National Bank Holdings
NBHC
93 hedge funds and large institutions have $840M invested in National Bank Holdings in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 34 reducing their positions, and 19 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
1.38% more ownership
Funds ownership: 99.52% → 100.9% (+1.4%)
9% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 34
7% less capital invested
Capital invested by funds: $900M → $840M (-$59.5M)
9% less funds holding
Funds holding: 102 → 93 (-9)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
101
Paloma Partners
Greenwich,
Connecticut
| – | -$368K | -17,189 | Closed |
|
102
AQR Capital Management
Greenwich,
Connecticut
| – | -$276K | -12,900 | Closed |
|
103
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$243K | -11,348 | Closed |
|
104
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$237K | -11,050 | Closed |
|
|
STIA
105
Stone Toro Investment Advisers
Princeton,
New Jersey
| – | -$229K | -10,700 | Closed |
|
106
Jane Street
New York
| – | -$206K | -9,640 | Closed |
|
107
SG Americas Securities
New York
| – | -$110K | -5,138 | Closed |
|
|
TRCT
108
Tower Research Capital (TRC)
New York
| – | -$35K | -1,634 | Closed |
|
109
BNP Paribas Financial Markets
Paris,
France
| – | -$12.6K | -588 | Closed |
|
110
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -113 | Closed |
|
|
EWM
111
Elite Wealth Management
Kirkland,
Washington
| – | -$1K | -61 | Closed |
|
|
ASN
112
Advisory Services Network
Atlanta,
Georgia
| – | -$1K | -49 | Closed |
|
NBHC Hedge Fund Activity: Q1 2014 in Review
93 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in National Bank Holdings (NBHC) for Q1 2014, worth a combined $840M — down 6.6% from $900M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of NBHC and 11 opened new positions — a net loss of 8 holders — while 34 trimmed existing stakes and 37 added.
The largest buyer was Forest Hill Capital, adding an estimated $28.6M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $19.6M sold.
- 93 institutional investors held National Bank Holdings (NBHC) as of Q1 2014, down from 102 in Q4 2013.
- Funds reported $840M of National Bank Holdings stock for Q1 2014, down 6.6% quarter-over-quarter.
- 11 funds opened new National Bank Holdings positions in Q1 2014 and 19 closed out, a net change of -8 holders.
- The largest National Bank Holdings buyer in Q1 2014 was Forest Hill Capital, an estimated $28.6M added.
- The largest National Bank Holdings seller in Q1 2014 was Discovery Capital Management, an estimated $19.6M sold.
Based on aggregated 13F filings for Q1 2014.