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Bank of N.T. Butterfield & Son

193 hedge funds and large institutions have $1.19B invested in Bank of N.T. Butterfield & Son in 2025 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 70 increasing their positions, 68 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more call options, than puts

Call options by funds: $163K | Put options by funds: $128K

6% more capital invested

Capital invested by funds: $1.13B → $1.19B (+$62.9M)

3% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 68

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less funds holding

Funds holding: 195193 (-2)

3.84% less ownership

Funds ownership: 67.5%63.66% (-3.8%)

11% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 19

Holders
193
Holders Change
-2
Holders Change %
-1.03%
% of All Funds
2.59%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
17
Increased
70
Reduced
68
Closed
19
Calls
$163K
Puts
$128K
Net Calls
+$35K
Net Calls Change
-$5K
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$105M
BlackRock
2
BlackRock
New York
$99.2M -$1.99M -52,721 -2%
N
3
Nuveen
North Carolina
$73.4M +$9.63M +254,622 +15%
RIM
4
Rovida Investment Management
Cayman Islands
$69.9M -$9.23M -244,000 -14%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$62.9M -$357K -9,425 -0.6%
Macquarie Group
6
Macquarie Group
Australia
$54.7M -$2.96M -78,105 -5%
American Century Companies
7
American Century Companies
Missouri
$48.9M +$4.33M +114,367 +10%
Thrivent Financial for Lutherans
8
Thrivent Financial for Lutherans
Minnesota
$45.8M +$134K +3,536 +0.3%
DSA
9
Davis Selected Advisers
Arizona
$41.6M -$302K -7,983 -0.7%
WHG
10
Westwood Holdings Group
Texas
$38.7M +$2.96M +78,342 +9%
Hotchkis & Wiley Capital Management
11
Hotchkis & Wiley Capital Management
California
$38.3M -$1.1M -29,180 -3%
Invesco
12
Invesco
Georgia
$34.4M +$562K +14,840 +2%
Vanguard Group
13
Vanguard Group
Pennsylvania
$33.1M -$1.27M -33,610 -4%
JP Morgan Chase
14
JP Morgan Chase
New York
$30.6M +$113K +2,993 +0.4%
State Street
15
State Street
Massachusetts
$29.8M -$1.42M -37,439 -5%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$21.2M +$443K +11,699 +2%
Adage Capital Partners
17
Adage Capital Partners
Massachusetts
$21M -$2.29M -60,586 -10%
LSV Asset Management
18
LSV Asset Management
Illinois
$20.8M +$7.08M +187,160 +54%
Victory Capital Management
19
Victory Capital Management
Texas
$19.2M -$376K -9,941 -2%
RA
20
Royce & Associates
New York
$17M
Ameriprise
21
Ameriprise
Minnesota
$15.2M +$439K +11,603 +3%
Northern Trust
22
Northern Trust
Illinois
$15M +$69.2K +1,829 +0.5%
Jacobs Levy Equity Management
23
Jacobs Levy Equity Management
New Jersey
$11.9M -$283K -7,486 -2%
Morgan Stanley
24
Morgan Stanley
New York
$11.1M -$2.58M -68,061 -19%
Goldman Sachs
25
Goldman Sachs
New York
$11.1M -$799K -21,120 -7%

NTB Hedge Fund Activity: Q1 2025 in Review

193 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q1 2025, worth a combined $1.19B — up 5.6% from $1.13B a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of NTB and 17 opened new positions — a net loss of 2 holders — while 68 trimmed existing stakes and 70 added.

The largest buyer was Nuveen, adding an estimated $9.63M. The largest seller was Rovida Investment Management, cutting an estimated $9.23M.

  • 193 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q1 2025, down from 195 in Q4 2024.
  • Funds reported $1.19B of Bank of N.T. Butterfield & Son stock for Q1 2025, up 5.6% quarter-over-quarter.
  • 17 funds opened new Bank of N.T. Butterfield & Son positions in Q1 2025 and 19 closed out, a net change of -2 holders.
  • The largest Bank of N.T. Butterfield & Son buyer in Q1 2025 was Nuveen, an estimated $9.63M added.
  • The largest Bank of N.T. Butterfield & Son seller in Q1 2025 was Rovida Investment Management, an estimated $9.23M sold.

Based on aggregated 13F filings for Q1 2025.