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Bank of N.T. Butterfield & Son
NTB

161 hedge funds and large institutions have $1.02B invested in Bank of N.T. Butterfield & Son in 2023 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 47 increasing their positions, 66 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

155% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 11

136% more call options, than puts

Call options by funds: $1.24M | Put options by funds: $525K

16% more capital invested

Capital invested by funds: $875M → $1.02B (+$142M)

11% more funds holding

Funds holding: 145 → 161 (+16)

0.36% more ownership

Funds ownership: 64.88% → 65.25% (+0.36%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

29% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 66

Holders
161
Holders Change
+16
Holders Change %
+11.03%
% of All Funds
2.35%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
28
Increased
47
Reduced
66
Closed
11
Calls
$1.24M
Puts
$525K
Net Calls
+$713K
Net Calls Change
+$784K

Top Buyers

Rank Fund Capital Flow
1
American Century Companies
American Century Companies
Missouri
+$10.2M
2
Ameriprise
Ameriprise
Minnesota
+$9.94M
3
Morgan Stanley
Morgan Stanley
New York
+$7.97M
4
VNIM
Vaughan Nelson Investment Management
Texas
+$7.55M
5
BlackRock
BlackRock
New York
+$6.66M

Top Sellers

Rank Fund Capital Flow
1
DSA
Davis Selected Advisers
Arizona
-$41.9M
2
Goldman Sachs
Goldman Sachs
New York
-$19.1M
3
SI
Sapience Investments
California
-$4.96M
4
Victory Capital Management
Victory Capital Management
Texas
-$4.03M
5
Invesco
Invesco
Georgia
-$3.22M
Name Holding Trade Value Shares
Change 		Change in
Stake
GPGA
26
Grandeur Peak Global Advisors
Utah
$9.55M -$1.35M -47,749 -14%
CRC
27
Curi RMB Capital
Illinois
$7.2M -$1.45M -51,000 -18%
MCA
28
Mendon Capital Advisors
Florida
$7.2M +$6.38M +225,000 New
Bank of New York Mellon
29
Bank of New York Mellon
New York
$5.85M -$388K -13,681 -7%
HA
30
Harbor Advisors
Florida
$5.29M – – –
SGA
31
Strategic Global Advisors
California
$5.22M -$227K -8,025 -5%
DA
32
Denali Advisors
California
$4.99M +$171K +6,046 +4%
Envestnet Asset Management
33
Envestnet Asset Management
Illinois
$4.84M -$155K -5,482 -3%
Goldman Sachs
34
Goldman Sachs
New York
$4.73M -$19.1M -672,694 -82%
SI
35
Sapience Investments
California
$4.6M -$4.96M -175,115 -55%
LSV Asset Management
36
LSV Asset Management
Illinois
$4.17M -$366K -12,900 -9%
Victory Capital Management
37
Victory Capital Management
Texas
$3.97M -$4.03M -142,083 -53%
PI
38
Putnam Investments
Massachusetts
$3.97M -$86K -3,035 -2%
CSS
39
Cubist Systematic Strategies
Connecticut
$3.77M +$198K +6,999 +6%
HCM
40
Hahn Capital Management
California
$3.6M -$1M -35,389 -24%
Allspring Global Investments
41
Allspring Global Investments
North Carolina
$3.52M +$124K +4,377 +4%
Bank of America
42
Bank of America
North Carolina
$3.52M +$491K +17,322 +19%
GC
43
Globeflex Capital
California
$3.36M – – –
Tudor Investment Corp
44
Tudor Investment Corp
Connecticut
$3.31M +$2.93M +103,326 New
SFM
45
Soros Fund Management
New York
$3.23M – – –
RhumbLine Advisers
46
RhumbLine Advisers
Massachusetts
$2.99M -$38K -1,341 -1%
D.E. Shaw & Co
47
D.E. Shaw & Co
New York
$2.71M +$230K +8,118 +11%
AC
48
Amitell Capital
Singapore
$2.67M +$2.37M +83,482 New
New York State Common Retirement Fund
49
New York State Common Retirement Fund
New York
$2.58M +$34.8K +1,228 +2%
UM
50
Ulysses Management
New York
$2.56M +$283K +10,000 +14%
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NTB Hedge Fund Activity: Q4 2023 in Review

161 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q4 2023, worth a combined $1.02B — up 16% from $875M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new NTB positions and 11 closed out — a net gain of 17 holders — while 47 added to existing stakes and 66 trimmed.

The largest buyer was American Century Companies, adding an estimated $10.2M. The largest seller was Davis Selected Advisers, cutting an estimated $41.9M.

  • 161 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q4 2023, up from 145 in Q3 2023.
  • Funds reported $1.02B of Bank of N.T. Butterfield & Son stock for Q4 2023, up 16% quarter-over-quarter.
  • 28 funds opened new Bank of N.T. Butterfield & Son positions in Q4 2023 and 11 closed out, a net change of +17 holders.
  • The largest Bank of N.T. Butterfield & Son buyer in Q4 2023 was American Century Companies, an estimated $10.2M added.
  • The largest Bank of N.T. Butterfield & Son seller in Q4 2023 was Davis Selected Advisers, an estimated $41.9M sold.

Based on aggregated 13F filings for Q4 2023.