Vanguard Group
NBHC icon

Vanguard Group’s National Bank Holdings NBHC Stock Holding History

Vanguard Group’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 		$156M Sell
4,099,425
-15,903
-0.4% -$599K ﹤0.01% 1670
2025
Q3 		$159M Sell
4,115,328
-77,502
-2% -$3M ﹤0.01% 1664
2025
Q2 		$158M Sell
4,192,830
-2,072
-0% -$75.5K ﹤0.01% 1623
2025
Q1 		$161M Sell
4,194,902
-35,482
-0.8% -$1.48M ﹤0.01% 1574
2024
Q4 		$182M Buy
4,230,384
+35,910
+0.9% +$1.63M ﹤0.01% 1584
2024
Q3 		$177M Buy
4,194,474
+9,904
+0.2% +$412K ﹤0.01% 1610
2024
Q2 		$163M Sell
4,184,570
-29,023
-0.7% -$1.03M ﹤0.01% 1599
2024
Q1 		$152M Sell
4,213,593
-6,752
-0.2% -$234K ﹤0.01% 1664
2023
Q4 		$157M Buy
4,220,345
+25,349
+0.6% +$838K ﹤0.01% 1634
2023
Q3 		$125M Buy
4,194,996
+6,997
+0.2% +$224K ﹤0.01% 1679
2023
Q2 		$122M Sell
4,187,999
-22,276
-0.5% -$696K ﹤0.01% 1742
2023
Q1 		$141M Buy
4,210,275
+128,995
+3% +$5.15M ﹤0.01% 1640
2022
Q4 		$172M Buy
4,081,280
+793,062
+24% +$34.2M ﹤0.01% 1509
2022
Q3 		$122M Buy
3,288,218
+87,446
+3% +$3.51M ﹤0.01% 1671
2022
Q2 		$122M Buy
3,200,772
+25,966
+0.8% +$1.01M ﹤0.01% 1696
2022
Q1 		$128M Buy
3,174,806
+33,668
+1% +$1.5M ﹤0.01% 1806
2021
Q4 		$138M Sell
3,141,138
-11,276
-0.4% -$491K ﹤0.01% 1805
2021
Q3 		$128M Sell
3,152,414
-70,996
-2% -$2.6M ﹤0.01% 1847
2021
Q2 		$122M Buy
3,223,410
+42,680
+1% +$1.69M ﹤0.01% 1894
2021
Q1 		$126M Buy
3,180,730
+82,262
+3% +$3.08M ﹤0.01% 1825
2020
Q4 		$102M Buy
3,098,468
+81,483
+3% +$2.58M ﹤0.01% 1821
2020
Q3 		$79.2M Sell
3,016,985
-131,623
-4% -$3.61M ﹤0.01% 1800
2020
Q2 		$85M Sell
3,148,608
-40,464
-1% -$1.03M ﹤0.01% 1753
2020
Q1 		$76.2M Buy
3,189,072
+114,410
+4% +$3.57M ﹤0.01% 1671
2019
Q4 		$108M Buy
3,074,662
+250,164
+9% +$8.82M ﹤0.01% 1706
2019
Q3 		$96.6M Buy
2,824,498
+39,735
+1% +$1.38M ﹤0.01% 1751
2019
Q2 		$101M Buy
2,784,763
+23,933
+0.9% +$866K ﹤0.01% 1750
2019
Q1 		$91.8M Buy
2,760,830
+46,571
+2% +$1.56M ﹤0.01% 1793
2018
Q4 		$83.8M Buy
2,714,259
+6,305
+0.2% +$218K ﹤0.01% 1781
2018
Q3 		$102M Buy
2,707,954
+85,073
+3% +$3.35M ﹤0.01% 1795
2018
Q2 		$101M Sell
2,622,881
-49,157
-2% -$1.81M ﹤0.01% 1777
2018
Q1 		$88.8M Buy
2,672,038
+335,157
+14% +$11.1M ﹤0.01% 1778
2017
Q4 		$75.8M Sell
2,336,881
-291,359
-11% -$9.7M ﹤0.01% 1856
2017
Q3 		$93.8M Buy
2,628,240
+51,008
+2% +$1.69M ﹤0.01% 1749
2017
Q2 		$85.3M Buy
2,577,232
+68,938
+3% +$2.19M ﹤0.01% 1757
2017
Q1 		$81.5M Buy
2,508,294
+118,787
+5% +$3.83M ﹤0.01% 1764
2016
Q4 		$76.2M Buy
2,389,507
+338,978
+17% +$9.09M ﹤0.01% 1769
2016
Q3 		$47.9M Sell
2,050,529
-19,326
-0.9% -$427K ﹤0.01% 1949
2016
Q2 		$42.1M Sell
2,069,855
-200,369
-9% -$4.08M ﹤0.01% 1975
2016
Q1 		$46.3M Buy
2,270,224
+23,164
+1% +$458K ﹤0.01% 1896
2015
Q4 		$48M Sell
2,247,060
-140,735
-6% -$3.04M ﹤0.01% 1896
2015
Q3 		$49M Sell
2,387,795
-51,122
-2% -$1.06M ﹤0.01% 1879
2015
Q2 		$50.8M Sell
2,438,917
-10,738
-0.4% -$209K ﹤0.01% 1938
2015
Q1 		$46.1M Buy
2,449,655
+28,658
+1% +$532K ﹤0.01% 1955
2014
Q4 		$47M Buy
2,420,997
+5,314
+0.2% +$102K ﹤0.01% 1868
2014
Q3 		$46.2M Sell
2,415,683
-32,197
-1% -$639K ﹤0.01% 1836
2014
Q2 		$48.8M Sell
2,447,880
-38,507
-2% -$754K ﹤0.01% 1843
2014
Q1 		$49.9M Buy
2,486,387
+61,341
+3% +$1.24M ﹤0.01% 1809
2013
Q4 		$51.9M Buy
2,425,046
+3,793
+0.2% +$78.8K ﹤0.01% 1762
2013
Q3 		$49.7M Buy
2,421,253
+434,263
+22% +$8.71M ﹤0.01% 1723
2013
Q2 		$39.1M Buy
+1,986,990
New +$36.6M ﹤0.01% 1785

Other funds holding NBHC

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Victory Capital Management
Victory Capital Management San Antonio, Texas $156B AUM 27.51% 1-Year Est. Return
WHG
Westwood Holdings Group Dallas, Texas $13.7B AUM 21.48% 1-Year Est. Return
Wellington Management Group
Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return
T. Rowe Price Investment Management
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
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Vanguard Group's NBHC Position: Q4 2025 in Review

Vanguard Group reduced its National Bank Holdings (NBHC) stake by 0.39% in Q4 2025, selling an estimated $599K and leaving 4,099,425 shares worth $156M. The position accounts for ﹤0.01% of the portfolio, ranked #1670.

Vanguard Group first reported a position in NBHC in Q2 2013 and has held it in 51 quarters since. The position peaked at $182M in Q4 2024. 227 funds tracked by Wall St. Rank hold NBHC as of Q4 2025.

  • Vanguard Group held 4,099,425 shares of National Bank Holdings worth $156M as of Q4 2025.
  • Vanguard Group sold 15,903 National Bank Holdings shares in Q4 2025, an estimated $599K.
  • National Bank Holdings made up ﹤0.01% of Vanguard Group's portfolio in Q4 2025, its #1670 holding.
  • Vanguard Group first reported a position in National Bank Holdings in Q2 2013 and has held it in 51 quarters since.
  • Vanguard Group's National Bank Holdings position peaked at $182M in Q4 2024.
  • 227 funds tracked by Wall St. Rank held National Bank Holdings as of Q4 2025.

Based on Vanguard Group's 13F filing for Q4 2025, filed 29 Jan 2026.