ECB Bancorp
ECBK
18 hedge funds and large institutions have $23M invested in ECB Bancorp in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
0.5% less ownership
Funds ownership: 19.68% → 19.18% (-0.5%)
8% less capital invested
Capital invested by funds: $25.1M → $23M (-$2.05M)
14% less funds holding
Funds holding: 21 → 18 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.36M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$210K |
| 3 |
RA
Raffles Associates
New York
|
+$184K |
| 4 |
BlackRock
New York
|
+$28.4K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.15K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
-$2.23M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$296K |
| 3 |
MCM
Maltese Capital Management
New York
|
-$61.2K |
| 4 |
LA
Lynch & Associates
Newburgh,
Indiana
|
-$32.1K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$20.3K |
ECBK Hedge Fund Activity: Q2 2023 in Review
18 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in ECB Bancorp (ECBK) for Q2 2023, worth a combined $23M — down 8.2% from $25.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ECBK and 2 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 4 added.
The largest buyer was AllianceBernstein, adding an estimated $1.36M. The largest seller was Rhino Investment Partners, exiting entirely with an estimated $2.23M sold.
- 18 institutional investors held ECB Bancorp (ECBK) as of Q2 2023, down from 21 in Q1 2023.
- Funds reported $23M of ECB Bancorp stock for Q2 2023, down 8.2% quarter-over-quarter.
- 2 funds opened new ECB Bancorp positions in Q2 2023 and 5 closed out, a net change of -3 holders.
- The largest ECB Bancorp buyer in Q2 2023 was AllianceBernstein, an estimated $1.36M added.
- The largest ECB Bancorp seller in Q2 2023 was Rhino Investment Partners, an estimated $2.23M sold.
Based on aggregated 13F filings for Q2 2023.