Bank of N.T. Butterfield & Son
145 hedge funds and large institutions have $875M invested in Bank of N.T. Butterfield & Son in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 56 increasing their positions, 57 reducing their positions, and 16 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.53% less ownership
Funds ownership: 65.41% → 64.88% (-0.53%)
2% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 57
3% less capital invested
Capital invested by funds: $899M → $875M (-$24.3M)
9% less call options, than puts
Call options by funds: $725K | Put options by funds: $796K
3% less funds holding
Funds holding: 150 → 145 (-5)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.22M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$5.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.06M |
| 4 |
RC
Roubaix Capital
Denver,
Colorado
|
+$3.31M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$8.78M |
| 2 |
Goldman Sachs
New York
|
-$6.12M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$5.69M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$4.01M |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$3.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Man Group
London,
United Kingdom
| – | -$433K | -15,825 | Closed |
|
152
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$433K | -15,813 | Closed |
|
153
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$409K | -14,068 | Closed |
|
|
FCM
154
FJ Capital Management
Mclean,
Virginia
| – | -$294K | -10,733 | Closed |
|
155
Mariner
Overland Park,
Kansas
| – | -$217K | -7,934 | Closed |
|
|
SOW
156
State of Wyoming
Cheyenne,
Wyoming
| – | -$58.1K | -2,123 | Closed |
|
|
QL
157
Quarry LP
New York
| – | -$36.9K | -1,349 | Closed |
|
|
HRCM
158
Hood River Capital Management
Palm Beach Gardens,
Florida
| – | -$36K | -1,318 | Closed |
|
159
Point72 Asset Management
Stamford,
Connecticut
| – | -$2.75K | -101 | Closed |
|
|
C
160
Covestor
London,
United Kingdom
| – | -$524 | -18 | -56% |
|
|
DI
161
Disciplined Investments
Tulsa,
Oklahoma
| – | -$301 | -11 | Closed |
|
NTB Hedge Fund Activity: Q3 2023 in Review
145 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q3 2023, worth a combined $875M — down 2.7% from $899M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of NTB and 12 opened new positions — a net loss of 4 holders — while 57 trimmed existing stakes and 56 added.
The largest buyer was Nuveen, adding an estimated $7.22M. The largest seller was Royce & Associates, cutting an estimated $8.78M.
- 145 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q3 2023, down from 150 in Q2 2023.
- Funds reported $875M of Bank of N.T. Butterfield & Son stock for Q3 2023, down 2.7% quarter-over-quarter.
- 12 funds opened new Bank of N.T. Butterfield & Son positions in Q3 2023 and 16 closed out, a net change of -4 holders.
- The largest Bank of N.T. Butterfield & Son buyer in Q3 2023 was Nuveen, an estimated $7.22M added.
- The largest Bank of N.T. Butterfield & Son seller in Q3 2023 was Royce & Associates, an estimated $8.78M sold.
Based on aggregated 13F filings for Q3 2023.