Bank First Corp (BFC) Hedge Fund Ownership (Q2 2026)

Q: Is it too late to buy Bank First Corp (BFC) following the 2026 Q2 hedge fund 13F filings?

As of today, BFC has moved -1.1% since the 2026 Q2 13F filing date (August 14, 2026), compared to -0.1% for the XLF sector ETF — an outperformance of -1.0%. Since the quarter end (June 30, 2026), BFC gained +5.3% vs +8.4% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Bank First Corp (BFC)

166 + Investors. Track Smart Money conviction in BFC. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — BFC

Based on 167 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q

For 4 consecutive quarters, more hedge funds added BFC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

167 hedge funds hold BFC right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +43% more funds vs a year ago

fund count last 6Q

+50 new funds entered over the past year (+43% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟢

More buyers than sellers — 67% buying

101 buying49 selling

Last quarter: 101 funds were net buyers (37 opened a brand new position + 64 added to an existing one). Only 49 were sellers (32 trimmed + 17 sold completely). A clear majority buying is a strong confirmation signal.

📈

More new buyers each quarter (+16 vs last Q)

new funds entering per quarter

Funds opening a new BFC position: 29 → 25 → 21 → 37. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

44% of holders stayed for 2+ years

■ 44% conviction (2yr+) ■ 26% medium ■ 29% new

74 out of 167 hedge funds have held BFC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💎

Buying through price weakness — shares +53%, value +21%

Value

+21%

+53%

Last quarter: funds added +53% more shares while total portfolio value only changed +21%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

➡️

Steady discovery — ~37 new funds/quarter

12 → 29 → 25 → 21 → 37 new funds/Q

New funds entering each quarter: 29 → 25 → 21 → 37. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Veteran-anchored — 49% veterans vs 38% newcomers

■ 49% veterans ■ 13% 1-2yr ■ 38% new

Entry-cohort mix of 167 holders: 82 (49%) are 2+ year veterans, 21 entered 1–2 years ago, and 64 (38%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 65% AUM from top-100 funds

65% from top-100 AUM funds

45 of 167 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in BFC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

4.1

out of 10

Moderate Exit Risk

Exit risk score 4.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	166	147	12.93%
13F Shares	4M	4M	8.72%
Total Value	$609M	$512M	18.9%
New Positions	37	21	+16
Increased Positions	63	44	+19
Closed Positions	18	19	-1
Reduced Positions	32	50	-18
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

166

147

12.93%

13F Shares

8.72%

Total Value

$609M

$512M

18.9%

New Positions

+16

Increased Positions

+19

Closed Positions

-1

Reduced Positions

-18

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q2)

166 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BFC. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 BFC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Prairie Advisory, LLC	1.29%	37,140	$5.5M
2	Mueller Wealth, LLC	0.43%	4,239	$629K
3	Nicolet Bankshares Inc	0.25%	51,534	$7.8M
4	Macco Financial Group, Inc.	0.21%	2,172	$322K
5	Comprehensive Money Management Services LLC	0.20%	2,179	$323K
6	Ellsworth Advisors, LLC	0.18%	7,308	$1.1M
7	VestGen Investment Management	0.17%	2,200	$326K
8	Linden Thomas Advisory Services, LLC	0.17%	14,450	$2.1M
9	N.E.W. Advisory Services LLC	0.16%	16,497	$2.4M
10	Merit Financial Group, LLC	0.16%	174,046	$25.8M
11	Dark Forest Capital Management LP	0.15%	15,429	$2.3M
12	Shakespeare Wealth Management, LLC	0.14%	3,518	$522K
13	J.W. Cole Advisors, INC.	0.13%	52,307	$7.8M
14	Thompson Investment Management, INC.	0.11%	6,236	$925K
15	TCFG Investment Advisors, LLC	0.10%	1,982	$294K
16	McGlone Suttner Wealth Management, Inc.	0.08%	4,875	$723K
17	FORM Wealth Advisors, LLC	0.08%	4,600	$682K
18	Diversified Management Inc	0.06%	2,029	$301K
19	F/m Investments LLC	0.05%	7,150	$1.1M
20	Regal Investment Advisors LLC	0.04%	4,950	$734K
21	IHT Wealth Management, LLC	0.04%	11,977	$1.8M
22	Harbour Investments, INC.	0.03%	17,049	$2.5M
23	Legacy Private Trust Co.	0.03%	3,520	$522K
24	Quantbot Technologies LP	0.03%	4,310	$639K
25	XTX Topco Ltd	0.02%	11,534	$1.7M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Bank First Corp (BFC)

What does the Smart Money Trend signal show for BFC?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added BFC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BFC?

More buyers than sellers — 67% buying: Last quarter: 101 funds were net buyers (37 opened a brand new position + 64 added to an existing one). Only 49 were sellers (32 trimmed + 17 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BFC holders?

Elite ownership — 65% AUM from top-100 funds: 45 of 167 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in BFC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BFC?

44% of holders stayed for 2+ years: 74 out of 167 hedge funds have held BFC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Bank First Corp (BFC) following the 2026 Q2 hedge fund 13F filings?

As of today, BFC has moved -1.1% since the 2026 Q2 13F filing date (August 14, 2026), compared to -0.1% for the XLF sector ETF — an outperformance of -1.0%. Since the quarter end (June 30, 2026), BFC has gained +5.3% vs +8.4% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Bank First Corp (BFC)

Smart Money Signals — BFC

Buying streak — 4 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +43% more funds vs a year ago

More buyers than sellers — 67% buying

More new buyers each quarter (+16 vs last Q)

44% of holders stayed for 2+ years

Buying through price weakness — shares +53%, value +21%

Steady discovery — ~37 new funds/quarter

Veteran-anchored — 49% veterans vs 38% newcomers

Elite ownership — 65% AUM from top-100 funds

Institutional Sentiment Summary — BFC

Hedge Fund Ownership: BFC

Market Analysis: BFC

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: BFC

Is It Too Late to Buy Bank First Corp (BFC) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: BFC

Statistics: BFC

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Bank First Corp (BFC)

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