Center Bancorp
CNOB
155 hedge funds and large institutions have $585M invested in Center Bancorp in 2022 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 49 increasing their positions, 62 reducing their positions, and 14 closing their positions.
4% less capital invested
Capital invested by funds: $612M → $585M (-$26.4M)
4% less funds holding
Funds holding: 162 → 155 (-7)
6.32% less ownership
Funds ownership: 67.58% → 61.26% (-6.3%)
21% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 62
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
95% less call options, than puts
Call options by funds: $2K | Put options by funds: $39K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$10.3M |
| 2 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$4.28M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$3.28M |
| 4 |
BlackRock
New York
|
+$2.19M |
| 5 |
Millennium Management
New York
|
+$1.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$5.13M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$4.25M |
| 3 |
Goldman Sachs
New York
|
-$2.63M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.31M |
| 5 |
PCM
Prelude Capital Management
New York
|
-$1.44M |
CNOB Hedge Fund Activity: Q4 2022 in Review
155 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Center Bancorp (CNOB) for Q4 2022, worth a combined $585M — down 4.3% from $612M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CNOB and 10 opened new positions — a net loss of 4 holders — while 62 trimmed existing stakes and 49 added.
The largest buyer was JP Morgan Chase, adding an estimated $10.3M. The largest seller was Elizabeth Park Capital Advisors, exiting entirely with an estimated $5.13M sold.
- 155 institutional investors held Center Bancorp (CNOB) as of Q4 2022, down from 162 in Q3 2022.
- Funds reported $585M of Center Bancorp stock for Q4 2022, down 4.3% quarter-over-quarter.
- 10 funds opened new Center Bancorp positions in Q4 2022 and 14 closed out, a net change of -4 holders.
- The largest Center Bancorp buyer in Q4 2022 was JP Morgan Chase, an estimated $10.3M added.
- The largest Center Bancorp seller in Q4 2022 was Elizabeth Park Capital Advisors, an estimated $5.13M sold.
Based on aggregated 13F filings for Q4 2022.