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Eastern Bankshares

182 hedge funds and large institutions have $1.84B invested in Eastern Bankshares in 2021 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 49 increasing their positions, 55 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,231% more call options, than puts

Call options by funds: $29.4M | Put options by funds: $1.26M

300% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 11

21% more funds holding

Funds holding: 150182 (+32)

3% more capital invested

Capital invested by funds: $1.79B → $1.84B (+$50.1M)

1.77% less ownership

Funds ownership: 49.65%47.89% (-1.8%)

11% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 55

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
182
Holders Change
+32
Holders Change %
+21.33%
% of All Funds
3.17%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.07%
New
44
Increased
49
Reduced
55
Closed
11
Calls
$29.4M
Puts
$1.26M
Net Calls
+$28.2M
Net Calls Change
+$1.92M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$325M -$8.11M -382,649 -2%
BlackRock
2
BlackRock
New York
$249M -$3.45M -162,746 -1%
State Street
3
State Street
Massachusetts
$136M -$15.1M -713,085 -10%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$84M -$45.9M -2,163,377 -35%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$71.4M +$8.53M +402,405 +13%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$66.8M +$7.92M +373,847 +13%
FCM
7
FJ Capital Management
Virginia
$57.6M -$22.6M -1,064,700 -28%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$57.2M +$453K +21,351 +0.8%
Brown Advisory
9
Brown Advisory
Maryland
$56.6M -$302K -14,228 -0.5%
EMFAT
10
Emerald Mutual Fund Advisers Trust
Pennsylvania
$45.3M
EA
11
Emerald Advisers
Pennsylvania
$40.2M -$3.09M -145,590 -7%
Northern Trust
12
Northern Trust
Illinois
$37M +$3.06M +144,446 +9%
BHIA
13
Birch Hill Investment Advisors
Massachusetts
$37M +$534K +25,200 +1%
Federated Hermes
14
Federated Hermes
Pennsylvania
$34.7M +$35.8M +1,687,513 New
NM
15
Newtyn Management
New York
$33.9M
Jennison Associates
16
Jennison Associates
New York
$28.4M -$906K -42,748 -3%
Charles Schwab
17
Charles Schwab
California
$25.8M +$615K +29,030 +2%
Norges Bank
18
Norges Bank
Norway
$24.8M +$22.6M +1,067,820 +780%
JP Morgan Chase
19
JP Morgan Chase
New York
$23.7M +$9.46M +446,457 +63%
DCM
20
Driehaus Capital Management
Illinois
$21.3M -$2.23M -105,000 -9%
American Century Companies
21
American Century Companies
Missouri
$17.4M -$50.8M -2,395,721 -74%
VOYA Investment Management
22
VOYA Investment Management
Georgia
$15.6M +$43.2K +2,037 +0.3%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$15.2M +$2.87M +135,541 +23%
N
24
Nuveen
North Carolina
$14.3M -$670K -31,610 -4%
RA
25
Raffles Associates
New York
$14.1M

EBC Hedge Fund Activity: Q2 2021 in Review

182 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Eastern Bankshares (EBC) for Q2 2021, worth a combined $1.84B — up 2.8% from $1.79B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new EBC positions and 11 closed out — a net gain of 33 holders — while 49 added to existing stakes and 55 trimmed.

The largest buyer was Federated Hermes, opening a new position worth an estimated $35.8M. The largest seller was American Century Companies, cutting an estimated $50.8M.

  • 182 institutional investors held Eastern Bankshares (EBC) as of Q2 2021, up from 150 in Q1 2021.
  • Funds reported $1.84B of Eastern Bankshares stock for Q2 2021, up 2.8% quarter-over-quarter.
  • 44 funds opened new Eastern Bankshares positions in Q2 2021 and 11 closed out, a net change of +33 holders.
  • The largest Eastern Bankshares buyer in Q2 2021 was Federated Hermes, an estimated $35.8M added.
  • The largest Eastern Bankshares seller in Q2 2021 was American Century Companies, an estimated $50.8M sold.

Based on aggregated 13F filings for Q2 2021.