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Bank of N.T. Butterfield & Son

161 hedge funds and large institutions have $1.31B invested in Bank of N.T. Butterfield & Son in 2018 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 51 increasing their positions, 67 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.79% more ownership

Funds ownership: 74.96%75.75% (+0.79%)

9% less funds holding

Funds holding: 176161 (-15)

24% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 67

33% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 43

38% less capital invested

Capital invested by funds: $2.12B → $1.31B (-$809M)

50% less funds holding in top 10

Funds holding in top 10: 84 (-4)

Holders
161
Holders Change
-15
Holders Change %
-8.52%
% of All Funds
3.59%
Holding in Top 10
4
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-50%
% of All Funds
0.09%
New
29
Increased
51
Reduced
67
Closed
43
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Los Angeles Capital Management
176
Los Angeles Capital Management
California
-$738K -14,240 Closed
Squarepoint
177
Squarepoint
New York
-$700K -13,500 Closed
WCA
178
Waratah Capital Advisors
Ontario, Canada
-$612K -11,809 Closed
SSWM
179
Sheets Smith Wealth Management
North Carolina
-$545K -10,514 Closed
Lido Advisors
180
Lido Advisors
California
-$539K -10,395 Closed
I
181
IberiaBank
Louisiana
-$369K -7,115 Closed
ProShare Advisors
182
ProShare Advisors
Maryland
-$346K -6,680 Closed
QSS
183
Quantitative Systematic Strategies
Florida
-$343K -6,615 Closed
SBH
184
Segall Bryant & Hamill
Illinois
-$336K -6,487 Closed
HIMCH
185
Hartford Investment Management Co (HIMCO)
Connecticut
-$306K -5,910 Closed
SFI
186
Susquehanna Fundamental Investments
Pennsylvania
-$275K -5,299 Closed
DLCIG
187
D.L. Carlson Investment Group
New Hampshire
-$259K -5,000 Closed
AWA
188
Arete Wealth Advisors
Illinois
-$241K -4,641 Closed
CIP
189
Convergence Investment Partners
Florida
-$240K -4,631 Closed
ECM
190
ETrade Capital Management
Virginia
-$226K -4,355 Closed
SO
191
STRS Ohio
Ohio
-$150K -2,900 Closed
SWP
192
Stratos Wealth Partners
Ohio
-$116K -2,230 Closed
LIM
193
Lagoda Investment Management
New York
-$39K -750 Closed
SWM
194
SeaCrest Wealth Management
New York
-$11K -215 Closed
Loomis, Sayles & Company
195
Loomis, Sayles & Company
Massachusetts
-$11K -206 Closed
WSTAM
196
Wilbanks Smith & Thomas Asset Management
Virginia
-$6K -124 Closed
IA
197
IFP Advisors
Florida
-$6K -116 Closed
CCA
198
Catalyst Capital Advisors
New York
-$5K -90 Closed
CCM
199
Cribstone Capital Management
Maine
-$3K -50 Closed
SPIA
200
Steward Partners Investment Advisory
New York
-$3K -49 Closed

NTB Hedge Fund Activity: Q4 2018 in Review

161 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q4 2018, worth a combined $1.31B — down 38% from $2.12B a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of NTB and 29 opened new positions — a net loss of 14 holders — while 67 trimmed existing stakes and 51 added.

The largest buyer was Capital World Investors, adding an estimated $59.4M. The largest seller was Millennium Management, cutting an estimated $35.1M.

  • 161 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q4 2018, down from 176 in Q3 2018.
  • Funds reported $1.31B of Bank of N.T. Butterfield & Son stock for Q4 2018, down 38% quarter-over-quarter.
  • 29 funds opened new Bank of N.T. Butterfield & Son positions in Q4 2018 and 43 closed out, a net change of -14 holders.
  • The largest Bank of N.T. Butterfield & Son buyer in Q4 2018 was Capital World Investors, an estimated $59.4M added.
  • The largest Bank of N.T. Butterfield & Son seller in Q4 2018 was Millennium Management, an estimated $35.1M sold.

Based on aggregated 13F filings for Q4 2018.