Bank of N.T. Butterfield & Son
NTB
137 hedge funds and large institutions have $1.08B invested in Bank of N.T. Butterfield & Son in 2020 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 56 reducing their positions, and 12 closing their positions.
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
39% more capital invested
Capital invested by funds: $778M → $1.08B (+$306M)
5% more funds holding
Funds holding: 131 → 137 (+6)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.23% less ownership
Funds ownership: 68.69% → 68.47% (-0.23%)
23% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$9.68M |
| 2 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$8.54M |
| 3 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
+$6.94M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$4.95M |
| 5 |
BlackRock
New York
|
+$4.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.7M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$6.48M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.75M |
| 4 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
-$2.06M |
| 5 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$2.01M |
NTB Hedge Fund Activity: Q4 2020 in Review
137 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q4 2020, worth a combined $1.08B — up 39% from $778M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new NTB positions and 12 closed out — a net gain of 8 holders — while 43 added to existing stakes and 56 trimmed.
The largest buyer was Nuveen, adding an estimated $9.68M. The largest seller was Fidelity Investments, cutting an estimated $13.7M.
- 137 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q4 2020, up from 131 in Q3 2020.
- Funds reported $1.08B of Bank of N.T. Butterfield & Son stock for Q4 2020, up 39% quarter-over-quarter.
- 20 funds opened new Bank of N.T. Butterfield & Son positions in Q4 2020 and 12 closed out, a net change of +8 holders.
- The largest Bank of N.T. Butterfield & Son buyer in Q4 2020 was Nuveen, an estimated $9.68M added.
- The largest Bank of N.T. Butterfield & Son seller in Q4 2020 was Fidelity Investments, an estimated $13.7M sold.
Based on aggregated 13F filings for Q4 2020.