Center Bancorp
CNOB
135 hedge funds and large institutions have $497M invested in Center Bancorp in 2024 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 49 increasing their positions, 43 reducing their positions, and 19 closing their positions.
63% more call options, than puts
Call options by funds: $13K | Put options by funds: $8K
14% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 43
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
1% less funds holding
Funds holding: 136 → 135 (-1)
0.93% less ownership
Funds ownership: 69.63% → 68.7% (-0.93%)
5% less capital invested
Capital invested by funds: $521M → $497M (-$23.8M)
Top Buyers
| 1 |
BlackRock
New York
|
+$4.22M |
| 2 |
Goldman Sachs
New York
|
+$4.05M |
| 3 |
Millennium Management
New York
|
+$2.58M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.64M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$1.6M |
Top Sellers
| 1 |
JP Morgan Chase
New York
|
-$8.15M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$6.91M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$3.59M |
| 4 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$1.5M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.27M |
CNOB Hedge Fund Activity: Q2 2024 in Review
135 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Center Bancorp (CNOB) for Q2 2024, worth a combined $497M — down 4.6% from $521M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CNOB positions and 19 closed out — a net gain of 1 holder — while 49 added to existing stakes and 43 trimmed.
The largest buyer was BlackRock, adding an estimated $4.22M. The largest seller was JP Morgan Chase, cutting an estimated $8.15M.
- 135 institutional investors held Center Bancorp (CNOB) as of Q2 2024, down from 136 in Q1 2024.
- Funds reported $497M of Center Bancorp stock for Q2 2024, down 4.6% quarter-over-quarter.
- 20 funds opened new Center Bancorp positions in Q2 2024 and 19 closed out, a net change of +1 holder.
- The largest Center Bancorp buyer in Q2 2024 was BlackRock, an estimated $4.22M added.
- The largest Center Bancorp seller in Q2 2024 was JP Morgan Chase, an estimated $8.15M sold.
Based on aggregated 13F filings for Q2 2024.