Citizens & Northern Corp
CZNC
54 hedge funds and large institutions have $66.8M invested in Citizens & Northern Corp in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 20 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
4% more funds holding
Funds holding: 52 → 54 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 20
2.61% less ownership
Funds ownership: 28.65% → 26.03% (-2.6%)
18% less capital invested
Capital invested by funds: $81.6M → $66.8M (-$14.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pennsylvania Capital Management
Huntingdon Valley,
Pennsylvania
|
+$2.28M |
| 2 |
MCM
Maltese Capital Management
New York
|
+$1.71M |
| 3 |
Millennium Management
New York
|
+$396K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$217K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$208K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCC
Park Circle Company
Baltimore,
Maryland
|
-$826K |
| 2 |
Renaissance Technologies
New York
|
-$377K |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$210K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$196K |
| 5 |
Neuberger Berman Group
New York
|
-$168K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $10K | -$20.5K | -1,165 | -64% |
|
52
Bank of Montreal
Toronto,
Ontario, Canada
| $10K | -$7.67K | -435 | -41% |
|
53
Canada Life
Winnipeg,
Manitoba, Canada
| $1K | -$4.41K | -250 | -79% |
|
|
54
Millennium Management
New York
| $365 | +$396K | +22,451 | New |
|
|
PCC
55
Park Circle Company
Baltimore,
Maryland
| – | -$826K | -40,000 | Closed |
|
|
56
Acadian Asset Management
Boston,
Massachusetts
| – | -$196K | -9,502 | Closed |
|
57
SG Americas Securities
New York
| – | -$149K | -7,229 | Closed |
|
|
CAN
58
Cetera Advisor Networks
El Segundo,
California
| – | -$12K | -600 | Closed |
|
CZNC Hedge Fund Activity: Q3 2020 in Review
54 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Citizens & Northern Corp (CZNC) for Q3 2020, worth a combined $66.8M — down 18% from $81.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CZNC positions and 4 closed out — a net gain of 2 holders — while 20 added to existing stakes and 20 trimmed.
The largest buyer was Pennsylvania Capital Management, opening a new position worth an estimated $2.28M. The largest seller was Park Circle Company, exiting entirely with an estimated $826K sold.
- 54 institutional investors held Citizens & Northern Corp (CZNC) as of Q3 2020, up from 52 in Q2 2020.
- Funds reported $66.8M of Citizens & Northern Corp stock for Q3 2020, down 18% quarter-over-quarter.
- 6 funds opened new Citizens & Northern Corp positions in Q3 2020 and 4 closed out, a net change of +2 holders.
- The largest Citizens & Northern Corp buyer in Q3 2020 was Pennsylvania Capital Management, an estimated $2.28M added.
- The largest Citizens & Northern Corp seller in Q3 2020 was Park Circle Company, an estimated $826K sold.
Based on aggregated 13F filings for Q3 2020.