Vault-13

BANK OF NT BUTTERFIELD&SON L NTB

SHS NEW · Common Stock · CUSIP G0772R208

244 institutional holders +22 vs Q4 2025
28,937,18128.9m shares reported held*
72.4% of all shares outstanding*
$1.5bnreported value*
33 new 101 added 69 reduced 14 sold out net bought ≈ $12.5m (+239.0k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($11.6m this quarter). Holder counts are more reliable. Shares outstanding: 39.9m as of 2025-12-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $52.45. Options: 3 managers hold calls ($215.2k notional), 2 hold puts ($15.7k).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 151Q4 22: 164Q1 23: 162Q2 23: 151Q3 23: 146Q4 23: 162Q1 24: 163Q2 24: 168Q3 24: 182Q4 24: 196Q1 25: 194Q2 25: 204Q3 25: 217Q4 25: 222Q1 26: 244244Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022151
Q4 2022164
Q1 2023162
Q2 2023151
Q3 2023146
Q4 2023162
Q1 2024163
Q2 2024168
Q3 2024182
Q4 2024196
Q1 2025194
Q2 2025204
Q3 2025217
Q4 2025222
Q1 2026244

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q2 24: 65 bought or addedQ2 24: 86 cut or sold outQ3 24: 101 bought or addedQ3 24: 63 cut or sold outQ3 24Q4 24: 92 bought or addedQ4 24: 79 cut or sold outQ1 25: 84 bought or addedQ1 25: 86 cut or sold outQ1 25Q2 25: 90 bought or addedQ2 25: 89 cut or sold outQ3 25: 111 bought or addedQ3 25: 77 cut or sold outQ3 25Q4 25: 113 bought or addedQ4 25: 101 cut or sold outQ1 26: 134 bought or addedQ1 26: 83 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20246586
Q3 202410163
Q4 20249279
Q1 20258486
Q2 20259089
Q3 202511177
Q4 2025113101
Q1 202613483

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600kQ2 25 calls: $322.8kQ2 25 puts: $4.0kQ2 25P/C 0.01Q3 25 calls: $4.0kQ3 25 puts: $51.2kQ3 25P/C 12.79Q4 25 calls: $558.0kQ4 25 puts: $10.0kQ4 25P/C 0.02Q1 26 calls: $215.2kQ1 26 puts: $15.7kQ1 26P/C 0.07
Numbers
QuarterCallsPutsP/C
Q2 2025$322.8k$4.0k0.01
Q3 2025$4.0k$51.2k12.79
Q4 2025$558.0k$10.0k0.02
Q1 2026$215.2k$15.7k0.07

Biggest buyers

LSV ASSET MANAGEMENT Added +489,105+489.1k
Assenagon Asset Management S.A. Added +167,871+167.9k
Bragg Financial Advisors, Inc New +155,538+155.5k
LAZARD ASSET MANAGEMENT LLC Added +94,596+94.6k
AMERICAN CENTURY COMPANIES INC Added +72,311+72.3k
FEDERATED HERMES, INC. Added +66,546+66.5k
TWO SIGMA INVESTMENTS, LP Added +50,333+50.3k
ACADIAN ASSET MANAGEMENT LLC Added +50,178+50.2k
UBS Group AG Added +49,738+49.7k
GOLDMAN SACHS GROUP INC Added +44,570+44.6k

Biggest sellers

Invesco Ltd. Reduced -266,032-266.0k
ADAGE CAPITAL PARTNERS GP, L.L.C. Reduced -155,716-155.7k
MILLENNIUM MANAGEMENT LLC Reduced -150,264-150.3k
CITADEL ADVISORS LLC Reduced -110,631-110.6k
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Reduced -94,340-94.3k
FMR LLC Reduced -88,354-88.4k
JPMORGAN CHASE & CO Reduced -73,162-73.2k
JANE STREET GROUP, LLC Sold out -71,133-71.1k
TWO SIGMA ADVISERS, LP Sold out -70,100-70.1k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Reduced -58,587-58.6k

Biggest calls

CITADEL ADVISORS LLC Reduced $204.7k3.9k shares
GROUP ONE TRADING LLC New $5.2k100 shares
SIMPLEX TRADING, LLC New $5.2k100 shares

Biggest puts

GROUP ONE TRADING LLC Unchanged $10.5k200 shares
SIMPLEX TRADING, LLC New $5.2k100 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q1 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.01% of their portfolio BOSTON, MA 2,604,0262.6m $136.7m $136.7m 0.01% Reduced -88.4k -88,354
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,302,7692.3m $120.8m $120.8m 0.00% Reduced -49.6k -49,596
3 Rovida Investment Management Ltd 11.80% of their portfolio Grand Cayman, E9 1,793,4371.8m $94.1m $94.1m 11.80% Unchanged
4 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 1,648,8581.6m $86.5m $86.5m 0.04% Added +72.3k +72,311
5 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 1,595,5061.6m $83.7m $83.7m 0.02% Added +33.5k +33,493
6 LSV ASSET MANAGEMENT 0.15% of their portfolio CHICAGO, IL 1,313,0301.3m $68.9m $68.9m 0.15% Added +489.1k +489,105
7 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.11% of their portfolio PHILADELPHIA, PA 1,249,0681.2m $65.6m $65.6m 0.11% Reduced -1.3k -1,271
8 Davis Selected Advisers 0.26% of their portfolio Tucson, AZ 1,073,1291.1m $56.3m $56.3m 0.26% Added +19.4k +19,419
9 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 906,520906.5k $47.6m $47.6m 0.01% Added +18 +18
10 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.13% of their portfolio Los Angeles, CA 804,730804.7k $42.2m $42.2m 0.13% Reduced -94.3k -94,340
11 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 760,517760.5k $39.9m $39.9m 0.00% Reduced -266.0k -266,032
12 VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 754,426754.4k $39.6m $39.6m 0.00% First filing
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 699,243699.2k $36.7m $36.7m 0.00% Added +12.8k +12,751
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 631,092631.1k $32.7m $32.7m 0.00% Reduced -73.2k -73,162
15 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 515,939515.9k $27.1m $27.1m 0.00% Added +11.7k +11,729
16 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 439,647439.6k $23.1m $23.1m 0.01% Reduced -30.1k -30,136
17 ROYCE & ASSOCIATES LP 0.22% of their portfolio New York, NY 433,384433.4k $22.7m $22.7m 0.22% Added +2.4k +2,443
18 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 399,804399.8k $21.0m $21.0m 0.01% Added +26.4k +26,381
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 367,198367.2k $19.3m $19.3m 0.00% Reduced -53.1k -53,057
20 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 343,654343.7k $18.0m $18.0m 0.00% Added +44.6k +44,570
21 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 328,871328.9k $17.3m $17.3m 0.00% Reduced -13.7k -13,747
22 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 307,458307.5k $16.1m $16.1m 0.00% Added +14.6k +14,557
23 JACOBS LEVY EQUITY MANAGEMENT, INC 0.06% of their portfolio FLORHAM PARK, NJ 290,579290.6k $15.2m $15.2m 0.06% Added +1.7k +1,708
24 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 289,899289.9k $15.2m $15.2m 0.02% Reduced -4.1k -4,084
25 ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio Boston, MA 288,189288.2k $15.1m $15.1m 0.02% Added +50.2k +50,178
26 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.29% of their portfolio HOUSTON, TX 271,308271.3k $14.2m $14.2m 0.29% Reduced -1.1k -1,127
27 FEDERATED HERMES, INC. 0.02% of their portfolio PITTSBURGH, PA 258,487258.5k $13.6m $13.6m 0.02% Added +66.5k +66,546
28 UBS Group AG 0.00% of their portfolio ZURICH, V8 246,509246.5k $12.9m $12.9m 0.00% Added +49.7k +49,738
29 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 238,312238.3k $12.5m $12.5m 0.01% Added +50.3k +50,333
30 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio Boston, MA 211,054211.1k $11.1m $11.1m 0.02% Reduced -155.7k -155,716
31 Crawford Fund Management, LLC 3.55% of their portfolio BOSTON, MA 207,404207.4k $10.9m $10.9m 3.55% Added +5.9k +5,900
32 Strategic Global Advisors, LLC 1.73% of their portfolio NEWPORT BEACH, CA 205,983206.0k $10.8m $10.8m 1.73% Reduced -26.5k -26,530
33 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 205,784205.8k $10.8m $10.8m 0.01% Reduced -150.3k -150,264
34 Assenagon Asset Management S.A. 0.02% of their portfolio SENNINGERBERG, N4 193,754193.8k $10.2m $10.2m 0.02% Added +167.9k +167,871
35 LORD, ABBETT & CO. LLC 0.03% of their portfolio JERSEY CITY, NJ 188,545188.5k $9.9m $9.9m 0.03% Reduced -3.7k -3,718
36 Empowered Funds, LLC 0.06% of their portfolio NEWTOWN SQUARE, PA 180,408180.4k $9.5m $9.5m 0.06% Added +8.6k +8,573
37 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 167,051167.1k $8.8m $8.8m 0.01% Added +94.6k +94,596
38 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 159,457159.5k $8.4m $8.4m 0.00% Added +14.0k +14,008
39 Bragg Financial Advisors, Inc 0.26% of their portfolio CHARLOTTE, NC 155,538155.5k $8.2m $8.2m 0.26% New
40 DENALI ADVISORS LLC 0.90% of their portfolio SAN DIEGO, CA 154,869154.9k $8.1m $8.1m 0.90% Added +2.4k +2,390
41 Harbor Advisors LLC 1.10% of their portfolio West Palm Beach, FL 144,908144.9k $7.6m $7.6m 1.10% Reduced -10.5k -10,500
42 GLOBEFLEX CAPITAL L P 1.10% of their portfolio SAN DIEGO, CA 137,969138.0k $7.2m $7.2m 1.10% Added +7.6k +7,570
43 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 119,425119.4k $6.3m $6.3m 0.00% Added +32.5k +32,465
44 PANAGORA ASSET MANAGEMENT INC 0.02% of their portfolio BOSTON, MA 118,862118.9k $6.2m $6.2m 0.02% Added +33.4k +33,377
45 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 117,936117.9k $6.0m $6.0m 0.00% Reduced -10.7k -10,718
46 Man Group plc 0.01% of their portfolio LONDON, X0 114,748114.7k $6.0m $6.0m 0.01% Added +40.5k +40,521
47 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 100,671100.7k $5.3m $5.3m 0.01% Reduced -41.0k -40,977
48 SEGALL BRYANT & HAMILL, LLC 0.07% of their portfolio CHICAGO, IL 97,82997.8k $5.1m $5.1m 0.07% Reduced -4.4k -4,390
49 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 97,71097.7k $5.1m $5.1m 0.01% Added +1.3k +1,265
50 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 97,32297.3k $5.1m $5.1m 0.00% Added +41.3k +41,349
51 TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio STAMFORD, CT 95,43595.4k $5.0m $5.0m 0.03% Reduced -27.4k -27,351
52 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 91,20391.2k $4.8m $4.8m 0.00% Reduced -12.6k -12,635
53 MARTINGALE ASSET MANAGEMENT L P 0.11% of their portfolio BOSTON, MA 87,33787.3k $4.6m $4.6m 0.11% Added +10.8k +10,835
54 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 81,49581.5k $4.3m $4.3m 0.00% Added +9.5k +9,540
55 IEQ CAPITAL, LLC 0.02% of their portfolio Foster City, CA 79,13979.1k $4.2m $4.2m 0.02% Added +4.9k +4,920
56 JCSD Capital, LLC 6.36% of their portfolio Walnut Creek, CA 77,80077.8k $4.1m $4.1m 6.36% Reduced -1.0k -1,000
57 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 67,59567.6k $3.5m $3.5m 0.00% Added +9.9k +9,893
58 HAHN CAPITAL MANAGEMENT LLC 2.16% of their portfolio WALNUT CREEK, CA 65,51865.5k $3.4m $3.4m 2.16% Reduced -15.4k -15,427
59 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 61,04261.0k $3.2m $3.2m 0.01% Reduced -38.0k -38,048
60 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 59,03359.0k $3.1m $3.1m 0.00% Reduced -4.7k -4,673
61 Canoe Financial LP 0.04% of their portfolio CALGARY, A0 58,96659.0k $3.1m $3.1m 0.04% Reduced -5.4k -5,429
62 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 56,11056.1k $2.9m $2.9m 0.00% Reduced -1.1k -1,100
63 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 55,99056.0k $2.9m $2.9m 0.00% Added +27.1k +27,060
64 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.05% of their portfolio Seattle, WA 50,66750.7k $2.7m $2.7m 0.05% Added +5.9k +5,910
65 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 50,00250.0k $2.6m $2.6m 0.00% Added +9.3k +9,317
66 Polaris Capital Management, LLC 0.20% of their portfolio BOSTON, MA 45,60045.6k $2.4m $2.4m 0.20% Unchanged
67 Trexquant Investment LP 0.02% of their portfolio STAMFORD, CT 43,53043.5k $2.3m $2.3m 0.02% Reduced -40.4k -40,359
68 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 42,42242.4k $2.2m $2.2m 0.00% Unchanged
69 EPACRIA CAPITAL PARTNERS, LLC 1.72% of their portfolio BOULDER, CO 42,29242.3k $2.2m $2.2m 1.72% Unchanged
70 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 41,11041.1k $2.0m $2.0m 0.00% Unchanged
71 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 40,61940.6k $2.1m $2.1m 0.00% Reduced -18.1k -18,114
72 Magnetar Financial LLC 0.02% of their portfolio EVANSTON, IL 38,25438.3k $2.0m $2.0m 0.02% Added +18.4k +18,423
73 Campbell & CO Investment Adviser LLC 0.11% of their portfolio BALTIMORE, MD 38,19438.2k $2.0m $2.0m 0.11% Added +5.5k +5,460
74 HARBOR CAPITAL ADVISORS, INC. 0.16% of their portfolio CHICAGO, IL 38,17538.2k $2.0m $2.0m 0.16% Added +3.0k +2,996
75 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 38,00038.0k $2.0m $2.0m 0.00% Added +24.6k +24,566
76 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 37,90437.9k $2.0m $2.0m 0.00% Added +4.1k +4,119
77 Ulysses Management LLC 0.74% of their portfolio New York, NY 37,50037.5k $2.0m $2.0m 0.74% Added +7.5k +7,500
78 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 36,88936.9k $1.9m $1.9m 0.00% Added +2.2k +2,180
79 Y-Intercept (Hong Kong) Ltd 0.04% of their portfolio HONG KONG, K3 35,44635.4k $1.9m $1.9m 0.04% Added +16.7k +16,664
80 XTX Topco Ltd 0.03% of their portfolio LONDON, X0 35,39035.4k $1.9m $1.9m 0.03% Added +23.2k +23,249
81 Mariner, LLC 0.00% of their portfolio Overland Park, KS 34,93634.9k $1.8m $1.8m 0.00% Added +5.6k +5,590
82 CWM, LLC 0.00% of their portfolio OMAHA, NE 33,46433.5k $1.8m $1.8m 0.00% Added +2.6k +2,564
83 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 33,45633.5k $1.8m $1.8m 0.00% Reduced -110.6k -110,631
84 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 31,29231.3k $1.6m $1.6m 0.01% Added +27.2k +27,183
85 Engineers Gate Manager LP 0.02% of their portfolio NEW YORK, NY 30,71530.7k $1.6m $1.6m 0.02% Added +8.3k +8,258
86 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 30,17930.2k $1.6m $1.6m 0.00% Added +6.0k +6,018
87 PDT Partners, LLC 0.09% of their portfolio New York, NY 29,35729.4k $1.5m $1.5m 0.09% Added +1.9k +1,915
88 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 28,49528.5k $1.5m $1.5m 0.00% Reduced -25.4k -25,358
89 Redhawk Wealth Advisors, Inc. 0.16% of their portfolio MINNEAPOLIS, MN 28,21228.2k $1.5m $1.5m 0.16% Added +4.5k +4,464
90 Towneley Capital Management, Inc / DE 0.30% of their portfolio LAGUNA HILLS, CA 27,15527.2k $1.4m $1.4m 0.30% New
91 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 27,05127.1k $1.4m $1.4m 0.00% First filing
92 RITHOLTZ WEALTH MANAGEMENT 0.02% of their portfolio NEW YORK, NY 26,33626.3k $1.4m $1.4m 0.02% New
93 Point Nemo Capital, LLC 0.91% of their portfolio DRIPPING SPRINGS, TX 26,18226.2k $1.4m $1.4m 0.91% Added +6.9k +6,861
94 Quantbot Technologies LP 0.06% of their portfolio NEW YORK, NY 26,00326.0k $1.4m $1.4m 0.06% Added +22.3k +22,327
95 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 25,87525.9k $1.4m $1.4m 0.00% Added +879 +879
96 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 24,55124.6k $1.3m $1.3m 0.00% Added +599 +599
97 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 24,45924.5k $1.3m $1.3m 0.00% Reduced -667 -667
98 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 23,09223.1k $1.2m $1.2m 0.00% Reduced -22 -22
99 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 22,87422.9k $1.2m $1.2m 0.01% Reduced -167 -167
100 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 22,01422.0k $1.2m $1.2m 0.00% Added +3.9k +3,941