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Bank of N.T. Butterfield & Son

162 hedge funds and large institutions have $947M invested in Bank of N.T. Butterfield & Son in 2024 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 51 increasing their positions, 64 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

15% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 20

1% more funds holding

Funds holding: 161162 (+1)

2.87% less ownership

Funds ownership: 65.25%62.38% (-2.9%)

7% less capital invested

Capital invested by funds: $1.02B → $947M (-$69.6M)

20% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 64

38% less call options, than puts

Call options by funds: $1.8M | Put options by funds: $2.92M

Holders
162
Holders Change
+1
Holders Change %
+0.62%
% of All Funds
2.33%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
23
Increased
51
Reduced
64
Closed
20
Calls
$1.8M
Puts
$2.92M
Net Calls
-$1.12M
Net Calls Change
-$1.83M
Name Holding Trade Value Shares
Change
Change in
Stake
D.E. Shaw & Co
51
D.E. Shaw & Co
New York
$2.58M -$121K -3,989 -5%
New York State Common Retirement Fund
52
New York State Common Retirement Fund
New York
$2.58M -$882 -29 -0%
HCM
53
Hahn Capital Management
California
$2.39M -$1.15M -37,678 -34%
Massachusetts Financial Services
54
Massachusetts Financial Services
Massachusetts
$2.23M -$4.68K -154 -0.2%
Russell Investments Group
55
Russell Investments Group
United Kingdom
$1.95M +$56.4K +1,854 +3%
Voloridge Investment Management
56
Voloridge Investment Management
Florida
$1.88M -$74.5K -2,450 -4%
Royal Bank of Canada
57
Royal Bank of Canada
Ontario, Canada
$1.87M -$355K -11,687 -17%
AllianceBernstein
58
AllianceBernstein
Tennessee
$1.75M -$290K -9,540 -15%
TI
59
Trexquant Investment
Connecticut
$1.73M +$783K +25,737 +91%
Man Group
60
Man Group
United Kingdom
$1.72M +$1.23M +40,419 +300%
UBS Group
61
UBS Group
Switzerland
$1.7M -$45.1K -1,483 -3%
Stifel Financial
62
Stifel Financial
Missouri
$1.56M -$6.32K -208 -0.4%
Citigroup
63
Citigroup
New York
$1.36M +$337K +11,081 +32%
ECP
64
Epacria Capital Partners
Colorado
$1.35M +$70.2K +2,308 +6%
AG
65
Algert Global
California
$1.32M +$41.4K +1,360 +3%
ECM
66
ExodusPoint Capital Management
New York
$1.22M +$925K +30,435 +399%
Cambridge Investment Research Advisors
67
Cambridge Investment Research Advisors
Iowa
$1.13M +$95.8K +3,152 +10%
Barclays
68
Barclays
United Kingdom
$1.08M -$991K -32,580 -49%
EGM
69
Engineers Gate Manager
New York
$1.02M +$113K +3,708 +13%
Jennison Associates
70
Jennison Associates
New York
$977K +$929K +30,540 New
BNP Paribas Financial Markets
71
BNP Paribas Financial Markets
France
$955K +$319K +10,502 +54%
VOYA Investment Management
72
VOYA Investment Management
Georgia
$874K -$98.5K -3,241 -11%
Two Sigma Advisers
73
Two Sigma Advisers
New York
$835K -$1.32M -43,300 -62%
WCM
74
Wedge Capital Management
North Carolina
$818K +$201K +6,616 +35%
MIM
75
MetLife Investment Management
New Jersey
$812K

NTB Hedge Fund Activity: Q1 2024 in Review

162 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q1 2024, worth a combined $947M — down 6.9% from $1.02B a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new NTB positions and 20 closed out — a net gain of 3 holders — while 51 added to existing stakes and 64 trimmed.

The largest buyer was American Century Companies, adding an estimated $9M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $21.3M sold.

  • 162 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q1 2024, up from 161 in Q4 2023.
  • Funds reported $947M of Bank of N.T. Butterfield & Son stock for Q1 2024, down 6.9% quarter-over-quarter.
  • 23 funds opened new Bank of N.T. Butterfield & Son positions in Q1 2024 and 20 closed out, a net change of +3 holders.
  • The largest Bank of N.T. Butterfield & Son buyer in Q1 2024 was American Century Companies, an estimated $9M added.
  • The largest Bank of N.T. Butterfield & Son seller in Q1 2024 was Vaughan Nelson Investment Management, an estimated $21.3M sold.

Based on aggregated 13F filings for Q1 2024.