Evans Bancorp Inc
EVBN
EVBN was delisted on the 2nd of May, 2025.
54 hedge funds and large institutions have $85.5M invested in Evans Bancorp Inc in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 6 closing their positions.
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
29% more funds holding
Funds holding: 42 → 54 (+12)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
19% less capital invested
Capital invested by funds: $106M → $85.5M (-$20.7M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.9M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.29M |
| 3 |
Morgan Stanley
New York
|
+$1.28M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.23M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$3.01M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.23M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$1.03M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.03M |
| 5 |
Millennium Management
New York
|
-$685K |
EVBN Hedge Fund Activity: Q2 2023 in Review
54 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Evans Bancorp Inc (EVBN) for Q2 2023, worth a combined $85.5M — down 19% from $106M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new EVBN positions and 6 closed out — a net gain of 12 holders — while 13 added to existing stakes and 15 trimmed.
The largest buyer was BlackRock, adding an estimated $6.9M. The largest seller was Fourthstone LLC, cutting an estimated $3.01M.
- 54 institutional investors held Evans Bancorp Inc (EVBN) as of Q2 2023, up from 42 in Q1 2023.
- Funds reported $85.5M of Evans Bancorp Inc stock for Q2 2023, down 19% quarter-over-quarter.
- 18 funds opened new Evans Bancorp Inc positions in Q2 2023 and 6 closed out, a net change of +12 holders.
- The largest Evans Bancorp Inc buyer in Q2 2023 was BlackRock, an estimated $6.9M added.
- The largest Evans Bancorp Inc seller in Q2 2023 was Fourthstone LLC, an estimated $3.01M sold.
Based on aggregated 13F filings for Q2 2023.