National Bank Holdings
NBHC
147 hedge funds and large institutions have $1.31B invested in National Bank Holdings in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 59 increasing their positions, 51 reducing their positions, and 15 closing their positions.
102% more call options, than puts
Call options by funds: $11.3M | Put options by funds: $5.61M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
31% more capital invested
Capital invested by funds: $1.01B → $1.31B (+$307M)
16% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 51
3.88% more ownership
Funds ownership: 89.63% → 93.51% (+3.9%)
1% less funds holding
Funds holding: 149 → 147 (-2)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$17.2M |
| 2 |
JHCP
Jackson Hole Capital Partners
Tulsa,
Oklahoma
|
+$15.6M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$12.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.91M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$7.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$6.8M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$4.78M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$3.36M |
| 4 |
Millennium Management
New York
|
-$2.91M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$2.38M |
NBHC Hedge Fund Activity: Q4 2023 in Review
147 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in National Bank Holdings (NBHC) for Q4 2023, worth a combined $1.31B — up 31% from $1.01B a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NBHC and 13 opened new positions — a net loss of 2 holders — while 51 trimmed existing stakes and 59 added.
The largest buyer was Morgan Stanley, adding an estimated $17.2M. The largest seller was Kennedy Capital Management, cutting an estimated $6.8M.
- 147 institutional investors held National Bank Holdings (NBHC) as of Q4 2023, down from 149 in Q3 2023.
- Funds reported $1.31B of National Bank Holdings stock for Q4 2023, up 31% quarter-over-quarter.
- 13 funds opened new National Bank Holdings positions in Q4 2023 and 15 closed out, a net change of -2 holders.
- The largest National Bank Holdings buyer in Q4 2023 was Morgan Stanley, an estimated $17.2M added.
- The largest National Bank Holdings seller in Q4 2023 was Kennedy Capital Management, an estimated $6.8M sold.
Based on aggregated 13F filings for Q4 2023.