Evans Bancorp Inc
EVBN
EVBN was delisted on the 2nd of May, 2025.
57 hedge funds and large institutions have $109M invested in Evans Bancorp Inc in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 16 reducing their positions, and 6 closing their positions.
20% more capital invested
Capital invested by funds: $90.8M → $109M (+$18.4M)
19% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 16
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 58 → 57 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.46M |
| 2 |
BlackRock
New York
|
+$1.06M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$414K |
| 4 |
Renaissance Technologies
New York
|
+$291K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$233K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$1.15M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$431K |
| 3 |
State Street
Boston,
Massachusetts
|
-$416K |
| 4 |
BMCM
Black Maple Capital Management
Milwaukee,
Wisconsin
|
-$172K |
| 5 |
Bank of New York Mellon
New York
|
-$106K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RTL
51
Red Tortoise LLC
Atlanta,
Georgia
| $8.23K | – | – | – |
|
|
AA
52
Ancora Advisors
Cleveland,
Ohio
| $7.91K | – | – | – |
|
53
Russell Investments Group
London,
United Kingdom
| $4K | -$252 | -9 | -7% |
|
54
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1.83K | -$12.8K | -459 | -89% |
|
|
C
55
Covestor
London,
United Kingdom
| $1K | -$1.29K | -46 | -66% |
|
56
Nisa Investment Advisors
St. Louis,
Missouri
| $725 | – | – | – |
|
|
MPWT
57
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $599 | +$532 | +19 | New |
|
|
58
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$431K | -16,075 | Closed |
|
59
Allspring Global Investments
Charlotte,
North Carolina
| – | -$21K | -783 | Closed |
|
60
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$8K | -283 | Closed |
|
61
Comerica Bank
Dallas,
Texas
| – | -$3.22K | -120 | Closed |
|
|
GWS
62
Glassman Wealth Services
Vienna,
Virginia
| – | -$1.13K | -42 | Closed |
|
EVBN Hedge Fund Activity: Q4 2023 in Review
57 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Evans Bancorp Inc (EVBN) for Q4 2023, worth a combined $109M — up 20% from $90.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of EVBN and 5 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 19 added.
The largest buyer was Morgan Stanley, adding an estimated $1.46M. The largest seller was Fourthstone LLC, cutting an estimated $1.15M.
- 57 institutional investors held Evans Bancorp Inc (EVBN) as of Q4 2023, down from 58 in Q3 2023.
- Funds reported $109M of Evans Bancorp Inc stock for Q4 2023, up 20% quarter-over-quarter.
- 5 funds opened new Evans Bancorp Inc positions in Q4 2023 and 6 closed out, a net change of -1 holder.
- The largest Evans Bancorp Inc buyer in Q4 2023 was Morgan Stanley, an estimated $1.46M added.
- The largest Evans Bancorp Inc seller in Q4 2023 was Fourthstone LLC, an estimated $1.15M sold.
Based on aggregated 13F filings for Q4 2023.