NBHC
National Bank Holdings Corporation · Financial Services · Banks - Regional
Momentum inputs (comparable managers):
holder breadth +14.3% ·
share flow -7.8% ·
net new positions +12.5%
— formula
Ownership fragmentation — more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q4 2024
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 85 | +3 | 25.33M | $1.12B | +6 | −3 |
| Q1 2026 | 85 | -1 | 25.74M | $1.01B | +8 | −9 |
| Q4 2025 | 86 | 0 | 27.02M | $1.03B | — | — |
| Q3 2025 | 18 | +1 | 17.39M | $672.03M | +1 | — |
| Q2 2025 | 14 | +1 | 16.69M | $627.62M | +1 | — |
| Q1 2025 | 10 | +2 | 6.76M | $258.67M | +2 | — |
| Q4 2024 | 8 | +1 | 6.57M | $282.98M | +1 | — |
| Q3 2024 | 6 | -1 | 5.25M | $220.95M | — | −1 |
| Q2 2024 | 7 | — | 5.65M | $220.75M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Wellington Management ✦ | 2.94M | -14.9% | $126.72M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 2 | Wellington Management ✦ | 2.94M | -14.9% | $126.72M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 3 | Wellington Management ✦ | 2.94M | -14.9% | $126.72M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 4 | State Street Global Advisors ✦ (passive) | 1.88M | — | $81.02M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | Geode Capital Management ✦ (passive) | 856.97K | -0.5% | $36.91M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 6 | Geode Capital Management ✦ (passive) | 856.97K | -0.5% | $36.91M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 7 | Renaissance Technologies ✦ | 803.20K | -3.5% | $34.59M | 0.1% | ▼ Trim | 3 | SEC ↗ |
| 8 | T. Rowe Price ✦ | 44.52K | -42.4% | $1.92M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 9 | Citadel Advisors ✦ | 19.85K | New | $854,655 | 0.0% | New | 1 | SEC ↗ |
| 10 | AQR Capital Management ✦ | 13.34K | +21.4% | $574,335 | 0.0% | ▲ Add | 3 | SEC ↗ |
| 11 | AQR Capital Management ✦ | 13.34K | +21.4% | $574,335 | 0.0% | ▲ Add | 3 | SEC ↗ |
| 12 | AQR Capital Management ✦ | 13.34K | +21.4% | $574,335 | 0.0% | ▲ Add | 3 | SEC ↗ |
| 13 | Millennium Management ✦ | 9.24K | +45.2% | $398,004 | 0.0% | ▲ Add | 3 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Citadel Advisors | $854,655 | 0.0% |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 213 holders, 40.28M shares, $1.51B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.