Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Bank of N T Butterfield & So (NTB)

247 + Investors. Track Smart Money conviction in NTB. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
5Q ▲
Buyers last Q
55%

Smart Money Signals — NTB

Based on 249 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added NTB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
249 hedge funds hold NTB right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +25% more funds vs a year ago

fund count last 6Q
+50 new funds entered over the past year (+25% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 55% buying

123 buying102 selling
Last quarter: 123 funds bought or added vs 102 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 34 → 32 → 38 → 31. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 23% medium ■ 22% new
135 out of 249 hedge funds have held NTB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~31 new funds/quarter

26 → 34 → 32 → 38 → 31 new funds/Q
New funds entering each quarter: 34 → 32 → 38 → 31. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 61% veterans vs 26% newcomers

■ 61% veterans ■ 13% 1-2yr ■ 26% new
Entry-cohort mix of 251 holders: 153 (61%) are 2+ year veterans, 33 entered 1–2 years ago, and 65 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 55% AUM from top-100 funds

55% from top-100 AUM funds
49 of 249 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in NTB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NTB

In 2026 Q2, 123 hedge funds were net buyers of NTB (31 opened a new position, 92 added to an existing one), while 102 reduced or exited (78 trimmed, 24 sold completely) — a 55% buyer ratio, indicating a slight buying edge. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 55% of total institutional value in NTB is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 249.

Hedge Fund Ownership: NTB

How many hedge funds hold NTB — quarterly history vs. share price
Quarterly hedge fund ownership of NTB vs. share price

Market Analysis: NTB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NTB

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

11 top-rated funds 3 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
3.0
/ 10
conviction
Hedge Fund Positioning: NTB
247 + Investors

Track Smart Money conviction in NTB. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 247 242 2.07%
13F Shares 29M 29M 0.54%
Total Value $1.59B $1.41B 13.4%
New Positions 31 38 -7
Increased Positions 91 101 -10
Closed Positions 26 16 +10
Reduced Positions 77 67 +10
Total Calls 2 1 100.0%
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NTB

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Institutional Holders (2026 Q2)

247 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NTB. Verified SEC 13F-HR filings.

QUARTER:
Top 25 NTB holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Rovida Investment Management Ltd 7.28% 1,793,437 $106.7M
2 JCSD Capital, LLC 6.75% 77,800 $4.6M
3 Hahn Capital Management LLC 2.29% 63,347 $3.8M
4 Crawford Fund Management, LLC 2.17% 237,604 $14.1M
5 Epacria Capital Partners, LLC 1.94% 42,292 $2.5M
6 Strategic Global Advisors, LLC 1.74% 205,703 $12.2M
7 Harbor Advisors LLC 1.08% 144,908 $8.6M
8 Globeflex Capital L P 1.05% 138,249 $8.2M
9 Denali Advisors LLC 0.84% 139,869 $8.3M
10 Point Nemo Capital, LLC 0.81% 26,908 $1.6M
11 Bragg Financial Advisors, Inc 0.59% 370,899 $22.1M
12 Ulysses Management LLC 0.44% 37,500 $2.2M
13 Virtus Advisers, LLC 0.36% 15,578 $927K
14 Parvin Asset Management, LLC 0.33% 7,130 $424K
15 Towneley Capital Management, Inc / DE 0.32% 27,155 $1.6M
16 Davis Selected Advisers 0.26% 1,012,140 $60.2M
17 Polaris Capital Management, LLC 0.24% 43,700 $2.6M
18 Seelaus Asset Management LLC 0.24% 5,775 $344K
19 Royce & Associates LP 0.21% 434,059 $25.8M
20 Redhawk Wealth Advisors, Inc. 0.17% 29,294 $1.7M
21 Bridgeway Capital Management, LLC 0.16% 154,917 $9.2M
22 Aigen Investment Management, LP 0.14% 8,692 $517K
23 Hotchkis & Wiley Capital Management LLC 0.13% 745,400 $44.4M
24 Martingale Asset Management L P 0.12% 86,722 $5.2M
25 Nomura Asset Management International INC. 0.11% 1,223,323 $72.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Bank of N T Butterfield & So (NTB)

What does the Smart Money Trend signal show for NTB?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added NTB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for NTB?

Slight buying edge — 55% buying: Last quarter: 123 funds bought or added vs 102 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for NTB holders?

Elite ownership — 55% AUM from top-100 funds: 49 of 249 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in NTB. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NTB?

54% of holders stayed for 2+ years: 135 out of 249 hedge funds have held NTB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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