Evans Bancorp Inc
EVBN
EVBN was delisted on the 2nd of May, 2025.
59 hedge funds and large institutions have $97.8M invested in Evans Bancorp Inc in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
4% more funds holding
Funds holding: 57 → 59 (+2)
10% less capital invested
Capital invested by funds: $109M → $97.8M (-$11.4M)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$950K |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$826K |
| 3 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$467K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$399K |
| 5 |
FIA
FNY Investment Advisers
New York
|
+$323K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$2.68M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2.54M |
| 3 |
Morgan Stanley
New York
|
-$2.17M |
| 4 |
BlackRock
New York
|
-$737K |
| 5 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$535K |
EVBN Hedge Fund Activity: Q1 2024 in Review
59 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Evans Bancorp Inc (EVBN) for Q1 2024, worth a combined $97.8M — down 10% from $109M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new EVBN positions and 6 closed out — a net gain of 2 holders — while 15 added to existing stakes and 18 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $950K. The largest seller was Fourthstone LLC, exiting entirely with an estimated $2.68M sold.
- 59 institutional investors held Evans Bancorp Inc (EVBN) as of Q1 2024, up from 57 in Q4 2023.
- Funds reported $97.8M of Evans Bancorp Inc stock for Q1 2024, down 10% quarter-over-quarter.
- 8 funds opened new Evans Bancorp Inc positions in Q1 2024 and 6 closed out, a net change of +2 holders.
- The largest Evans Bancorp Inc buyer in Q1 2024 was AllianceBernstein, an estimated $950K added.
- The largest Evans Bancorp Inc seller in Q1 2024 was Fourthstone LLC, an estimated $2.68M sold.
Based on aggregated 13F filings for Q1 2024.