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National Bank Holdings

150 hedge funds and large institutions have $1.26B invested in National Bank Holdings in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 48 increasing their positions, 60 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

30,431% more call options, than puts

Call options by funds: $11M | Put options by funds: $36K

36% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 11

2% more funds holding

Funds holding: 147150 (+3)

0.8% less ownership

Funds ownership: 93.51%92.7% (-0.8%)

4% less capital invested

Capital invested by funds: $1.31B → $1.26B (-$49.9M)

20% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 60

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
150
Holders Change
+3
Holders Change %
+2.04%
% of All Funds
2.16%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
15
Increased
48
Reduced
60
Closed
11
Calls
$11M
Puts
$36K
Net Calls
+$11M
Net Calls Change
+$5.24M
Name Holding Trade Value Shares
Change
Change in
Stake
New York State Common Retirement Fund
76
New York State Common Retirement Fund
New York
$559K +$10.7K +308 +2%
Millennium Management
77
Millennium Management
New York
$545K -$3.57M -102,933 -87%
State Board of Administration of Florida Retirement System
78
State Board of Administration of Florida Retirement System
Florida
$541K +$196K +5,650 +54%
Natixis Advisors
79
Natixis Advisors
Massachusetts
$540K +$9.47K +273 +2%
Two Sigma Investments
80
Two Sigma Investments
New York
$528K +$508K +14,629 New
Victory Capital Management
81
Victory Capital Management
Texas
$526K -$61K -1,759 -11%
PCMI
82
Paradigm Capital Management Inc
New York
$505K -$34.7K -1,000 -7%
TNA
83
True North Advisors
Texas
$504K
Wells Fargo
84
Wells Fargo
California
$471K +$45.4K +1,310 +11%
VOYA Investment Management
85
VOYA Investment Management
Georgia
$454K -$87.9K -2,535 -17%
MSRPS
86
Maryland State Retirement & Pension System
Maryland
$445K
Mirae Asset Global Investments
87
Mirae Asset Global Investments
South Korea
$431K -$142K -4,094 -24%
AB
88
Amalgamated Bank
New York
$417K -$91.7K -2,644 -19%
Qube Research & Technologies (QRT)
89
Qube Research & Technologies (QRT)
United Kingdom
$414K -$1.31M -37,668 -77%
Franklin Resources
90
Franklin Resources
California
$403K +$388K +11,175 New
Royal Bank of Canada
91
Royal Bank of Canada
Ontario, Canada
$394K -$374K -10,772 -50%
Susquehanna International Group
92
Susquehanna International Group
Pennsylvania
$382K -$1.05M -30,169 -74%
ASRS
93
Arizona State Retirement System
Arizona
$374K -$5.79K -167 -2%
OPERF
94
Oregon Public Employees Retirement Fund
Oregon
$367K -$29.7K -857 -8%
NYLIM
95
New York Life Investment Management
New York
$366K +$352K +10,153 New
FFA
96
Fragasso Financial Advisors
Pennsylvania
$365K
New York State Teachers Retirement System (NYSTRS)
97
New York State Teachers Retirement System (NYSTRS)
New York
$361K
AA
98
ALPS Advisors
Colorado
$360K -$17.2K -497 -5%
TRSOTSOK
99
Teachers Retirement System of the State of Kentucky
Kentucky
$360K
EC
100
EJF Capital
Virginia
$354K -$31.6K -912 -9%

NBHC Hedge Fund Activity: Q1 2024 in Review

150 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in National Bank Holdings (NBHC) for Q1 2024, worth a combined $1.26B — down 3.8% from $1.31B a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new NBHC positions and 11 closed out — a net gain of 4 holders — while 48 added to existing stakes and 60 trimmed.

The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $16.4M. The largest seller was Morgan Stanley, cutting an estimated $18.8M.

  • 150 institutional investors held National Bank Holdings (NBHC) as of Q1 2024, up from 147 in Q4 2023.
  • Funds reported $1.26B of National Bank Holdings stock for Q1 2024, down 3.8% quarter-over-quarter.
  • 15 funds opened new National Bank Holdings positions in Q1 2024 and 11 closed out, a net change of +4 holders.
  • The largest National Bank Holdings buyer in Q1 2024 was DePrince Race & Zollo Inc (DRZ), an estimated $16.4M added.
  • The largest National Bank Holdings seller in Q1 2024 was Morgan Stanley, an estimated $18.8M sold.

Based on aggregated 13F filings for Q1 2024.