Center Bancorp
CNOB
117 hedge funds and large institutions have $540M invested in Center Bancorp in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 50 increasing their positions, 35 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
43% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 35
9% more capital invested
Capital invested by funds: $493M → $540M (+$46.5M)
4% more funds holding
Funds holding: 113 → 117 (+4)
0.19% more ownership
Funds ownership: 68.35% → 68.54% (+0.19%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$4.29M |
| 2 |
State Street
Boston,
Massachusetts
|
+$3.93M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$3.92M |
| 4 |
HHC
Hutchin Hill Capital
New York
|
+$3.68M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.81M |
Top Sellers
CNOB Hedge Fund Activity: Q3 2017 in Review
117 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Center Bancorp (CNOB) for Q3 2017, worth a combined $540M — up 9.4% from $493M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CNOB positions and 7 closed out — a net gain of 4 holders — while 50 added to existing stakes and 35 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $4.29M. The largest seller was Wellington Management Group, cutting an estimated $18.7M.
- 117 institutional investors held Center Bancorp (CNOB) as of Q3 2017, up from 113 in Q2 2017.
- Funds reported $540M of Center Bancorp stock for Q3 2017, up 9.4% quarter-over-quarter.
- 11 funds opened new Center Bancorp positions in Q3 2017 and 7 closed out, a net change of +4 holders.
- The largest Center Bancorp buyer in Q3 2017 was Curi RMB Capital, an estimated $4.29M added.
- The largest Center Bancorp seller in Q3 2017 was Wellington Management Group, an estimated $18.7M sold.
Based on aggregated 13F filings for Q3 2017.