Citizens & Northern Corp
CZNC
52 hedge funds and large institutions have $81.6M invested in Citizens & Northern Corp in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 9 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 16
1% more capital invested
Capital invested by funds: $80.7M → $81.6M (+$904K)
0.8% less ownership
Funds ownership: 29.45% → 28.65% (-0.8%)
9% less funds holding
Funds holding: 57 → 52 (-5)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$756K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$357K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$337K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$273K |
| 5 |
State Street
Boston,
Massachusetts
|
+$170K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pennsylvania Capital Management
Huntingdon Valley,
Pennsylvania
|
-$2.25M |
| 2 |
Renaissance Technologies
New York
|
-$425K |
| 3 |
Neuberger Berman Group
New York
|
-$332K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$234K |
| 5 |
PD
Planning Directions
Glen Mills,
Pennsylvania
|
-$217K |
CZNC Hedge Fund Activity: Q2 2020 in Review
52 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Citizens & Northern Corp (CZNC) for Q2 2020, worth a combined $81.6M — up 1.1% from $80.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CZNC and 4 opened new positions — a net loss of 5 holders — while 16 trimmed existing stakes and 22 added.
The largest buyer was BlackRock, adding an estimated $756K. The largest seller was Pennsylvania Capital Management, exiting entirely with an estimated $2.25M sold.
- 52 institutional investors held Citizens & Northern Corp (CZNC) as of Q2 2020, down from 57 in Q1 2020.
- Funds reported $81.6M of Citizens & Northern Corp stock for Q2 2020, up 1.1% quarter-over-quarter.
- 4 funds opened new Citizens & Northern Corp positions in Q2 2020 and 9 closed out, a net change of -5 holders.
- The largest Citizens & Northern Corp buyer in Q2 2020 was BlackRock, an estimated $756K added.
- The largest Citizens & Northern Corp seller in Q2 2020 was Pennsylvania Capital Management, an estimated $2.25M sold.
Based on aggregated 13F filings for Q2 2020.