Connor, Clark & Lunn Investment Management (CC&L)’s National Bank Holdings NBHC Stock Holding History

Connor, Clark & Lunn Investment Management (CC&L)’s Portfolio NBHC Stock Details NBHC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-27,763	Closed	-$1.07M	–	1696
2025 Q3	$1.07M	Buy	+27,763	New	+$1.08M	﹤0.01%	1042
2025 Q2	–	Sell	-14,274	Closed	-$546K	–	1618
2025 Q1	$546K	Buy	14,274 +2,657	+23%	+$111K	﹤0.01%	1121
2024 Q4	$500K	Buy	+11,617	New	+$526K	﹤0.01%	1144
2017 Q2	–	Sell	-21,300	Closed	-$692K	–	896
2017 Q1	$692K	Sell	21,300 -23,775	-53%	-$766K	﹤0.01%	564
2016 Q4	$1.44M	Buy	+45,075	New	+$1.21M	0.01%	421

Other funds holding NBHC

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Victory Capital Management San Antonio, Texas $178B AUM 37.23% 1-Year Est. Return

WHG

Westwood Holdings Group Dallas, Texas $13.7B AUM 21.48% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 1-Year Est. Return

DRZID

DePrince Race & Zollo Inc (DRZ) Winter Park, Florida $5.29B AUM 20.14% 1-Year Est. Return

SBH

Segall Bryant & Hamill Chicago, Illinois $6.98B AUM 34.78% 1-Year Est. Return

Connor, Clark & Lunn Investment Management (CC&L)'s NBHC Position: Q4 2025 in Review

Connor, Clark & Lunn Investment Management (CC&L) sold out of National Bank Holdings (NBHC) in Q4 2025, closing a stake of 27,763 shares — an estimated $1.07M sold.

Connor, Clark & Lunn Investment Management (CC&L) first reported a position in NBHC in Q4 2016 and held it in 5 quarters. The position peaked at $1.44M in Q4 2016. 227 funds tracked by Wall St. Rank hold NBHC as of Q4 2025.

Connor, Clark & Lunn Investment Management (CC&L) reported no remaining National Bank Holdings position as of Q4 2025 after selling out during the quarter.
Connor, Clark & Lunn Investment Management (CC&L) sold 27,763 National Bank Holdings shares in Q4 2025, an estimated $1.07M.
Connor, Clark & Lunn Investment Management (CC&L) first reported a position in National Bank Holdings in Q4 2016 and held it in 5 quarters.
Connor, Clark & Lunn Investment Management (CC&L)'s National Bank Holdings position peaked at $1.44M in Q4 2016.
227 funds tracked by Wall St. Rank held National Bank Holdings as of Q4 2025.

Based on Connor, Clark & Lunn Investment Management (CC&L)'s 13F filing for Q4 2025, filed 10 Feb 2026.