Northeast Bank
26 hedge funds and large institutions have $32.5M invested in Northeast Bank in 2015 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 2
8% more capital invested
Capital invested by funds: $30.1M → $32.5M (+$2.35M)
4% less funds holding
Funds holding: 27 → 26 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$178K |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$126K |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$58.9K |
| 4 |
SAS
Spectrum Advisory Services
Atlanta,
Georgia
|
+$26K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$21.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$412K |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$187K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$11K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| – | -$11K | -1,060 | Closed |
|
|
27
Bank of America
Charlotte,
North Carolina
| – | -$1K | -90 | Closed |
|
28
Wells Fargo
San Francisco,
California
| – | +$10 | +1 | New |
|
NBN Hedge Fund Activity: Q3 2015 in Review
26 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q3 2015, worth a combined $32.5M — up 7.8% from $30.1M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NBN and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 8 added.
The largest buyer was Russell Frank Company, adding an estimated $178K. The largest seller was AllianceBernstein, cutting an estimated $412K.
- 26 institutional investors held Northeast Bank (NBN) as of Q3 2015, down from 27 in Q2 2015.
- Funds reported $32.5M of Northeast Bank stock for Q3 2015, up 7.8% quarter-over-quarter.
- 1 fund opened new Northeast Bank positions in Q3 2015 and 2 closed out, a net change of -1 holder.
- The largest Northeast Bank buyer in Q3 2015 was Russell Frank Company, an estimated $178K added.
- The largest Northeast Bank seller in Q3 2015 was AllianceBernstein, an estimated $412K sold.
Based on aggregated 13F filings for Q3 2015.