Northeast Bank
30 hedge funds and large institutions have $32.4M invested in Northeast Bank in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 5 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
3% less funds holding
Funds holding: 31 → 30 (-1)
10% less capital invested
Capital invested by funds: $36M → $32.4M (-$3.52M)
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
|
+$673K |
| 2 |
BRCA
Birch Run Capital Advisors
Dallas,
Texas
|
+$575K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$47.9K |
| 4 |
Morgan Stanley
New York
|
+$43.2K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$36.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$4.08M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$960K |
| 3 |
GPC
Glacier Peak Capital
Bellevue,
Washington
|
-$281K |
| 4 |
RNS
Robert N. Shapiro
|
-$168K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$53.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
26
Highlander Capital Management
Short Hills,
New Jersey
| $14.4K | – | – | – |
|
|
BRWA
27
B. Riley Wealth Advisors
Boca Raton,
Florida
| $4.79K | +$4.79K | +500 | New |
|
28
Bank of America
Charlotte,
North Carolina
| $1K | +$518 | +54 | New |
|
|
CCM
29
Castine Capital Management
Boston,
Massachusetts
| – | -$4.08M | -436,409 | Closed |
|
|
KCM
30
Kennedy Capital Management
St Louis,
Missouri
| – | -$960K | -102,610 | Closed |
|
|
GPC
31
Glacier Peak Capital
Bellevue,
Washington
| – | -$281K | -30,000 | Closed |
|
|
RNS
32
Robert N. Shapiro
| – | -$168K | -17,947 | Closed |
|
|
VCM
33
Vigilant Capital Management
Portland,
Maine
| – | -$7K | -750 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | +$355 | +37 | New |
|
NBN Hedge Fund Activity: Q2 2014 in Review
30 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q2 2014, worth a combined $32.4M — down 9.8% from $36M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NBN and 4 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 7 added.
The largest buyer was AllianceBernstein, adding an estimated $673K. The largest seller was Castine Capital Management, exiting entirely with an estimated $4.08M sold.
- 30 institutional investors held Northeast Bank (NBN) as of Q2 2014, down from 31 in Q1 2014.
- Funds reported $32.4M of Northeast Bank stock for Q2 2014, down 9.8% quarter-over-quarter.
- 4 funds opened new Northeast Bank positions in Q2 2014 and 5 closed out, a net change of -1 holder.
- The largest Northeast Bank buyer in Q2 2014 was AllianceBernstein, an estimated $673K added.
- The largest Northeast Bank seller in Q2 2014 was Castine Capital Management, an estimated $4.08M sold.
Based on aggregated 13F filings for Q2 2014.