Eastern Bankshares
213 hedge funds and large institutions have $1.65B invested in Eastern Bankshares in 2022 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 73 increasing their positions, 79 reducing their positions, and 23 closing their positions.
504% more call options, than puts
Call options by funds: $4.68M | Put options by funds: $775K
0.13% more ownership
Funds ownership: 55.18% → 55.31% (+0.13%)
8% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 79
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
3% less funds holding
Funds holding: 219 → 213 (-6)
15% less capital invested
Capital invested by funds: $1.93B → $1.65B (-$285M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$21.2M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$8.89M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.3M |
| 4 |
BlackRock
New York
|
+$6.83M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$6.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$28.3M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$26.5M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$10.2M |
| 4 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$5.75M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$4.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
226
Cantor Fitzgerald
New York
| – | -$304K | -15,474 | Closed |
|
|
NC
227
NinePointTwo Capital
Los Angeles,
California
| – | -$269K | -13,747 | Closed |
|
|
SCP
228
Shorepoint Capital Partners
Norwood,
Massachusetts
| – | -$206K | -10,500 | Closed |
|
229
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$206K | -10,478 | Closed |
|
|
PHK
230
Point72 Hong Kong
Hong Kong
| – | -$186K | -9,484 | Closed |
|
|
SCM
231
Silvant Capital Management
Atlanta,
Georgia
| – | -$102K | -5,183 | Closed |
|
|
QT
232
Quantbot Technologies
New York
| – | -$99K | -5,043 | Closed |
|
|
AF
233
Allworth Financial
Folsom,
California
| – | -$18K | -917 | Closed |
|
234
Bessemer Group
Woodbridge,
New Jersey
| – | -$4K | -183 | Closed |
|
235
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -26 | Closed |
|
|
SFG
236
Steward Financial Group
Colleyville,
Texas
| – | +$574 | +30 | New |
|
EBC Hedge Fund Activity: Q4 2022 in Review
213 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Eastern Bankshares (EBC) for Q4 2022, worth a combined $1.65B — down 15% from $1.93B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of EBC and 21 opened new positions — a net loss of 2 holders — while 79 trimmed existing stakes and 73 added.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $21.2M. The largest seller was Millennium Management, cutting an estimated $28.3M.
- 213 institutional investors held Eastern Bankshares (EBC) as of Q4 2022, down from 219 in Q3 2022.
- Funds reported $1.65B of Eastern Bankshares stock for Q4 2022, down 15% quarter-over-quarter.
- 21 funds opened new Eastern Bankshares positions in Q4 2022 and 23 closed out, a net change of -2 holders.
- The largest Eastern Bankshares buyer in Q4 2022 was T. Rowe Price Investment Management, an estimated $21.2M added.
- The largest Eastern Bankshares seller in Q4 2022 was Millennium Management, an estimated $28.3M sold.
Based on aggregated 13F filings for Q4 2022.