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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
Principal Financial Group
76
Principal Financial Group
Iowa
$812K +$185K +6,080 +32%
Wells Fargo
77
Wells Fargo
California
$776K +$156K +5,137 +27%
AIG
78
American International Group
New York
$766K -$6.26K -206 -0.9%
FHB
79
First Hawaiian Bank
Hawaii
$751K -$403K -13,252 -36%
NRD
80
Nebula Research & Development
New York
$744K +$516K +16,958 +269%
Squarepoint
81
Squarepoint
New York
$733K -$502K -16,523 -42%
Deutsche Bank
82
Deutsche Bank
Germany
$724K +$20.2K +664 +3%
Two Sigma Investments
83
Two Sigma Investments
New York
$707K +$83.3K +2,740 +14%
SEI Investments
84
SEI Investments
Pennsylvania
$644K -$69.3K -2,279 -10%
State of Wisconsin Investment Board
85
State of Wisconsin Investment Board
Wisconsin
$592K +$562K +18,500 New
Mirae Asset Global Investments
86
Mirae Asset Global Investments
South Korea
$592K -$36K -1,183 -5%
Citadel Advisors
87
Citadel Advisors
Florida
$569K -$1.73M -56,944 -76%
SO
88
STRS Ohio
Ohio
$553K +$526K +17,300 New
Manulife (Manufacturers Life Insurance)
89
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$544K +$1.4K +46 +0.3%
CCIA
90
Campbell & Co Investment Adviser
Maryland
$496K -$27.8K -915 -6%
RJA
91
Raymond James & Associates
Florida
$491K +$28.3K +932 +6%
State Board of Administration of Florida Retirement System
92
State Board of Administration of Florida Retirement System
Florida
$477K +$102K +3,350 +23%
BC
93
Barnett & Company
Tennessee
$457K -$42.6K -1,400 -9%
HCA
94
Harbor Capital Advisors
Illinois
$451K +$429K +14,112 New
QT
95
Quantbot Technologies
New York
$450K +$353K +11,625 +476%
T. Rowe Price Associates
96
T. Rowe Price Associates
Maryland
$444K +$47.9K +1,576 +13%
Janney Montgomery Scott
97
Janney Montgomery Scott
Pennsylvania
$441K +$419K +13,781 New
SGI
98
Summit Global Investments
Utah
$422K -$15.8K -520 -4%
Creative Planning
99
Creative Planning
Kansas
$400K +$380K +12,491 New
AA
100
ALPS Advisors
Colorado
$369K +$10K +329 +3%

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.