Camden National
CAC
72 hedge funds and large institutions have $134M invested in Camden National in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 26 reducing their positions, and 7 closing their positions.
3% more capital invested
Capital invested by funds: $130M → $134M (+$4.42M)
3% less funds holding
Funds holding: 74 → 72 (-2)
27% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 26
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$8.01M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$726K |
| 3 |
MCM
Maltese Capital Management
New York
|
+$494K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$401K |
| 5 |
Renaissance Technologies
New York
|
+$214K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.17M |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$1.64M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$1.07M |
| 4 |
Goldman Sachs
New York
|
-$643K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$557K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DM
76
Delphi Management
Brookline,
Massachusetts
| – | -$225K | -8,273 | Closed |
|
|
MAM
77
Martingale Asset Management
Boston,
Massachusetts
| – | -$215K | -7,877 | Closed |
|
|
RFC
78
Russell Frank Company
Seattle,
Washington
| – | -$118K | -4,314 | Closed |
|
79
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$7K | -263 | Closed |
|
CAC Hedge Fund Activity: Q4 2013 in Review
72 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Camden National (CAC) for Q4 2013, worth a combined $134M — up 3.4% from $130M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CAC and 5 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 19 added.
The largest buyer was Royce & Associates, adding an estimated $8.01M. The largest seller was Wellington Management Group, exiting entirely with an estimated $4.17M sold.
- 72 institutional investors held Camden National (CAC) as of Q4 2013, down from 74 in Q3 2013.
- Funds reported $134M of Camden National stock for Q4 2013, up 3.4% quarter-over-quarter.
- 5 funds opened new Camden National positions in Q4 2013 and 7 closed out, a net change of -2 holders.
- The largest Camden National buyer in Q4 2013 was Royce & Associates, an estimated $8.01M added.
- The largest Camden National seller in Q4 2013 was Wellington Management Group, an estimated $4.17M sold.
Based on aggregated 13F filings for Q4 2013.