Hanover Bancorp
HNVR
11 hedge funds and large institutions have $15M invested in Hanover Bancorp in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 5 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
0.04% more ownership
Funds ownership: 11.82% → 11.86% (+0.04%)
2% less capital invested
Capital invested by funds: $15.3M → $15M (-$253K)
27% less funds holding
Funds holding: 15 → 11 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$254K |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$36.5K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27.9K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.16K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.58K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$236K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$30.6K |
| 3 |
First Manhattan
New York
|
-$18K |
| 4 |
BlackRock
New York
|
-$7.15K |
| 5 |
CAL
Capital Advisors Ltd
Shaker Heights,
Ohio
|
-$4K |
HNVR Hedge Fund Activity: Q2 2023 in Review
11 of the 6,371 institutional investors tracked by Wall St. Rank reported a position in Hanover Bancorp (HNVR) for Q2 2023, worth a combined $15M — down 1.7% from $15.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HNVR and 1 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 5 added.
The largest buyer was AllianceBernstein, adding an estimated $254K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $236K sold.
- 11 institutional investors held Hanover Bancorp (HNVR) as of Q2 2023, down from 15 in Q1 2023.
- Funds reported $15M of Hanover Bancorp stock for Q2 2023, down 1.7% quarter-over-quarter.
- 1 fund opened new Hanover Bancorp positions in Q2 2023 and 5 closed out, a net change of -4 holders.
- The largest Hanover Bancorp buyer in Q2 2023 was AllianceBernstein, an estimated $254K added.
- The largest Hanover Bancorp seller in Q2 2023 was Susquehanna International Group, an estimated $236K sold.
Based on aggregated 13F filings for Q2 2023.