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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
SCI
151
S&CO Inc
Massachusetts
$302K +$292K +18,450 New
SOW
152
State of Wyoming
Wyoming
$300K -$7.34K -464 -2%
RJA
153
Raymond James & Associates
Florida
$287K +$277K +17,522 New
PWLP
154
Prio Wealth Limited Partnership
Massachusetts
$285K +$275K +17,416 New
SPP
155
Single Point Partners
Massachusetts
$282K -$654K -41,334 -28%
KWM
156
Kingsview Wealth Management
Oregon
$256K +$247K +15,611 New
SFA
157
Sequoia Financial Advisors
Ohio
$247K +$933 +59 +0.4%
FT
158
Fiduciary Trust
Massachusetts
$244K +$235K +14,868 New
PA
159
Profund Advisors
Maryland
$242K +$64.3K +4,068 +38%
BP
160
Ballentine Partners
Massachusetts
$240K +$231K +14,634 New
Prudential Financial
161
Prudential Financial
New Jersey
$238K -$5.19M -327,991 -96%
KFS
162
Kurt F. Somerville
$234K +$225K +14,248 New
EWA
163
EP Wealth Advisors
California
$232K +$224K +14,166 New
Principal Financial Group
164
Principal Financial Group
Iowa
$221K -$28.1K -1,775 -12%
RC
165
Roundview Capital
New Jersey
$220K
WSFS
166
Wilmington Savings Fund Society
Delaware
$220K +$212K +13,397 New
PI
167
PFG Investments
New York
$215K +$208K +13,143 New
QCG
168
Quadrant Capital Group
Ohio
$214K +$138K +8,724 +200%
RA
169
Royce & Associates
New York
$212K
CSC
170
Caldwell Sutter Capital
California
$211K -$9.49K -600 -4%
PMFA
171
Plante Moran Financial Advisors
Michigan
$209K +$201K +12,722 New
X
172
Xponance
Pennsylvania
$206K +$199K +12,575 New
TIM
173
Tortoise Investment Management
New York
$205K +$39.2K +2,478 +25%
MHIC
174
Marble Harbor Investment Counsel
Massachusetts
$204K +$196K +12,427 New
Mackenzie Financial
175
Mackenzie Financial
Ontario, Canada
$199K +$192K +12,168 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.