Center Bancorp
CNOB
92 hedge funds and large institutions have $295M invested in Center Bancorp in 2014 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 40 increasing their positions, 27 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
48% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 27
6% more funds holding
Funds holding: 87 → 92 (+5)
3% more capital invested
Capital invested by funds: $287M → $295M (+$8.04M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
Top Sellers
| 1 |
LBS
Lawrence B. Seidman
|
-$20.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.09M |
| 3 |
CC
Consector Capital
New York
|
-$4.48M |
| 4 |
CEI
Clark Estates Inc
New York
|
-$2.06M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.23M |
CNOB Hedge Fund Activity: Q4 2014 in Review
92 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Center Bancorp (CNOB) for Q4 2014, worth a combined $295M — up 2.8% from $287M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CNOB positions and 8 closed out — a net gain of 5 holders — while 40 added to existing stakes and 27 trimmed.
The largest buyer was Endeavour Capital Advisors, opening a new position worth an estimated $10.3M. The largest seller was Lawrence B. Seidman, cutting an estimated $20.7M.
- 92 institutional investors held Center Bancorp (CNOB) as of Q4 2014, up from 87 in Q3 2014.
- Funds reported $295M of Center Bancorp stock for Q4 2014, up 2.8% quarter-over-quarter.
- 13 funds opened new Center Bancorp positions in Q4 2014 and 8 closed out, a net change of +5 holders.
- The largest Center Bancorp buyer in Q4 2014 was Endeavour Capital Advisors, an estimated $10.3M added.
- The largest Center Bancorp seller in Q4 2014 was Lawrence B. Seidman, an estimated $20.7M sold.
Based on aggregated 13F filings for Q4 2014.