Center Bancorp
CNOB
124 hedge funds and large institutions have $550M invested in Center Bancorp in 2017 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 48 increasing their positions, 38 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
26% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 38
6% more funds holding
Funds holding: 117 → 124 (+7)
2% more capital invested
Capital invested by funds: $540M → $550M (+$10.2M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.83% less ownership
Funds ownership: 68.54% → 66.72% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.59M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.36M |
| 3 |
BlackRock
New York
|
+$3.33M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$2.44M |
| 5 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHC
Hutchin Hill Capital
New York
|
-$7.34M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$6.96M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.68M |
| 4 |
CP
Clover Partners
Dallas,
Texas
|
-$6.09M |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$5.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Russell Investments Group
London,
United Kingdom
| – | -$827K | -33,614 | Closed |
|
|
MWNA
127
Marshall Wace North America
New York
| – | -$598K | -23,904 | Closed |
|
|
NFA
128
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$533K | -21,680 | Closed |
|
129
Two Sigma Advisers
New York
| – | -$317K | -12,895 | Closed |
|
130
SG Americas Securities
New York
| – | -$112K | -4,543 | Closed |
|
CNOB Hedge Fund Activity: Q4 2017 in Review
124 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Center Bancorp (CNOB) for Q4 2017, worth a combined $550M — up 1.9% from $540M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new CNOB positions and 7 closed out — a net gain of 7 holders — while 48 added to existing stakes and 38 trimmed.
The largest buyer was Ameriprise, opening a new position worth an estimated $3.59M. The largest seller was Hutchin Hill Capital, cutting an estimated $7.34M.
- 124 institutional investors held Center Bancorp (CNOB) as of Q4 2017, up from 117 in Q3 2017.
- Funds reported $550M of Center Bancorp stock for Q4 2017, up 1.9% quarter-over-quarter.
- 14 funds opened new Center Bancorp positions in Q4 2017 and 7 closed out, a net change of +7 holders.
- The largest Center Bancorp buyer in Q4 2017 was Ameriprise, an estimated $3.59M added.
- The largest Center Bancorp seller in Q4 2017 was Hutchin Hill Capital, an estimated $7.34M sold.
Based on aggregated 13F filings for Q4 2017.