National Bank Holdings
NBHC
150 hedge funds and large institutions have $1.26B invested in National Bank Holdings in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 48 increasing their positions, 60 reducing their positions, and 11 closing their positions.
30,431% more call options, than puts
Call options by funds: $11M | Put options by funds: $36K
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
2% more funds holding
Funds holding: 147 → 150 (+3)
0.25% more ownership
Funds ownership: 92.45% → 92.7% (+0.25%)
3% less capital invested
Capital invested by funds: $1.3B → $1.26B (-$34.8M)
20% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 60
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$16.4M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$7.75M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$6.12M |
| 4 |
BlackRock
New York
|
+$4.53M |
| 5 |
MCM
Maltese Capital Management
New York
|
+$4.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$7.85M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$6.03M |
| 3 |
JHCP
Jackson Hole Capital Partners
Tulsa,
Oklahoma
|
-$5.75M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.29M |
| 5 |
Morgan Stanley
New York
|
-$4.99M |
NBHC Hedge Fund Activity: Q1 2024 in Review
150 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in National Bank Holdings (NBHC) for Q1 2024, worth a combined $1.26B — down 2.7% from $1.3B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NBHC positions and 11 closed out — a net gain of 4 holders — while 48 added to existing stakes and 60 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $16.4M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $7.85M.
- 150 institutional investors held National Bank Holdings (NBHC) as of Q1 2024, up from 147 in Q4 2023.
- Funds reported $1.26B of National Bank Holdings stock for Q1 2024, down 2.7% quarter-over-quarter.
- 15 funds opened new National Bank Holdings positions in Q1 2024 and 11 closed out, a net change of +4 holders.
- The largest National Bank Holdings buyer in Q1 2024 was DePrince Race & Zollo Inc (DRZ), an estimated $16.4M added.
- The largest National Bank Holdings seller in Q1 2024 was T. Rowe Price Investment Management, an estimated $7.85M sold.
Based on aggregated 13F filings for Q1 2024.