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National Bank Holdings

127 hedge funds and large institutions have $947M invested in National Bank Holdings in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 43 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 11

13% more capital invested

Capital invested by funds: $837M → $947M (+$110M)

4% more funds holding

Funds holding: 122127 (+5)

9% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 43

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

1.71% less ownership

Funds ownership: 95.53%93.81% (-1.7%)

Holders
127
Holders Change
+5
Holders Change %
+4.1%
% of All Funds
2.91%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
17
Increased
47
Reduced
43
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$116M +$1.51M +45,587 +1%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$103M -$475K -14,287 -0.5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$88.8M +$11.1M +335,157 +14%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$78.2M +$3.3M +99,414 +4%
Renaissance Technologies
5
Renaissance Technologies
New York
$47.1M +$6.15M +185,000 +15%
ACB
6
Aristotle Capital Boston
Massachusetts
$40M +$14.3M +430,594 +56%
Brown Advisory
7
Brown Advisory
Maryland
$36.6M -$562K -16,927 -2%
State Street
8
State Street
Massachusetts
$35M +$4.14M +124,678 +13%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$28.1M +$28.1M +846,253 New
Bank of New York Mellon
10
Bank of New York Mellon
New York
$27.7M +$9.93M +298,806 +56%
Russell Investments Group
11
Russell Investments Group
United Kingdom
$22.1M +$1.96M +58,920 +10%
FCM
12
FJ Capital Management
Virginia
$21.8M +$39.9K +1,200 +0.2%
EBIM
13
Eagle Boston Investment Management
Massachusetts
$19.1M -$1.33M -39,984 -6%
Millennium Management
14
Millennium Management
New York
$17.4M +$2.13M +64,138 +14%
William Blair Investment Management
15
William Blair Investment Management
Illinois
$16.2M -$549K -16,533 -3%
Ameriprise
16
Ameriprise
Minnesota
$13.9M +$429K +12,910 +3%
UBS AM
17
UBS AM
Illinois
$12.2M -$611K -18,385 -5%
Boston Partners
18
Boston Partners
Massachusetts
$11.5M -$3.6M -108,450 -24%
Northern Trust
19
Northern Trust
Illinois
$11M +$76.1K +2,289 +0.7%
Invesco
20
Invesco
Georgia
$10.3M -$1.35M -40,511 -12%
DRZID
21
DePrince Race & Zollo Inc (DRZ)
Florida
$9.85M +$6.92M +208,239 +236%
SBH
22
Segall Bryant & Hamill
Illinois
$8.79M +$852K +25,654 +11%
HIMCH
23
Hartford Investment Management Co (HIMCO)
Connecticut
$8.42M +$1.3M +39,198 +18%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$8.18M +$713K +21,462 +10%
TCIM
25
TIAA CREF Investment Management
New York
$7.63M +$806K +24,252 +12%

NBHC Hedge Fund Activity: Q1 2018 in Review

127 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in National Bank Holdings (NBHC) for Q1 2018, worth a combined $947M — up 13% from $837M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new NBHC positions and 11 closed out — a net gain of 6 holders — while 47 added to existing stakes and 43 trimmed.

The largest buyer was Wellington Management Group, opening a new position worth an estimated $28.1M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $12.5M.

  • 127 institutional investors held National Bank Holdings (NBHC) as of Q1 2018, up from 122 in Q4 2017.
  • Funds reported $947M of National Bank Holdings stock for Q1 2018, up 13% quarter-over-quarter.
  • 17 funds opened new National Bank Holdings positions in Q1 2018 and 11 closed out, a net change of +6 holders.
  • The largest National Bank Holdings buyer in Q1 2018 was Wellington Management Group, an estimated $28.1M added.
  • The largest National Bank Holdings seller in Q1 2018 was Thrivent Financial for Lutherans, an estimated $12.5M sold.

Based on aggregated 13F filings for Q1 2018.