CONNECTONE BANCORP INC
CNOB
CNOB was delisted on the 30th of June, 2014.
53 hedge funds and large institutions have $91.5M invested in CONNECTONE BANCORP INC in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
22% more capital invested
Capital invested by funds: $74.7M → $91.5M (+$16.8M)
15% more funds holding
Funds holding: 46 → 53 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$2.13M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.03M |
| 3 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$987K |
| 4 |
Renaissance Technologies
New York
|
+$477K |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$431K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$1.5M |
| 3 |
MCM
Maltese Capital Management
New York
|
-$1.47M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$860K |
| 5 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$226K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $2.69K | +$1.77K | +39 | +0.1% |
|
52
Envestnet Asset Management
Chicago,
Illinois
| $1K | – | – | – |
|
53
BNP Paribas Financial Markets
Paris,
France
| $336 | +$317 | +7 | New |
|
|
54
Alyeska Investment Group
Chicago,
Illinois
| – | -$2M | -50,605 | Closed |
|
|
MCM
55
Maltese Capital Management
New York
| – | -$1.47M | -37,100 | Closed |
|
CNOB Hedge Fund Activity: Q1 2014 in Review
53 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in CONNECTONE BANCORP INC (CNOB) for Q1 2014, worth a combined $91.5M — up 22% from $74.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CNOB positions and 2 closed out — a net gain of 7 holders — while 12 added to existing stakes and 16 trimmed.
The largest buyer was Endeavour Capital Advisors, adding an estimated $2.13M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $2M sold.
- 53 institutional investors held CONNECTONE BANCORP INC (CNOB) as of Q1 2014, up from 46 in Q4 2013.
- Funds reported $91.5M of CONNECTONE BANCORP INC stock for Q1 2014, up 22% quarter-over-quarter.
- 9 funds opened new CONNECTONE BANCORP INC positions in Q1 2014 and 2 closed out, a net change of +7 holders.
- The largest CONNECTONE BANCORP INC buyer in Q1 2014 was Endeavour Capital Advisors, an estimated $2.13M added.
- The largest CONNECTONE BANCORP INC seller in Q1 2014 was Alyeska Investment Group, an estimated $2M sold.
Based on aggregated 13F filings for Q1 2014.