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National Bank Holdings

133 hedge funds and large institutions have $985M invested in National Bank Holdings in 2019 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 49 increasing their positions, 48 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more capital invested

Capital invested by funds: $876M → $985M (+$109M)

3.91% more ownership

Funds ownership: 92%95.9% (+3.9%)

2% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 48

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

2% less funds holding

Funds holding: 136133 (-3)

11% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 18

Holders
133
Holders Change
-3
Holders Change %
-2.21%
% of All Funds
2.88%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
16
Increased
49
Reduced
48
Closed
18
Calls
$2.14M
Puts
Net Calls
+$2.14M
Net Calls Change
+$2.14M
Name Holding Trade Value Shares
Change
Change in
Stake
SEI Investments
26
SEI Investments
Pennsylvania
$9.12M +$613K +18,322 +7%
TCIM
27
TIAA CREF Investment Management
New York
$8.78M -$555K -16,577 -6%
Handelsbanken Fonder
28
Handelsbanken Fonder
Sweden
$8.76M +$8.82M +263,400 New
Goldman Sachs
29
Goldman Sachs
New York
$8.7M +$5.11M +152,729 +140%
Charles Schwab
30
Charles Schwab
California
$7.48M +$428K +12,782 +6%
Jacobs Levy Equity Management
31
Jacobs Levy Equity Management
New Jersey
$7.34M +$2.17M +64,900 +42%
Principal Financial Group
32
Principal Financial Group
Iowa
$6.93M -$50.4K -1,505 -0.7%
KCM
33
Kennedy Capital Management
Missouri
$6.61M +$5.98M +178,509 +885%
Thrivent Financial for Lutherans
34
Thrivent Financial for Lutherans
Minnesota
$6.6M +$82.6K +2,468 +1%
Mackenzie Financial
35
Mackenzie Financial
Ontario, Canada
$5.63M +$5.66M +169,121 New
TA
36
Teachers Advisors
New York
$5.58M +$382K +11,399 +7%
Robeco Institutional Asset Management
37
Robeco Institutional Asset Management
Netherlands
$5.03M -$4.04M -120,733 -44%
EBIM
38
Eagle Boston Investment Management
Massachusetts
$3.92M -$2.63M -78,682 -40%
SO
39
STRS Ohio
Ohio
$3.52M
BNP Paribas Asset Management
40
BNP Paribas Asset Management
France
$3.49M +$3.51M +104,890 New
AL
41
AJO LP
Pennsylvania
$2.68M -$1.74M -52,062 -39%
RhumbLine Advisers
42
RhumbLine Advisers
Massachusetts
$2.63M +$19.7K +588 +0.7%
Bank of America
43
Bank of America
North Carolina
$2.54M -$728K -21,756 -22%
PPA
44
Parametric Portfolio Associates
Washington
$2.14M -$133K -3,959 -6%
BGIM
45
Brandywine Global Investment Management
Pennsylvania
$2.07M +$10.3K +308 +0.5%
Legal & General Group
46
Legal & General Group
United Kingdom
$2.05M +$196K +5,861 +11%
First Trust Advisors
47
First Trust Advisors
Illinois
$1.93M +$1.47M +43,982 +311%
ERSOT
48
Employees Retirement System of Texas
Texas
$1.76M
Wells Fargo
49
Wells Fargo
California
$1.66M +$86.7K +2,591 +5%
SIM
50
Spark Investment Management
New York
$1.59M +$1.6M +47,800 New

NBHC Hedge Fund Activity: Q1 2019 in Review

133 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in National Bank Holdings (NBHC) for Q1 2019, worth a combined $985M — up 12% from $876M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of NBHC and 16 opened new positions — a net loss of 2 holders — while 48 trimmed existing stakes and 49 added.

The largest buyer was Aristotle Capital Boston, adding an estimated $25.6M. The largest seller was Millennium Management, cutting an estimated $6.14M.

  • 133 institutional investors held National Bank Holdings (NBHC) as of Q1 2019, down from 136 in Q4 2018.
  • Funds reported $985M of National Bank Holdings stock for Q1 2019, up 12% quarter-over-quarter.
  • 16 funds opened new National Bank Holdings positions in Q1 2019 and 18 closed out, a net change of -2 holders.
  • The largest National Bank Holdings buyer in Q1 2019 was Aristotle Capital Boston, an estimated $25.6M added.
  • The largest National Bank Holdings seller in Q1 2019 was Millennium Management, an estimated $6.14M sold.

Based on aggregated 13F filings for Q1 2019.