Center Bancorp
CNOB
141 hedge funds and large institutions have $794M invested in Center Bancorp in 2021 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 49 increasing their positions, 52 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
17% more capital invested
Capital invested by funds: $680M → $794M (+$114M)
3% more funds holding
Funds holding: 137 → 141 (+4)
1.11% more ownership
Funds ownership: 65.38% → 66.48% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$52.6M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$15.7M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$7.78M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$5.92M |
| 5 |
LCG
Lisanti Capital Growth
New York
|
+$5.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$8.39M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$3.64M |
| 3 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$3.24M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.06M |
| 5 |
Goldman Sachs
New York
|
-$2.78M |
CNOB Hedge Fund Activity: Q3 2021 in Review
141 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Center Bancorp (CNOB) for Q3 2021, worth a combined $794M — up 17% from $680M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CNOB positions and 11 closed out — a net gain of 5 holders — while 49 added to existing stakes and 52 trimmed.
The largest buyer was William Blair Investment Management, adding an estimated $52.6M. The largest seller was Endeavour Capital Advisors, cutting an estimated $8.39M.
- 141 institutional investors held Center Bancorp (CNOB) as of Q3 2021, up from 137 in Q2 2021.
- Funds reported $794M of Center Bancorp stock for Q3 2021, up 17% quarter-over-quarter.
- 16 funds opened new Center Bancorp positions in Q3 2021 and 11 closed out, a net change of +5 holders.
- The largest Center Bancorp buyer in Q3 2021 was William Blair Investment Management, an estimated $52.6M added.
- The largest Center Bancorp seller in Q3 2021 was Endeavour Capital Advisors, an estimated $8.39M sold.
Based on aggregated 13F filings for Q3 2021.