CONNECTONE BANCORP INC
CNOB
CNOB was delisted on the 30th of June, 2014.
55 hedge funds and large institutions have $109M invested in CONNECTONE BANCORP INC in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
19% more capital invested
Capital invested by funds: $91.5M → $109M (+$17.5M)
18% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 17
4% more funds holding
Funds holding: 53 → 55 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CLG
Cooperman Leon G
|
+$26.4M |
| 2 |
CP
Clover Partners
Dallas,
Texas
|
+$3.46M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.42M |
| 4 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$1.14M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$2.86M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.04M |
| 3 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
-$1.07M |
| 4 |
Renaissance Technologies
New York
|
-$516K |
| 5 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$288K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $2K | -$30.6K | -632 | -95% |
|
52
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | +$1.94K | +40 | New |
|
53
BNP Paribas Financial Markets
Paris,
France
| $1.3K | +$921 | +19 | +271% |
|
54
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1K | -$106K | -2,194 | -99% |
|
55
Envestnet Asset Management
Chicago,
Illinois
| $1K | – | – | – |
|
|
EMFAT
56
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
| – | -$2.86M | -58,341 | Closed |
|
|
GLAM
57
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
| – | -$1.07M | -21,792 | Closed |
|
|
58
Renaissance Technologies
New York
| – | -$516K | -10,537 | Closed |
|
|
TAM
59
Tocqueville Asset Management
New York
| – | -$200K | -4,084 | Closed |
|
|
U
60
UBS
Zurich,
Switzerland
| – | -$51K | -1,050 | Closed |
|
|
PCM
61
Prelude Capital Management
New York
| – | -$34K | -700 | Closed |
|
CNOB Hedge Fund Activity: Q2 2014 in Review
55 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in CONNECTONE BANCORP INC (CNOB) for Q2 2014, worth a combined $109M — up 19% from $91.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CNOB positions and 6 closed out — a net gain of 2 holders — while 20 added to existing stakes and 17 trimmed.
The largest buyer was Cooperman Leon G, opening a new position worth an estimated $26.4M. The largest seller was Emerald Mutual Fund Advisers Trust, exiting entirely with an estimated $2.86M sold.
- 55 institutional investors held CONNECTONE BANCORP INC (CNOB) as of Q2 2014, up from 53 in Q1 2014.
- Funds reported $109M of CONNECTONE BANCORP INC stock for Q2 2014, up 19% quarter-over-quarter.
- 8 funds opened new CONNECTONE BANCORP INC positions in Q2 2014 and 6 closed out, a net change of +2 holders.
- The largest CONNECTONE BANCORP INC buyer in Q2 2014 was Cooperman Leon G, an estimated $26.4M added.
- The largest CONNECTONE BANCORP INC seller in Q2 2014 was Emerald Mutual Fund Advisers Trust, an estimated $2.86M sold.
Based on aggregated 13F filings for Q2 2014.