Bank of N.T. Butterfield & Son
158 hedge funds and large institutions have $1.78B invested in Bank of N.T. Butterfield & Son in 2018 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 45 increasing their positions, 62 reducing their positions, and 10 closing their positions.
270% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 10
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
22% more capital invested
Capital invested by funds: $1.46B → $1.78B (+$322M)
19% more funds holding
Funds holding: 133 → 158 (+25)
1.43% less ownership
Funds ownership: 73.48% → 72.05% (-1.4%)
27% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$100M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$13.5M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$13M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.4M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$43.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$43.6M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$35.3M |
| 4 |
Millennium Management
New York
|
-$33.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.8M |
NTB Hedge Fund Activity: Q1 2018 in Review
158 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q1 2018, worth a combined $1.78B — up 22% from $1.46B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new NTB positions and 10 closed out — a net gain of 27 holders — while 45 added to existing stakes and 62 trimmed.
The largest buyer was Davis Selected Advisers, opening a new position worth an estimated $100M. The largest seller was T. Rowe Price Associates, cutting an estimated $43.7M.
- 158 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q1 2018, up from 133 in Q4 2017.
- Funds reported $1.78B of Bank of N.T. Butterfield & Son stock for Q1 2018, up 22% quarter-over-quarter.
- 37 funds opened new Bank of N.T. Butterfield & Son positions in Q1 2018 and 10 closed out, a net change of +27 holders.
- The largest Bank of N.T. Butterfield & Son buyer in Q1 2018 was Davis Selected Advisers, an estimated $100M added.
- The largest Bank of N.T. Butterfield & Son seller in Q1 2018 was T. Rowe Price Associates, an estimated $43.7M sold.
Based on aggregated 13F filings for Q1 2018.