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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.

New
Increased
Maintained
Reduced
Closed

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: 34 (+1)

24% more funds holding

Funds holding: 194241 (+47)

1.51% less ownership

Funds ownership: 67.57%66.06% (-1.5%)

Holders
241
Holders Change
+47
Holders Change %
+24.23%
% of All Funds
3.46%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
68
Increased
106
Reduced
37
Closed
21
Calls
$4.6M
Puts
$768K
Net Calls
+$3.83M
Net Calls Change
+$2.16M
Name Holding Trade Value Shares
Change
Change in
Stake
SCA
26
Stieven Capital Advisors
Missouri
$13.4M +$5.35M +338,164 +70%
Impax Asset Management Group
27
Impax Asset Management Group
United Kingdom
$13.4M +$1.04M +65,540 +9%
Citadel Advisors
28
Citadel Advisors
Florida
$13.1M +$12.1M +764,786 +2,082%
Morgan Stanley
29
Morgan Stanley
New York
$12.9M +$5.38M +340,087 +76%
PCM
30
Polaris Capital Management
Massachusetts
$12.2M +$8.84M +559,166 +307%
MI
31
M3F Inc
Utah
$11.1M -$3.7M -234,259 -26%
Barclays
32
Barclays
United Kingdom
$10.1M +$7.22M +456,586 +284%
NIMC
33
Nierenberg Investment Management Company
Washington
$10M
N
34
Nuveen
North Carolina
$8.9M +$1.44M +90,916 +20%
American Century Companies
35
American Century Companies
Missouri
$8.67M +$3.77M +238,193 +82%
Invesco
36
Invesco
Georgia
$8.67M +$2.25M +142,536 +37%
VOYA Investment Management
37
VOYA Investment Management
Georgia
$8.19M +$1.81M +114,496 +30%
ECM
38
ExodusPoint Capital Management
New York
$7.36M +$7.1M +449,281 New
FCM
39
FJ Capital Management
Virginia
$7.21M -$24.3M -1,536,155 -78%
NAMM
40
NorthStar Asset Management (Massachusetts)
Massachusetts
$7.12M -$262K -16,569 -4%
Bank of America
41
Bank of America
North Carolina
$6.89M +$1.77M +111,917 +36%
UBS Group
42
UBS Group
Switzerland
$6.5M +$3.29M +208,247 +111%
Swiss National Bank
43
Swiss National Bank
Switzerland
$6.2M +$1.04M +65,764 +21%
RA
44
Raffles Associates
New York
$5.73M -$2.34M -148,202 -30%
EP
45
Edgestream Partners
New Jersey
$5.37M +$4.39M +277,767 +559%
UBS AM
46
UBS AM
Illinois
$5.19M +$164K +10,377 +3%
Man Group
47
Man Group
United Kingdom
$5.16M -$648K -40,995 -12%
Ameriprise
48
Ameriprise
Minnesota
$5.03M -$370K -23,370 -7%
RhumbLine Advisers
49
RhumbLine Advisers
Massachusetts
$4.9M +$652K +41,247 +16%
Millennium Management
50
Millennium Management
New York
$4.86M +$4.69M +296,451 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.