Ulysses Management’s Bank of N.T. Butterfield & Son NTB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$1.97M	Buy	37,500 +7,500	+25%	+$385K	0.74%	22
2025 Q4	$1.49M	Sell	30,000 -30,407	-50%	-$1.4M	0.39%	34
2025 Q3	$2.59M	Hold	60,407	–	–	0.6%	29
2025 Q2	$2.67M	Hold	60,407	–	–	0.58%	32
2025 Q1	$2.35M	Sell	60,407 -39,593	-40%	-$1.5M	0.59%	30
2024 Q4	$3.65M	Hold	100,000	–	–	0.85%	27
2024 Q3	$3.69M	Hold	100,000	–	–	0.85%	28
2024 Q2	$3.51M	Hold	100,000	–	–	0.84%	29
2024 Q1	$3.2M	Buy	100,000 +20,000	+25%	+$608K	0.69%	35
2023 Q4	$2.56M	Buy	80,000 +10,000	+14%	+$283K	0.63%	36
2023 Q3	$1.9M	Buy	70,000 +10,000	+17%	+$291K	0.54%	32
2023 Q2	$1.64M	Buy	60,000 +20,000	+50%	+$520K	0.42%	33
2023 Q1	$1.08M	Sell	40,000 -5,000	-11%	-$160K	0.33%	37
2022 Q4	$1.34M	Buy	45,000 +15,000	+50%	+$496K	0.39%	26
2022 Q3	$974K	Hold	30,000	–	–	0.26%	35
2022 Q2	$936K	Buy	30,000 +5,000	+20%	+$160K	0.25%	39
2022 Q1	$897K	Sell	25,000 -233	-0.9%	-$8.84K	0.2%	40
2021 Q4	$962K	Sell	25,233 -24,767	-50%	-$941K	0.17%	44
2021 Q3	$1.78M	Hold	50,000	–	–	0.31%	37
2021 Q2	$1.77M	Hold	50,000	–	–	0.3%	39
2021 Q1	$1.91M	Sell	50,000 -25,000	-33%	-$882K	0.31%	47
2020 Q4	$2.34M	Buy	75,000 +25,000	+50%	+$735K	0.44%	35
2020 Q3	$1.11M	Buy	50,000 +10,000	+25%	+$251K	0.23%	46
2020 Q2	$976K	Sell	40,000 -5,000	-11%	-$109K	0.2%	35
2020 Q1	$766K	Sell	45,000 -5,000	-10%	-$147K	0.22%	30
2019 Q4	$1.85M	Sell	50,000 -25,000	-33%	-$835K	0.39%	36
2019 Q3	$2.22M	Buy	+75,000	New	+$2.28M	0.49%	36