Hanover Bancorp
HNVR
13 hedge funds and large institutions have $16.8M invested in Hanover Bancorp in 2022 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
16% more capital invested
Capital invested by funds: $14.6M → $16.8M (+$2.27M)
1.1% more ownership
Funds ownership: 10.45% → 11.55% (+1.1%)
0% more funds holding
Funds holding: 13 → 13 (0)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$308K |
| 3 |
BlackRock
New York
|
+$190K |
| 4 |
First Manhattan
New York
|
+$19.9K |
| 5 |
Morgan Stanley
New York
|
+$4.08K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$904K |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$179K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$16.6K |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$9.36K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
AllianceBernstein
Nashville,
Tennessee
| $8.06M | -$179K | -8,973 | -2% |
|
|
BFC
2
Banc Funds Company
Chicago,
Illinois
| $4.09M | +$308K | +15,450 | +8% |
|
|
3
Vanguard Group
Malvern,
Pennsylvania
| $3.08M | +$3M | +150,818 | New |
|
|
GF
4
Gabelli Funds
Rye,
New York
| $510K | – | – | – |
|
|
TA
5
Teton Advisors
Rye,
New York
| $306K | – | – | – |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $257K | -$16.6K | -834 | -6% |
|
|
SI
7
Stephens Inc
Little Rock,
Arkansas
| $248K | -$9.36K | -470 | -4% |
|
|
8
BlackRock
New York
| $248K | +$190K | +9,523 | +363% |
|
|
9
First Manhattan
New York
| $20.4K | +$19.9K | +1,000 | New |
|
10
UBS Group
Zurich,
Switzerland
| $20K | -$6.35K | -319 | -25% |
|
|
11
Morgan Stanley
New York
| $4.18K | +$4.08K | +205 | New |
|
12
Bank of America
Charlotte,
North Carolina
| $285 | +$279 | +14 | New |
|
13
Wells Fargo
San Francisco,
California
| $204 | -$20 | -1 | -9% |
|
|
FHC
14
Forest Hill Capital
Little Rock,
Arkansas
| – | -$904K | -47,294 | Closed |
|
|
TRCT
15
Tower Research Capital (TRC)
New York
| – | -$7K | -372 | Closed |
|
HNVR Hedge Fund Activity: Q4 2022 in Review
13 of the 6,223 institutional investors tracked by Wall St. Rank reported a position in Hanover Bancorp (HNVR) for Q4 2022, worth a combined $16.8M — up 16% from $14.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new HNVR positions and 3 closed out — a net gain of 1 holder — while 2 added to existing stakes and 5 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $3M. The largest seller was Forest Hill Capital, exiting entirely with an estimated $904K sold.
- 13 institutional investors held Hanover Bancorp (HNVR) as of Q4 2022, unchanged from Q3 2022.
- Funds reported $16.8M of Hanover Bancorp stock for Q4 2022, up 16% quarter-over-quarter.
- 4 funds opened new Hanover Bancorp positions in Q4 2022 and 3 closed out, a net change of +1 holder.
- The largest Hanover Bancorp buyer in Q4 2022 was Vanguard Group, an estimated $3M added.
- The largest Hanover Bancorp seller in Q4 2022 was Forest Hill Capital, an estimated $904K sold.
Based on aggregated 13F filings for Q4 2022.