Bank of N.T. Butterfield & Son
131 hedge funds and large institutions have $777M invested in Bank of N.T. Butterfield & Son in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 63 reducing their positions, and 13 closing their positions.
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
2% more funds holding
Funds holding: 129 → 131 (+2)
0.72% less ownership
Funds ownership: 69.41% → 68.69% (-0.72%)
10% less capital invested
Capital invested by funds: $866M → $777M (-$88.8M)
49% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 63
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$6.16M |
| 2 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$3.34M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.9M |
| 4 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
+$2.25M |
| 5 |
SGA
Strategic Global Advisors
Newport Beach,
California
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$5.65M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.38M |
| 3 |
HCM
Hahn Capital Management
Walnut Creek,
California
|
-$4.89M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.83M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$4.14M |
NTB Hedge Fund Activity: Q3 2020 in Review
131 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q3 2020, worth a combined $777M — down 10% from $866M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NTB positions and 13 closed out — a net gain of 2 holders — while 32 added to existing stakes and 63 trimmed.
The largest buyer was Invesco, adding an estimated $6.16M. The largest seller was Nuveen, cutting an estimated $5.65M.
- 131 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q3 2020, up from 129 in Q2 2020.
- Funds reported $777M of Bank of N.T. Butterfield & Son stock for Q3 2020, down 10% quarter-over-quarter.
- 15 funds opened new Bank of N.T. Butterfield & Son positions in Q3 2020 and 13 closed out, a net change of +2 holders.
- The largest Bank of N.T. Butterfield & Son buyer in Q3 2020 was Invesco, an estimated $6.16M added.
- The largest Bank of N.T. Butterfield & Son seller in Q3 2020 was Nuveen, an estimated $5.65M sold.
Based on aggregated 13F filings for Q3 2020.