Nicolet Bankshares Discloses $623.9M Investment Portfolio, Including $107.1M in Own Stock
NIC sits 57% above its 52-week low of $97.9 on light trading volume (0.3× avg).
Summary
Nicolet Bankshares Inc. filed its quarterly 13F-HR, revealing a substantial $623.9 million institutional investment portfolio as of year-end 2025, which includes a significant holding of $107.1 million in its own common stock.
Key Events · Ownership and Investor Activity · NIC
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Disclosure of Institutional Investment Portfolio
Nicolet Bankshares Inc. reported total institutional investment holdings of $623.9 million as of December 31, 2025, indicating its role as an active investment manager.
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Significant Holding in Own Common Stock
The company disclosed holding 883,159 shares of its own common stock, valued at $107.1 million. This represents a substantial internal holding, approximately 4.7% of its market capitalization.
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Portfolio Snapshot Pre-Merger Completion
The reported holdings provide a financial snapshot of the company's investment activities prior to the full completion of its recently approved merger with MidWest One Financial Group, Inc.
Analysis · NIC · Finance
This 13F-HR filing provides a detailed snapshot of Nicolet Bankshares Inc.'s institutional investment holdings as of December 31, 2025. The company, acting as an institutional investment manager, reported a total portfolio value of $623.9 million. A key highlight is the disclosure of holding 883,159 shares of its own common stock, valued at $107.1 million. This represents a material portion of the company's market capitalization and could be related to treasury stock, employee benefit plans, or strategic capital management. While 13F filings are routine for investment managers, this report offers valuable transparency into Nicolet Bankshares' asset management activities and its internal share position, particularly relevant following the recent shareholder approval of its merger with MidWest One Financial Group, Inc. on January 26, 2026.
At the time of this filing, NIC was trading at $153.36 on NYSE in the Finance sector, with a market capitalization of approximately $2.3B. The 52-week trading range was $97.90 to $154.27. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.