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Eastern Bankshares

150 hedge funds and large institutions have $1.79B invested in Eastern Bankshares in 2021 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 53 increasing their positions, 41 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,282% more call options, than puts

Call options by funds: $27.4M | Put options by funds: $1.15M

100% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 15

30% more capital invested

Capital invested by funds: $1.38B → $1.79B (+$409M)

29% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 41

10% more funds holding

Funds holding: 136150 (+14)

4.33% more ownership

Funds ownership: 45.32%49.65% (+4.3%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
150
Holders Change
+14
Holders Change %
+10.29%
% of All Funds
2.63%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.11%
New
30
Increased
53
Reduced
41
Closed
15
Calls
$27.4M
Puts
$1.15M
Net Calls
+$26.2M
Net Calls Change
+$13.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$312M +$5.02M +288,738 +2%
BlackRock
2
BlackRock
New York
$237M +$13.9M +801,595 +7%
State Street
3
State Street
Massachusetts
$141M +$80.1M +4,607,824 +171%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$121M -$15.4M -886,139 -12%
FCM
5
FJ Capital Management
Virginia
$74.5M +$10.3M +594,700 +18%
American Century Companies
6
American Century Companies
Missouri
$62.5M +$21.2M +1,218,611 +60%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$59.2M +$5.92M +340,299 +12%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$55.5M +$3.87M +222,403 +8%
Brown Advisory
9
Brown Advisory
Maryland
$53.4M +$6.47M +372,389 +16%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$53.3M +$1.57M +90,524 +3%
EMFAT
11
Emerald Mutual Fund Advisers Trust
Pennsylvania
$42.5M +$7.76M +446,234 +25%
EA
12
Emerald Advisers
Pennsylvania
$40.5M +$6.06M +348,505 +20%
BHIA
13
Birch Hill Investment Advisors
Massachusetts
$34.2M +$6M +345,225 +24%
Northern Trust
14
Northern Trust
Illinois
$31.9M -$2.06M -118,367 -7%
NM
15
Newtyn Management
New York
$31.8M -$6.08M -350,000 -18%
Jennison Associates
16
Jennison Associates
New York
$27.4M -$1.01M -58,273 -4%
Charles Schwab
17
Charles Schwab
California
$23.7M +$664K +38,210 +3%
DCM
18
Driehaus Capital Management
Illinois
$22M +$1.74M +100,308 +10%
MI
19
M3F Inc
Utah
$21.7M +$1.91M +110,134 +11%
Ensign Peak Advisors
20
Ensign Peak Advisors
Utah
$17.5M -$21.8M -1,256,088 -58%
VOYA Investment Management
21
VOYA Investment Management
Georgia
$14.6M -$1.82M -104,787 -12%
N
22
Nuveen
North Carolina
$14M -$6.55K -377 -0.1%
Adage Capital Partners
23
Adage Capital Partners
Massachusetts
$13.8M -$887K -51,002 -7%
JP Morgan Chase
24
JP Morgan Chase
New York
$13.6M +$5.08M +292,060 +71%
RA
25
Raffles Associates
New York
$13.3M

EBC Hedge Fund Activity: Q1 2021 in Review

150 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Eastern Bankshares (EBC) for Q1 2021, worth a combined $1.79B — up 30% from $1.38B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new EBC positions and 15 closed out — a net gain of 15 holders — while 53 added to existing stakes and 41 trimmed.

The largest buyer was State Street, adding an estimated $80.1M. The largest seller was Ensign Peak Advisors, cutting an estimated $21.8M.

  • 150 institutional investors held Eastern Bankshares (EBC) as of Q1 2021, up from 136 in Q4 2020.
  • Funds reported $1.79B of Eastern Bankshares stock for Q1 2021, up 30% quarter-over-quarter.
  • 30 funds opened new Eastern Bankshares positions in Q1 2021 and 15 closed out, a net change of +15 holders.
  • The largest Eastern Bankshares buyer in Q1 2021 was State Street, an estimated $80.1M added.
  • The largest Eastern Bankshares seller in Q1 2021 was Ensign Peak Advisors, an estimated $21.8M sold.

Based on aggregated 13F filings for Q1 2021.