National Bank Holdings
NBHC
133 hedge funds and large institutions have $986M invested in National Bank Holdings in 2019 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 50 increasing their positions, 48 reducing their positions, and 18 closing their positions.
13% more capital invested
Capital invested by funds: $876M → $986M (+$110M)
3.99% more ownership
Funds ownership: 92% → 95.99% (+4%)
4% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 48
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less funds holding
Funds holding: 136 → 133 (-3)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
+$25.6M |
| 2 |
Handelsbanken Fonder
Stockholm,
Sweden
|
+$8.82M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$7.03M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$5.98M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$5.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.14M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.34M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$4.04M |
| 4 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$3.31M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.7M |
NBHC Hedge Fund Activity: Q1 2019 in Review
133 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in National Bank Holdings (NBHC) for Q1 2019, worth a combined $986M — up 13% from $876M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of NBHC and 16 opened new positions — a net loss of 2 holders — while 48 trimmed existing stakes and 50 added.
The largest buyer was Aristotle Capital Boston, adding an estimated $25.6M. The largest seller was Millennium Management, cutting an estimated $6.14M.
- 133 institutional investors held National Bank Holdings (NBHC) as of Q1 2019, down from 136 in Q4 2018.
- Funds reported $986M of National Bank Holdings stock for Q1 2019, up 13% quarter-over-quarter.
- 16 funds opened new National Bank Holdings positions in Q1 2019 and 18 closed out, a net change of -2 holders.
- The largest National Bank Holdings buyer in Q1 2019 was Aristotle Capital Boston, an estimated $25.6M added.
- The largest National Bank Holdings seller in Q1 2019 was Millennium Management, an estimated $6.14M sold.
Based on aggregated 13F filings for Q1 2019.