Bank First Corporation (BFC) Ownership
BFC ownership summary
as of October 17, 2026- Institutions
- 39.3% of shares outstanding
- Insiders
- 10.33% of shares outstanding
- Shares outstanding
- 11.1M
- Float
- 9.9M shares available to trade
- Short interest
- 6.34% 667K shares short
- Days to cover
- 9.53 short interest up 2.3% vs prior month
- Institutions 39.29%
- Insiders 10.33%
- Other investors 50.38%
BFC top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | BlackRock Inc | 7.41% | 821K | $121.3M | +59,190 (+7.8%) | June 30, 2026 |
| 2 | Vanguard Capital Management, LLC | 4.20% | 465K | $68.7M | −5,563 (−1.2%) | June 30, 2026 |
| 3 | State Street Corp | 3.95% | 437K | $64.6M | +88,850 (+25.5%) | June 30, 2026 |
| 4 | Geode Capital Management, LLC | 2.67% | 296K | $43.8M | +14,346 (+5.1%) | June 30, 2026 |
| 5 | Dimensional Fund Advisors, Inc. | 1.69% | 188K | $27.7M | +28,000 (+17.5%) | June 30, 2026 |
| 6 | Merit Financial Group, LLC | 1.57% | 174K | $25.7M | −2,681 (−1.5%) | June 30, 2026 |
| 7 | Vanguard Portfolio Management, LLC | 1.32% | 147K | $21.6M | +10,607 (+7.8%) | June 30, 2026 |
| 8 | Northern Trust Corp | 0.94% | 104K | $15.4M | +5,680 (+5.8%) | June 30, 2026 |
| 9 | Bank of Montreal | 0.94% | 104K | $15.3M | — | June 30, 2026 |
| 10 | BMO Capital Markets Corp. | 0.94% | 104K | $15.3M | — | June 30, 2026 |
| 11 | Charles Schwab Investment Management Inc | 0.77% | 85K | $12.6M | +1,211 (+1.4%) | June 30, 2026 |
| 12 | First Trust Advisors L.P. | 0.64% | 71K | $10.4M | −2,431 (−3.3%) | June 30, 2026 |
| 13 | Vanguard Fiduciary Trust Co | 0.62% | 68K | $10.1M | +413 (+0.6%) | June 30, 2026 |
| 14 | Creative Planning Inc | 0.53% | 59K | $8.7M | +378 (+0.6%) | June 30, 2026 |
| 15 | J.W. COLE ADVISORS, INC. | 0.47% | 52K | $7.7M | +52,307 (0.0%) | June 30, 2026 |
| 16 | Nicolet Bankshares Inc | 0.46% | 52K | $7.6M | +15 (+0.0%) | June 30, 2026 |
| 17 | Marshall Wace Asset Management Ltd | 0.43% | 48K | $7.1M | +42,956 (+870.1%) | June 30, 2026 |
| 18 | Bank of New York Mellon Corp | 0.41% | 45K | $6.7M | +3,273 (+7.8%) | June 30, 2026 |
| 19 | Stifel Financial Corp | 0.38% | 42K | $6.3M | — | June 30, 2026 |
| 20 | Morgan Stanley - Brokerage Accounts | 0.38% | 42K | $6.2M | +4,155 (+10.9%) | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 14 holders added 311K shares and 3 cut 11K.
BFC top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Vanguard MStar Total Stk Mkt Idx Invest | 3.06% | 339K | $50.1M | −773 (−0.2%) | August 31, 2026 |
| 2 | iShares Russell 2000 ETF | 2.44% | 271K | $40.0M | +3,544 (+1.3%) | September 30, 2026 |
| 3 | State Street® SPDR® S&PRgnllBkgETF | 1.06% | 118K | $17.4M | +3,520 (+3.1%) | September 30, 2026 |
| 4 | Fidelity Small Cap Index | 1.02% | 113K | $16.7M | +1,005 (+0.9%) | July 31, 2026 |
| 5 | iShares Russell 2000 Value ETF | 0.73% | 80K | $11.9M | +122 (+0.2%) | September 30, 2026 |
| 6 | Vanguard Russell 2000 ETF | 0.54% | 60K | $8.8M | +1,373 (+2.4%) | August 31, 2026 |
| 7 | Vanguard Dividend Appreciation ETF | 0.52% | 58K | $8.5M | +63 (+0.1%) | August 31, 2026 |
| 8 | Schwab US Small-Cap ETF™ | 0.49% | 54K | $8.0M | +36 (+0.1%) | September 30, 2026 |
| 9 | Fidelity Extended Market Index | 0.44% | 49K | $7.2M | −1,019 (−2.0%) | August 31, 2026 |
| 10 | DFA US Small Cap I | 0.34% | 37K | $5.5M | — | August 31, 2026 |
| 11 | Dimensional US Small Cap ETF | 0.33% | 37K | $5.4M | — | September 30, 2026 |
| 12 | Stt StrtSPDRMSCIAllCountryWorldInvMktETF | 0.31% | 35K | $5.1M | +3,285 (+10.5%) | August 31, 2026 |
| 13 | iShares Micro-Cap ETF | 0.29% | 32K | $4.8M | −224 (−0.7%) | September 30, 2026 |
| 14 | DFA US Micro Cap I | 0.24% | 27K | $4.0M | +972 (+3.7%) | August 31, 2026 |
| 15 | First Trust Small Cap Gr AlphaDEX® ETF | 0.23% | 26K | $3.8M | +46 (+0.2%) | September 30, 2026 |
| 16 | Schwab Small Cap Index | 0.23% | 25K | $3.7M | +256 (+1.0%) | August 31, 2026 |
| 17 | Fidelity® SAI Small-Mid Cap Momt Idx | 0.22% | 24K | $3.6M | +1,130 (+4.9%) | August 31, 2026 |
| 18 | Dimensional US Core Equity 2 ETF | 0.19% | 21K | $3.1M | — | September 30, 2026 |
| 19 | Avantis US Small Cap Equity ETF | 0.18% | 20K | $3.0M | +12 (+0.1%) | September 30, 2026 |
| 20 | Stt Strt SPDR® Russell2000 US SmCapETF | 0.18% | 20K | $2.9M | +948 (+5.0%) | August 31, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
BFC insider transactions
latest 6| Date | Name | Transaction | Price | Shares | Value |
|---|---|---|---|---|---|
| 2026-04-22 | Todd A Sprang | Buy | $138.96 | 450 | $62,532 |
| 2026-04-21 | Michael S Stayer-Suprick | Buy | $140.04 | 225 | $31,509 |
| 2026-02-11 | Steven M Eldred | Sell | $151.95 | 8,000 | $1.2M |
| 2026-02-06 | Steven M Eldred | Sell | $145.02 | 8,000 | $1.2M |
| 2026-01-27 | Todd A Sprang | Buy | $141.06 | 150 | $21,159 |
| 2025-08-19 | Michael S Stayer-Suprick | Buy | $122.67 | 410 | $50,295 |
Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.
BFC shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns BFC
Institutional investors own 39.3% of Bank First's shares and insiders 10.33%. The largest holder is BlackRock Inc with 7.41% of the shares (821K), as of June 30, 2026. Among the top 20 institutions, 14 added shares and 3 reduced their stake in the latest filings. Short interest is 6.34% of the float, or 9.53 days of average trading volume. The share count rose 55.8% since 2014.
Related: BFC analyst forecast, BFC key metrics, BFC dividend history. See the BFC stock overview for the latest quote and news.
BFC ownership FAQ
Who owns the most Bank First stock?
The largest shareholders of Bank First are BlackRock Inc (7.41%), Vanguard Capital Management, LLC (4.20%), State Street Corp (3.95%), Geode Capital Management, LLC (2.67%), Dimensional Fund Advisors, Inc. (1.69%).
What percentage of Bank First is owned by institutions?
Institutions hold 39.3% of Bank First's shares outstanding; insiders hold 10.33%.
Which funds own Bank First?
The largest fund holders of Bank First are Vanguard MStar Total Stk Mkt Idx Invest (3.06%), iShares Russell 2000 ETF (2.44%), State Street® SPDR® S&PRgnllBkgETF (1.06%), Fidelity Small Cap Index (1.02%), iShares Russell 2000 Value ETF (0.73%).
What is Bank First's short interest?
667K shares of Bank First were sold short, 6.34% of the float; at the average daily volume it would take 9.53 days to cover.
Are insiders buying or selling Bank First?
Of the latest 6 reported insider transactions in Bank First (since August 19, 2025), 4 were purchases and 2 were sales.
How many shares of Bank First are outstanding?
Bank First has 11.1M shares outstanding, of which 9.9M are in the public float.