CONNECTONE BANCORP INC
CNOB
CNOB was delisted on the 30th of June, 2014.
46 hedge funds and large institutions have $74.7M invested in CONNECTONE BANCORP INC in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
19% more capital invested
Capital invested by funds: $62.7M → $74.7M (+$12.1M)
7% more funds holding
Funds holding: 43 → 46 (+3)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$4.51M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$3.28M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$684K |
| 4 |
JP Morgan Chase
New York
|
+$552K |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$413K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$6.75M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$939K |
| 3 |
SCM
Silver Capital Management
New York
|
-$899K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$859K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$451K |
CNOB Hedge Fund Activity: Q4 2013 in Review
46 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in CONNECTONE BANCORP INC (CNOB) for Q4 2013, worth a combined $74.7M — up 19% from $62.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CNOB positions and 5 closed out — a net gain of 3 holders — while 13 added to existing stakes and 15 trimmed.
The largest buyer was EJF Capital, adding an estimated $4.51M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $6.75M sold.
- 46 institutional investors held CONNECTONE BANCORP INC (CNOB) as of Q4 2013, up from 43 in Q3 2013.
- Funds reported $74.7M of CONNECTONE BANCORP INC stock for Q4 2013, up 19% quarter-over-quarter.
- 8 funds opened new CONNECTONE BANCORP INC positions in Q4 2013 and 5 closed out, a net change of +3 holders.
- The largest CONNECTONE BANCORP INC buyer in Q4 2013 was EJF Capital, an estimated $4.51M added.
- The largest CONNECTONE BANCORP INC seller in Q4 2013 was Basswood Capital Management, an estimated $6.75M sold.
Based on aggregated 13F filings for Q4 2013.