Northeast Bank
38 hedge funds and large institutions have $45.2M invested in Northeast Bank in 2016 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
46.09% more ownership
Funds ownership: 0% → 46.09% (+46%)
31% more funds holding
Funds holding: 29 → 38 (+9)
7% more capital invested
Capital invested by funds: $42.1M → $45.2M (+$3.05M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.44M |
| 2 |
Renaissance Technologies
New York
|
+$1.3M |
| 3 |
BCM
BHZ Capital Management
San Jose,
California
|
+$1.03M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$598K |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$475K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Magnolia Group
Omaha,
Nebraska
|
-$6.76M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$848K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$670K |
| 4 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$536K |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$535K |
NBN Hedge Fund Activity: Q4 2016 in Review
38 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q4 2016, worth a combined $45.2M — up 7.2% from $42.1M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NBN positions and 5 closed out — a net gain of 10 holders — while 10 added to existing stakes and 5 trimmed.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $1.44M. The largest seller was Magnolia Group, cutting an estimated $6.76M.
- 38 institutional investors held Northeast Bank (NBN) as of Q4 2016, up from 29 in Q3 2016.
- Funds reported $45.2M of Northeast Bank stock for Q4 2016, up 7.2% quarter-over-quarter.
- 15 funds opened new Northeast Bank positions in Q4 2016 and 5 closed out, a net change of +10 holders.
- The largest Northeast Bank buyer in Q4 2016 was Kennedy Capital Management, an estimated $1.44M added.
- The largest Northeast Bank seller in Q4 2016 was Magnolia Group, an estimated $6.76M sold.
Based on aggregated 13F filings for Q4 2016.