Who owns National Bank Holdings (NBHC)
Which tracked institutional funds hold NBHC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See NBHC company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
70 tracked funds added or opened NBHC while 36 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
NBHC’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes NBHC more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in NBHC divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 207 tracked filers holding NBHC, 104 increased or opened the position and 118 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in NBHC between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 14
- Brevan Howard Capital Management LP$7M
- Interval Partners, LP$4M
- BOOTHBAY FUND MANAGEMENT, LLC$3M
- BASSWOOD CAPITAL MANAGEMENT, L.L.C.$2M
- Walleye Capital LLC$2M
- Man Group plc$2M
Full exits 17
- T. Rowe Price Investment Management, Inc.$46M
- THOMPSON SIEGEL & WALMSLEY LLC$6M
- BESSEMER GROUP INC$6M
- Focus Partners Advisor Solutions, LLC$4M
- MILLENNIUM MANAGEMENT LLC$4M
- Texas Capital Bank Wealth Management Services Inc$3M
Largest adds
- BlackRock, Inc.$132M
- VANGUARD PORTFOLIO MANAGEMENT LLC$20M
- STATE STREET CORP$18M
- DIMENSIONAL FUND ADVISORS LP$17M
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$14M
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC$14M
Largest trims
- WELLINGTON MANAGEMENT GROUP LLP$30M
- UBS Group AG$18M
- BNP PARIBAS FINANCIAL MARKETS$17M
- AMERICAN CENTURY COMPANIES INC$7M
- XTX Topco Ltd$2M
- HSBC HOLDINGS PLC$2M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 6,496,044 | $289M | 16.7% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 2,738,063 | $122M | 7.1% | 2026-Q2 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC added | 2,497,817 | $111M | 6.4% | 2026-Q2 |
| STATE STREET CORP added | 2,319,666 | $103M | 6.0% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 2,237,135 | $99M | 5.8% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 1,911,985 | $85M | 4.9% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,686,848 | $75M | 4.3% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 1,300,690 | $58M | 3.4% | 2026-Q2 |
| WESTWOOD HOLDINGS GROUP INC trimmed | 1,276,350 | $57M | 3.3% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,136,925 | $51M | 2.9% | 2026-Q2 |
| DEPRINCE RACE & ZOLLO INC trimmed | 903,660 | $40M | 2.3% | 2026-Q2 |
| SEGALL BRYANT & HAMILL, LLC trimmed | 863,917 | $38M | 2.2% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 715,453 | $32M | 1.8% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 689,242 | $31M | 1.8% | 2026-Q2 |
| KENNEDY CAPITAL MANAGEMENT LLC trimmed | 666,354 | $30M | 1.7% | 2026-Q2 |
| Nuveen, LLC trimmed | 573,039 | $25M | 1.5% | 2026-Q2 |
| ENDEAVOUR CAPITAL ADVISORS INC trimmed | 556,478 | $25M | 1.4% | 2026-Q2 |
| Leeward Investments, LLC - MA trimmed | 508,755 | $23M | 1.3% | 2026-Q2 |
| NORTHERN TRUST CORP added | 494,192 | $22M | 1.3% | 2026-Q2 |
| Aristotle Capital Boston, LLC trimmed | 485,740 | $22M | 1.3% | 2026-Q2 |
| North Reef Capital Management LP added | 437,241 | $19M | 1.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 425,864 | $19M | 1.1% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 417,323 | $19M | 1.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 374,209 | $17M | 1.0% | 2026-Q2 |
| Bank of New York Mellon Corp added | 363,016 | $16M | 0.9% | 2026-Q2 |
| MORGAN STANLEY trimmed | 334,578 | $15M | 0.9% | 2026-Q2 |
| MALTESE CAPITAL MANAGEMENT LLC added | 322,500 | $14M | 0.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 294,137 | $13M | 0.8% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 279,598 | $12M | 0.7% | 2026-Q2 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC added | 264,730 | $12M | 0.7% | 2026-Q2 |
| Invesco Ltd. added | 259,900 | $12M | 0.7% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 224,917 | $10M | 0.6% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 222,480 | $9M | 0.5% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 218,747 | $10M | 0.6% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 216,451 | $10M | 0.6% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 215,226 | $10M | 0.6% | 2026-Q2 |
| Empowered Funds, LLC added | 206,557 | $9M | 0.5% | 2026-Q2 |
| Penn Capital Management Company, LLC added | 162,446 | $7M | 0.4% | 2026-Q2 |
| Public Sector Pension Investment Board trimmed | 153,879 | $7M | 0.4% | 2026-Q2 |
| Brevan Howard Capital Management LP added | 150,000 | $7M | 0.4% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC trimmed | 146,872 | $7M | 0.4% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 140,789 | $6M | 0.4% | 2026-Q2 |
| JACOBS ASSET MANAGEMENT, LLC | 120,000 | $5M | 0.3% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC added | 117,029 | $5M | 0.3% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 115,610 | $5M | 0.3% | 2026-Q2 |
| PEREGRINE CAPITAL MANAGEMENT LLC trimmed | 112,617 | $5M | 0.3% | 2026-Q2 |
| UBS Group AG trimmed | 107,619 | $5M | 0.3% | 2026-Q2 |
| Squire Investment Management Company, LLC | 106,976 | $5M | 0.3% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 106,500 | $5M | 0.3% | 2026-Q2 |
| Legal & General Group Plc trimmed | 95,788 | $4M | 0.2% | 2026-Q2 |
| Boston Partners trimmed | 91,987 | $4M | 0.2% | 2026-Q2 |
| Swiss National Bank added | 82,900 | $4M | 0.2% | 2026-Q2 |
| Interval Partners, LP new | 81,413 | $4M | 0.2% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 79,512 | $4M | 0.2% | 2026-Q2 |
| BARCLAYS PLC added | 75,567 | $3M | 0.2% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 75,555 | $3M | 0.2% | 2026-Q2 |
| FMR LLC added | 72,001 | $3M | 0.2% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC new | 67,425 | $3M | 0.2% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 63,587 | $3M | 0.2% | 2026-Q2 |
| Quantinno Capital Management LP added | 62,149 | $3M | 0.2% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 60,994 | $3M | 0.2% | 2026-Q2 |
| IEQ CAPITAL, LLC trimmed | 60,678 | $3M | 0.2% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 57,057 | $3M | 0.1% | 2026-Q2 |
| CITIGROUP INC trimmed | 51,571 | $2M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 48,161 | $2M | 0.1% | 2026-Q2 |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. | 46,956 | $2M | 0.1% | 2026-Q2 |
| Creative Planning added | 46,273 | $2M | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 45,093 | $2M | 0.1% | 2026-Q2 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 42,063 | $2M | 0.1% | 2026-Q2 |
| Walleye Capital LLC added | 40,483 | $2M | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 38,609 | $2M | 0.1% | 2026-Q2 |
| Man Group plc added | 37,984 | $2M | 0.1% | 2026-Q2 |
| Mirae Asset Global Investments Co., Ltd. added | 37,429 | $2M | 0.1% | 2026-Q2 |
| Jefferies Financial Group Inc. | 37,097 | $2M | 0.1% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 36,640 | $2M | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 35,774 | $2M | 0.1% | 2026-Q2 |
| MOODY NATIONAL BANK TRUST DIVISION | 35,642 | $2M | 0.1% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 35,307 | $2M | 0.1% | 2026-Q2 |
| PMC FIG Opportunities LLC new | 34,132 | $2M | 0.1% | 2026-Q2 |
| Rafferty Asset Management, LLC trimmed | 32,649 | $1M | 0.1% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC added | 31,861 | $1M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd | 28,486 | $1M | 0.1% | 2026-Q2 |
| ISLAY CAPITAL MANAGEMENT, LLC added | 26,945 | $1M | 0.1% | 2026-Q2 |
| Rosenthal | Henry Capital Advisors, Inc. trimmed | 26,000 | $1M | 0.1% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 25,970 | $1M | 0.1% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 25,777 | $1M | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC added | 25,474 | $1M | 0.1% | 2026-Q2 |
| Illinois Municipal Retirement Fund added | 23,477 | $1M | 0.1% | 2026-Q2 |
| North Star Investment Management Corp. | 22,000 | $977K | 0.1% | 2026-Q2 |
| XTX Topco Ltd trimmed | 21,833 | $970K | 0.1% | 2026-Q2 |
| HOWARD FINANCIAL SERVICES, LTD. trimmed | 21,191 | $942K | 0.1% | 2026-Q2 |
| Numerai GP LLC trimmed | 20,876 | $928K | 0.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 20,138 | $895K | 0.1% | 2026-Q2 |
| Louisiana State Employees Retirement System | 20,000 | $783K | 0.0% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 19,422 | $861K | 0.0% | 2026-Q2 |
| Mariner, LLC trimmed | 18,933 | $841K | 0.0% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 17,902 | $795K | 0.0% | 2026-Q2 |
| HSBC HOLDINGS PLC trimmed | 17,390 | $772K | 0.0% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 16,810 | $747K | 0.0% | 2026-Q2 |
| Squarepoint Ops LLC added | 16,655 | $740K | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.