Bank of N.T. Butterfield & Son
NTB
146 hedge funds and large institutions have $1.44B invested in Bank of N.T. Butterfield & Son in 2019 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 51 increasing their positions, 47 reducing their positions, and 26 closing their positions.
23% more capital invested
Capital invested by funds: $1.17B → $1.44B (+$265M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
9% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 47
0.11% less ownership
Funds ownership: 72.39% → 72.28% (-0.11%)
4% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 26
1% less funds holding
Funds holding: 148 → 146 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$21.2M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$8.68M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.53M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$6.76M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$4.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$10.2M |
| 2 |
MNG
Manning & Napier Group
Fairport,
New York
|
-$9.36M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$7.78M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$7.11M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$6.27M |
NTB Hedge Fund Activity: Q4 2019 in Review
146 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q4 2019, worth a combined $1.44B — up 23% from $1.17B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of NTB and 25 opened new positions — a net loss of 1 holder — while 47 trimmed existing stakes and 51 added.
The largest buyer was Thrivent Financial for Lutherans, opening a new position worth an estimated $21.2M. The largest seller was Raymond James & Associates, cutting an estimated $10.2M.
- 146 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q4 2019, down from 148 in Q3 2019.
- Funds reported $1.44B of Bank of N.T. Butterfield & Son stock for Q4 2019, up 23% quarter-over-quarter.
- 25 funds opened new Bank of N.T. Butterfield & Son positions in Q4 2019 and 26 closed out, a net change of -1 holder.
- The largest Bank of N.T. Butterfield & Son buyer in Q4 2019 was Thrivent Financial for Lutherans, an estimated $21.2M added.
- The largest Bank of N.T. Butterfield & Son seller in Q4 2019 was Raymond James & Associates, an estimated $10.2M sold.
Based on aggregated 13F filings for Q4 2019.