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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, Q1 2026

Institutional positions in Nicolet Bankshares Inc as of Mar 31, 2026. 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
240
+44 vs. Q4 2025
Shares held
11.2M
+3.79M (+51.0%) vs. Q4 2025
Total value
$1.66B
+$758.7M (+84.2%) vs. Q4 2025
New holders
73
104 more added
Sold out
29
42 more reduced

4 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 240 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 heldQ1 2026: $1.66B
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, Q1 2026

Shares, value and share of portfolio for each institution holding Nicolet Bankshares Inc; share changes are against Q4 2025.

Institutions holding NIC in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.1,624,827$241.5M0.00%+496,383+44.0%Added
Vanguard Capital Management LLC819,810$121.8M0.00%+819,810New
Dimensional Fund Advisors LP819,274$121.8M0.03%+198,997+32.1%Added
State Street Corp711,361$105.7M0.00%+252,637+55.1%Added
Westwood Holdings Group Inc.486,751$72.3M0.53%+486,751New
Geode Capital Management, LLC456,977$67.9M0.00%+147,331+47.6%Added
American Century Companies Inc324,618$48.2M0.02%+125,499+63.0%Added
FJ Capital Management LLC306,381$45.5M5.13%+285,960+1,400.3%Added
Boston Partners305,436$45.4M0.05%+117,628+62.6%Added
Goldman Sachs Group Inc279,684$41.6M0.01%+159,466+132.6%Added
First Trust Advisors LP262,124$39.0M0.03%−126,364−32.5%Reduced
Jennison Associates LLC213,927$31.8M0.02%+213,927New
Silvercrest Asset Management Group LLC211,452$31.4M0.23%+211,452New
Alliancebernstein L.P.255,190$31.0M0.01%+21,402+9.2%Added
Manufacturers Life Insurance Company, The204,236$30.4M0.03%+746+0.4%Added
Invesco Ltd.204,011$30.3M0.00%+183,071+874.3%Added
Northern Trust Corp203,567$30.3M0.00%+83,311+69.3%Added
Charles Schwab Investment Management Inc157,752$23.4M0.00%+47,541+43.1%Added
Vanguard Portfolio Management LLC146,686$21.8M0.00%+146,686New
Vanguard Fiduciary Trust Co126,999$18.9M0.00%+126,999New
Champlain Investment Partners, LLC125,512$18.7M0.24%+125,512New
Janus Henderson Group PLC104,081$15.5M0.01%+2,701+2.7%Added
Wellington Management Group LLP94,723$14.1M0.00%+94,723New
Prudential Financial Inc89,361$13.3M0.02%+89,361New
Bank of New York Mellon Corp86,108$12.8M0.00%+23,872+38.4%Added
Morgan Stanley79,831$11.9M0.00%−15,539−16.3%Reduced
JPMorgan Chase & Co79,260$11.5M0.00%−3,660−4.4%Reduced
Mendon Capital Advisors Corp74,988$11.1M4.32%+54,988+274.9%Added
Oberweis Asset Management Inc74,800$11.1M0.33%+13,100+21.2%Added
RMB Capital Management, LLC72,830$10.8M0.19%+51,693+244.6%Added
D. E. Shaw & Co., Inc.72,573$10.8M0.01%+29,876+70.0%Added
Susquehanna International Group, LLP67,766$10.1M0.01%+51,948+328.4%Added
UBS Group AG67,596$10.0M0.00%+18,383+37.4%Added
Maltese Capital Management LLC58,648$8.72M1.72%+58,648New
Heartland Advisors Inc55,758$8.29M0.42%+55,758New
Stieven Capital Advisors, L.P.52,805$7.85M1.68%+52,805New
Barclays PLC48,733$7.24M0.00%+23,053+89.8%Added
FMR LLC48,414$7.20M0.00%−2,515−4.9%Reduced
Merit Financial Group, LLC47,032$6.99M0.05%−2,282−4.6%Reduced
Nuveen, LLC46,250$6.87M0.00%+19,314+71.7%Added
SEI Investments Co44,449$6.61M0.01%+30,241+212.8%Added
Creative Planning41,386$6.15M0.00%+23,663+133.5%Added
Swiss National Bank40,300$5.99M0.00%+14,000+53.2%Added
Dark Forest Capital Management LP40,155$5.97M0.53%+36,568+1,019.5%Added
N.E.W. Advisory Services LLC39,075$5.81M0.43%−873−2.2%Reduced
North Star Asset Management Inc38,270$5.69M0.25%−490−1.3%Reduced
State of Wisconsin Investment Board37,258$5.54M0.01%+32,930+760.9%Added
Franklin Resources Inc36,784$5.47M0.00%+17,636+92.1%Added
Advisory Research Inc36,163$5.37M0.66%−3,433−8.7%Reduced
Voloridge Investment Management, LLC34,116$5.07M0.02%−14,426−29.7%Reduced
Peregrine Capital Management LLC33,230$4.94M0.18%+33,230New
Bank of America Corp31,420$4.67M0.00%+16,446+109.8%Added
UBS Asset Management Americas Inc30,530$4.54M0.00%+12,740+71.6%Added
Quantinno Capital Management LP28,716$4.27M0.01%+25,055+684.4%Added
Jane Street Group, LLC28,130$4.18M0.00%−5,299−15.9%Reduced
Principal Financial Group Inc27,992$4.16M0.00%+11,242+67.1%Added
Bessemer Group Inc25,478$3.79M0.01%+1,200+4.9%Added
California State Teachers Retirement System25,344$3.77M0.00%+12,007+90.0%Added
Rhumbline Advisers25,130$3.73M0.00%+6,181+32.6%Added
Arrowstreet Capital, Limited Partnership23,840$3.54M0.00%+13,704+135.2%Added
Marshall Wace, LLP23,672$3.52M0.00%−11,996−33.6%Reduced
Bank of Montreal22,931$3.41M0.00%−250−1.1%Reduced
Price T Rowe Associates Inc22,495$3.34M0.00%+7,230+47.4%Added
Royal Bank of Canada22,197$3.30M0.00%+5,102+29.8%Added
Anchor Capital Advisors LLC21,217$3.15M0.09%−221−1.0%Reduced
Wealth Enhancement Advisory Services, LLC20,751$3.09M0.01%−6,330−23.4%Reduced
Atom Investors LP19,903$2.96M0.21%+19,903New
Stifel Financial Corp19,231$2.86M0.00%+19,231New
Legacy Private Trust Co.18,982$2.82M0.17%−1,441−7.1%Reduced
AQR Capital Management LLC18,629$2.77M0.00%+5,147+38.2%Added
Public Employees Retirement System of Ohio18,611$2.77M0.01%+18,505+17,457.5%Added
Squarepoint Ops LLC16,841$2.50M0.01%−10,125−37.5%Reduced
BNP Paribas Arbitrage, SA16,757$2.49M0.00%+13,836+473.7%Added
Deutsche Bank AG16,607$2.47M0.00%+5,046+43.6%Added
Jupiter Asset Management Ltd16,080$2.39M0.01%−29,373−64.6%Reduced
Raymond James Financial Inc15,822$2.35M0.00%+1,648+11.6%Added
Citigroup Inc15,779$2.35M0.00%+4,039+34.4%Added
Zacks Investment Management15,649$2.33M0.02%+15,649New
Citadel Advisors LLC15,258$2.27M0.00%−210,557−93.2%Reduced
Legal & General Group Plc14,467$2.15M0.00%+2,599+21.9%Added
Vanguard Asset Management, Ltd14,361$2.13M0.00%+14,361New
Los Angeles Capital Management LLC14,266$2.12M0.01%+8,448+145.2%Added
State of New Jersey Common Pension Fund D14,174$2.11M0.01%+14,174New
Sugar Maple Asset Management, LLC13,912$2.07M1.25%00.0%Unchanged
Advisor Group Holdings, Inc.13,684$2.03M0.00%−794−5.5%Reduced
Rafferty Asset Management, LLC13,653$2.03M0.01%−522−3.7%Reduced
CBOE Vest Financial, LLC12,890$1.92M0.02%−10,084−43.9%Reduced
Jackson Creek Investment Advisors LLC12,817$1.91M0.56%−409−3.1%Reduced
Caldwell Trust Co12,578$1.87M0.17%00.0%Unchanged
Wells Fargo & Company12,482$1.86M0.00%−2,761−18.1%Reduced
First National Bank of Omaha12,387$1.84M0.06%+12,387New
Steele Capital Management, Inc.11,747$1.75M0.07%+11,747New
Lazard Asset Management LLC11,376$1.69M0.00%−758−6.2%Reduced
XTX Topco Ltd11,117$1.65M0.03%+11,117New
First National Advisers, LLC10,912$1.62M0.24%+10,912New
Northwestern Mutual Wealth Management Co10,841$1.61M0.00%−296−2.7%Reduced
Associated Banc-Corp10,312$1.53M0.04%00.0%Unchanged
Cerity Partners LLC10,184$1.51M0.00%+10,184New
MetLife Investment Management10,089$1.50M0.01%+2,715+36.8%Added
Dana Investment Advisors, Inc.10,000$1.49M0.04%00.0%Unchanged