Northeast Bank
33 hedge funds and large institutions have $39.5M invested in Northeast Bank in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
18% more funds holding
Funds holding: 28 → 33 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $41.1M → $39.5M (-$1.66M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$92.5K |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
+$78.8K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.7K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$16.8K |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$13.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRCA
Birch Run Capital Advisors
Dallas,
Texas
|
-$1.16M |
| 2 |
MG
Magnolia Group
Omaha,
Nebraska
|
-$440K |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$383K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$66.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$28.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $8K | +$7.94K | +774 | New |
|
27
Bank of America
Charlotte,
North Carolina
| $6K | +$5.44K | +530 | New |
|
|
28
UBS Group
Zurich,
Switzerland
| $4K | -$28.1K | -2,736 | -88% |
|
|
MA
29
MUFG Americas
New York
| $4K | -$2.57K | -250 | -42% |
|
30
Acadian Asset Management
Boston,
Massachusetts
| $3K | +$216 | +21 | +7% |
|
31
Geode Capital Management
Boston,
Massachusetts
| $225 | – | – | – |
|
|
BRCA
32
Birch Run Capital Advisors
Dallas,
Texas
| – | -$1.16M | -109,980 | Closed |
|
33
Wells Fargo
San Francisco,
California
| – | +$10 | +1 | New |
|
34
Barclays
London,
United Kingdom
| – | +$359 | +35 | New |
|
NBN Hedge Fund Activity: Q1 2016 in Review
33 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q1 2016, worth a combined $39.5M — down 4% from $41.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NBN positions and 1 closed out — a net gain of 5 holders — while 6 added to existing stakes and 5 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $92.5K. The largest seller was Birch Run Capital Advisors, exiting entirely with an estimated $1.16M sold.
- 33 institutional investors held Northeast Bank (NBN) as of Q1 2016, up from 28 in Q4 2015.
- Funds reported $39.5M of Northeast Bank stock for Q1 2016, down 4% quarter-over-quarter.
- 6 funds opened new Northeast Bank positions in Q1 2016 and 1 closed out, a net change of +5 holders.
- The largest Northeast Bank buyer in Q1 2016 was LSV Asset Management, an estimated $92.5K added.
- The largest Northeast Bank seller in Q1 2016 was Birch Run Capital Advisors, an estimated $1.16M sold.
Based on aggregated 13F filings for Q1 2016.