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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
Marshall Wace
51
Marshall Wace
United Kingdom
$4.75M -$2.02M -54,656 -28%
Lord, Abbett & Co
52
Lord, Abbett & Co
New Jersey
$4.33M +$4.71M +127,602 New
KCM
53
Kennedy Capital Management
Missouri
$4.23M -$53K -1,434 -1%
PP
54
Prospector Partners
Connecticut
$4.19M
MC
55
Maverick Capital
Texas
$4.18M +$4.55M +123,170 New
CEP
56
Chicago Equity Partners
Illinois
$4.08M -$46.9K -1,270 -1%
Federated Hermes
57
Federated Hermes
Pennsylvania
$3.49M -$249K -6,750 -6%
PA
58
Pinnacle Associates
New York
$2.99M +$124K +3,350 +4%
Deutsche Bank
59
Deutsche Bank
Germany
$2.92M +$1.38M +37,300 +76%
California Public Employees Retirement System
60
California Public Employees Retirement System
California
$2.88M +$2.52M +68,079 +406%
New York State Common Retirement Fund
61
New York State Common Retirement Fund
New York
$2.87M +$1.14M +30,850 +58%
California State Teachers Retirement System (CalSTRS)
62
California State Teachers Retirement System (CalSTRS)
California
$2.86M -$52K -1,407 -2%
Man Group
63
Man Group
United Kingdom
$2.86M +$59.1K +1,600 +2%
RhumbLine Advisers
64
RhumbLine Advisers
Massachusetts
$2.64M +$255K +6,907 +10%
QI
65
QS Investors
New York
$2.36M -$29.6K -800 -1%
Natixis Advisors
66
Natixis Advisors
Massachusetts
$2.31M -$271K -7,323 -10%
Citadel Advisors
67
Citadel Advisors
Florida
$2.11M +$1.86M +50,426 +432%
Barclays
68
Barclays
United Kingdom
$2.01M +$863K +23,363 +66%
Millennium Management
69
Millennium Management
New York
$1.94M +$454K +12,286 +27%
CG
70
Colony Group
Massachusetts
$1.85M +$36.5K +989 +2%
TIM
71
Thornburg Investment Management
New Mexico
$1.75M +$5.14K +139 +0.3%
SEI Investments
72
SEI Investments
Pennsylvania
$1.68M +$481K +13,021 +36%
Massachusetts Financial Services
73
Massachusetts Financial Services
Massachusetts
$1.66M +$251K +6,802 +16%
VOYA Investment Management
74
VOYA Investment Management
Georgia
$1.48M -$20.7K -559 -1%
Stifel Financial
75
Stifel Financial
Missouri
$1.46M +$150K +4,061 +10%

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.