Bank of N.T. Butterfield & Son
NTB
164 hedge funds and large institutions have $990M invested in Bank of N.T. Butterfield & Son in 2022 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 58 increasing their positions, 55 reducing their positions, and 12 closing their positions.
708% more call options, than puts
Call options by funds: $194K | Put options by funds: $24K
117% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 12
9% more funds holding
Funds holding: 151 → 164 (+13)
5% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 55
1.63% less ownership
Funds ownership: 69.64% → 68.01% (-1.6%)
12% less capital invested
Capital invested by funds: $1.12B → $990M (-$129M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$8.32M |
| 2 |
JP Morgan Chase
New York
|
+$7.66M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$5.85M |
| 4 |
BlackRock
New York
|
+$3.57M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$3.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LI
Leeward Investments
Boston,
Massachusetts
|
-$20.1M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$11.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.35M |
| 4 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$5.17M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$4.82M |
NTB Hedge Fund Activity: Q4 2022 in Review
164 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q4 2022, worth a combined $990M — down 12% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new NTB positions and 12 closed out — a net gain of 14 holders — while 58 added to existing stakes and 55 trimmed.
The largest buyer was Capital World Investors, adding an estimated $8.32M. The largest seller was Leeward Investments, exiting entirely with an estimated $20.1M sold.
- 164 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q4 2022, up from 151 in Q3 2022.
- Funds reported $990M of Bank of N.T. Butterfield & Son stock for Q4 2022, down 12% quarter-over-quarter.
- 26 funds opened new Bank of N.T. Butterfield & Son positions in Q4 2022 and 12 closed out, a net change of +14 holders.
- The largest Bank of N.T. Butterfield & Son buyer in Q4 2022 was Capital World Investors, an estimated $8.32M added.
- The largest Bank of N.T. Butterfield & Son seller in Q4 2022 was Leeward Investments, an estimated $20.1M sold.
Based on aggregated 13F filings for Q4 2022.