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Nicolet Bankshares

180 hedge funds and large institutions have $990M invested in Nicolet Bankshares in 2025 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 57 increasing their positions, 58 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

832% more call options, than puts

Call options by funds: $4.01M | Put options by funds: $430K

150% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 12

10% more funds holding

Funds holding: 163180 (+17)

7% more capital invested

Capital invested by funds: $929M → $990M (+$60.7M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.34% less ownership

Funds ownership: 49.88%49.54% (-0.34%)

2% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 58

Holders
180
Holders Change
+17
Holders Change %
+10.43%
% of All Funds
2.36%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
30
Increased
57
Reduced
58
Closed
12
Calls
$4.01M
Puts
$430K
Net Calls
+$3.58M
Net Calls Change
+$551K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$142M -$2.52M -18,971 -2%
NB
2
Nicolet Bankshares
Wisconsin
$119M -$31.2K -235 -0%
Vanguard Group
3
Vanguard Group
Pennsylvania
$96.2M -$4.49M -33,848 -5%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$84.2M -$754K -5,684 -0.9%
First Trust Advisors
5
First Trust Advisors
Illinois
$72.7M +$2.85M +21,473 +4%
State Street
6
State Street
Massachusetts
$58.1M +$3.95M +29,744 +7%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$42.2M -$2.1M -15,862 -5%
AllianceBernstein
8
AllianceBernstein
Tennessee
$33.8M -$4.1M -30,875 -11%
Manulife (Manufacturers Life Insurance)
9
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$28.2M -$2.01M -15,171 -7%
Boston Partners
10
Boston Partners
Massachusetts
$26.8M +$7.63M +57,536 +41%
American Century Companies
11
American Century Companies
Missouri
$24.1M -$665K -5,015 -3%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$19.2M -$16.8M -126,849 -47%
Northern Trust
13
Northern Trust
Illinois
$18M +$47.4K +357 +0.3%
Charles Schwab
14
Charles Schwab
California
$15M +$154K +1,161 +1%
Janus Henderson Group
15
Janus Henderson Group
United Kingdom
$14.2M -$7.65M -57,675 -35%
Goldman Sachs
16
Goldman Sachs
New York
$8.47M +$1.15M +8,695 +16%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$8.15M +$76.6K +577 +1%
OAM
18
Oberweis Asset Management
Illinois
$8.1M
Qube Research & Technologies (QRT)
19
Qube Research & Technologies (QRT)
United Kingdom
$6.65M +$2.74M +20,640 +72%
AR
20
Advisory Research
Illinois
$5.66M -$67.1K -506 -1%
NSAM
21
North Star Asset Management
Wisconsin
$5.28M -$874K -6,583 -14%
NEWAS
22
N.E.W. Advisory Services
Wisconsin
$5.11M -$43.7K -329 -0.9%
MFG
23
Merit Financial Group
Georgia
$5.06M +$1.99K +15 +0%
Morgan Stanley
24
Morgan Stanley
New York
$4.48M -$773K -5,822 -15%
VF
25
Vest Financial
Virginia
$4.38M +$641K +4,827 +17%

NIC Hedge Fund Activity: Q3 2025 in Review

180 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Nicolet Bankshares (NIC) for Q3 2025, worth a combined $990M — up 6.5% from $929M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new NIC positions and 12 closed out — a net gain of 18 holders — while 57 added to existing stakes and 58 trimmed.

The largest buyer was Boston Partners, adding an estimated $7.63M. The largest seller was Fidelity Investments, cutting an estimated $16.8M.

  • 180 institutional investors held Nicolet Bankshares (NIC) as of Q3 2025, up from 163 in Q2 2025.
  • Funds reported $990M of Nicolet Bankshares stock for Q3 2025, up 6.5% quarter-over-quarter.
  • 30 funds opened new Nicolet Bankshares positions in Q3 2025 and 12 closed out, a net change of +18 holders.
  • The largest Nicolet Bankshares buyer in Q3 2025 was Boston Partners, an estimated $7.63M added.
  • The largest Nicolet Bankshares seller in Q3 2025 was Fidelity Investments, an estimated $16.8M sold.

Based on aggregated 13F filings for Q3 2025.