Hanover Bancorp
HNVR
18 hedge funds and large institutions have $20M invested in Hanover Bancorp in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 5 closing their positions.
13% more capital invested
Capital invested by funds: $17.7M → $20M (+$2.36M)
0.94% more ownership
Funds ownership: 14.75% → 15.69% (+0.94%)
14% less funds holding
Funds holding: 21 → 18 (-3)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$854K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$240K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$121K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$66.3K |
| 5 |
Renaissance Technologies
New York
|
+$57.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$325K |
| 2 |
LPL Financial
San Diego,
California
|
-$141K |
| 3 |
TA
Teton Advisors
Rye,
New York
|
-$17.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$16K |
| 5 |
Citigroup
New York
|
-$3.36K |
HNVR Hedge Fund Activity: Q3 2024 in Review
18 of the 6,981 institutional investors tracked by Wall St. Rank reported a position in Hanover Bancorp (HNVR) for Q3 2024, worth a combined $20M — up 13% from $17.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HNVR and 2 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Fourthstone LLC, opening a new position worth an estimated $854K. The largest seller was Vanguard Group, cutting an estimated $325K.
- 18 institutional investors held Hanover Bancorp (HNVR) as of Q3 2024, down from 21 in Q2 2024.
- Funds reported $20M of Hanover Bancorp stock for Q3 2024, up 13% quarter-over-quarter.
- 2 funds opened new Hanover Bancorp positions in Q3 2024 and 5 closed out, a net change of -3 holders.
- The largest Hanover Bancorp buyer in Q3 2024 was Fourthstone LLC, an estimated $854K added.
- The largest Hanover Bancorp seller in Q3 2024 was Vanguard Group, an estimated $325K sold.
Based on aggregated 13F filings for Q3 2024.