%−29−0.7%Reduced
McGlone Suttner Wealth Management, Inc.4,106$498.1K0.07%+6+0.1%Added
DRW Securities, LLC4,136$501.7K0.04%+4,136New
Baird Financial Group, Inc.4,227$512.7K0.00%−98−2.3%Reduced
Connor, Clark & Lunn Investment Management Ltd.4,310$522.8K0.00%+131+3.1%Added
State of Wisconsin Investment Board4,328$525.0K0.00%+754+21.1%Added
CWM, LLC4,484$544.0K0.00%−1,783−28.5%Reduced
NorthRock Partners, LLC4,530$549.5K0.01%+119+2.7%Added
Brevan Howard Capital Management LP4,586$556.3K0.01%+4,586New
New York State Common Retirement Fund4,811$583.6K0.00%00.0%Unchanged
KLCM Advisors, Inc.5,500$667.1K0.06%+4,000+266.7%Added
Los Angeles Capital Management LLC5,818$675.2K0.00%00.0%Unchanged
Intech Investment Management LLC5,588$677.8K0.01%−596−9.6%Reduced
Fisher Asset Management, LLC5,811$704.9K0.00%−2,330−28.6%Reduced
Old Mission Investment Co LLC5,839$708.3K0.17%00.0%Unchanged