Bank of N.T. Butterfield & Son
NTB
181 hedge funds and large institutions have $1.12B invested in Bank of N.T. Butterfield & Son in 2024 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 72 increasing their positions, 47 reducing their positions, and 16 closing their positions.
120% more call options, than puts
Call options by funds: $380K | Put options by funds: $173K
94% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 16
53% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 47
9% more capital invested
Capital invested by funds: $1.03B → $1.12B (+$91.5M)
8% more funds holding
Funds holding: 167 → 181 (+14)
3.93% more ownership
Funds ownership: 62.69% → 66.62% (+3.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$9.62M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$6.03M |
| 3 |
BlackRock
New York
|
+$5.32M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$4.97M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$3.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$11.6M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$3.51M |
| 3 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$3.05M |
| 4 |
AC
Amitell Capital
Singapore
|
-$2.93M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$2.81M |
NTB Hedge Fund Activity: Q3 2024 in Review
181 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q3 2024, worth a combined $1.12B — up 8.9% from $1.03B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new NTB positions and 16 closed out — a net gain of 15 holders — while 72 added to existing stakes and 47 trimmed.
The largest buyer was Jacobs Levy Equity Management, adding an estimated $9.62M. The largest seller was Adage Capital Partners, cutting an estimated $11.6M.
- 181 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q3 2024, up from 167 in Q2 2024.
- Funds reported $1.12B of Bank of N.T. Butterfield & Son stock for Q3 2024, up 8.9% quarter-over-quarter.
- 31 funds opened new Bank of N.T. Butterfield & Son positions in Q3 2024 and 16 closed out, a net change of +15 holders.
- The largest Bank of N.T. Butterfield & Son buyer in Q3 2024 was Jacobs Levy Equity Management, an estimated $9.62M added.
- The largest Bank of N.T. Butterfield & Son seller in Q3 2024 was Adage Capital Partners, an estimated $11.6M sold.
Based on aggregated 13F filings for Q3 2024.