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Center Bancorp
CNOB

150 hedge funds and large institutions have $465M invested in Center Bancorp in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 66 increasing their positions, 44 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

856% more call options, than puts

Call options by funds: $153K | Put options by funds: $16K

50% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 44

0.74% less ownership

Funds ownership: 67.86% → 67.12% (-0.74%)

4% less funds holding

Funds holding: 156 → 150 (-6)

21% less capital invested

Capital invested by funds: $585M → $465M (-$121M)

21% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 19

Holders
150
Holders Change
-6
Holders Change %
-3.85%
% of All Funds
2.39%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
15
Increased
66
Reduced
44
Closed
19
Calls
$153K
Puts
$16K
Net Calls
+$137K
Net Calls Change
+$174K

Top Buyers

Rank Fund Capital Flow
1
BGIM
Brandywine Global Investment Management
Pennsylvania
+$6.9M
2
Bank of America
Bank of America
North Carolina
+$3.7M
3
Citadel Advisors
Citadel Advisors
Florida
+$3.05M
4
American Century Companies
American Century Companies
Missouri
+$2.8M
5
State Street
State Street
Massachusetts
+$2.55M

Top Sellers

Rank Fund Capital Flow
1
PCM
Peregrine Capital Management
Minnesota
-$10.9M
2
Millennium Management
Millennium Management
New York
-$10.2M
3
EC
EJF Capital
Virginia
-$4.06M
4
PCM
Palouse Capital Management
Washington
-$3.34M
5
N
Nuveen
North Carolina
-$2.85M
Name Holding Trade Value Shares
Change 		Change in
Stake
HSBC Holdings
101
HSBC Holdings
United Kingdom
$269K -$120K -5,287 -26%
AA
102
ALPS Advisors
Colorado
$261K +$48K +2,106 +17%
EGM
103
Engineers Gate Manager
New York
$260K -$385K -16,912 -53%
Squarepoint
104
Squarepoint
New York
$254K +$328K +14,390 New
SG Americas Securities
105
SG Americas Securities
New York
$245K +$106K +4,643 +50%
Creative Planning
106
Creative Planning
Kansas
$233K +$300K +13,182 New
ECM
107
ExodusPoint Capital Management
New York
$225K +$290K +12,726 New
SAM
108
Shell Asset Management
Netherlands
$223K -$1K -44 -0.3%
PFO
109
PMC FIG Opportunities
Israel
$221K +$285K +12,500 New
Jane Street
110
Jane Street
New York
$212K +$274K +12,012 New
FSA
111
Fort Sheridan Advisors
Illinois
$209K – – –
Public Employees Retirement Association of Colorado
112
Public Employees Retirement Association of Colorado
Colorado
$200K – – –
YIH
113
Y-Intercept (HK)
Hong Kong
$194K +$250K +10,965 New
QT
114
Quantbot Technologies
New York
$193K +$135K +5,908 +117%
Royal Bank of Canada
115
Royal Bank of Canada
Ontario, Canada
$193K -$174K -7,633 -41%
AWS
116
Atria Wealth Solutions
New York
$188K +$2.85K +125 +1%
CIP
117
Cornerstone Investment Partners
Georgia
$187K -$1.53K -67 -0.6%
ASRS
118
Arizona State Retirement System
Arizona
$181K +$6.08K +267 +3%
TCA
119
Transcend Capital Advisors
New Jersey
$177K – – –
Zurich Cantonal Bank
120
Zurich Cantonal Bank
Switzerland
$120K – – –
AB
121
Amalgamated Bank
New York
$68K -$20.7K -907 -19%
AIP
122
Ameritas Investment Partners
Nebraska
$50K – – –
Osaic Holdings
123
Osaic Holdings
Arizona
$47.7K +$13K +570 +27%
QCG
124
Quadrant Capital Group
Ohio
$42.5K +$7.54K +331 +16%
BAM
125
Belpointe Asset Management
Nevada
$41.3K – – –
3 4
5
6 7

CNOB Hedge Fund Activity: Q1 2023 in Review

150 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Center Bancorp (CNOB) for Q1 2023, worth a combined $465M — down 21% from $585M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of CNOB and 15 opened new positions — a net loss of 4 holders — while 44 trimmed existing stakes and 66 added.

The largest buyer was Brandywine Global Investment Management, adding an estimated $6.9M. The largest seller was Peregrine Capital Management, exiting entirely with an estimated $10.9M sold.

  • 150 institutional investors held Center Bancorp (CNOB) as of Q1 2023, down from 156 in Q4 2022.
  • Funds reported $465M of Center Bancorp stock for Q1 2023, down 21% quarter-over-quarter.
  • 15 funds opened new Center Bancorp positions in Q1 2023 and 19 closed out, a net change of -4 holders.
  • The largest Center Bancorp buyer in Q1 2023 was Brandywine Global Investment Management, an estimated $6.9M added.
  • The largest Center Bancorp seller in Q1 2023 was Peregrine Capital Management, an estimated $10.9M sold.

Based on aggregated 13F filings for Q1 2023.