National Bank Holdings Corporation
US ˙ NYSE ˙ US6337071046

SecurityNBHC / National Bank Holdings Corporation
InstitutionSei Investments Co
Latest Disclosed Ownership318,220 shares
Latest Disclosed Value $ 12,095,447
Sei Investments Co reports 1.77% increase in ownership of NBHC / National Bank Holdings Corporation

On February 13, 2026 - Sei Investments Co filed a 13F-HR form disclosing ownership of 318,220 shares of National Bank Holdings Corporation (US:NBHC) valued at $12,095,542 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 13, 2025 disclosing 312,680 shares of National Bank Holdings Corporation. This represents a change in shares of 1.77% during the quarter. The current value of the position is $13,425,702 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-02-13 2025-12-31 13F NATIONAL BK HLDGS CL A 633707104 318,220 5,540 1.77 12,095 0.12 0.0119
2025-11-13 2025-09-30 13F NATIONAL BK HLDGS CL A 633707104 312,680 -2,949 -0.93 12,082 1.78 0.0130
2025-08-14 2025-06-30 13F NATIONAL BK HLDGS CL A 633707104 315,629 32,736 11.57 11,871 9.64 0.0138
2025-05-14 2025-03-31 13F/A-1 NATIONAL BK HLDGS CL A 633707104 282,893 19,130 7.25 10,826 -4.68 0.0139
2025-05-13 2025-03-31 13F NATIONAL BK HLDGS CL A 633707104 264,378 615 11,340 0.0123
2025-02-11 2024-12-31 13F NATIONAL BK HLDGS CL A 633707104 263,763 10,427 4.12 11,358 6.49 0.0146
2024-11-12 2024-09-30 13F NATIONAL BK HLDGS CL A 633707104 253,336 -46,284 -15.45 10,666 -8.85 0.0139
2024-08-13 2024-06-30 13F NATIONAL BK HLDGS CL A 633707104 299,620 -21,413 -6.67 11,700 1.04 0.0166
2024-05-07 2024-03-31 13F NATIONAL BK HLDGS CL A 633707104 321,033 -15,823 -4.70 11,580 -7.57 0.0170
2024-02-14 2023-12-31 13F NATIONAL BK HLDGS CL A 633707104 336,856 -4,995 -1.46 12,528 23.14 0.0201
2023-11-14 2023-09-30 13F NATIONAL BK HLDGS CL A 633707104 341,851 -12,273 -3.47 10,174 -1.07 0.0183
2023-08-11 2023-06-30 13F NATIONAL BK HLDGS CL A 633707104 354,124 7,131 2.06 10,284 -11.43 0.0179
2023-05-12 2023-03-31 13F NATIONAL BK HLDGS CL A 633707104 346,993 23,578 7.29 11,610 -14.67 0.0216
2023-02-10 2022-12-31 13F NATIONAL BK HLDGS CL A 633707104 323,415 10,193 3.25 13,606 17.43 0.0302
2022-11-14 2022-09-30 13F NATIONAL BK HLDGS CL A 633707104 313,222 -12,589 -3.86 11,586 -7.06 0.0258
2022-08-15 2022-06-30 13F NATIONAL BK HLDGS CL A 633707104 325,811 3,248 1.01 12,466 -4.05 0.0269
2022-05-13 2022-03-31 13F NATIONAL BK HLDGS CL A 633707104 322,563 6,531 2.07 12,992 -6.43 0.0261
2022-02-14 2021-12-31 13F NATIONAL BK HLDGS CL A 633707104 316,032 70,712 28.82 13,885 40.10 0.0260
2021-11-12 2021-09-30 13F NATIONAL BK HLDGS CL A 633707104 245,320 -29,044 -10.59 9,911 -4.08 0.0208
2021-08-06 2021-06-30 13F NATIONAL BK HLDGS CL A 633707104 274,364 -1,093 -0.40 10,333 -5.20 0.0229
2021-05-12 2021-03-31 13F NATIONAL BK HLDGS CL A 633707104 275,457 -23,120 -7.74 10,900 11.65 0.0275
2021-02-08 2020-12-31 13F NATIONAL BK HLDGS CL A 633707104 298,577 -26,409 -8.13 9,763 14.44 0.0252
2020-12-04 2020-09-30 13F/A-1 NATIONAL BK HLDGS CL A 633707104 324,986 18,711 6.11 8,531 3.17 0.0247
2020-11-06 2020-09-30 13F NATIONAL BK HLDGS CL A 633707104 324,986 18,711 8,531 20,540.7512
2020-08-17 2020-06-30 13F/A-1 NATIONAL BK HLDGS CL A 633707104 306,275 23,722 8.40 8,269 22.45 0.0257
2020-08-11 2020-06-30 13F NATIONAL BK HLDGS CL A 633707104 298,513 15,960 10,514 28,519.7847
2020-05-14 2020-03-31 13F NATIONAL BK HLDGS CL A 633707104 282,553 -15,960 -5.35 6,753 -35.77 0.0248
2020-02-06 2019-12-31 13F NATIONAL BK HLDGS CL A 633707104 298,513 24,341 8.88 10,514 12.16 0.0314
2019-11-12 2019-09-30 13F NATIONAL BK HLDGS CL A 633707104 274,172 -16,856 -5.79 9,374 -11.26 0.0240
2019-08-14 2019-06-30 13F NATIONAL BK HLDGS CL A 633707104 291,028 16,697 6.09 10,564 15.78 0.0345
2019-05-15 2019-03-31 13F NATIONAL BK HLDGS CL A 633707104 274,331 18,322 7.16 9,124 -5.34 0.0306
2019-02-13 2018-12-31 13F NATIONAL BK HLDGS CL A 633707104 256,009 0 0.00 9,639 0.00 0.0343
2018-11-08 2018-09-30 13F NATIONAL BK HLDGS CL A 633707104 256,009 20,445 8.68 9,639 6.03 0.0349
2018-08-03 2018-06-30 13F NATIONAL BK HLDGS CL A 633707104 235,564 15,201 6.90 9,091 24.06 0.0309
2018-05-11 2018-03-31 13F NATIONAL BK HLDGS CL A 633707104 220,363 95,663 76.71 7,328 81.21 0.0281
2018-02-08 2017-12-31 13F NATIONAL BK HLDGS CL A 633707104 124,700 66,663 114.86 4,044 95.17 0.0140
2017-11-06 2017-09-30 13F NATIONAL BK HLDGS CL A 633707104 58,037 165 0.29 2,072 8.14 0.0074
2017-07-31 2017-06-30 13F NATIONAL BK HLDGS CL A 633707104 57,872 2,728 4.95 1,916 6.86 0.0076
2017-05-05 2017-03-31 13F NATIONAL BK HLDGS CL A 633707104 55,144 36,728 199.44 1,793 205.45 0.0079
2017-02-02 2016-12-31 13F NATIONAL BK HLDGS CL A 633707104 18,416 13,577 280.57 587 419.47 0.0028
2016-11-04 2016-09-30 13F NATIONAL BK HLDGS CL A 633707104 4,839 1,179 32.21 113 52.70 0.0006
2016-08-11 2016-06-30 13F NATIONAL BK HLDGS CL A 633707104 3,660 2,289 166.96 74 164.29 0.0004
2016-05-10 2016-03-31 13F/A-1 NATIONAL BK HLDGS CL A 633707104 1,371 -3,692 -72.92 28 -74.31 0.0002
2016-02-03 2015-12-31 13F NATIONAL BK HLDGS CL A 633707104 5,063 4,727 1,406.85 109 1,716.67 0.0007
2015-11-02 2015-09-30 13F/A-1 NATIONAL BK HLDGS CL A 633707104 336 227 208.26 6 200.00 0.0001
2015-10-30 2015-09-30 13F NATIONAL BK HLDGS CL A 633707104 336 8
2015-08-07 2015-06-30 13F/A-1 NATIONAL BK HLDGS CL A 633707104 109 109 2 0.0000
2015-08-04 2015-06-30 13F NATIONAL BK HLDGS CL A 633707104 109 109 2 0.0000
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.