Citizens & Northern Corp
CZNC
65 hedge funds and large institutions have $73M invested in Citizens & Northern Corp in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
3% more funds holding
Funds holding: 63 → 65 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $76.2M → $73M (-$3.18M)
13% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.42M |
| 2 |
Neuberger Berman Group
New York
|
+$563K |
| 3 |
MCM
Maltese Capital Management
New York
|
+$298K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$288K |
| 5 |
TA
Teton Advisors
Rye,
New York
|
+$250K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.21M |
| 2 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$982K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$256K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$242K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$242K |
CZNC Hedge Fund Activity: Q1 2014 in Review
65 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Citizens & Northern Corp (CZNC) for Q1 2014, worth a combined $73M — down 4.2% from $76.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CZNC positions and 3 closed out — a net gain of 2 holders — while 21 added to existing stakes and 24 trimmed.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $1.42M. The largest seller was Wellington Management Group, cutting an estimated $1.21M.
- 65 institutional investors held Citizens & Northern Corp (CZNC) as of Q1 2014, up from 63 in Q4 2013.
- Funds reported $73M of Citizens & Northern Corp stock for Q1 2014, down 4.2% quarter-over-quarter.
- 5 funds opened new Citizens & Northern Corp positions in Q1 2014 and 3 closed out, a net change of +2 holders.
- The largest Citizens & Northern Corp buyer in Q1 2014 was Kennedy Capital Management, an estimated $1.42M added.
- The largest Citizens & Northern Corp seller in Q1 2014 was Wellington Management Group, an estimated $1.21M sold.
Based on aggregated 13F filings for Q1 2014.