Center Bancorp
CNOB
142 hedge funds and large institutions have $599M invested in Center Bancorp in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 51 increasing their positions, 49 reducing their positions, and 13 closing their positions.
173% more call options, than puts
Call options by funds: $30K | Put options by funds: $11K
32% more capital invested
Capital invested by funds: $455M → $599M (+$144M)
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
2% more funds holding
Funds holding: 139 → 142 (+3)
2.12% more ownership
Funds ownership: 65.64% → 67.76% (+2.1%)
4% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.64M |
| 2 |
Morgan Stanley
New York
|
+$5.18M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$3.68M |
| 4 |
KOCAA
Knights of Columbus Asset Advisors
New Haven,
Connecticut
|
+$2.57M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.4M |
| 2 |
Renaissance Technologies
New York
|
-$2.01M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.46M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.26M |
| 5 |
Goldman Sachs
New York
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Allspring Global Investments
Charlotte,
North Carolina
| – | -$16.2K | -906 | Closed |
|
|
GCM
152
Gladius Capital Management
Chicago,
Illinois
| – | -$4.12K | -231 | Closed |
|
|
SC
153
SouthState Corp
Winter Haven,
Florida
| – | -$3.57K | -200 | Closed |
|
|
BAAM
154
Baker Avenue Asset Management
San Francisco,
California
| – | -$1.62K | -91 | Closed |
|
|
BTI
155
Blue Trust Inc
Alpharetta,
Georgia
| – | +$366 | +19 | New |
|
CNOB Hedge Fund Activity: Q4 2023 in Review
142 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Center Bancorp (CNOB) for Q4 2023, worth a combined $599M — up 32% from $455M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CNOB positions and 13 closed out — a net gain of 4 holders — while 51 added to existing stakes and 49 trimmed.
The largest buyer was BlackRock, adding an estimated $5.64M. The largest seller was Fidelity Investments, cutting an estimated $2.4M.
- 142 institutional investors held Center Bancorp (CNOB) as of Q4 2023, up from 139 in Q3 2023.
- Funds reported $599M of Center Bancorp stock for Q4 2023, up 32% quarter-over-quarter.
- 17 funds opened new Center Bancorp positions in Q4 2023 and 13 closed out, a net change of +4 holders.
- The largest Center Bancorp buyer in Q4 2023 was BlackRock, an estimated $5.64M added.
- The largest Center Bancorp seller in Q4 2023 was Fidelity Investments, an estimated $2.4M sold.
Based on aggregated 13F filings for Q4 2023.