National Bank Holdings
NBHC
95 hedge funds and large institutions have $710M invested in National Bank Holdings in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 38 increasing their positions, 33 reducing their positions, and 22 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 33
0.71% more ownership
Funds ownership: 101.63% → 102.34% (+0.71%)
7% less capital invested
Capital invested by funds: $768M → $710M (-$57.5M)
13% less funds holding
Funds holding: 109 → 95 (-14)
59% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$18.6M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$8.15M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$8.07M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.68M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$7.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$40.9M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$16.7M |
| 3 |
TCA
Taconic Capital Advisors
New York
|
-$10.2M |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$7.85M |
| 5 |
EBIM
Eagle Boston Investment Management
Boston,
Massachusetts
|
-$7.51M |
NBHC Hedge Fund Activity: Q1 2015 in Review
95 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in National Bank Holdings (NBHC) for Q1 2015, worth a combined $710M — down 7.5% from $768M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NBHC and 9 opened new positions — a net loss of 13 holders — while 33 trimmed existing stakes and 38 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $18.6M. The largest seller was Boston Partners, exiting entirely with an estimated $40.9M sold.
- 95 institutional investors held National Bank Holdings (NBHC) as of Q1 2015, down from 109 in Q4 2014.
- Funds reported $710M of National Bank Holdings stock for Q1 2015, down 7.5% quarter-over-quarter.
- 9 funds opened new National Bank Holdings positions in Q1 2015 and 22 closed out, a net change of -13 holders.
- The largest National Bank Holdings buyer in Q1 2015 was T. Rowe Price Associates, an estimated $18.6M added.
- The largest National Bank Holdings seller in Q1 2015 was Boston Partners, an estimated $40.9M sold.
Based on aggregated 13F filings for Q1 2015.