Eastern Bankshares
194 hedge funds and large institutions have $1.59B invested in Eastern Bankshares in 2024 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 48 increasing their positions, 67 reducing their positions, and 17 closing their positions.
82% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 17
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
45% more call options, than puts
Call options by funds: $3.76M | Put options by funds: $2.6M
7% more funds holding
Funds holding: 182 → 194 (+12)
1.96% more ownership
Funds ownership: 63.65% → 65.61% (+2%)
0% more capital invested
Capital invested by funds: $1.59B → $1.59B (+$508K)
28% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$39.4M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$18.8M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$17.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.7M |
| 5 |
Jennison Associates
New York
|
+$7.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$19.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$15.9M |
| 3 |
Morgan Stanley
New York
|
-$15.6M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$10.7M |
| 5 |
Renaissance Technologies
New York
|
-$3.99M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMFAT
201
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
| – | -$171K | -12,050 | Closed |
|
202
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$164K | -11,573 | Closed |
|
203
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$151K | -10,600 | Closed |
|
|
MHIC
204
Marble Harbor Investment Counsel
Boston,
Massachusetts
| – | -$143K | -10,100 | Closed |
|
205
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$30K | -2,111 | Closed |
|
|
ACA
206
American Capital Advisory
Ketchum,
Idaho
| – | -$2.84K | -200 | Closed |
|
207
Robeco Institutional Asset Management
Rotterdam,
Netherlands
| – | -$2.39K | -168 | Closed |
|
|
BTI
208
Blue Trust Inc
Alpharetta,
Georgia
| – | -$2K | -153 | Closed |
|
|
HNB
209
Huntington National Bank
Columbus,
Ohio
| – | -$1.14K | -80 | Closed |
|
|
HCP
210
Hexagon Capital Partners
Rogers,
Arkansas
| – | -$128 | -9 | Closed |
|
EBC Hedge Fund Activity: Q1 2024 in Review
194 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Eastern Bankshares (EBC) for Q1 2024, worth a combined $1.59B — up 0.03% from $1.59B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new EBC positions and 17 closed out — a net gain of 14 holders — while 48 added to existing stakes and 67 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $39.4M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $19.9M.
- 194 institutional investors held Eastern Bankshares (EBC) as of Q1 2024, up from 182 in Q4 2023.
- Funds reported $1.59B of Eastern Bankshares stock for Q1 2024, up 0.03% quarter-over-quarter.
- 31 funds opened new Eastern Bankshares positions in Q1 2024 and 17 closed out, a net change of +14 holders.
- The largest Eastern Bankshares buyer in Q1 2024 was First Trust Advisors, an estimated $39.4M added.
- The largest Eastern Bankshares seller in Q1 2024 was T. Rowe Price Investment Management, an estimated $19.9M sold.
Based on aggregated 13F filings for Q1 2024.