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Bank of N.T. Butterfield & Son

131 hedge funds and large institutions have $777M invested in Bank of N.T. Butterfield & Son in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 63 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 13

2% more funds holding

Funds holding: 129131 (+2)

0.72% less ownership

Funds ownership: 69.41%68.69% (-0.72%)

10% less capital invested

Capital invested by funds: $866M → $777M (-$88.8M)

49% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 63

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
131
Holders Change
+2
Holders Change %
+1.55%
% of All Funds
2.64%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.04%
New
15
Increased
32
Reduced
63
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$8.29M -$847K -33,820 -8%
Geode Capital Management
27
Geode Capital Management
Massachusetts
$7.63M +$131K +5,219 +2%
HCM
28
Hahn Capital Management
California
$6.54M -$4.89M -195,086 -40%
SGA
29
Strategic Global Advisors
California
$6.46M +$1.61M +64,450 +29%
PPA
30
Parametric Portfolio Associates
Washington
$6.08M +$461K +18,419 +7%
KTA
31
Keeley-Teton Advisors
Illinois
$5.29M -$439K -17,516 -7%
Charles Schwab
32
Charles Schwab
California
$4.71M -$206K -8,233 -4%
D.E. Shaw & Co
33
D.E. Shaw & Co
New York
$4.46M -$316K -12,595 -6%
State of Wisconsin Investment Board
34
State of Wisconsin Investment Board
Wisconsin
$4.43M +$266K +10,600 +6%
HA
35
Harbor Advisors
Florida
$4.28M
Man Group
36
Man Group
United Kingdom
$3.72M -$198K -7,900 -5%
Bank of New York Mellon
37
Bank of New York Mellon
New York
$3.69M -$260K -10,389 -6%
Victory Capital Management
38
Victory Capital Management
Texas
$3.63M
DGHMC
39
Dalton, Greiner, Hartman, Maher & Co
New York
$3.57M +$2.25M +89,794 +127%
LSV Asset Management
40
LSV Asset Management
Illinois
$3.46M
AllianceBernstein
41
AllianceBernstein
Tennessee
$3.21M -$542K -21,620 -13%
PP
42
Prospector Partners
Connecticut
$2.93M +$1.17M +46,800 +55%
Two Sigma Advisers
43
Two Sigma Advisers
New York
$2.91M -$2.2M -88,003 -40%
New York State Common Retirement Fund
44
New York State Common Retirement Fund
New York
$2.83M +$492K +19,650 +18%
California Public Employees Retirement System
45
California Public Employees Retirement System
California
$2.56M -$2.63K -105 -0.1%
BCM
46
Bridgeway Capital Management
Texas
$2.5M
Bank of America
47
Bank of America
North Carolina
$2.43M -$28.1K -1,120 -1%
GC
48
Globeflex Capital
California
$2.15M -$377K -15,054 -13%
DA
49
Denali Advisors
California
$2.13M +$957K +38,200 +66%
Goldman Sachs
50
Goldman Sachs
New York
$2.12M -$678K -27,076 -22%

NTB Hedge Fund Activity: Q3 2020 in Review

131 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q3 2020, worth a combined $777M — down 10% from $866M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new NTB positions and 13 closed out — a net gain of 2 holders — while 32 added to existing stakes and 63 trimmed.

The largest buyer was Invesco, adding an estimated $6.16M. The largest seller was Nuveen, cutting an estimated $5.65M.

  • 131 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q3 2020, up from 129 in Q2 2020.
  • Funds reported $777M of Bank of N.T. Butterfield & Son stock for Q3 2020, down 10% quarter-over-quarter.
  • 15 funds opened new Bank of N.T. Butterfield & Son positions in Q3 2020 and 13 closed out, a net change of +2 holders.
  • The largest Bank of N.T. Butterfield & Son buyer in Q3 2020 was Invesco, an estimated $6.16M added.
  • The largest Bank of N.T. Butterfield & Son seller in Q3 2020 was Nuveen, an estimated $5.65M sold.

Based on aggregated 13F filings for Q3 2020.