Bank of N.T. Butterfield & Son
NTB
136 hedge funds and large institutions have $1.33B invested in Bank of N.T. Butterfield & Son in 2021 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 47 increasing their positions, 57 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
23% more capital invested
Capital invested by funds: $1.08B → $1.33B (+$246M)
1.13% more ownership
Funds ownership: 68.47% → 69.59% (+1.1%)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
1% less funds holding
Funds holding: 137 → 136 (-1)
18% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
+$20.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.44M |
| 3 |
BlackRock
New York
|
+$5.08M |
| 4 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
+$4.26M |
| 5 |
RA
Royce & Associates
New York
|
+$3.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$10.2M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$6.42M |
| 3 |
Man Group
London,
United Kingdom
|
-$4.49M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$4.28M |
| 5 |
Millennium Management
New York
|
-$2.93M |
NTB Hedge Fund Activity: Q1 2021 in Review
136 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q1 2021, worth a combined $1.33B — up 23% from $1.08B a quarter earlier.
Fund positioning in NTB was balanced in Q1 2021: 16 funds opened new positions, 16 closed out, 47 added to existing stakes and 57 trimmed.
The largest buyer was Grandeur Peak Global Advisors, adding an estimated $20.1M. The largest seller was Adage Capital Partners, cutting an estimated $10.2M.
- 136 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q1 2021, down from 137 in Q4 2020.
- Funds reported $1.33B of Bank of N.T. Butterfield & Son stock for Q1 2021, up 23% quarter-over-quarter.
- 16 funds opened new Bank of N.T. Butterfield & Son positions in Q1 2021 and 16 closed out, a net change of 0 holders.
- The largest Bank of N.T. Butterfield & Son buyer in Q1 2021 was Grandeur Peak Global Advisors, an estimated $20.1M added.
- The largest Bank of N.T. Butterfield & Son seller in Q1 2021 was Adage Capital Partners, an estimated $10.2M sold.
Based on aggregated 13F filings for Q1 2021.