Center Bancorp
CNOB
139 hedge funds and large institutions have $455M invested in Center Bancorp in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 45 increasing their positions, 53 reducing their positions, and 14 closing their positions.
3% more capital invested
Capital invested by funds: $442M → $455M (+$13.7M)
1% less funds holding
Funds holding: 140 → 139 (-1)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
2.29% less ownership
Funds ownership: 67.93% → 65.64% (-2.3%)
15% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.9M |
| 2 |
RHCA
Rosenthal Henry Capital Advisors
Mishawaka,
Indiana
|
+$1.77M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.19M |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$1.14M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$13.4M |
| 2 |
Millennium Management
New York
|
-$5.6M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.59M |
| 4 |
Goldman Sachs
New York
|
-$2.65M |
| 5 |
JP Morgan Chase
New York
|
-$2.11M |
CNOB Hedge Fund Activity: Q3 2023 in Review
139 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Center Bancorp (CNOB) for Q3 2023, worth a combined $455M — up 3.1% from $442M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CNOB and 13 opened new positions — a net loss of 1 holder — while 53 trimmed existing stakes and 45 added.
The largest buyer was Fidelity Investments, adding an estimated $13.9M. The largest seller was American Century Companies, cutting an estimated $13.4M.
- 139 institutional investors held Center Bancorp (CNOB) as of Q3 2023, down from 140 in Q2 2023.
- Funds reported $455M of Center Bancorp stock for Q3 2023, up 3.1% quarter-over-quarter.
- 13 funds opened new Center Bancorp positions in Q3 2023 and 14 closed out, a net change of -1 holder.
- The largest Center Bancorp buyer in Q3 2023 was Fidelity Investments, an estimated $13.9M added.
- The largest Center Bancorp seller in Q3 2023 was American Century Companies, an estimated $13.4M sold.
Based on aggregated 13F filings for Q3 2023.