Bank of N.T. Butterfield & Son
NTB
148 hedge funds and large institutions have $1.07B invested in Bank of N.T. Butterfield & Son in 2022 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 51 increasing their positions, 54 reducing their positions, and 21 closing their positions.
0.44% more ownership
Funds ownership: 69.08% → 69.52% (+0.44%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 54
8% less funds holding
Funds holding: 160 → 148 (-12)
8% less capital invested
Capital invested by funds: $1.17B → $1.07B (-$96.5M)
38% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$9.2M |
| 2 |
Millennium Management
New York
|
+$8.99M |
| 3 |
Morgan Stanley
New York
|
+$8.68M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$6.07M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$5.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
-$9.04M |
| 2 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$5.88M |
| 3 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$5.44M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$3.1M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.9M |
NTB Hedge Fund Activity: Q2 2022 in Review
148 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q2 2022, worth a combined $1.07B — down 8.2% from $1.17B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of NTB and 13 opened new positions — a net loss of 8 holders — while 54 trimmed existing stakes and 51 added.
The largest buyer was Capital World Investors, adding an estimated $9.2M. The largest seller was Azora Capital LP, exiting entirely with an estimated $9.04M sold.
- 148 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q2 2022, down from 160 in Q1 2022.
- Funds reported $1.07B of Bank of N.T. Butterfield & Son stock for Q2 2022, down 8.2% quarter-over-quarter.
- 13 funds opened new Bank of N.T. Butterfield & Son positions in Q2 2022 and 21 closed out, a net change of -8 holders.
- The largest Bank of N.T. Butterfield & Son buyer in Q2 2022 was Capital World Investors, an estimated $9.2M added.
- The largest Bank of N.T. Butterfield & Son seller in Q2 2022 was Azora Capital LP, an estimated $9.04M sold.
Based on aggregated 13F filings for Q2 2022.