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Bank of N.T. Butterfield & Son

161 hedge funds and large institutions have $1.31B invested in Bank of N.T. Butterfield & Son in 2018 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 51 increasing their positions, 67 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.79% more ownership

Funds ownership: 74.96%75.75% (+0.79%)

9% less funds holding

Funds holding: 176161 (-15)

24% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 67

33% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 43

38% less capital invested

Capital invested by funds: $2.12B → $1.31B (-$809M)

50% less funds holding in top 10

Funds holding in top 10: 84 (-4)

Holders
161
Holders Change
-15
Holders Change %
-8.52%
% of All Funds
3.59%
Holding in Top 10
4
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-50%
% of All Funds
0.09%
New
29
Increased
51
Reduced
67
Closed
43
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Deutsche Bank
76
Deutsche Bank
Germany
$1.39M -$3.4M -82,829 -65%
TIM
77
Thornburg Investment Management
New Mexico
$1.31M
CSS
78
Cubist Systematic Strategies
Connecticut
$1.29M +$1.69M +41,219 New
Massachusetts Financial Services
79
Massachusetts Financial Services
Massachusetts
$1.27M +$129K +3,150 +8%
PVAM
80
Pacific View Asset Management
California
$1.21M +$938K +22,892 +146%
FQ
81
First Quadrant
California
$1.17M +$141K +3,444 +10%
AIG
82
American International Group
New York
$1.13M -$11.4K -277 -0.8%
Bank of Montreal
83
Bank of Montreal
Ontario, Canada
$1.1M +$6.76K +165 +0.5%
SFM
84
Systematic Financial Management
New Jersey
$1.02M +$181K +4,405 +16%
QI
85
QS Investors
New York
$1.01M
Stifel Financial
86
Stifel Financial
Missouri
$998K +$60.7K +1,480 +5%
HAI
87
Hennessy Advisors Inc
California
$878K +$1.15M +28,000 New
Bessemer Group
88
Bessemer Group
New Jersey
$828K
ARTA
89
A.R.T. Advisors
New York
$823K +$1.08M +26,241 New
UBS Group
90
UBS Group
Switzerland
$760K +$123K +3,004 +14%
WAM
91
Weiss Asset Management
Massachusetts
$744K
Citigroup
92
Citigroup
New York
$738K +$232K +5,670 +31%
MIM
93
MetLife Investment Management
New Jersey
$729K
CI
94
Cigna Investments
Connecticut
$702K -$23.7K -579 -3%
SEI Investments
95
SEI Investments
Pennsylvania
$692K +$114K +2,785 +22%
Susquehanna International Group
96
Susquehanna International Group
Pennsylvania
$671K +$877K +21,396 New
CG
97
Colony Group
Massachusetts
$662K -$1.09M -26,580 -56%
GCP
98
GSA Capital Partners
United Kingdom
$658K -$1.39M -33,882 -62%
Brown Advisory
99
Brown Advisory
Maryland
$643K +$134K +3,260 +19%
Millennium Management
100
Millennium Management
New York
$617K -$35.1M -856,970 -98%

NTB Hedge Fund Activity: Q4 2018 in Review

161 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q4 2018, worth a combined $1.31B — down 38% from $2.12B a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of NTB and 29 opened new positions — a net loss of 14 holders — while 67 trimmed existing stakes and 51 added.

The largest buyer was Capital World Investors, adding an estimated $59.4M. The largest seller was Millennium Management, cutting an estimated $35.1M.

  • 161 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q4 2018, down from 176 in Q3 2018.
  • Funds reported $1.31B of Bank of N.T. Butterfield & Son stock for Q4 2018, down 38% quarter-over-quarter.
  • 29 funds opened new Bank of N.T. Butterfield & Son positions in Q4 2018 and 43 closed out, a net change of -14 holders.
  • The largest Bank of N.T. Butterfield & Son buyer in Q4 2018 was Capital World Investors, an estimated $59.4M added.
  • The largest Bank of N.T. Butterfield & Son seller in Q4 2018 was Millennium Management, an estimated $35.1M sold.

Based on aggregated 13F filings for Q4 2018.