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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
State of Wisconsin Investment Board
51
State of Wisconsin Investment Board
Wisconsin
$4.62M -$63.7K -4,029 -1%
Citigroup
52
Citigroup
New York
$4.15M +$983K +62,189 +33%
AllianceBernstein
53
AllianceBernstein
Tennessee
$4.05M +$550K +34,790 +16%
BGIM
54
Brandywine Global Investment Management
Pennsylvania
$3.82M +$1.42M +89,701 +66%
HAI
55
Hennessy Advisors Inc
California
$3.69M
RBA
56
Richard Bernstein Advisors
New York
$3.64M
Rafferty Asset Management
57
Rafferty Asset Management
New York
$3.57M -$620K -39,184 -15%
Kovitz Investment Group Partners
58
Kovitz Investment Group Partners
Illinois
$3.4M +$3.28M +207,716 New
Legal & General Group
59
Legal & General Group
United Kingdom
$3.34M +$770K +48,706 +31%
Jane Street
60
Jane Street
New York
$3.27M -$2.22M -140,358 -41%
California State Teachers Retirement System (CalSTRS)
61
California State Teachers Retirement System (CalSTRS)
California
$3.01M +$455K +28,798 +19%
Creative Planning
62
Creative Planning
Kansas
$2.8M +$581K +36,743 +27%
Royal Bank of Canada
63
Royal Bank of Canada
Ontario, Canada
$2.46M +$633K +40,016 +36%
Commonwealth Equity Services
64
Commonwealth Equity Services
Massachusetts
$2.34M +$1.33M +84,367 +144%
Point72 Asset Management
65
Point72 Asset Management
Connecticut
$2.24M +$2.16M +136,468 New
DFCM
66
Dark Forest Capital Management
Puerto Rico
$2.22M +$1.7M +107,561 +386%
Jacobs Levy Equity Management
67
Jacobs Levy Equity Management
New Jersey
$2.17M
MGIA
68
Moneta Group Investment Advisors
Missouri
$2.16M +$2.08M +131,630 New
Renaissance Technologies
69
Renaissance Technologies
New York
$2.07M -$1.25M -79,366 -39%
SPA
70
Sentinel Pension Advisors
Massachusetts
$2.05M +$1.98M +124,979 New
Wells Fargo
71
Wells Fargo
California
$2M +$751K +47,496 +63%
New York State Common Retirement Fund
72
New York State Common Retirement Fund
New York
$2M +$886K +56,035 +85%
FPA
73
First Pacific Advisors
California
$1.99M
T. Rowe Price Associates
74
T. Rowe Price Associates
Maryland
$1.98M +$248K +15,685 +15%
Susquehanna International Group
75
Susquehanna International Group
Pennsylvania
$1.94M -$781K -49,374 -29%

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.