Northeast Bank
NBN
32 hedge funds and large institutions have $37.4M invested in Northeast Bank in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
23% more funds holding
Funds holding: 26 → 32 (+6)
2% more capital invested
Capital invested by funds: $36.6M → $37.4M (+$834K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$821K |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$511K |
| 3 |
GPC
Glacier Peak Capital
Bellevue,
Washington
|
+$294K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$101K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$97.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$443K |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$126K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$10K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$8.87K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VCM
26
Vigilant Capital Management
Portland,
Maine
| $65K | – | – | – |
|
27
Morgan Stanley
New York
| $41K | +$42.3K | +4,325 | New |
|
|
U
28
UBS
Zurich,
Switzerland
| $21K | -$8.87K | -906 | -29% |
|
29
Bank of America
Charlotte,
North Carolina
| $3K | +$2.58K | +264 | New |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$10K | -1,031 | Closed |
|
31
Wells Fargo
San Francisco,
California
| – | +$10 | +1 | New |
|
32
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$264 | +27 | New |
|
NBN Hedge Fund Activity: Q4 2013 in Review
32 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q4 2013, worth a combined $37.4M — up 2.3% from $36.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NBN positions and 1 closed out — a net gain of 6 holders — while 6 added to existing stakes and 3 trimmed.
The largest buyer was Boston Partners, adding an estimated $821K. The largest seller was Castine Capital Management, cutting an estimated $443K.
- 32 institutional investors held Northeast Bank (NBN) as of Q4 2013, up from 26 in Q3 2013.
- Funds reported $37.4M of Northeast Bank stock for Q4 2013, up 2.3% quarter-over-quarter.
- 7 funds opened new Northeast Bank positions in Q4 2013 and 1 closed out, a net change of +6 holders.
- The largest Northeast Bank buyer in Q4 2013 was Boston Partners, an estimated $821K added.
- The largest Northeast Bank seller in Q4 2013 was Castine Capital Management, an estimated $443K sold.
Based on aggregated 13F filings for Q4 2013.