National Bank Holdings
NBHC
135 hedge funds and large institutions have $703M invested in National Bank Holdings in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 50 increasing their positions, 46 reducing their positions, and 23 closing their positions.
822% more call options, than puts
Call options by funds: $11M | Put options by funds: $1.2M
9% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 46
3% less ownership
Funds ownership: 97.34% → 94.34% (-3%)
6% less funds holding
Funds holding: 143 → 135 (-8)
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
34% less capital invested
Capital invested by funds: $1.07B → $703M (-$366M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$7.06M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$5.14M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$4.4M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$14.5M |
| 2 |
Bank of New York Mellon
New York
|
-$9.35M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$9.06M |
| 4 |
Millennium Management
New York
|
-$8.5M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$6.82M |
NBHC Hedge Fund Activity: Q1 2020 in Review
135 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in National Bank Holdings (NBHC) for Q1 2020, worth a combined $703M — down 34% from $1.07B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of NBHC and 18 opened new positions — a net loss of 5 holders — while 46 trimmed existing stakes and 50 added.
The largest buyer was Kennedy Capital Management, adding an estimated $7.06M. The largest seller was Invesco, cutting an estimated $14.5M.
- 135 institutional investors held National Bank Holdings (NBHC) as of Q1 2020, down from 143 in Q4 2019.
- Funds reported $703M of National Bank Holdings stock for Q1 2020, down 34% quarter-over-quarter.
- 18 funds opened new National Bank Holdings positions in Q1 2020 and 23 closed out, a net change of -5 holders.
- The largest National Bank Holdings buyer in Q1 2020 was Kennedy Capital Management, an estimated $7.06M added.
- The largest National Bank Holdings seller in Q1 2020 was Invesco, an estimated $14.5M sold.
Based on aggregated 13F filings for Q1 2020.