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Dark Forest Capital Management’s National Bank Holdings NBHC Stock Holding History

Dark Forest Capital Management’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
2026
Q1 		– Sell
-38,502
Closed -$1.46M – 1018
2025
Q4 		$1.46M Sell
38,502
-53,993
-58% -$2.03M 0.07% 514
2025
Q3 		$3.57M Buy
92,495
+45,971
+99% +$1.78M 0.13% 234
2025
Q2 		$1.75M Buy
46,524
+37,474
+414% +$1.37M 0.07% 506
2025
Q1 		$346K Buy
+9,050
New +$377K 0.02% 1026

Other funds holding NBHC

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Vanguard Portfolio Management
Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM
William Blair Investment Management
William Blair Investment Management Chicago, Illinois $33.3B AUM 44.76% 1-Year Est. Return
Wellington Management Group
Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return
Vanguard Capital Management
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
Charles Schwab
Charles Schwab San Francisco, California $751B AUM 38.74% 1-Year Est. Return
WHG
Westwood Holdings Group Dallas, Texas $13.3B AUM 29.38% 1-Year Est. Return
T. Rowe Price Investment Management
T. Rowe Price Investment Management Baltimore, Maryland $153B AUM 38.14% 1-Year Est. Return

Dark Forest Capital Management's NBHC Position: Q1 2026 in Review

Dark Forest Capital Management sold out of National Bank Holdings (NBHC) in Q1 2026, closing a stake of 38,502 shares — an estimated $1.46M sold.

Dark Forest Capital Management first reported a position in NBHC in Q1 2025 and held it in 4 quarters. The position peaked at $3.57M in Q3 2025. 216 funds tracked by Wall St. Rank hold NBHC as of Q1 2026.

  • Dark Forest Capital Management reported no remaining National Bank Holdings position as of Q1 2026 after selling out during the quarter.
  • Dark Forest Capital Management sold 38,502 National Bank Holdings shares in Q1 2026, an estimated $1.46M.
  • Dark Forest Capital Management first reported a position in National Bank Holdings in Q1 2025 and held it in 4 quarters.
  • Dark Forest Capital Management's National Bank Holdings position peaked at $3.57M in Q3 2025.
  • 216 funds tracked by Wall St. Rank held National Bank Holdings as of Q1 2026.

Based on Dark Forest Capital Management's 13F filing for Q1 2026, filed 15 May 2026.