Bank of N.T. Butterfield & Son
153 hedge funds and large institutions have $1.35B invested in Bank of N.T. Butterfield & Son in 2019 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 56 increasing their positions, 48 reducing their positions, and 17 closing their positions.
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
17% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 48
2% more funds holding
Funds holding: 150 → 153 (+3)
0.5% more ownership
Funds ownership: 71.98% → 72.48% (+0.5%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
5% less capital invested
Capital invested by funds: $1.43B → $1.35B (-$76.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$33.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$20.7M |
| 3 |
JP Morgan Chase
New York
|
+$9.79M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.61M |
| 5 |
MNG
Manning & Napier Group
Fairport,
New York
|
+$5.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$13M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$6.99M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$5.91M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$5.21M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$4.64M |
NTB Hedge Fund Activity: Q2 2019 in Review
153 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q2 2019, worth a combined $1.35B — down 5.3% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new NTB positions and 17 closed out — a net gain of 6 holders — while 56 added to existing stakes and 48 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $33.6M. The largest seller was Wellington Management Group, cutting an estimated $13M.
- 153 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q2 2019, up from 150 in Q1 2019.
- Funds reported $1.35B of Bank of N.T. Butterfield & Son stock for Q2 2019, down 5.3% quarter-over-quarter.
- 23 funds opened new Bank of N.T. Butterfield & Son positions in Q2 2019 and 17 closed out, a net change of +6 holders.
- The largest Bank of N.T. Butterfield & Son buyer in Q2 2019 was Nuveen, an estimated $33.6M added.
- The largest Bank of N.T. Butterfield & Son seller in Q2 2019 was Wellington Management Group, an estimated $13M sold.
Based on aggregated 13F filings for Q2 2019.