Bank of N.T. Butterfield & Son
NTB
148 hedge funds and large institutions have $1.17B invested in Bank of N.T. Butterfield & Son in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 56 increasing their positions, 48 reducing their positions, and 28 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 48
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.1% less ownership
Funds ownership: 72.48% → 72.39% (-0.1%)
3% less funds holding
Funds holding: 153 → 148 (-5)
13% less capital invested
Capital invested by funds: $1.35B → $1.17B (-$178M)
18% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$21.2M |
| 2 |
HCM
Hahn Capital Management
Walnut Creek,
California
|
+$15.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$7.35M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$6.4M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$5.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$36.2M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$21.7M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$14.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$11.2M |
| 5 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$9.45M |
NTB Hedge Fund Activity: Q3 2019 in Review
148 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q3 2019, worth a combined $1.17B — down 13% from $1.35B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of NTB and 23 opened new positions — a net loss of 5 holders — while 48 trimmed existing stakes and 56 added.
The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $21.2M. The largest seller was Capital World Investors, cutting an estimated $36.2M.
- 148 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q3 2019, down from 153 in Q2 2019.
- Funds reported $1.17B of Bank of N.T. Butterfield & Son stock for Q3 2019, down 13% quarter-over-quarter.
- 23 funds opened new Bank of N.T. Butterfield & Son positions in Q3 2019 and 28 closed out, a net change of -5 holders.
- The largest Bank of N.T. Butterfield & Son buyer in Q3 2019 was Hotchkis & Wiley Capital Management, an estimated $21.2M added.
- The largest Bank of N.T. Butterfield & Son seller in Q3 2019 was Capital World Investors, an estimated $36.2M sold.
Based on aggregated 13F filings for Q3 2019.