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National Bank Holdings

132 hedge funds and large institutions have $818M invested in National Bank Holdings in 2016 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 48 increasing their positions, 35 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

124% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 17

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

37% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 35

36% more capital invested

Capital invested by funds: $599M → $818M (+$219M)

16% more funds holding

Funds holding: 114132 (+18)

1.34% more ownership

Funds ownership: 97.49%98.83% (+1.3%)

Holders
132
Holders Change
+18
Holders Change %
+15.79%
% of All Funds
3.3%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.1%
New
38
Increased
48
Reduced
35
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$99.4M -$1.33M -49,568 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$76.2M +$9.09M +338,978 +17%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$66.9M +$6.52M +242,943 +13%
BFA
4
BlackRock Fund Advisors
California
$61.9M +$35.7M +1,330,661 +218%
Renaissance Technologies
5
Renaissance Technologies
New York
$39.9M +$6.03M +224,700 +22%
BIT
6
BlackRock Institutional Trust
California
$29.6M +$3.85M +143,696 +18%
BFC
7
Banc Funds Company
Illinois
$26M +$4.94M +184,060 +29%
State Street
8
State Street
Massachusetts
$26M +$6.1M +227,500 +39%
FCM
9
FJ Capital Management
Virginia
$20.8M +$8.05K +300 +0%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$20.4M +$5.59M +208,517 +48%
Thrivent Financial for Lutherans
11
Thrivent Financial for Lutherans
Minnesota
$19.9M +$5.84M +217,800 +54%
EC
12
EJF Capital
Virginia
$19.1M -$15.8M -590,573 -50%
Boston Partners
13
Boston Partners
Massachusetts
$18.2M -$6.8M -253,420 -31%
EBIM
14
Eagle Boston Investment Management
Massachusetts
$17.8M -$1.85K -69 -0%
William Blair Investment Management
15
William Blair Investment Management
Illinois
$16.5M -$80.1K -2,985 -0.6%
UBS AM
16
UBS AM
Illinois
$16.1M -$895K -33,354 -6%
Ameriprise
17
Ameriprise
Minnesota
$13.8M +$407K +15,190 +4%
ACB
18
Aristotle Capital Boston
Massachusetts
$13.7M +$1.26M +46,963 +12%
Russell Investments Group
19
Russell Investments Group
United Kingdom
$13.3M +$11.2M +418,429 New
DRZID
20
DePrince Race & Zollo Inc (DRZ)
Florida
$12.4M -$18.1M -675,094 -63%
AL
21
AJO LP
Pennsylvania
$12.4M +$205K +7,625 +2%
HIMCH
22
Hartford Investment Management Co (HIMCO)
Connecticut
$11.5M +$4.35M +162,097 +82%
Northern Trust
23
Northern Trust
Illinois
$9.97M -$303K -11,311 -3%
TCIM
24
TIAA CREF Investment Management
New York
$9.29M +$2.81M +104,922 +56%
SBH
25
Segall Bryant & Hamill
Illinois
$8.04M +$32.9K +1,228 +0.5%

NBHC Hedge Fund Activity: Q4 2016 in Review

132 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in National Bank Holdings (NBHC) for Q4 2016, worth a combined $818M — up 36% from $599M a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new NBHC positions and 17 closed out — a net gain of 21 holders — while 48 added to existing stakes and 35 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $35.7M. The largest seller was BlackRock Group, cutting an estimated $24.6M.

  • 132 institutional investors held National Bank Holdings (NBHC) as of Q4 2016, up from 114 in Q3 2016.
  • Funds reported $818M of National Bank Holdings stock for Q4 2016, up 36% quarter-over-quarter.
  • 38 funds opened new National Bank Holdings positions in Q4 2016 and 17 closed out, a net change of +21 holders.
  • The largest National Bank Holdings buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $35.7M added.
  • The largest National Bank Holdings seller in Q4 2016 was BlackRock Group, an estimated $24.6M sold.

Based on aggregated 13F filings for Q4 2016.