Center Bancorp
CNOB
156 hedge funds and large institutions have $868M invested in Center Bancorp in 2021 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 46 increasing their positions, 48 reducing their positions, and 9 closing their positions.
167% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 9
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more funds holding
Funds holding: 141 → 156 (+15)
9% more capital invested
Capital invested by funds: $794M → $868M (+$73.5M)
1.2% more ownership
Funds ownership: 66.48% → 67.68% (+1.2%)
4% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$8.4M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.44M |
| 3 |
JP Morgan Chase
New York
|
+$4.38M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$4.16M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$10.4M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$7.63M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$4.97M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.32M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$2.92M |
CNOB Hedge Fund Activity: Q4 2021 in Review
156 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Center Bancorp (CNOB) for Q4 2021, worth a combined $868M — up 9.3% from $794M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CNOB positions and 9 closed out — a net gain of 15 holders — while 46 added to existing stakes and 48 trimmed.
The largest buyer was Millennium Management, adding an estimated $8.4M. The largest seller was Bank of Montreal, exiting entirely with an estimated $10.4M sold.
- 156 institutional investors held Center Bancorp (CNOB) as of Q4 2021, up from 141 in Q3 2021.
- Funds reported $868M of Center Bancorp stock for Q4 2021, up 9.3% quarter-over-quarter.
- 24 funds opened new Center Bancorp positions in Q4 2021 and 9 closed out, a net change of +15 holders.
- The largest Center Bancorp buyer in Q4 2021 was Millennium Management, an estimated $8.4M added.
- The largest Center Bancorp seller in Q4 2021 was Bank of Montreal, an estimated $10.4M sold.
Based on aggregated 13F filings for Q4 2021.