Eastern Bankshares
179 hedge funds and large institutions have $1.27B invested in Eastern Bankshares in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 65 increasing their positions, 68 reducing their positions, and 39 closing their positions.
97% more call options, than puts
Call options by funds: $2.94M | Put options by funds: $1.49M
2.4% more ownership
Funds ownership: 56.34% → 58.74% (+2.4%)
1% more capital invested
Capital invested by funds: $1.25B → $1.27B (+$18.2M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 68
12% less funds holding
Funds holding: 203 → 179 (-24)
62% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$55.4M |
| 2 |
Millennium Management
New York
|
+$16.6M |
| 3 |
JP Morgan Chase
New York
|
+$9.95M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$9.59M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$14.6M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$9.44M |
| 3 |
JGC
J. Goldman & Co
New York
|
-$7.6M |
| 4 |
BHIA
Birch Hill Investment Advisors
Boston,
Massachusetts
|
-$7.37M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$6.42M |
EBC Hedge Fund Activity: Q2 2023 in Review
179 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Eastern Bankshares (EBC) for Q2 2023, worth a combined $1.27B — up 1.5% from $1.25B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of EBC and 15 opened new positions — a net loss of 24 holders — while 68 trimmed existing stakes and 65 added.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $55.4M. The largest seller was Wellington Management Group, cutting an estimated $14.6M.
- 179 institutional investors held Eastern Bankshares (EBC) as of Q2 2023, down from 203 in Q1 2023.
- Funds reported $1.27B of Eastern Bankshares stock for Q2 2023, up 1.5% quarter-over-quarter.
- 15 funds opened new Eastern Bankshares positions in Q2 2023 and 39 closed out, a net change of -24 holders.
- The largest Eastern Bankshares buyer in Q2 2023 was T. Rowe Price Investment Management, an estimated $55.4M added.
- The largest Eastern Bankshares seller in Q2 2023 was Wellington Management Group, an estimated $14.6M sold.
Based on aggregated 13F filings for Q2 2023.