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Bank of N.T. Butterfield & Son

153 hedge funds and large institutions have $1.35B invested in Bank of N.T. Butterfield & Son in 2019 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 56 increasing their positions, 48 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 17

17% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 48

2% more funds holding

Funds holding: 150153 (+3)

0.5% more ownership

Funds ownership: 71.98%72.48% (+0.5%)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

5% less capital invested

Capital invested by funds: $1.43B → $1.35B (-$76.4M)

Holders
153
Holders Change
+3
Holders Change %
+2%
% of All Funds
3.32%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.13%
New
23
Increased
56
Reduced
48
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SI
26
Sapience Investments
California
$15.2M +$2.29M +61,920 +16%
Westfield Capital Management
27
Westfield Capital Management
Massachusetts
$14.2M -$5.91M -159,886 -28%
JP Morgan Chase
28
JP Morgan Chase
New York
$12.4M +$9.79M +265,004 +288%
Jacobs Levy Equity Management
29
Jacobs Levy Equity Management
New Jersey
$12.3M -$534K -14,460 -4%
KTA
30
Keeley-Teton Advisors
Illinois
$11.5M -$4.61M -124,756 -27%
SGA
31
Strategic Global Advisors
California
$11M +$3.54M +95,712 +42%
RA
32
Royce & Associates
New York
$10.8M
Bank of America
33
Bank of America
North Carolina
$10.1M +$883K +23,890 +9%
Two Sigma Advisers
34
Two Sigma Advisers
New York
$9.54M -$2.74M -74,200 -21%
Geode Capital Management
35
Geode Capital Management
Massachusetts
$9.45M +$2.13M +57,536 +26%
EMFAT
36
Emerald Mutual Fund Advisers Trust
Pennsylvania
$8.44M -$640K -17,320 -7%
American Century Companies
37
American Century Companies
Missouri
$7.31M -$4.38M -118,671 -36%
Prudential Financial
38
Prudential Financial
New Jersey
$7.08M +$985K +26,659 +15%
Bank of New York Mellon
39
Bank of New York Mellon
New York
$6.98M -$191K -5,162 -2%
HA
40
Harbor Advisors
Florida
$6.53M
Two Sigma Investments
41
Two Sigma Investments
New York
$6.48M -$1.51M -40,866 -18%
Charles Schwab
42
Charles Schwab
California
$6.36M +$276K +7,469 +4%
Allianz Asset Management
43
Allianz Asset Management
Germany
$5.8M -$1.52M -41,134 -20%
GC
44
Globeflex Capital
California
$5.79M
AllianceBernstein
45
AllianceBernstein
Tennessee
$5.67M
PC
46
Polar Capital
United Kingdom
$5.47M -$19.7K -532 -0.3%
State of Wisconsin Investment Board
47
State of Wisconsin Investment Board
Wisconsin
$5.45M +$129K +3,500 +2%
PPA
48
Parametric Portfolio Associates
Washington
$5.44M +$97.7K +2,644 +2%
D.E. Shaw & Co
49
D.E. Shaw & Co
New York
$5.22M -$1.89M -51,047 -25%
Goldman Sachs
50
Goldman Sachs
New York
$5.08M +$277K +7,495 +5%

NTB Hedge Fund Activity: Q2 2019 in Review

153 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q2 2019, worth a combined $1.35B — down 5.3% from $1.43B a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new NTB positions and 17 closed out — a net gain of 6 holders — while 56 added to existing stakes and 48 trimmed.

The largest buyer was Nuveen, opening a new position worth an estimated $33.6M. The largest seller was Wellington Management Group, cutting an estimated $13M.

  • 153 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q2 2019, up from 150 in Q1 2019.
  • Funds reported $1.35B of Bank of N.T. Butterfield & Son stock for Q2 2019, down 5.3% quarter-over-quarter.
  • 23 funds opened new Bank of N.T. Butterfield & Son positions in Q2 2019 and 17 closed out, a net change of +6 holders.
  • The largest Bank of N.T. Butterfield & Son buyer in Q2 2019 was Nuveen, an estimated $33.6M added.
  • The largest Bank of N.T. Butterfield & Son seller in Q2 2019 was Wellington Management Group, an estimated $13M sold.

Based on aggregated 13F filings for Q2 2019.