Smart Money Radar / Tickers / NBTB

NBTB Banks

CROWD: AMBER Institutional ownership is building here (5 rising quarters). Not yet crowded, but the quiet phase is ending.
Active holders
105
of 298 total, index funds excluded
This quarter
+20
16 out
Conviction
1 bps
median holder weight: token bet
Streak
5q
consecutive rising quarters

The crowd, 2016 to now

active holders per quarter
2016Mar 2026
Holdings as of Mar 31, 2026, filed by May 16, 2026. Counts for the newest quarter keep settling for a few weeks as amendments land.

The tide

funds in (up) vs out (down)
Jun 23 Mar 26

Top holders

by reported value · $1.4B held
FundValueNote
BlackRock, Inc. $315M
VANGUARD PORTFOLIO MANAGEME… $148M
STATE STREET CORP $106M
DIMENSIONAL FUND ADVISORS LP $99M
VANGUARD CAPITAL MANAGEMENT… $96M
GEODE CAPITAL MANAGEMENT, L… $57M
SILVERCREST ASSET MANAGEMEN… $29M
NORTHERN TRUST CORP $29M
VICTORY CAPITAL MANAGEMENT … $29M
CHARLES SCHWAB INVESTMENT M… $26M

Tourists vs true believers

every holder a dot · right = bigger bet in their own book, up = patient money
TOURISTS: small bets, fast churn BELIEVERS: real weight, patient books POSITION WEIGHT IN THE HOLDER'S OWN BOOK (LOG) PATIENCE
Hover any dot for the fund and its bet size. Patience is measured from each filer's actual quarter-to-quarter turnover across our whole database.