Center Bancorp
CNOB
157 hedge funds and large institutions have $676M invested in Center Bancorp in 2024 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 48 increasing their positions, 50 reducing their positions, and 11 closing their positions.
200% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 11
125% more call options, than puts
Call options by funds: $45K | Put options by funds: $20K
36% more capital invested
Capital invested by funds: $497M → $676M (+$178M)
16% more funds holding
Funds holding: 135 → 157 (+22)
1.58% more ownership
Funds ownership: 68.7% → 70.27% (+1.6%)
4% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$13M |
| 2 |
BlackRock
New York
|
+$9.29M |
| 3 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$5.95M |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$5.79M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.06M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$5.84M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$4.24M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$3.67M |
| 5 |
JP Morgan Chase
New York
|
-$3.03M |
CNOB Hedge Fund Activity: Q3 2024 in Review
157 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Center Bancorp (CNOB) for Q3 2024, worth a combined $676M — up 36% from $497M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CNOB positions and 11 closed out — a net gain of 22 holders — while 48 added to existing stakes and 50 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $13M. The largest seller was Fidelity Investments, cutting an estimated $9.06M.
- 157 institutional investors held Center Bancorp (CNOB) as of Q3 2024, up from 135 in Q2 2024.
- Funds reported $676M of Center Bancorp stock for Q3 2024, up 36% quarter-over-quarter.
- 33 funds opened new Center Bancorp positions in Q3 2024 and 11 closed out, a net change of +22 holders.
- The largest Center Bancorp buyer in Q3 2024 was Wellington Management Group, an estimated $13M added.
- The largest Center Bancorp seller in Q3 2024 was Fidelity Investments, an estimated $9.06M sold.
Based on aggregated 13F filings for Q3 2024.