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Eastern Bankshares

213 hedge funds and large institutions have $1.65B invested in Eastern Bankshares in 2022 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 73 increasing their positions, 79 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

504% more call options, than puts

Call options by funds: $4.68M | Put options by funds: $775K

0.13% more ownership

Funds ownership: 55.18%55.31% (+0.13%)

8% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 79

9% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 23

3% less funds holding

Funds holding: 219213 (-6)

15% less capital invested

Capital invested by funds: $1.93B → $1.65B (-$285M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
213
Holders Change
-6
Holders Change %
-2.74%
% of All Funds
3.42%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
21
Increased
73
Reduced
79
Closed
23
Calls
$4.68M
Puts
$775K
Net Calls
+$3.91M
Net Calls Change
+$645K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$269M +$4.23M +221,308 +1%
BlackRock
2
BlackRock
New York
$195M +$6.83M +357,123 +3%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$109M -$488K -25,532 -0.4%
State Street
4
State Street
Massachusetts
$84.6M +$3.35M +175,075 +4%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$83.3M +$2.98M +155,662 +3%
Capital Research Global Investors
6
Capital Research Global Investors
California
$69.2M +$8.89M +464,974 +13%
T. Rowe Price Investment Management
7
T. Rowe Price Investment Management
Maryland
$66.2M +$21.2M +1,109,378 +41%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$52.2M +$1.58M +82,374 +3%
Brown Advisory
9
Brown Advisory
Maryland
$52.1M -$3.38M -176,792 -6%
Jennison Associates
10
Jennison Associates
New York
$47.5M +$999K +52,201 +2%
Goldman Sachs
11
Goldman Sachs
New York
$43.7M +$2.14M +111,795 +5%
William Blair Investment Management
12
William Blair Investment Management
Illinois
$34.6M -$1.57M -82,194 -4%
BHIA
13
Birch Hill Investment Advisors
Massachusetts
$31.6M +$692K +36,187 +2%
Northern Trust
14
Northern Trust
Illinois
$31.5M -$534K -27,924 -2%
FCM
15
FJ Capital Management
Virginia
$27.1M -$5.75M -300,557 -16%
Citadel Advisors
16
Citadel Advisors
Florida
$26.3M +$6.67M +348,707 +30%
JP Morgan Chase
17
JP Morgan Chase
New York
$23.1M +$4.05M +211,723 +19%
Charles Schwab
18
Charles Schwab
California
$23M +$1.06M +55,662 +4%
Norges Bank
19
Norges Bank
Norway
$21.8M +$1.98M +103,710 +9%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$16.3M +$93.8K +4,906 +0.5%
GIP
21
Granite Investment Partners
California
$16.2M -$811K -42,422 -4%
Impax Asset Management Group
22
Impax Asset Management Group
United Kingdom
$15.8M
Victory Capital Management
23
Victory Capital Management
Texas
$15.2M -$3.03M -158,278 -15%
N
24
Nuveen
North Carolina
$14.9M +$4.14M +216,486 +34%
Renaissance Technologies
25
Renaissance Technologies
New York
$12.3M +$5.61M +293,300 +70%

EBC Hedge Fund Activity: Q4 2022 in Review

213 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Eastern Bankshares (EBC) for Q4 2022, worth a combined $1.65B — down 15% from $1.93B a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of EBC and 21 opened new positions — a net loss of 2 holders — while 79 trimmed existing stakes and 73 added.

The largest buyer was T. Rowe Price Investment Management, adding an estimated $21.2M. The largest seller was Millennium Management, cutting an estimated $28.3M.

  • 213 institutional investors held Eastern Bankshares (EBC) as of Q4 2022, down from 219 in Q3 2022.
  • Funds reported $1.65B of Eastern Bankshares stock for Q4 2022, down 15% quarter-over-quarter.
  • 21 funds opened new Eastern Bankshares positions in Q4 2022 and 23 closed out, a net change of -2 holders.
  • The largest Eastern Bankshares buyer in Q4 2022 was T. Rowe Price Investment Management, an estimated $21.2M added.
  • The largest Eastern Bankshares seller in Q4 2022 was Millennium Management, an estimated $28.3M sold.

Based on aggregated 13F filings for Q4 2022.