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Center Bancorp
CNOB

136 hedge funds and large institutions have $521M invested in Center Bancorp in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 51 increasing their positions, 44 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 44

1.87% more ownership

Funds ownership: 67.76% → 69.63% (+1.9%)

4% less funds holding

Funds holding: 142 → 136 (-6)

13% less capital invested

Capital invested by funds: $599M → $521M (-$78.1M)

28% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 18

Holders
136
Holders Change
-6
Holders Change %
-4.23%
% of All Funds
1.96%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
13
Increased
51
Reduced
44
Closed
18
Calls
$23K
Puts
–
Net Calls
+$23K
Net Calls Change
+$4K

Top Buyers

Rank Fund Capital Flow
1
KCM
Kennedy Capital Management
Missouri
+$12.4M
2
BlackRock
BlackRock
New York
+$5.3M
3
Franklin Resources
Franklin Resources
California
+$3.57M
4
State Street
State Street
Massachusetts
+$1.99M
5
American Century Companies
American Century Companies
Missouri
+$1.86M

Top Sellers

Rank Fund Capital Flow
1
KOCAA
Knights of Columbus Asset Advisors
Connecticut
-$5.64M
2
Morgan Stanley
Morgan Stanley
New York
-$5.25M
3
BFC
Banc Funds Company
Illinois
-$2.59M
4
HAI
Hennessy Advisors Inc
California
-$1.57M
5
Deutsche Bank
Deutsche Bank
Germany
-$1.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
MCM
126
MV Capital Management
Maryland
$6.83K – – –
SIC
127
Salem Investment Counselors
North Carolina
$6.3K – – –
PP
128
PFS Partners
New Jersey
$5.91K – – –
CFGS
129
Concourse Financial Group Securities
Alabama
$3.35K +$210 +10 +6%
CIBC Private Wealth Group
130
CIBC Private Wealth Group
Georgia
$3.22K +$3.55K +169 New
HNB
131
Huntington National Bank
Ohio
$1.91K +$21 +1 +1%
Nisa Investment Advisors
132
Nisa Investment Advisors
Missouri
$1.23K – – –
C
133
Covestor
United Kingdom
$1K -$735 -35 -45%
AWM
134
Avior Wealth Management
Nebraska
$156 +$168 +8 New
RIL
135
Rothschild Investment LLC
Illinois
$98 +$105 +5 New
KOCAA
136
Knights of Columbus Asset Advisors
Connecticut
– -$5.64M -246,232 Closed
WMSA
137
Weiss Multi-Strategy Advisers
New York
– -$1.47M -64,230 Closed
Jane Street
138
Jane Street
New York
– -$925K -40,361 Closed
State of Wisconsin Investment Board
139
State of Wisconsin Investment Board
Wisconsin
– -$704K -30,708 Closed
Millennium Management
140
Millennium Management
New York
– -$423K -18,464 Closed
MFIM
141
Mesirow Financial Investment Management
Illinois
– -$343K -14,645 Closed
AIM
142
Access Investment Management
Georgia
– -$327K -14,255 Closed
Thrivent Financial for Lutherans
143
Thrivent Financial for Lutherans
Minnesota
– -$288K -12,591 Closed
State Board of Administration of Florida Retirement System
144
State Board of Administration of Florida Retirement System
Florida
– -$242K -10,582 Closed
HF
145
HRT Financial
New York
– -$234K -10,236 Closed
ECM
146
Evergreen Capital Management
Washington
– -$211K -9,209 Closed
C
147
Certuity
Florida
– -$209K -9,129 Closed
BMCM
148
Bryn Mawr Capital Management
Pennsylvania
– -$207K -9,033 Closed
A
149
AlphaQuest
New York
– -$165K -7,197 Closed
SIS
150
Sound Income Strategies
Florida
– -$53.5K -2,335 Closed
3 4 5
6
7

CNOB Hedge Fund Activity: Q1 2024 in Review

136 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Center Bancorp (CNOB) for Q1 2024, worth a combined $521M — down 13% from $599M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of CNOB and 13 opened new positions — a net loss of 5 holders — while 44 trimmed existing stakes and 51 added.

The largest buyer was Kennedy Capital Management, adding an estimated $12.4M. The largest seller was Knights of Columbus Asset Advisors, exiting entirely with an estimated $5.64M sold.

  • 136 institutional investors held Center Bancorp (CNOB) as of Q1 2024, down from 142 in Q4 2023.
  • Funds reported $521M of Center Bancorp stock for Q1 2024, down 13% quarter-over-quarter.
  • 13 funds opened new Center Bancorp positions in Q1 2024 and 18 closed out, a net change of -5 holders.
  • The largest Center Bancorp buyer in Q1 2024 was Kennedy Capital Management, an estimated $12.4M added.
  • The largest Center Bancorp seller in Q1 2024 was Knights of Columbus Asset Advisors, an estimated $5.64M sold.

Based on aggregated 13F filings for Q1 2024.