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Bank of N.T. Butterfield & Son

118 hedge funds and large institutions have $1.13B invested in Bank of N.T. Butterfield & Son in 2017 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 42 increasing their positions, 15 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

657% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 7

180% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 15

67% more funds holding in top 10

Funds holding in top 10: 610 (+4)

55% more funds holding

Funds holding: 76118 (+42)

9% more capital invested

Capital invested by funds: $1.04B → $1.13B (+$89.9M)

2.27% more ownership

Funds ownership: 62.23%64.5% (+2.3%)

Holders
118
Holders Change
+42
Holders Change %
+55.26%
% of All Funds
2.94%
Holding in Top 10
10
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+66.67%
% of All Funds
0.25%
New
53
Increased
42
Reduced
15
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$167M +$5.24M +160,828 +3%
NIMC
2
NWQ Investment Management Company
California
$109M +$50.6M +1,553,893 +84%
RA
3
Rovida Advisors
Florida
$63.8M
Alyeska Investment Group
4
Alyeska Investment Group
Illinois
$59.5M +$13.4M +411,222 +28%
Capital World Investors
5
Capital World Investors
California
$58.7M +$26.1M +800,000 +77%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$55.6M -$27.4M -840,938 -33%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$48.5M +$49.6M +1,521,404 New
KSCM
8
King Street Capital Management
New York
$42.2M -$42.4M -1,300,000 -50%
Millennium Management
9
Millennium Management
New York
$41.2M +$29.7M +912,795 +242%
SCA
10
Southpoint Capital Advisors
New York
$29.7M +$10.8M +331,139 +55%
HCM
11
Hilton Capital Management
New York
$23.2M +$8.8M +270,175 +59%
Westfield Capital Management
12
Westfield Capital Management
Massachusetts
$22.7M +$23.1M +710,155 New
Point72 Asset Management
13
Point72 Asset Management
Connecticut
$22.4M +$22.9M +702,500 New
Citadel Advisors
14
Citadel Advisors
Florida
$22.4M +$8.91M +273,329 +64%
VOYA Investment Management
15
VOYA Investment Management
Georgia
$18.4M +$12.4M +379,732 +193%
Hotchkis & Wiley Capital Management
16
Hotchkis & Wiley Capital Management
California
$18M -$615K -18,856 -3%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$17.5M +$17.8M +546,814 +70,194%
BlackRock
18
BlackRock
New York
$16.6M +$16.8M +516,644 +23,787%
PFMOSF
19
Philadelphia Financial Management of San Francisco
California
$16.2M +$477K +14,643 +3%
MIM
20
Monashee Investment Management
Massachusetts
$16M -$1.33M -40,797 Closed
OW
21
Orbis World
British Virgin Islands
$16M +$16.3M +500,000 New
Wells Fargo
22
Wells Fargo
California
$14.8M +$3.54M +108,637 +31%
O
23
OppenheimerFunds
New York
$12.9M +$13.2M +403,876 New
GC
24
Gillson Capital
Illinois
$12.1M +$9.09M +278,949 +276%
Two Sigma Investments
25
Two Sigma Investments
New York
$12.1M +$8.48M +260,237 +219%

NTB Hedge Fund Activity: Q1 2017 in Review

118 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q1 2017, worth a combined $1.13B — up 8.6% from $1.04B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new NTB positions and 7 closed out — a net gain of 46 holders — while 42 added to existing stakes and 15 trimmed.

The largest buyer was NWQ Investment Management Company, adding an estimated $50.6M. The largest seller was Carlyle Group, exiting entirely with an estimated $240M sold.

  • 118 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q1 2017, up from 76 in Q4 2016.
  • Funds reported $1.13B of Bank of N.T. Butterfield & Son stock for Q1 2017, up 8.6% quarter-over-quarter.
  • 53 funds opened new Bank of N.T. Butterfield & Son positions in Q1 2017 and 7 closed out, a net change of +46 holders.
  • The largest Bank of N.T. Butterfield & Son buyer in Q1 2017 was NWQ Investment Management Company, an estimated $50.6M added.
  • The largest Bank of N.T. Butterfield & Son seller in Q1 2017 was Carlyle Group, an estimated $240M sold.

Based on aggregated 13F filings for Q1 2017.