Northeast Bank
29 hedge funds and large institutions have $42.1M invested in Northeast Bank in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
7% more capital invested
Capital invested by funds: $39.4M → $42.1M (+$2.74M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 30 → 29 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$1.23M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$304K |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$151K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
+$84.3K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$76.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$276K |
| 2 |
GC
Gratus Capital
Atlanta,
Georgia
|
-$31.4K |
| 3 |
Axa
Paris,
France
|
-$19K |
| 4 |
State Street
Boston,
Massachusetts
|
-$4.78K |
| 5 |
MA
MUFG Americas
New York
|
-$1.34K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Acadian Asset Management
Boston,
Massachusetts
| $14K | +$4.51K | +402 | +48% |
|
27
Barclays
London,
United Kingdom
| $5K | +$5.09K | +454 | New |
|
|
MA
28
MUFG Americas
New York
| $3K | -$1.34K | -120 | -34% |
|
|
29
Axa
Paris,
France
| – | -$19K | -1,700 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$1K | -61 | Closed |
|
NBN Hedge Fund Activity: Q3 2016 in Review
29 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q3 2016, worth a combined $42.1M — up 7% from $39.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of NBN and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 8 added.
The largest buyer was Magnolia Group, adding an estimated $1.23M. The largest seller was AllianceBernstein, cutting an estimated $276K.
- 29 institutional investors held Northeast Bank (NBN) as of Q3 2016, down from 30 in Q2 2016.
- Funds reported $42.1M of Northeast Bank stock for Q3 2016, up 7% quarter-over-quarter.
- 1 fund opened new Northeast Bank positions in Q3 2016 and 2 closed out, a net change of -1 holder.
- The largest Northeast Bank buyer in Q3 2016 was Magnolia Group, an estimated $1.23M added.
- The largest Northeast Bank seller in Q3 2016 was AllianceBernstein, an estimated $276K sold.
Based on aggregated 13F filings for Q3 2016.