Martingale Asset Management’s National Bank Holdings NBHC Stock Holding History

Martingale Asset 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	-9,400	Closed	-$357K	–	840
2025 Q4	$357K	Buy	+9,400	New	+$354K	0.01%	663
2023 Q1	–	Sell	-10,310	Closed	-$434K	–	869
2022 Q4	$434K	Buy	10,310 +300	+3%	+$13K	0.01%	647
2022 Q3	$372K	Sell	10,010 -2,100	-17%	-$84.3K	0.01%	678
2022 Q2	$465K	Sell	12,110 -1,700	-12%	-$66.1K	0.01%	657
2022 Q1	$557K	Buy	13,810 +1,600	+13%	+$71.1K	0.01%	619
2021 Q4	$537K	Sell	12,210 -3,900	-24%	-$170K	0.01%	634
2021 Q3	$653K	Buy	16,110 +5,497	+52%	+$201K	0.01%	603
2021 Q2	$402K	Sell	10,613 -192	-2%	-$7.6K	﹤0.01%	658
2021 Q1	$430K	Buy	10,805 +1,500	+16%	+$56.1K	﹤0.01%	654
2020 Q4	$305K	Buy	+9,305	New	+$295K	﹤0.01%	740

Other funds holding NBHC

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

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

William Blair Investment Management Chicago, Illinois $33.3B AUM 44.76% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

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

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

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 Baltimore, Maryland $153B AUM 38.14% 1-Year Est. Return

Martingale Asset Management's NBHC Position: Q1 2026 in Review

Martingale Asset Management sold out of National Bank Holdings (NBHC) in Q1 2026, closing a stake of 9,400 shares — an estimated $357K sold.

Martingale Asset Management first reported a position in NBHC in Q4 2020 and held it in 10 quarters. The position peaked at $653K in Q3 2021. 216 funds tracked by Wall St. Rank hold NBHC as of Q1 2026.

Martingale Asset Management reported no remaining National Bank Holdings position as of Q1 2026 after selling out during the quarter.
Martingale Asset Management sold 9,400 National Bank Holdings shares in Q1 2026, an estimated $357K.
Martingale Asset Management first reported a position in National Bank Holdings in Q4 2020 and held it in 10 quarters.
Martingale Asset Management's National Bank Holdings position peaked at $653K in Q3 2021.
216 funds tracked by Wall St. Rank held National Bank Holdings as of Q1 2026.

Based on Martingale Asset Management's 13F filing for Q1 2026, filed 13 May 2026.