Hanover Bancorp
HNVR
20 hedge funds and large institutions have $16.4M invested in Hanover Bancorp in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 5 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0.54% more ownership
Funds ownership: 14.8% → 15.33% (+0.54%)
5% less funds holding
Funds holding: 21 → 20 (-1)
14% less capital invested
Capital invested by funds: $19.1M → $16.4M (-$2.7M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$835K |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$616K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$130K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$23K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$20.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$218K |
| 2 |
6CM
683 Capital Management
New York
|
-$216K |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$199K |
| 4 |
Renaissance Technologies
New York
|
-$196K |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$195K |
HNVR Hedge Fund Activity: Q1 2024 in Review
20 of the 6,961 institutional investors tracked by Wall St. Rank reported a position in Hanover Bancorp (HNVR) for Q1 2024, worth a combined $16.4M — down 14% from $19.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HNVR and 4 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 7 added.
The largest buyer was AllianceBernstein, adding an estimated $835K. The largest seller was HRT Financial, cutting an estimated $218K.
- 20 institutional investors held Hanover Bancorp (HNVR) as of Q1 2024, down from 21 in Q4 2023.
- Funds reported $16.4M of Hanover Bancorp stock for Q1 2024, down 14% quarter-over-quarter.
- 4 funds opened new Hanover Bancorp positions in Q1 2024 and 5 closed out, a net change of -1 holder.
- The largest Hanover Bancorp buyer in Q1 2024 was AllianceBernstein, an estimated $835K added.
- The largest Hanover Bancorp seller in Q1 2024 was HRT Financial, an estimated $218K sold.
Based on aggregated 13F filings for Q1 2024.