Eastern Bankshares
241 hedge funds and large institutions have $2.33B invested in Eastern Bankshares in 2024 Q3 according to their latest regulatory filings, with 68 funds opening new positions, 106 increasing their positions, 37 reducing their positions, and 21 closing their positions.
499% more call options, than puts
Call options by funds: $4.6M | Put options by funds: $768K
224% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 21
186% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 37
40% more capital invested
Capital invested by funds: $1.67B → $2.33B (+$667M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
24% more funds holding
Funds holding: 194 → 241 (+47)
1.51% less ownership
Funds ownership: 67.57% → 66.06% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$77.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$58.3M |
| 3 |
BlackRock
New York
|
+$42.8M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$29M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$23.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$24.3M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$17.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$16.2M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$6.33M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$5.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
N
251
Natixis
Paris,
France
| – | -$772K | -55,200 | Closed |
|
252
Two Sigma Advisers
New York
| – | -$745K | -53,300 | Closed |
|
253
Franklin Resources
San Mateo,
California
| – | -$385K | -27,548 | Closed |
|
|
AG
254
Algert Global
San Francisco,
California
| – | -$223K | -15,985 | Closed |
|
|
GC
255
Guggenheim Capital
Chicago,
Illinois
| – | -$199K | -14,264 | Closed |
|
256
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$149K | -10,629 | Closed |
|
|
GCM
257
Graham Capital Management
Rowayton,
Connecticut
| – | -$145K | -10,379 | Closed |
|
|
IC
258
Innealta Capital
Austin,
Texas
| – | -$85.1K | -6,085 | Closed |
|
|
QC
259
Quent Capital
New York
| – | -$9.32K | -667 | Closed |
|
|
WAM
260
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.4K | -100 | Closed |
|
|
C
261
Covestor
London,
United Kingdom
| – | +$95 | +6 | +67% |
|
|
HWM
262
Hemington Wealth Management
Falls Church,
Virginia
| – | +$727 | +46 | New |
|
EBC Hedge Fund Activity: Q3 2024 in Review
241 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Eastern Bankshares (EBC) for Q3 2024, worth a combined $2.33B — up 40% from $1.67B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new EBC positions and 21 closed out — a net gain of 47 holders — while 106 added to existing stakes and 37 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $77.7M. The largest seller was FJ Capital Management, cutting an estimated $24.3M.
- 241 institutional investors held Eastern Bankshares (EBC) as of Q3 2024, up from 194 in Q2 2024.
- Funds reported $2.33B of Eastern Bankshares stock for Q3 2024, up 40% quarter-over-quarter.
- 68 funds opened new Eastern Bankshares positions in Q3 2024 and 21 closed out, a net change of +47 holders.
- The largest Eastern Bankshares buyer in Q3 2024 was Fidelity Investments, an estimated $77.7M added.
- The largest Eastern Bankshares seller in Q3 2024 was FJ Capital Management, an estimated $24.3M sold.
Based on aggregated 13F filings for Q3 2024.