Nicolet Bankshares
113 hedge funds and large institutions have $363M invested in Nicolet Bankshares in 2023 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 42 reducing their positions, and 15 closing their positions.
15% more capital invested
Capital invested by funds: $314M → $363M (+$48.3M)
2.46% more ownership
Funds ownership: 40.22% → 42.67% (+2.5%)
3% less funds holding
Funds holding: 117 → 113 (-4)
17% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 42
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$11.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.8M |
| 3 |
NIG
NFJ Investment Group
Dallas,
Texas
|
+$3.63M |
| 4 |
BlackRock
New York
|
+$1.98M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.92M |
| 2 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$1.57M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.26M |
| 4 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
-$977K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$952K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$1K | -12 | Closed |
|
|
MCM
127
Manchester Capital Management
Manchester,
Vermont
| – | -$379 | -6 | Closed |
|
|
C
128
Covestor
London,
United Kingdom
| – | +$63 | +1 | +50% |
|
NIC Hedge Fund Activity: Q2 2023 in Review
113 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nicolet Bankshares (NIC) for Q2 2023, worth a combined $363M — up 15% from $314M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NIC and 11 opened new positions — a net loss of 4 holders — while 42 trimmed existing stakes and 35 added.
The largest buyer was AllianceBernstein, adding an estimated $11.8M. The largest seller was Jacobs Levy Equity Management, exiting entirely with an estimated $1.92M sold.
- 113 institutional investors held Nicolet Bankshares (NIC) as of Q2 2023, down from 117 in Q1 2023.
- Funds reported $363M of Nicolet Bankshares stock for Q2 2023, up 15% quarter-over-quarter.
- 11 funds opened new Nicolet Bankshares positions in Q2 2023 and 15 closed out, a net change of -4 holders.
- The largest Nicolet Bankshares buyer in Q2 2023 was AllianceBernstein, an estimated $11.8M added.
- The largest Nicolet Bankshares seller in Q2 2023 was Jacobs Levy Equity Management, an estimated $1.92M sold.
Based on aggregated 13F filings for Q2 2023.