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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
US Bancorp
101
US Bancorp
Minnesota
$117K +$22.7K +905 +21%
Citigroup
102
Citigroup
New York
$116K -$458K -18,293 -78%
AIP
103
Ameritas Investment Partners
Nebraska
$96K -$11.4K -454 -9%
AIM
104
Aigen Investment Management
New York
$75K +$84.4K +3,371 New
ASN
105
Advisory Services Network
Georgia
$69K +$78.5K +3,132 New
Bank of Montreal
106
Bank of Montreal
Ontario, Canada
$67K -$283K -11,308 -81%
PAM
107
Panagora Asset Management
Massachusetts
$54K
AAP
108
Arax Advisory Partners
Colorado
$45K -$6.36K -254 -11%
Fifth Third Bancorp
109
Fifth Third Bancorp
Ohio
$35K -$20.3K -811 -34%
Nisa Investment Advisors
110
Nisa Investment Advisors
Missouri
$32K -$114K -4,550 -76%
UBS Group
111
UBS Group
Switzerland
$17K -$416K -16,620 -96%
QCG
112
Quadrant Capital Group
Ohio
$17K
HNB
113
Huntington National Bank
Ohio
$14K -$9.74K -389 -38%
GWM
114
Geneos Wealth Management
Colorado
$11K
FHC
115
First Horizon Corporation
Tennessee
$11K +$13.5K +538 New
PNC Financial Services Group
116
PNC Financial Services Group
Pennsylvania
$7K -$161K -6,427 -95%
PHK
117
Point72 Hong Kong
Hong Kong
$7K -$1.15K -46 -13%
BWM
118
Baystate Wealth Management
Massachusetts
$6K
KTC
119
Kistler-Tiffany Companies
Pennsylvania
$6K +$6.21K +248 New
FMII
120
Farmers & Merchants Investments Inc
Nebraska
$5K
IA
121
IFP Advisors
Florida
$5K
SWM
122
Sugarloaf Wealth Management
Georgia
$5K +$75 +3 +2%
NFG
123
Next Financial Group
Texas
$3K +$3.13K +125 New
LC
124
Lindbrook Capital
California
$2K -$601 -24 -21%
RWA
125
Ropes Wealth Advisors
Massachusetts
$2K

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.