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National Bank Holdings

136 hedge funds and large institutions have $876M invested in National Bank Holdings in 2018 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 49 increasing their positions, 52 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 17

1% more funds holding

Funds holding: 135136 (+1)

0.77% less ownership

Funds ownership: 92.77%92% (-0.77%)

6% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 52

18% less capital invested

Capital invested by funds: $1.07B → $876M (-$198M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
136
Holders Change
+1
Holders Change %
+0.74%
% of All Funds
3.03%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
18
Increased
49
Reduced
52
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$123M +$533K +15,380 +0.4%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$87.5M -$4.45M -128,575 -4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$83.8M +$218K +6,305 +0.2%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$66.8M -$3.8M -109,729 -5%
Renaissance Technologies
5
Renaissance Technologies
New York
$45.3M +$1.66M +47,800 +3%
State Street
6
State Street
Massachusetts
$31.1M -$4.8M -138,744 -12%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$29.8M -$2.97M -85,896 -8%
ACB
8
Aristotle Capital Boston
Massachusetts
$26M +$4.28M +123,657 +17%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$25.2M -$906K -26,176 -3%
Brown Advisory
10
Brown Advisory
Maryland
$24.9M -$1.93M -55,716 -6%
FCM
11
FJ Capital Management
Virginia
$20.7M +$6.92K +200 +0%
William Blair Investment Management
12
William Blair Investment Management
Illinois
$18.2M +$3.27M +94,335 +19%
Russell Investments Group
13
Russell Investments Group
United Kingdom
$17.7M +$5.3M +153,210 +36%
EPCA
14
Elizabeth Park Capital Advisors
Ohio
$17.4M
Millennium Management
15
Millennium Management
New York
$14.5M +$5.2M +150,170 +47%
Ameriprise
16
Ameriprise
Minnesota
$13.3M +$249K +7,189 +2%
DRZID
17
DePrince Race & Zollo Inc (DRZ)
Florida
$13.1M +$407K +11,768 +3%
Invesco
18
Invesco
Georgia
$12.5M -$1.92M -55,364 -12%
Northern Trust
19
Northern Trust
Illinois
$11.4M -$230K -6,647 -2%
SBH
20
Segall Bryant & Hamill
Illinois
$11.1M +$2.92M +84,219 +31%
Boston Partners
21
Boston Partners
Massachusetts
$10.7M +$4.48M +129,302 +59%
UBS AM
22
UBS AM
Illinois
$10.2M -$833K -24,050 -7%
SEI Investments
23
SEI Investments
Pennsylvania
$9.64M
Geode Capital Management
24
Geode Capital Management
Massachusetts
$9.2M +$596K +17,211 +6%
Federated Hermes
25
Federated Hermes
Pennsylvania
$8.78M -$538K -15,548 -5%

NBHC Hedge Fund Activity: Q4 2018 in Review

136 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in National Bank Holdings (NBHC) for Q4 2018, worth a combined $876M — down 18% from $1.07B a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new NBHC positions and 17 closed out — a net gain of 1 holder — while 49 added to existing stakes and 52 trimmed.

The largest buyer was Russell Investments Group, adding an estimated $5.3M. The largest seller was Eagle Boston Investment Management, cutting an estimated $13.7M.

  • 136 institutional investors held National Bank Holdings (NBHC) as of Q4 2018, up from 135 in Q3 2018.
  • Funds reported $876M of National Bank Holdings stock for Q4 2018, down 18% quarter-over-quarter.
  • 18 funds opened new National Bank Holdings positions in Q4 2018 and 17 closed out, a net change of +1 holder.
  • The largest National Bank Holdings buyer in Q4 2018 was Russell Investments Group, an estimated $5.3M added.
  • The largest National Bank Holdings seller in Q4 2018 was Eagle Boston Investment Management, an estimated $13.7M sold.

Based on aggregated 13F filings for Q4 2018.