Center Bancorp
CNOB
157 hedge funds and large institutions have $649M invested in Center Bancorp in 2022 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 53 increasing their positions, 53 reducing their positions, and 17 closing their positions.
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
0% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 53
0.72% less ownership
Funds ownership: 67.89% → 67.16% (-0.72%)
1% less funds holding
Funds holding: 159 → 157 (-2)
25% less capital invested
Capital invested by funds: $861M → $649M (-$212M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$13M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$7.9M |
| 3 |
Millennium Management
New York
|
+$6.83M |
| 4 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$3.51M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$15.1M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$12.5M |
| 3 |
EC
EJF Capital
Arlington,
Virginia
|
-$6.23M |
| 4 |
LCG
Lisanti Capital Growth
New York
|
-$5.46M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$5.19M |
CNOB Hedge Fund Activity: Q2 2022 in Review
157 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Center Bancorp (CNOB) for Q2 2022, worth a combined $649M — down 25% from $861M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CNOB positions and 17 closed out — a net gain of 5 holders — while 53 added to existing stakes and 53 trimmed.
The largest buyer was Bank of America, adding an estimated $13M. The largest seller was William Blair Investment Management, cutting an estimated $15.1M.
- 157 institutional investors held Center Bancorp (CNOB) as of Q2 2022, down from 159 in Q1 2022.
- Funds reported $649M of Center Bancorp stock for Q2 2022, down 25% quarter-over-quarter.
- 22 funds opened new Center Bancorp positions in Q2 2022 and 17 closed out, a net change of +5 holders.
- The largest Center Bancorp buyer in Q2 2022 was Bank of America, an estimated $13M added.
- The largest Center Bancorp seller in Q2 2022 was William Blair Investment Management, an estimated $15.1M sold.
Based on aggregated 13F filings for Q2 2022.