Birch Run Capital Advisors’s Northeast Bank NBN Stock Holding History

Birch Run Capital Advisors’s Portfolio NBN Stock Details NBN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-109,980	Closed	-$1.16M	–	17
2015 Q4	$1.16M	Hold	109,980	–	–	0.32%	17
2015 Q3	$1.16M	Hold	109,980	–	–	0.32%	18
2015 Q2	$1.09M	Hold	109,980	–	–	0.24%	18
2015 Q1	$1.01M	Hold	109,980	–	–	0.24%	18
2014 Q4	$1.06M	Hold	109,980	–	–	0.26%	19
2014 Q3	$1.02M	Hold	109,980	–	–	0.26%	21
2014 Q2	$1.05M	Buy	109,980 +60,000	+120%	+$575K	0.28%	24
2014 Q1	$468K	Hold	49,980	–	–	0.11%	25
2013 Q4	$479K	Hold	49,980	–	–	0.11%	23
2013 Q3	$500K	Hold	49,980	–	–	0.12%	22
2013 Q2	$483K	Buy	+49,980	New	+$478K	0.13%	22

Other funds holding NBN

Magnolia Group Omaha, Nebraska $476M AUM 7.25% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

MFP

Michael F. Price $846M AUM 0.07% 1-Year Est. Return

SRB Corp Boston, Massachusetts $1.86B AUM 39.81% 1-Year Est. Return

Boston Partners Boston, Massachusetts $113B AUM 38.87% 1-Year Est. Return

SAS

Spectrum Advisory Services Atlanta, Georgia $255M AUM 4.81% 1-Year Est. Return

RFC

Russell Frank Company Seattle, Washington $56.9B AUM 2.13% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $302B AUM 26.44% 1-Year Est. Return

Birch Run Capital Advisors's NBN Position: Q1 2016 in Review

Birch Run Capital Advisors sold out of Northeast Bank (NBN) in Q1 2016, closing a stake of 109,980 shares — an estimated $1.16M sold.

Birch Run Capital Advisors first reported a position in NBN in Q2 2013 and held it in 11 quarters. The position peaked at $1.16M in Q3 2015. 33 funds tracked by Wall St. Rank hold NBN as of Q1 2016.

Birch Run Capital Advisors reported no remaining Northeast Bank position as of Q1 2016 after selling out during the quarter.
Birch Run Capital Advisors sold 109,980 Northeast Bank shares in Q1 2016, an estimated $1.16M.
Birch Run Capital Advisors first reported a position in Northeast Bank in Q2 2013 and held it in 11 quarters.
Birch Run Capital Advisors's Northeast Bank position peaked at $1.16M in Q3 2015.
33 funds tracked by Wall St. Rank held Northeast Bank as of Q1 2016.

Based on Birch Run Capital Advisors's 13F filing for Q1 2016, filed 16 May 2016.