Nicolet Bankshares
195 hedge funds and large institutions have $991M invested in Nicolet Bankshares in 2025 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 68 increasing their positions, 61 reducing their positions, and 16 closing their positions.
125% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 16
11% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 61
8% more funds holding
Funds holding: 180 → 195 (+15)
5.63% more ownership
Funds ownership: 49.54% → 55.17% (+5.6%)
0% more capital invested
Capital invested by funds: $990M → $991M (+$888K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$28.5M |
| 2 |
BlackRock
New York
|
+$9.47M |
| 3 |
Millennium Management
New York
|
+$8.28M |
| 4 |
Morgan Stanley
New York
|
+$7.84M |
| 5 |
JP Morgan Chase
New York
|
+$7.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$19.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.6M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$6.65M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.24M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$2.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VWM
201
Verus Wealth Management
De Pere,
Wisconsin
| – | -$706K | -5,250 | Closed |
|
|
DT
202
Diversified Trust
Memphis,
Tennessee
| – | -$293K | -2,177 | Closed |
|
203
Zurich Cantonal Bank
Zurich,
Switzerland
| – | -$233K | -1,842 | Closed |
|
|
CCP
204
Clarkston Capital Partners
Rochester,
Michigan
| – | -$209K | -1,555 | Closed |
|
|
PP
205
PDT Partners
New York
| – | -$201K | -1,497 | Closed |
|
206
Prudential Financial
Newark,
New Jersey
| – | -$201K | -1,496 | Closed |
|
|
EWM
207
Empirical Wealth Management
Seattle,
Washington
| – | -$200K | -1,489 | Closed |
|
|
WANY
208
Wealthspire Advisors (New York)
New York
| – | -$131K | -975 | Closed |
|
|
UFF
209
USA Financial Formulas
Ada,
Michigan
| – | -$18.6K | -138 | Closed |
|
|
AF
210
Allworth Financial
Folsom,
California
| – | -$4.04K | -30 | Closed |
|
|
MAM
211
Marquette Asset Management
Minneapolis,
Minnesota
| – | -$2.29K | -17 | Closed |
|
NIC Hedge Fund Activity: Q4 2025 in Review
195 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Nicolet Bankshares (NIC) for Q4 2025, worth a combined $991M — up 0.09% from $990M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new NIC positions and 16 closed out — a net gain of 20 holders — while 68 added to existing stakes and 61 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $28.5M. The largest seller was First Trust Advisors, cutting an estimated $19.2M.
- 195 institutional investors held Nicolet Bankshares (NIC) as of Q4 2025, up from 180 in Q3 2025.
- Funds reported $991M of Nicolet Bankshares stock for Q4 2025, up 0.09% quarter-over-quarter.
- 36 funds opened new Nicolet Bankshares positions in Q4 2025 and 16 closed out, a net change of +20 holders.
- The largest Nicolet Bankshares buyer in Q4 2025 was Citadel Advisors, an estimated $28.5M added.
- The largest Nicolet Bankshares seller in Q4 2025 was First Trust Advisors, an estimated $19.2M sold.
Based on aggregated 13F filings for Q4 2025.