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NICNICOLET BANKSHARES INC

51

Mixed Signals

Smart Money Trend

18-Q1

18-Q2

18-Q3

19-Q2

22-Q4

23-Q4

24-Q1

24-Q2

24-Q3

24-Q4

25-Q1

25-Q2

25-Q4

1

New Buys

0

Adding

2

Holding

0

Trimming

Fund Holders (3 funds)

Fund	% of Portfolio	Value	Action
Baupost Group	0.0%	$4.6B	New Buy
D.E. Shaw	0.0%	$7.9B	Holding
Canyon Capital	0.0%	$5.2B	Holding