Bank of N.T. Butterfield & Son
NTB
148 hedge funds and large institutions have $1.22B invested in Bank of N.T. Butterfield & Son in 2021 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 35 increasing their positions, 61 reducing their positions, and 11 closing their positions.
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
9% more funds holding
Funds holding: 136 → 148 (+12)
0.72% less ownership
Funds ownership: 69.59% → 68.87% (-0.72%)
8% less capital invested
Capital invested by funds: $1.33B → $1.22B (-$109M)
43% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 61
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$5.93M |
| 2 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
+$5.1M |
| 3 |
RA
Royce & Associates
New York
|
+$4.08M |
| 4 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$3.59M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$7.76M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$5.62M |
| 3 |
State Street
Boston,
Massachusetts
|
-$4.24M |
| 4 |
BlackRock
New York
|
-$3.8M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$3.73M |
NTB Hedge Fund Activity: Q2 2021 in Review
148 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q2 2021, worth a combined $1.22B — down 8.2% from $1.33B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new NTB positions and 11 closed out — a net gain of 12 holders — while 35 added to existing stakes and 61 trimmed.
The largest buyer was Capital World Investors, adding an estimated $5.93M. The largest seller was Invesco, cutting an estimated $7.76M.
- 148 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q2 2021, up from 136 in Q1 2021.
- Funds reported $1.22B of Bank of N.T. Butterfield & Son stock for Q2 2021, down 8.2% quarter-over-quarter.
- 23 funds opened new Bank of N.T. Butterfield & Son positions in Q2 2021 and 11 closed out, a net change of +12 holders.
- The largest Bank of N.T. Butterfield & Son buyer in Q2 2021 was Capital World Investors, an estimated $5.93M added.
- The largest Bank of N.T. Butterfield & Son seller in Q2 2021 was Invesco, an estimated $7.76M sold.
Based on aggregated 13F filings for Q2 2021.