NBT Bancorp
NBTB
193 hedge funds and large institutions have $1.04B invested in NBT Bancorp in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 53 increasing their positions, 68 reducing their positions, and 21 closing their positions.
261% more call options, than puts
Call options by funds: $2.1M | Put options by funds: $583K
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
3% more funds holding
Funds holding: 188 → 193 (+5)
0.85% more ownership
Funds ownership: 59.26% → 60.11% (+0.85%)
12% less capital invested
Capital invested by funds: $1.18B → $1.04B (-$143M)
22% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$26.1M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$7.74M |
| 3 |
BlackRock
New York
|
+$6.92M |
| 4 |
State Street
Boston,
Massachusetts
|
+$3.66M |
| 5 |
Renaissance Technologies
New York
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13.8M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$13.1M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$12.6M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$8.78M |
| 5 |
RC
Roubaix Capital
Denver,
Colorado
|
-$2.95M |
NBTB Hedge Fund Activity: Q1 2024 in Review
193 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in NBT Bancorp (NBTB) for Q1 2024, worth a combined $1.04B — down 12% from $1.18B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new NBTB positions and 21 closed out — a net gain of 7 holders — while 53 added to existing stakes and 68 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $26.1M. The largest seller was Morgan Stanley, cutting an estimated $13.8M.
- 193 institutional investors held NBT Bancorp (NBTB) as of Q1 2024, up from 188 in Q4 2023.
- Funds reported $1.04B of NBT Bancorp stock for Q1 2024, down 12% quarter-over-quarter.
- 28 funds opened new NBT Bancorp positions in Q1 2024 and 21 closed out, a net change of +7 holders.
- The largest NBT Bancorp buyer in Q1 2024 was DePrince Race & Zollo Inc (DRZ), an estimated $26.1M added.
- The largest NBT Bancorp seller in Q1 2024 was Morgan Stanley, an estimated $13.8M sold.
Based on aggregated 13F filings for Q1 2024.