Bank of N.T. Butterfield & Son
NTB
129 hedge funds and large institutions have $866M invested in Bank of N.T. Butterfield & Son in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 38 increasing their positions, 51 reducing their positions, and 25 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
34% more capital invested
Capital invested by funds: $647M → $866M (+$220M)
0.44% less ownership
Funds ownership: 69.85% → 69.41% (-0.44%)
4% less funds holding
Funds holding: 135 → 129 (-6)
20% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 25
25% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$24.7M |
| 2 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$5.88M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$5.81M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.65M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Southpoint Capital Advisors
New York
|
-$18.9M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$8.57M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$7.41M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$4.55M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.21M |
NTB Hedge Fund Activity: Q2 2020 in Review
129 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q2 2020, worth a combined $866M — up 34% from $647M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of NTB and 20 opened new positions — a net loss of 5 holders — while 51 trimmed existing stakes and 38 added.
The largest buyer was Fidelity Investments, adding an estimated $24.7M. The largest seller was Southpoint Capital Advisors, exiting entirely with an estimated $18.9M sold.
- 129 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q2 2020, down from 135 in Q1 2020.
- Funds reported $866M of Bank of N.T. Butterfield & Son stock for Q2 2020, up 34% quarter-over-quarter.
- 20 funds opened new Bank of N.T. Butterfield & Son positions in Q2 2020 and 25 closed out, a net change of -5 holders.
- The largest Bank of N.T. Butterfield & Son buyer in Q2 2020 was Fidelity Investments, an estimated $24.7M added.
- The largest Bank of N.T. Butterfield & Son seller in Q2 2020 was Southpoint Capital Advisors, an estimated $18.9M sold.
Based on aggregated 13F filings for Q2 2020.