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Bank of N.T. Butterfield & Son

161 hedge funds and large institutions have $1.31B invested in Bank of N.T. Butterfield & Son in 2018 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 51 increasing their positions, 67 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.79% more ownership

Funds ownership: 74.96%75.75% (+0.79%)

9% less funds holding

Funds holding: 176161 (-15)

24% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 67

33% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 43

38% less capital invested

Capital invested by funds: $2.12B → $1.31B (-$809M)

50% less funds holding in top 10

Funds holding in top 10: 84 (-4)

Holders
161
Holders Change
-15
Holders Change %
-8.52%
% of All Funds
3.59%
Holding in Top 10
4
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-50%
% of All Funds
0.09%
New
29
Increased
51
Reduced
67
Closed
43
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Norges Bank
26
Norges Bank
Norway
$16.3M +$2.4M +58,594 +13%
KTA
27
Keeley-Teton Advisors
Illinois
$15.5M -$784K -19,136 -4%
Capital International Investors
28
Capital International Investors
California
$13.5M
TCIM
29
TIAA CREF Investment Management
New York
$12.4M -$6.06M -147,947 -27%
Bank of America
30
Bank of America
North Carolina
$11.7M +$475K +11,578 +3%
Two Sigma Advisers
31
Two Sigma Advisers
New York
$10.6M -$201K -4,900 -1%
SI
32
Sapience Investments
California
$10.4M +$4.94M +120,485 +57%
Allianz Asset Management
33
Allianz Asset Management
Germany
$10M -$161K -3,923 -1%
American Century Companies
34
American Century Companies
Missouri
$10M -$3.49M -85,152 -21%
RA
35
Royce & Associates
New York
$9.91M -$245K -5,971 -2%
Jacobs Levy Equity Management
36
Jacobs Levy Equity Management
New Jersey
$9.27M +$883K +21,540 +8%
EMFAT
37
Emerald Mutual Fund Advisers Trust
Pennsylvania
$8.63M +$1.51M +36,728 +15%
Two Sigma Investments
38
Two Sigma Investments
New York
$8.29M -$2.71M -66,228 -20%
Marshall Wace
39
Marshall Wace
United Kingdom
$8.08M +$10.6M +257,796 New
Ameriprise
40
Ameriprise
Minnesota
$7.46M +$1.85M +45,075 +23%
Prudential Financial
41
Prudential Financial
New Jersey
$7.06M -$1.19M -29,039 -11%
Bank of New York Mellon
42
Bank of New York Mellon
New York
$6.58M -$2.86M -69,695 -25%
HA
43
Harbor Advisors
Florida
$6.03M
D.E. Shaw & Co
44
D.E. Shaw & Co
New York
$6M -$3.62M -88,404 -32%
Geode Capital Management
45
Geode Capital Management
Massachusetts
$5.94M +$574K +13,995 +8%
CEP
46
Chicago Equity Partners
Illinois
$5.18M -$2.08M -50,700 -23%
AllianceBernstein
47
AllianceBernstein
Tennessee
$5.1M -$1.34M -32,809 -17%
Charles Schwab
48
Charles Schwab
California
$5.06M -$260K -6,339 -4%
PC
49
Polar Capital
United Kingdom
$5.01M +$6.56M +159,964 New
PPA
50
Parametric Portfolio Associates
Washington
$4.75M -$67.1K -1,636 -1%

NTB Hedge Fund Activity: Q4 2018 in Review

161 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q4 2018, worth a combined $1.31B — down 38% from $2.12B a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of NTB and 29 opened new positions — a net loss of 14 holders — while 67 trimmed existing stakes and 51 added.

The largest buyer was Capital World Investors, adding an estimated $59.4M. The largest seller was Millennium Management, cutting an estimated $35.1M.

  • 161 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q4 2018, down from 176 in Q3 2018.
  • Funds reported $1.31B of Bank of N.T. Butterfield & Son stock for Q4 2018, down 38% quarter-over-quarter.
  • 29 funds opened new Bank of N.T. Butterfield & Son positions in Q4 2018 and 43 closed out, a net change of -14 holders.
  • The largest Bank of N.T. Butterfield & Son buyer in Q4 2018 was Capital World Investors, an estimated $59.4M added.
  • The largest Bank of N.T. Butterfield & Son seller in Q4 2018 was Millennium Management, an estimated $35.1M sold.

Based on aggregated 13F filings for Q4 2018.