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Bank of N.T. Butterfield & Son

158 hedge funds and large institutions have $1.78B invested in Bank of N.T. Butterfield & Son in 2018 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 45 increasing their positions, 62 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

270% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 10

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

22% more capital invested

Capital invested by funds: $1.46B → $1.78B (+$322M)

19% more funds holding

Funds holding: 133158 (+25)

1.43% less ownership

Funds ownership: 73.48%72.05% (-1.4%)

27% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 62

Holders
158
Holders Change
+25
Holders Change %
+18.8%
% of All Funds
3.62%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.18%
New
37
Increased
45
Reduced
62
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
51
Charles Schwab
California
$7.3M -$569K -13,335 -8%
State of Wisconsin Investment Board
52
State of Wisconsin Investment Board
Wisconsin
$7.24M
Prudential Financial
53
Prudential Financial
New Jersey
$7.13M +$735K +17,233 +12%
Allianz Asset Management
54
Allianz Asset Management
Germany
$7.06M +$1.72M +40,303 +34%
Fuller & Thaler Asset Management
55
Fuller & Thaler Asset Management
California
$6.79M +$6.45M +151,300 New
PP
56
Prospector Partners
Connecticut
$5.57M -$316K -7,400 -6%
OAM
57
Oxford Asset Management
United Kingdom
$5.43M -$8.3M -194,535 -62%
Geode Capital Management
58
Geode Capital Management
Massachusetts
$5.41M +$103K +2,424 +2%
SGA
59
Strategic Global Advisors
California
$5.26M +$2.91M +68,220 +139%
Goldman Sachs
60
Goldman Sachs
New York
$4.73M +$3.06M +71,727 +213%
Natixis Advisors
61
Natixis Advisors
Massachusetts
$4.73M -$1.36M -31,874 -23%
Man Group
62
Man Group
United Kingdom
$4.72M +$4.49M +105,284 New
Russell Investments Group
63
Russell Investments Group
United Kingdom
$4.64M -$65.6K -1,538 -1%
NIP
64
Nicholas Investment Partners
California
$4.61M -$799K -18,745 -15%
MAM
65
Martingale Asset Management
Massachusetts
$4.61M
American Century Companies
66
American Century Companies
Missouri
$4.58M +$4.36M +102,163 New
SEI Investments
67
SEI Investments
Pennsylvania
$4.13M -$80.1K -1,879 -2%
PA
68
Pinnacle Associates
New York
$4.11M -$55.9K -1,310 -1%
California State Teachers Retirement System (CalSTRS)
69
California State Teachers Retirement System (CalSTRS)
California
$3.68M -$123K -2,873 -3%
Balyasny Asset Management
70
Balyasny Asset Management
Illinois
$3.51M +$2.82M +66,070 +540%
T. Rowe Price Associates
71
T. Rowe Price Associates
Maryland
$3.38M -$43.7M -1,024,835 -93%
New York State Common Retirement Fund
72
New York State Common Retirement Fund
New York
$3.23M +$619K +14,509 +25%
EI
73
EAM Investors
California
$3.13M +$2.98M +69,845 New
PNC Financial Services Group
74
PNC Financial Services Group
Pennsylvania
$3.09M +$1.08M +25,323 +58%
Citadel Advisors
75
Citadel Advisors
Florida
$2.81M -$774K -18,156 -22%

NTB Hedge Fund Activity: Q1 2018 in Review

158 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q1 2018, worth a combined $1.78B — up 22% from $1.46B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new NTB positions and 10 closed out — a net gain of 27 holders — while 45 added to existing stakes and 62 trimmed.

The largest buyer was Davis Selected Advisers, opening a new position worth an estimated $100M. The largest seller was T. Rowe Price Associates, cutting an estimated $43.7M.

  • 158 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q1 2018, up from 133 in Q4 2017.
  • Funds reported $1.78B of Bank of N.T. Butterfield & Son stock for Q1 2018, up 22% quarter-over-quarter.
  • 37 funds opened new Bank of N.T. Butterfield & Son positions in Q1 2018 and 10 closed out, a net change of +27 holders.
  • The largest Bank of N.T. Butterfield & Son buyer in Q1 2018 was Davis Selected Advisers, an estimated $100M added.
  • The largest Bank of N.T. Butterfield & Son seller in Q1 2018 was T. Rowe Price Associates, an estimated $43.7M sold.

Based on aggregated 13F filings for Q1 2018.