Eastern Bankshares
203 hedge funds and large institutions have $1.25B invested in Eastern Bankshares in 2023 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 74 increasing their positions, 62 reducing their positions, and 44 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
38% more call options, than puts
Call options by funds: $2.08M | Put options by funds: $1.51M
19% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 62
1.03% more ownership
Funds ownership: 55.31% → 56.34% (+1%)
5% less funds holding
Funds holding: 213 → 203 (-10)
18% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 44
24% less capital invested
Capital invested by funds: $1.65B → $1.25B (-$397M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$69.5M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$17.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$15.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$14M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$69.2M |
| 2 |
BHIA
Birch Hill Investment Advisors
Boston,
Massachusetts
|
-$19.2M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$16.2M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$13M |
| 5 |
JP Morgan Chase
New York
|
-$11.3M |
EBC Hedge Fund Activity: Q1 2023 in Review
203 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Eastern Bankshares (EBC) for Q1 2023, worth a combined $1.25B — down 24% from $1.65B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of EBC and 36 opened new positions — a net loss of 8 holders — while 62 trimmed existing stakes and 74 added.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $69.5M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $69.2M sold.
- 203 institutional investors held Eastern Bankshares (EBC) as of Q1 2023, down from 213 in Q4 2022.
- Funds reported $1.25B of Eastern Bankshares stock for Q1 2023, down 24% quarter-over-quarter.
- 36 funds opened new Eastern Bankshares positions in Q1 2023 and 44 closed out, a net change of -8 holders.
- The largest Eastern Bankshares buyer in Q1 2023 was T. Rowe Price Investment Management, an estimated $69.5M added.
- The largest Eastern Bankshares seller in Q1 2023 was Capital Research Global Investors, an estimated $69.2M sold.
Based on aggregated 13F filings for Q1 2023.