Hanover Bancorp
HNVR
15 hedge funds and large institutions have $15.3M invested in Hanover Bancorp in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 0 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
15% more funds holding
Funds holding: 13 → 15 (+2)
0.27% more ownership
Funds ownership: 11.55% → 11.82% (+0.27%)
9% less capital invested
Capital invested by funds: $16.8M → $15.3M (-$1.54M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$506K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$153K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$14.1K |
| 4 |
BlackRock
New York
|
+$11.5K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$9.52K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$223K |
| 2 |
Morgan Stanley
New York
|
-$2.85K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$195 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
AllianceBernstein
Nashville,
Tennessee
| $6.91M | -$223K | -11,420 | -3% |
|
|
BFC
2
Banc Funds Company
Chicago,
Illinois
| $4.08M | +$506K | +25,957 | +13% |
|
|
3
Vanguard Group
Malvern,
Pennsylvania
| $2.86M | +$153K | +7,828 | +5% |
|
|
GF
4
Gabelli Funds
Rye,
New York
| $450K | – | – | – |
|
|
TA
5
Teton Advisors
Rye,
New York
| $270K | – | – | – |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $236K | +$9.52K | +488 | +4% |
|
|
7
BlackRock
New York
| $229K | +$11.5K | +592 | +5% |
|
|
SI
8
Stephens Inc
Little Rock,
Arkansas
| $220K | +$351 | +18 | +0.1% |
|
|
9
UBS Group
Zurich,
Switzerland
| $30.6K | +$14.1K | +721 | +74% |
|
10
First Manhattan
New York
| $18K | – | – | – |
|
|
CAL
11
Capital Advisors Ltd
Shaker Heights,
Ohio
| $4K | +$4.37K | +224 | New |
|
|
12
Morgan Stanley
New York
| $1.06K | -$2.85K | -146 | -71% |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| $1K | +$585 | +30 | New |
|
14
Wells Fargo
San Francisco,
California
| $191 | – | – | – |
|
|
15
Bank of America
Charlotte,
North Carolina
| $72 | -$195 | -10 | -71% |
|
HNVR Hedge Fund Activity: Q1 2023 in Review
15 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in Hanover Bancorp (HNVR) for Q1 2023, worth a combined $15.3M — down 9.1% from $16.8M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new HNVR positions and 0 closed out — a net gain of 2 holders — while 6 added to existing stakes and 3 trimmed.
The largest buyer was Banc Funds Company, adding an estimated $506K. The largest seller was AllianceBernstein, cutting an estimated $223K.
- 15 institutional investors held Hanover Bancorp (HNVR) as of Q1 2023, up from 13 in Q4 2022.
- Funds reported $15.3M of Hanover Bancorp stock for Q1 2023, down 9.1% quarter-over-quarter.
- 2 funds opened new Hanover Bancorp positions in Q1 2023 and 0 closed out, a net change of +2 holders.
- The largest Hanover Bancorp buyer in Q1 2023 was Banc Funds Company, an estimated $506K added.
- The largest Hanover Bancorp seller in Q1 2023 was AllianceBernstein, an estimated $223K sold.
Based on aggregated 13F filings for Q1 2023.