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National Bank Holdings

133 hedge funds and large institutions have $985M invested in National Bank Holdings in 2019 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 49 increasing their positions, 48 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more capital invested

Capital invested by funds: $876M → $985M (+$109M)

3.91% more ownership

Funds ownership: 92%95.9% (+3.9%)

2% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 48

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

2% less funds holding

Funds holding: 136133 (-3)

11% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 18

Holders
133
Holders Change
-3
Holders Change %
-2.21%
% of All Funds
2.88%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
16
Increased
49
Reduced
48
Closed
18
Calls
$2.14M
Puts
Net Calls
+$2.14M
Net Calls Change
+$2.14M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$134M +$1.34M +39,923 +1%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$93.4M -$844K -25,219 -0.9%
Vanguard Group
3
Vanguard Group
Pennsylvania
$91.8M +$1.56M +46,571 +2%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$71.2M -$809K -24,172 -1%
ACB
5
Aristotle Capital Boston
Massachusetts
$53.5M +$25.6M +766,020 +91%
Renaissance Technologies
6
Renaissance Technologies
New York
$50.7M +$1.88M +56,100 +4%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$31.6M -$473K -14,123 -1%
State Street
8
State Street
Massachusetts
$31.6M -$1.93M -57,715 -6%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$27M -$81.8K -2,444 -0.3%
Brown Advisory
10
Brown Advisory
Maryland
$26.2M -$690K -20,621 -3%
Russell Investments Group
11
Russell Investments Group
United Kingdom
$26.1M +$7.03M +209,986 +37%
FCM
12
FJ Capital Management
Virginia
$22.1M -$208K -6,222 -0.9%
William Blair Investment Management
13
William Blair Investment Management
Illinois
$18.7M -$834K -24,907 -4%
Invesco
14
Invesco
Georgia
$18.7M +$5.21M +155,602 +38%
EPCA
15
Elizabeth Park Capital Advisors
Ohio
$15.4M -$3.31M -98,893 -18%
Ameriprise
16
Ameriprise
Minnesota
$14.5M +$157K +4,690 +1%
Boston Partners
17
Boston Partners
Massachusetts
$13.5M +$1.97M +58,855 +17%
SBH
18
Segall Bryant & Hamill
Illinois
$12.9M +$1.04M +31,119 +9%
Northern Trust
19
Northern Trust
Illinois
$12.4M +$64.4K +1,924 +0.5%
DRZID
20
DePrince Race & Zollo Inc (DRZ)
Florida
$12.2M -$2.01M -59,966 -14%
UBS AM
21
UBS AM
Illinois
$11.2M +$291K +8,696 +3%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$10.4M +$486K +14,506 +5%
HAM
23
Hillcrest Asset Management
Texas
$9.73M +$2.59M +77,476 +36%
Millennium Management
24
Millennium Management
New York
$9.54M -$6.14M -183,300 -39%
Federated Hermes
25
Federated Hermes
Pennsylvania
$9.42M -$36.2K -1,080 -0.4%

NBHC Hedge Fund Activity: Q1 2019 in Review

133 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in National Bank Holdings (NBHC) for Q1 2019, worth a combined $985M — up 12% 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 49 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 $985M of National Bank Holdings stock for Q1 2019, up 12% 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.