Center Bancorp
CNOB
75 hedge funds and large institutions have $166M invested in Center Bancorp in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
153% more capital invested
Capital invested by funds: $65.6M → $166M (+$100M)
14% more funds holding
Funds holding: 66 → 75 (+9)
11% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 27
Top Buyers
Top Sellers
CNOB Hedge Fund Activity: Q4 2013 in Review
75 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Center Bancorp (CNOB) for Q4 2013, worth a combined $166M — up 153% from $65.6M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CNOB positions and 4 closed out — a net gain of 9 holders — while 24 added to existing stakes and 27 trimmed.
The largest buyer was EAM Investors, opening a new position worth an estimated $1.87M. The largest seller was Jacobs Asset Management, cutting an estimated $2.03M.
- 75 institutional investors held Center Bancorp (CNOB) as of Q4 2013, up from 66 in Q3 2013.
- Funds reported $166M of Center Bancorp stock for Q4 2013, up 153% quarter-over-quarter.
- 13 funds opened new Center Bancorp positions in Q4 2013 and 4 closed out, a net change of +9 holders.
- The largest Center Bancorp buyer in Q4 2013 was EAM Investors, an estimated $1.87M added.
- The largest Center Bancorp seller in Q4 2013 was Jacobs Asset Management, an estimated $2.03M sold.
Based on aggregated 13F filings for Q4 2013.