National Bank Holdings
NBHC
102 hedge funds and large institutions have $900M invested in National Bank Holdings in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 32 increasing their positions, 44 reducing their positions, and 10 closing their positions.
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
4% more funds holding
Funds holding: 98 → 102 (+4)
5% less capital invested
Capital invested by funds: $946M → $900M (-$45.9M)
1.92% less ownership
Funds ownership: 101.44% → 99.52% (-1.9%)
27% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 44
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$17.1M |
| 2 |
JP Morgan Chase
New York
|
+$7.46M |
| 3 |
EBIM
Eagle Boston Investment Management
Boston,
Massachusetts
|
+$5.26M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$5.26M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Paulson & Co
New York
|
-$44.7M |
| 2 |
FC
FBR & Co
Arlington,
Virginia
|
-$22.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.31M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$6.95M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$5.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
101
Elite Wealth Management
Kirkland,
Washington
| $1K | +$1.27K | +61 | New |
|
102
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $875 | +$14.6K | +705 | +2% |
|
|
PC
103
Paulson & Co
New York
| – | -$44.7M | -2,175,155 | Closed |
|
|
FC
104
FBR & Co
Arlington,
Virginia
| – | -$22.8M | -1,112,327 | Closed |
|
105
Alyeska Investment Group
Chicago,
Illinois
| – | -$3.17M | -154,520 | Closed |
|
|
ZDA
106
Zweig-DiMenna Associates
New York
| – | -$1.86M | -90,513 | Closed |
|
|
BG
107
BlackRock Group
London,
United Kingdom
| – | -$1.54M | -74,892 | Closed |
|
108
ProShare Advisors
Bethesda,
Maryland
| – | -$682K | -33,196 | Closed |
|
|
JMPWA
109
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$308K | -15,000 | Closed |
|
|
BJ
110
BlackRock Japan
Tokyo,
Japan
| – | -$147K | -7,172 | Closed |
|
111
California Public Employees Retirement System
Sacramento,
California
| – | -$45K | -2,200 | Closed |
|
112
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -40 | Closed |
|
NBHC Hedge Fund Activity: Q4 2013 in Review
102 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in National Bank Holdings (NBHC) for Q4 2013, worth a combined $900M — down 4.9% from $946M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NBHC positions and 10 closed out — a net gain of 4 holders — while 32 added to existing stakes and 44 trimmed.
The largest buyer was State Street, adding an estimated $17.1M. The largest seller was Paulson & Co, exiting entirely with an estimated $44.7M sold.
- 102 institutional investors held National Bank Holdings (NBHC) as of Q4 2013, up from 98 in Q3 2013.
- Funds reported $900M of National Bank Holdings stock for Q4 2013, down 4.9% quarter-over-quarter.
- 14 funds opened new National Bank Holdings positions in Q4 2013 and 10 closed out, a net change of +4 holders.
- The largest National Bank Holdings buyer in Q4 2013 was State Street, an estimated $17.1M added.
- The largest National Bank Holdings seller in Q4 2013 was Paulson & Co, an estimated $44.7M sold.
Based on aggregated 13F filings for Q4 2013.