National Bank Holdings
NBHC
128 hedge funds and large institutions have $830M invested in National Bank Holdings in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 46 increasing their positions, 48 reducing their positions, and 19 closing their positions.
11% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 19
1% more capital invested
Capital invested by funds: $818M → $830M (+$12.1M)
4% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 48
3% less funds holding
Funds holding: 132 → 128 (-4)
3.23% less ownership
Funds ownership: 98.83% → 95.6% (-3.2%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $302K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$112M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$22.8M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$7.89M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$6.63M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$12.4M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$11.5M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$11.3M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$6.66M |
| 5 |
Renaissance Technologies
New York
|
-$3.46M |
NBHC Hedge Fund Activity: Q1 2017 in Review
128 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in National Bank Holdings (NBHC) for Q1 2017, worth a combined $830M — up 1.5% from $818M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new NBHC positions and 19 closed out — a net gain of 2 holders — while 46 added to existing stakes and 48 trimmed.
The largest buyer was BlackRock, adding an estimated $112M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $12.4M sold.
- 128 institutional investors held National Bank Holdings (NBHC) as of Q1 2017, down from 132 in Q4 2016.
- Funds reported $830M of National Bank Holdings stock for Q1 2017, up 1.5% quarter-over-quarter.
- 21 funds opened new National Bank Holdings positions in Q1 2017 and 19 closed out, a net change of +2 holders.
- The largest National Bank Holdings buyer in Q1 2017 was BlackRock, an estimated $112M added.
- The largest National Bank Holdings seller in Q1 2017 was DePrince Race & Zollo Inc (DRZ), an estimated $12.4M sold.
Based on aggregated 13F filings for Q1 2017.