Bank First Corporation
BFC • NASDAQ
Bank First Corporation is a banks - regional company in the financial services sector on NASDAQ, led by Timothy J. McFarlane, with a market cap of $1.3B. As of Q3 2025, 38% of shares are held by 133 institutional investors, with BlackRock, Inc. as the largest holder at 7.04%.
CEOTimothy J. McFarlane
Market Cap$1.3B
Banks - Regional
Financial Services
Employees379.0
Websitebankfirstwi.bank
Country
United States of America
Overview
Overview of institutional ownership in BFC as of Q3 2025 with a market cap of $1.2B
All Institutions
- Institutions
- 133
- Value Held
- $458.6M
- Shares Held
- 3.8M
- Avg Position
- $3.4M
- Median Position
- $651.7K
Hedge Funds
- Hedge Funds
- 13
- Value Held
- $20.3M
- Shares Held
- 167.5K
- Avg Position
- $1.6M
- Median Position
- $712.9K
Ownership Breakdown
Based on market cap of $1.2B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in BFC as of Q3 2025
| Institution | Position Value |
|---|---|
B BlackRock, Inc. Institution | $84.2M 0.00% of portfolio |
 VANGUARD GROUP INC Institution | $71.4M 0.00% of portfolio |
 STATE STREET CORP Institution | $51.4M 0.00% of portfolio |
 GEODE CAPITAL MANAGEMENT LLC ETF Provider | $29.0M 0.00% of portfolio |
 Merit Financial Group, LLC RIA/Wealth | $21.5M 0.20% of portfolio |
 DIMENSIONAL FUND ADVISORS LP Long Only Manager | $13.0M 0.00% of portfolio |
 BANK OF MONTREAL /CAN/ Institution | $12.6M 0.01% of portfolio |
 NORTHERN TRUST CORP Institution | $11.1M 0.00% of portfolio |
A AMERICAN CENTURY COMPANIES INC Institution | $10.2M 0.01% of portfolio |
 SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager | $9.2M 0.00% of portfolio |
Net Capital Flow
Institutional buying and selling activity for BFC in Q3 2025
- Traded
- +$61.2M
- Buyers
- 79
- Sellers
- 35
- Total Bought
- +$75.9M
- Total Sold
- −$14.6M
- Avg Position
- $3.1M
Biggest Buyers
| Institution | Net Bought |
|---|---|
STATE STREET CORP Institution | +$21.3M +175.3K shares |
 MORGAN STANLEY RIA/Wealth | +$4.3M +35.4K shares |
 GOLDMAN SACHS GROUP INC Institution | +$4.2M +34.8K shares |
DIMENSIONAL FUND ADVISORS LP Long Only Manager | +$3.8M +31.5K shares |
 FIRST TRUST ADVISORS LP ETF Provider | +$3.0M +25.0K shares |
B BlackRock, Inc. Institution | +$3.0M +24.8K shares |
R Rafferty Asset Management, LLC Institution | +$3.0M +24.7K shares |
 UBS Group AG Institution | +$2.7M +22.6K shares |
 BANK OF AMERICA CORP /DE/ Institution | +$2.7M +22.5K shares |
 PRINCIPAL FINANCIAL GROUP INC Institution | +$2.5M +20.6K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
J JANE STREET GROUP, LLC Institution | −$3.2M −26.2K shares |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | −$3.1M −26.8K shares |
Q Qube Research & Technologies Ltd Institution | −$2.2M −18.5K shares |
 UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager | −$1.3M −10.7K shares |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | −$611.0K −5.0K shares |
X XTX Topco Ltd Institution | −$564.5K −4.8K shares |
 ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy | −$437.0K −3.7K shares |
 BARCLAYS PLC Institution | −$398.9K −3.3K shares |
 PDT Partners, LLC Hedge Fund•Quant | −$397.1K −3.4K shares |
C Cubist Systematic Strategies, LLC Institution | −$325.0K −2.8K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited BFC in Q3 2025
- New Positions
- 22
- New Value
- $13.2M
- Exited Positions
- 13
- Exited Value
- $7.9M
New Positions
| Institution | Position Value |
|---|---|
R Rafferty Asset Management, LLC Institution | $3.0M 24.7K shares |
PRINCIPAL FINANCIAL GROUP INC Institution | $2.5M 20.6K shares |
D DARK FOREST CAPITAL MANAGEMENT LP Pension/Endowment | $2.1M 17.7K shares |
 FJ Capital Management LLC Hedge Fund•Long/Short | $2.1M 17.7K shares |
 Cetera Investment Advisers RIA/Wealth | $654.2K 5.4K shares |
 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC Hedge Fund•Distressed | $407.6K 3.4K shares |
 Toroso Investments, LLC ETF Provider | $399.5K 3.3K shares |
 ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant | $378.1K 3.1K shares |
D DRW Securities, LLC Institution | $294.9K 2.4K shares |
 Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy | $273.4K 2.3K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | $3.1M 26.8K shares |
Q Qube Research & Technologies Ltd Institution | $2.2M 18.5K shares |
X XTX Topco Ltd Institution | $564.5K 4.8K shares |
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy | $437.0K 3.7K shares |
PDT Partners, LLC Hedge Fund•Quant | $397.1K 3.4K shares |
C Cubist Systematic Strategies, LLC Institution | $325.0K 2.8K shares |
 BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | $324.9K 2.8K shares |
B Brevan Howard Capital Management LP Institution | $274.2K 2.3K shares |
P ProShare Advisors LLC Institution | $221.5K 1.9K shares |
 LAZARD ASSET MANAGEMENT LLC Long Only Manager | $14.9K 127.0 shares |
Options Activity
Institutions with the largest Call and Put options positions in BFC as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with BFC as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
 John W. Rosenthal Capital Management, Inc. Hedge Fund•Long/Short | 1.25% $1.3M |
N NICOLET ADVISORY SERVICES, LLC Institution | 0.47% $6.0M |
 Linden Thomas Advisory Services, LLC RIA/Wealth | 0.22% $2.1M |
FJ Capital Management LLC Hedge Fund•Long/Short | 0.21% $2.1M |
Merit Financial Group, LLC RIA/Wealth | 0.20% $21.5M |
 Ellsworth Advisors, LLC RIA/Wealth | 0.20% $918.5K |
 NICOLET BANKSHARES INC RIA/Wealth | 0.17% $1.1M |
 Hanlon Investment Management, Inc. RIA/Wealth | 0.16% $266.9K |
 F/M Investments LLC ETF Provider | 0.15% $3.8M |
 THOMPSON INVESTMENT MANAGEMENT, INC. Long Only Manager | 0.10% $756.5K |
Hedge Fund Spotlight
Discover hedge funds investing in BFC
FJ Capital Management LLC
Hedge Fund • Long/Short
Portfolio ManagerMartin Saul Friedman
- Portfolio Value
- $999.9M
- Positions
- 144
- Last Reported
- Q3 2025
Sector Allocation
Position in Bank First Corporation
- Market Value
- $2.1M
- Shares Held
- 17.7K
- Portfolio Weight
- 0.21%
- Owned Since
- 2025-Q3
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Banks - Regional Financial Services | $68.8M | 6.88% | |
Unknown Unknown | $68.8M | 6.88% | |
Banks - Regional Financial Services | $52.2M | 5.22% |
