Northeast Bank
31 hedge funds and large institutions have $36M invested in Northeast Bank in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 4 closing their positions.
4% less capital invested
Capital invested by funds: $37.4M → $36M (-$1.46M)
3% less funds holding
Funds holding: 32 → 31 (-1)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$964K |
| 2 |
MFP
Michael F. Price
|
+$471K |
| 3 |
Morgan Stanley
New York
|
+$16.1K |
| 4 |
HCM
Highlander Capital Management
Short Hills,
New Jersey
|
+$14.1K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Consector Capital
New York
|
-$1.24M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$490K |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$165K |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$165K |
| 5 |
VCM
Vigilant Capital Management
Portland,
Maine
|
-$56.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Morgan Stanley
New York
| $56K | +$16.1K | +1,716 | +40% |
|
|
U
27
UBS
Zurich,
Switzerland
| $30K | +$9.48K | +1,009 | +46% |
|
|
HCM
28
Highlander Capital Management
Short Hills,
New Jersey
| $14K | +$14.1K | +1,500 | New |
|
|
VCM
29
Vigilant Capital Management
Portland,
Maine
| $7K | -$56.4K | -6,000 | -89% |
|
30
AllianceBernstein
Nashville,
Tennessee
| $3K | +$3.02K | +321 | New |
|
|
CC
31
Consector Capital
New York
| – | -$1.24M | -129,839 | Closed |
|
32
Bank of America
Charlotte,
North Carolina
| – | -$3K | -264 | Closed |
|
NBN Hedge Fund Activity: Q1 2014 in Review
31 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q1 2014, worth a combined $36M — down 3.9% from $37.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of NBN and 3 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 4 added.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $964K. The largest seller was Consector Capital, exiting entirely with an estimated $1.24M sold.
- 31 institutional investors held Northeast Bank (NBN) as of Q1 2014, down from 32 in Q4 2013.
- Funds reported $36M of Northeast Bank stock for Q1 2014, down 3.9% quarter-over-quarter.
- 3 funds opened new Northeast Bank positions in Q1 2014 and 4 closed out, a net change of -1 holder.
- The largest Northeast Bank buyer in Q1 2014 was Kennedy Capital Management, an estimated $964K added.
- The largest Northeast Bank seller in Q1 2014 was Consector Capital, an estimated $1.24M sold.
Based on aggregated 13F filings for Q1 2014.