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National Bank Holdings

188 hedge funds and large institutions have $1.39B invested in National Bank Holdings in 2025 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 72 increasing their positions, 62 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

69% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 16

16% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 62

5% more funds holding

Funds holding: 179188 (+9)

0.06% more ownership

Funds ownership: 96.98%97.04% (+0.06%)

2% less capital invested

Capital invested by funds: $1.41B → $1.39B (-$22.3M)

Holders
188
Holders Change
+9
Holders Change %
+5.03%
% of All Funds
2.47%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
27
Increased
72
Reduced
62
Closed
16
Calls
$9.03M
Puts
Net Calls
+$9.03M
Net Calls Change
+$9.02M
Name Holding Trade Value Shares
Change
Change in
Stake
KBC Group
151
KBC Group
Belgium
$59K -$32.1K -882 -36%
Fidelity Investments
152
Fidelity Investments
Massachusetts
$52.4K -$224K -6,151 -82%
QL
153
Quarry LP
New York
$45.4K -$5.68K -156 -11%
SCM
154
Sterling Capital Management
North Carolina
$38.5K +$14.1K +387 +61%
Carson Wealth (CWM LLC)
155
Carson Wealth (CWM LLC)
Nebraska
$33K +$3.02K +83 +11%
GI
156
GAMMA Investing
California
$25.3K +$5.21K +143 +27%
Raymond James Financial
157
Raymond James Financial
Florida
$24.2K +$23.5K +644 New
Bessemer Group
158
Bessemer Group
New Jersey
$21K +$1.6K +44 +8%
SAM
159
Smartleaf Asset Management
Massachusetts
$19K -$692 -19 -4%
EWA
160
EverSource Wealth Advisors
Alabama
$17.3K +$13.7K +376 +448%
TWC
161
TD Waterhouse Canada
Ontario, Canada
$15K
VCM
162
Versant Capital Management
Arizona
$13.2K
HFS
163
Hantz Financial Services
Michigan
$8K +$2.29K +63 +40%
PFBT
164
Parkside Financial Bank & Trust
Missouri
$7.67K +$7.07K +194 +1,940%
CA
165
Clearstead Advisors
Ohio
$7.18K +$6.96K +191 New
GIA
166
GHP Investment Advisors
Colorado
$6.47K
IA
167
IFP Advisors
Florida
$6.13K -$146 -4 Closed
GWM
168
Geneos Wealth Management
Colorado
$5.91K -$7.5K -206 -57%
BNP Paribas Asset Management
169
BNP Paribas Asset Management
France
$5K +$4.81K +132 New
Mitsubishi UFJ Asset Management
170
Mitsubishi UFJ Asset Management
Japan
$4.25K
TWD
171
True Wealth Design
Ohio
$4.17K +$4.04K +111 New
ACM
172
Aster Capital Management
United Arab Emirates
$3.99K -$749K -20,561 -99%
FFA
173
Farther Finance Advisors
California
$3.84K -$3.9K -107 -51%
MCM
174
MAI Capital Management
Ohio
$3.54K +$1.35K +37 +65%
UB
175
UMB Bank
Missouri
$3.54K -$73 -2 -2%

NBHC Hedge Fund Activity: Q2 2025 in Review

188 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in National Bank Holdings (NBHC) for Q2 2025, worth a combined $1.39B — down 1.6% from $1.41B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new NBHC positions and 16 closed out — a net gain of 11 holders — while 72 added to existing stakes and 62 trimmed.

The largest buyer was Millennium Management, adding an estimated $14.9M. The largest seller was Wellington Management Group, cutting an estimated $14.8M.

  • 188 institutional investors held National Bank Holdings (NBHC) as of Q2 2025, up from 179 in Q1 2025.
  • Funds reported $1.39B of National Bank Holdings stock for Q2 2025, down 1.6% quarter-over-quarter.
  • 27 funds opened new National Bank Holdings positions in Q2 2025 and 16 closed out, a net change of +11 holders.
  • The largest National Bank Holdings buyer in Q2 2025 was Millennium Management, an estimated $14.9M added.
  • The largest National Bank Holdings seller in Q2 2025 was Wellington Management Group, an estimated $14.8M sold.

Based on aggregated 13F filings for Q2 2025.