NBT Bancorp
NBTB
182 hedge funds and large institutions have $832M invested in NBT Bancorp in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 63 increasing their positions, 59 reducing their positions, and 31 closing their positions.
118% more call options, than puts
Call options by funds: $1.25M | Put options by funds: $573K
7% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 59
0.35% more ownership
Funds ownership: 57.46% → 57.81% (+0.35%)
7% less funds holding
Funds holding: 195 → 182 (-13)
15% less capital invested
Capital invested by funds: $983M → $832M (-$151M)
39% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$12.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.3M |
| 3 |
State Street
Boston,
Massachusetts
|
+$7.6M |
| 4 |
Morgan Stanley
New York
|
+$2.8M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$9.23M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$5.95M |
| 3 |
JP Morgan Chase
New York
|
-$3.92M |
| 4 |
DA
Denali Advisors
San Diego,
California
|
-$3.59M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$3.03M |
NBTB Hedge Fund Activity: Q1 2023 in Review
182 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in NBT Bancorp (NBTB) for Q1 2023, worth a combined $832M — down 15% from $983M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of NBTB and 19 opened new positions — a net loss of 12 holders — while 59 trimmed existing stakes and 63 added.
The largest buyer was BlackRock, adding an estimated $12.8M. The largest seller was Robeco Institutional Asset Management, exiting entirely with an estimated $9.23M sold.
- 182 institutional investors held NBT Bancorp (NBTB) as of Q1 2023, down from 195 in Q4 2022.
- Funds reported $832M of NBT Bancorp stock for Q1 2023, down 15% quarter-over-quarter.
- 19 funds opened new NBT Bancorp positions in Q1 2023 and 31 closed out, a net change of -12 holders.
- The largest NBT Bancorp buyer in Q1 2023 was BlackRock, an estimated $12.8M added.
- The largest NBT Bancorp seller in Q1 2023 was Robeco Institutional Asset Management, an estimated $9.23M sold.
Based on aggregated 13F filings for Q1 2023.