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Bank of N.T. Butterfield & Son

131 hedge funds and large institutions have $777M invested in Bank of N.T. Butterfield & Son in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 63 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 13

2% more funds holding

Funds holding: 129131 (+2)

0.72% less ownership

Funds ownership: 69.41%68.69% (-0.72%)

10% less capital invested

Capital invested by funds: $866M → $777M (-$88.8M)

49% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 63

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
131
Holders Change
+2
Holders Change %
+1.55%
% of All Funds
2.64%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.04%
New
15
Increased
32
Reduced
63
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RhumbLine Advisers
51
RhumbLine Advisers
Massachusetts
$1.76M -$380K -15,182 -16%
California State Teachers Retirement System (CalSTRS)
52
California State Teachers Retirement System (CalSTRS)
California
$1.71M -$37.1K -1,481 -2%
MPM
53
Meritage Portfolio Management
Kansas
$1.59M -$169K -6,761 -9%
Russell Investments Group
54
Russell Investments Group
United Kingdom
$1.53M +$657K +26,226 +62%
Natixis Advisors
55
Natixis Advisors
Massachusetts
$1.38M -$59.9K -2,391 -4%
MP
56
Mangrove Partners
Connecticut
$1.38M
TRCT
57
Tower Research Capital (TRC)
New York
$1.3M +$1.21M +48,353 +484%
PA
58
Pinnacle Associates
New York
$1.22M -$85.8K -3,425 -6%
Envestnet Asset Management
59
Envestnet Asset Management
Illinois
$1.19M +$14K +560 +1%
UM
60
Ulysses Management
New York
$1.11M +$251K +10,000 +25%
Morgan Stanley
61
Morgan Stanley
New York
$969K +$413K +16,486 +61%
Renaissance Technologies
62
Renaissance Technologies
New York
$860K +$967K +38,600 New
Citadel Advisors
63
Citadel Advisors
Florida
$856K -$609K -24,330 -39%
VOYA Investment Management
64
VOYA Investment Management
Georgia
$830K -$34.9K -1,394 -4%
Deutsche Bank
65
Deutsche Bank
Germany
$815K +$37.8K +1,507 +4%
American Century Companies
66
American Century Companies
Missouri
$776K -$83.5K -3,333 -9%
Capital Fund Management (CFM)
67
Capital Fund Management (CFM)
France
$743K +$835K +33,331 New
AQR Capital Management
68
AQR Capital Management
Connecticut
$718K -$343K -13,710 -30%
Legal & General Group
69
Legal & General Group
United Kingdom
$685K -$56.4K -2,252 -7%
AIG
70
American International Group
New York
$677K -$35.3K -1,408 -4%
TM
71
Tiger Management
New York
$642K
Manulife (Manufacturers Life Insurance)
72
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$618K -$40.1K -1,602 -5%
PC
73
Polar Capital
United Kingdom
$614K -$15.5K -620 -2%
Truist Financial
74
Truist Financial
North Carolina
$561K -$18.7K -746 -3%
Barclays
75
Barclays
United Kingdom
$518K -$152K -6,073 -21%

NTB Hedge Fund Activity: Q3 2020 in Review

131 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q3 2020, worth a combined $777M — down 10% from $866M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new NTB positions and 13 closed out — a net gain of 2 holders — while 32 added to existing stakes and 63 trimmed.

The largest buyer was Invesco, adding an estimated $6.16M. The largest seller was Nuveen, cutting an estimated $5.65M.

  • 131 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q3 2020, up from 129 in Q2 2020.
  • Funds reported $777M of Bank of N.T. Butterfield & Son stock for Q3 2020, down 10% quarter-over-quarter.
  • 15 funds opened new Bank of N.T. Butterfield & Son positions in Q3 2020 and 13 closed out, a net change of +2 holders.
  • The largest Bank of N.T. Butterfield & Son buyer in Q3 2020 was Invesco, an estimated $6.16M added.
  • The largest Bank of N.T. Butterfield & Son seller in Q3 2020 was Nuveen, an estimated $5.65M sold.

Based on aggregated 13F filings for Q3 2020.