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National Bank Holdings

179 hedge funds and large institutions have $1.41B invested in National Bank Holdings in 2025 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 57 increasing their positions, 70 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 13

7% more funds holding

Funds holding: 167179 (+12)

0.55% less ownership

Funds ownership: 97.54%96.98% (-0.55%)

12% less capital invested

Capital invested by funds: $1.6B → $1.41B (-$184M)

19% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 70

Holders
179
Holders Change
+12
Holders Change %
+7.19%
% of All Funds
2.4%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
25
Increased
57
Reduced
70
Closed
13
Calls
$4K
Puts
Net Calls
+$4K
Net Calls Change
-$9K
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
151
Sterling Capital Management
North Carolina
$24.4K -$22.6K -544 -46%
QT
152
Quantbot Technologies
New York
$23.3K +$25.4K +610 New
SAM
153
Smartleaf Asset Management
Massachusetts
$20.4K -$167 -4 -0.8%
GI
154
GAMMA Investing
California
$20.3K +$3.91K +94 +22%
Bessemer Group
155
Bessemer Group
New Jersey
$20K -$1.62K -39 -7%
TWC
156
TD Waterhouse Canada
Ontario, Canada
$14.8K
GWM
157
Geneos Wealth Management
Colorado
$13.9K +$13.1K +314 +641%
VCM
158
Versant Capital Management
Arizona
$13.4K
LC
159
Lindbrook Capital
California
$8.27K
FFA
160
Farther Finance Advisors
California
$8.03K -$2K -48 -19%
GIA
161
GHP Investment Advisors
Colorado
$6.58K
HFS
162
Hantz Financial Services
Michigan
$6K
Fifth Third Bancorp
163
Fifth Third Bancorp
Ohio
$4.75K +$3.75K +90 +265%
Mitsubishi UFJ Asset Management
164
Mitsubishi UFJ Asset Management
Japan
$4.33K
UB
165
UMB Bank
Missouri
$3.67K
RIL
166
Rothschild Investment LLC
Illinois
$3.64K +$3.12K +75 +375%
EWA
167
EverSource Wealth Advisors
Alabama
$3.21K +$2.25K +54 +180%
MCM
168
MAI Capital Management
Ohio
$2.18K +$1.33K +32 +128%
WA
169
WPG Advisers
Maryland
$1.68K +$1.12K +27 +159%
C
170
Covestor
United Kingdom
$1K -$1.17K -28 -64%
FMII
171
Farmers & Merchants Investments Inc
Nebraska
$995 -$167 -4 -13%
PTC
172
Private Trust Company
Ohio
$957 +$1.04K +25 New
SPIA
173
Steward Partners Investment Advisory
New York
$421
PFBT
174
Parkside Financial Bank & Trust
Missouri
$383 +$416 +10 New
SC
175
Stephens Consulting
Michigan
$383 +$416 +10 New

NBHC Hedge Fund Activity: Q1 2025 in Review

179 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in National Bank Holdings (NBHC) for Q1 2025, worth a combined $1.41B — down 12% from $1.6B a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new NBHC positions and 13 closed out — a net gain of 12 holders — while 57 added to existing stakes and 70 trimmed.

The largest buyer was First Trust Advisors, adding an estimated $15.7M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $29.2M.

  • 179 institutional investors held National Bank Holdings (NBHC) as of Q1 2025, up from 167 in Q4 2024.
  • Funds reported $1.41B of National Bank Holdings stock for Q1 2025, down 12% quarter-over-quarter.
  • 25 funds opened new National Bank Holdings positions in Q1 2025 and 13 closed out, a net change of +12 holders.
  • The largest National Bank Holdings buyer in Q1 2025 was First Trust Advisors, an estimated $15.7M added.
  • The largest National Bank Holdings seller in Q1 2025 was DePrince Race & Zollo Inc (DRZ), an estimated $29.2M sold.

Based on aggregated 13F filings for Q1 2025.