National Bank Holdings Corporation (NBHC) Ownership
NBHC ownership summary
as of October 18, 2026- Institutions
- 96.3% of shares outstanding
- Insiders
- 5.78% of shares outstanding
- Shares outstanding
- 44.3M
- Float
- 42.5M shares available to trade
- Short interest
- 5.43% 2.0M shares short
- Days to cover
- 4.84 short interest up 19.6% vs prior month
- Institutions 96.34%
- Insiders 5.78%
NBHC top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | BlackRock Inc | 14.67% | 6.5M | $246.3M | +983,290 (+17.8%) | June 30, 2026 |
| 2 | Vanguard Portfolio Management, LLC | 6.18% | 2.7M | $103.8M | +148,471 (+5.7%) | June 30, 2026 |
| 3 | William Blair Investment Management, LLC | 5.64% | 2.5M | $94.7M | +22,956 (+0.9%) | June 30, 2026 |
| 4 | State Street Corp | 5.24% | 2.3M | $88.0M | +142,289 (+6.5%) | June 30, 2026 |
| 5 | Dimensional Fund Advisors, Inc. | 5.05% | 2.2M | $84.8M | +136,191 (+6.5%) | June 30, 2026 |
| 6 | Vanguard Capital Management, LLC | 4.32% | 1.9M | $72.5M | +65,137 (+3.5%) | June 30, 2026 |
| 7 | Charles Schwab Investment Management Inc | 3.81% | 1.7M | $64.0M | +142,320 (+9.2%) | June 30, 2026 |
| 8 | T. Rowe Price Investment Management,Inc. | 3.11% | 1.4M | $52.3M | +203,756 (+17.3%) | June 30, 2026 |
| 9 | Wellington Management Company LLP | 2.94% | 1.3M | $49.3M | −943,298 (−42.0%) | June 30, 2026 |
| 10 | Westwood Holdings Group Inc | 2.88% | 1.3M | $48.4M | −144,540 (−10.2%) | June 30, 2026 |
| 11 | Geode Capital Management, LLC | 2.57% | 1.1M | $43.1M | +121,861 (+12.0%) | June 30, 2026 |
| 12 | DePrince Race & Zollo Inc | 2.00% | 885K | $33.5M | −19,107 (−2.1%) | September 30, 2026 |
| 13 | Segall Bryant & Hamill | 1.95% | 864K | $32.8M | −21,453 (−2.4%) | June 30, 2026 |
| 14 | Renaissance Technologies Corp | 1.62% | 715K | $27.1M | −78,647 (−9.9%) | June 30, 2026 |
| 15 | Two Sigma Investments LLC | 1.56% | 689K | $26.1M | +116,509 (+20.3%) | June 30, 2026 |
| 16 | Kennedy Capital Management Inc | 1.50% | 666K | $25.3M | −17,527 (−2.6%) | June 30, 2026 |
| 17 | Nuveen, LLC | 1.29% | 573K | $21.7M | −66,181 (−10.4%) | June 30, 2026 |
| 18 | Endeavour Capital Advisors Inc | 1.26% | 556K | $21.1M | −19,198 (−3.3%) | June 30, 2026 |
| 19 | Leeward Investments, LLC - MA | 1.15% | 509K | $19.3M | −11,165 (−2.1%) | June 30, 2026 |
| 20 | Northern Trust Corp | 1.12% | 494K | $18.7M | +66,799 (+15.6%) | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 11 holders added 2.1M shares and 9 cut 1.3M.
NBHC top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | iShares Core S&P Small-Cap ETF | 6.02% | 2.7M | $101.1M | — | September 30, 2026 |
| 2 | Vanguard MStar Total Stk Mkt Idx Invest | 3.06% | 1.4M | $51.4M | — | August 31, 2026 |
| 3 | Schwab US Dividend Equity ETF™ | 2.78% | 1.2M | $46.7M | +3,312 (+0.3%) | September 30, 2026 |
| 4 | iShares Russell 2000 ETF | 2.45% | 1.1M | $41.1M | — | September 30, 2026 |
| 5 | Vanguard Small Cap Index | 2.15% | 953K | $36.1M | −25,486 (−2.6%) | September 30, 2026 |
| 6 | T. Rowe Price Small-Cap Value | 1.78% | 788K | $29.9M | — | September 30, 2026 |
| 7 | Vanguard MStar Small Cap Value Index | 1.40% | 620K | $23.5M | −1,937 (−0.3%) | September 30, 2026 |
| 8 | State Street® SPDR® S&PRgnllBkgETF | 1.25% | 555K | $21.1M | +16,608 (+3.1%) | September 30, 2026 |
| 9 | Fidelity Small Cap Index | 1.08% | 478K | $18.1M | +3,289 (+0.7%) | July 31, 2026 |
| 10 | American Beacon Small Cp Val R5 | 1.04% | 461K | $17.5M | −1,512 (−0.3%) | August 31, 2026 |
| 11 | William Blair Small Cap Growth I | 0.96% | 423K | $16.1M | — | August 31, 2026 |
| 12 | DFA US Small Cap Value I | 0.93% | 414K | $15.7M | +68,145 (+19.7%) | August 31, 2026 |
| 13 | iShares Russell 2000 Value ETF | 0.92% | 409K | $15.5M | — | September 30, 2026 |
| 14 | State Street SPDR Port S&P 600 Sm CpETF | 0.92% | 408K | $15.5M | — | September 30, 2026 |
| 15 | iShares S&P Small-Cap 600 Value ETF | 0.85% | 377K | $14.3M | — | September 30, 2026 |
| 16 | DFA US Targeted Value I | 0.67% | 297K | $11.3M | — | August 31, 2026 |
| 17 | Westwood Quality SmallCap Fund Inst | 0.65% | 288K | $10.9M | −30,216 (−9.5%) | September 30, 2026 |
| 18 | William Blair Small Cap Value I | 0.61% | 271K | $10.3M | — | August 31, 2026 |
| 19 | Vanguard Tax-Managed Small Cap Adm | 0.59% | 263K | $10.0M | — | September 30, 2026 |
| 20 | Dimensional US Small Cap Value ETF | 0.58% | 255K | $9.7M | +126 (+0.0%) | September 24, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
NBHC insider transactions
latest 1| Date | Name | Transaction | Price | Shares | Value |
|---|---|---|---|---|---|
| 2026-02-11 | John Steinmetz | Buy | $41.41 | 24,200 | $1.0M |
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.
NBHC shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns NBHC
Institutional investors own 96.3% of National Bank's shares and insiders 5.78%. The largest holder is BlackRock Inc with 14.67% of the shares (6.5M), as of June 30, 2026. Among the top 20 institutions, 11 added shares and 9 reduced their stake in the latest filings. Short interest is 5.43% of the float, or 4.84 days of average trading volume. The share count fell 3.2% since 2014.
Related: NBHC analyst forecast, NBHC key metrics, NBHC dividend history. See the NBHC stock overview for the latest quote and news.
NBHC ownership FAQ
Who owns the most National Bank stock?
The largest shareholders of National Bank are BlackRock Inc (14.67%), Vanguard Portfolio Management, LLC (6.18%), William Blair Investment Management, LLC (5.64%), State Street Corp (5.24%), Dimensional Fund Advisors, Inc. (5.05%).
What percentage of National Bank is owned by institutions?
Institutions hold 96.3% of National Bank's shares outstanding; insiders hold 5.78%.
Which funds own National Bank?
The largest fund holders of National Bank are iShares Core S&P Small-Cap ETF (6.02%), Vanguard MStar Total Stk Mkt Idx Invest (3.06%), Schwab US Dividend Equity ETF™ (2.78%), iShares Russell 2000 ETF (2.45%), Vanguard Small Cap Index (2.15%).
What is National Bank's short interest?
2.0M shares of National Bank were sold short, 5.43% of the float; at the average daily volume it would take 4.84 days to cover.
Are insiders buying or selling National Bank?
Of the latest 1 reported insider transactions in National Bank (since February 11, 2026), 1 were purchases and 0 were sales.
How many shares of National Bank are outstanding?
National Bank has 44.3M shares outstanding, of which 42.5M are in the public float.