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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
MIM
76
MetLife Investment Management
New Jersey
$516K
SEI Investments
77
SEI Investments
Pennsylvania
$490K -$538K -21,481 -50%
DCM
78
Dupont Capital Management
Delaware
$464K -$1.21M -48,297 -70%
State Board of Administration of Florida Retirement System
79
State Board of Administration of Florida Retirement System
Florida
$449K
Ameriprise
80
Ameriprise
Minnesota
$433K -$5.38M -214,840 -92%
QI
81
QS Investors
New York
$430K -$1.97M -78,500 -80%
CSS
82
Cubist Systematic Strategies
Connecticut
$398K +$383K +15,302 +594%
Qube Research & Technologies (QRT)
83
Qube Research & Technologies (QRT)
United Kingdom
$397K +$111K +4,424 +33%
DTL
84
Dynamic Technology Lab
Singapore
$370K +$416K +16,599 New
PP
85
Paloma Partners
Connecticut
$362K +$84.4K +3,369 +26%
MLICM
86
Metropolitan Life Insurance Company (MetLife)
New York
$335K -$58.8K -2,346 -13%
Federated Hermes
87
Federated Hermes
Pennsylvania
$315K -$44K -1,758 -11%
BPM
88
Bowling Portfolio Management
Ohio
$290K +$326K +13,005 New
CS
89
Credit Suisse
Switzerland
$284K -$33.5K -1,339 -10%
BNP Paribas Financial Markets
90
BNP Paribas Financial Markets
France
$263K +$245K +9,796 +484%
ZIM
91
Zacks Investment Management
Illinois
$257K +$289K +11,529 New
OC
92
Oppenheimer & Co
New York
$255K +$287K +11,450 New
Jacobs Levy Equity Management
93
Jacobs Levy Equity Management
New Jersey
$254K -$716K -28,594 -71%
Barrow, Hanley, Mewhinney & Strauss
94
Barrow, Hanley, Mewhinney & Strauss
Texas
$251K -$963K -38,450 -77%
Susquehanna International Group
95
Susquehanna International Group
Pennsylvania
$241K +$271K +10,831 New
Two Sigma Investments
96
Two Sigma Investments
New York
$233K +$262K +10,439 New
FT
97
Fiduciary Trust
Massachusetts
$223K +$25.1K +1,000 +11%
PWPS
98
Pinnacle Wealth Planning Services
Ohio
$212K
Osaic Holdings
99
Osaic Holdings
Arizona
$208K -$15.7K -626 -6%
CHAM
100
Clear Harbor Asset Management
Connecticut
$192K

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.