We are live on ! Find out more
NBN icon

Northeast Bank
NBN

73 hedge funds and large institutions have $121M invested in Northeast Bank in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

18% more capital invested

Capital invested by funds: $102M → $121M (+$18.4M)

3.39% less ownership

Funds ownership: 74.27% → 70.88% (-3.4%)

5% less funds holding

Funds holding: 77 → 73 (-4)

24% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 25

40% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 10

Holders
73
Holders Change
-4
Holders Change %
-5.19%
% of All Funds
1.58%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
6
Increased
19
Reduced
25
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CCM
Castine Capital Management
Massachusetts
+$12.7M
2
PRCP
Pacific Ridge Capital Partners
Oregon
+$1.03M
3
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$616K
4
Two Sigma Investments
Two Sigma Investments
New York
+$410K
5
Renaissance Technologies
Renaissance Technologies
New York
+$342K

Top Sellers

Rank Fund Capital Flow
1
CGC
Continental Grain Company
New York
-$16.4M
2
Boston Partners
Boston Partners
Massachusetts
-$1.12M
3
SCP
Seizert Capital Partners
Michigan
-$1.08M
4
WSL
Western Standard LLC
California
-$725K
5
Victory Capital Management
Victory Capital Management
Texas
-$369K
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$1.24M +$23.4K +1,187 +2%
PCM
27
Perritt Capital Management
Illinois
$976K -$112K -5,691 -11%
MERSOM
28
Municipal Employees' Retirement System of Michigan
Michigan
$718K – – –
JP Morgan Chase
29
JP Morgan Chase
New York
$656K -$2.13K -108 -0.3%
Commonwealth Equity Services
30
Commonwealth Equity Services
Massachusetts
$620K -$11.3K -575 -2%
Acadian Asset Management
31
Acadian Asset Management
Massachusetts
$620K +$158K +8,001 +36%
Goldman Sachs
32
Goldman Sachs
New York
$587K +$789 +40 +0.1%
California Public Employees Retirement System
33
California Public Employees Retirement System
California
$553K – – –
Two Sigma Investments
34
Two Sigma Investments
New York
$430K +$410K +20,801 New
Deutsche Bank
35
Deutsche Bank
Germany
$357K -$15.3K -775 -4%
Charles Schwab
36
Charles Schwab
California
$353K – – –
EVC
37
Eidelman Virant Capital
Missouri
$346K -$5.92K -300 -2%
MWPCG
38
Measured Wealth Private Client Group
New Hampshire
$336K – – –
TCIM
39
TIAA CREF Investment Management
New York
$318K -$3.02K -153 -1%
Bessemer Group
40
Bessemer Group
New Jersey
$318K – – –
WF
41
Welch & Forbes
Massachusetts
$290K – – –
CA
42
Centerpoint Advisors
Massachusetts
$284K – – –
Jacobs Levy Equity Management
43
Jacobs Levy Equity Management
New Jersey
$275K -$138K -7,007 -34%
TA
44
Teachers Advisors
New York
$266K – – –
Arrowstreet Capital
45
Arrowstreet Capital
Massachusetts
$259K -$42.7K -2,166 -15%
California State Teachers Retirement System (CalSTRS)
46
California State Teachers Retirement System (CalSTRS)
California
$245K – – –
Morgan Stanley
47
Morgan Stanley
New York
$222K -$233K -11,804 -52%
RhumbLine Advisers
48
RhumbLine Advisers
Massachusetts
$207K -$987 -50 -0.5%
New York State Common Retirement Fund
49
New York State Common Retirement Fund
New York
$161K – – –
First Manhattan
50
First Manhattan
New York
$155K – – –
1
2
3 4

NBN Hedge Fund Activity: Q1 2019 in Review

73 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q1 2019, worth a combined $121M — up 18% from $102M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of NBN and 6 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 19 added.

The largest buyer was Castine Capital Management, opening a new position worth an estimated $12.7M. The largest seller was Continental Grain Company, cutting an estimated $16.4M.

  • 73 institutional investors held Northeast Bank (NBN) as of Q1 2019, down from 77 in Q4 2018.
  • Funds reported $121M of Northeast Bank stock for Q1 2019, up 18% quarter-over-quarter.
  • 6 funds opened new Northeast Bank positions in Q1 2019 and 10 closed out, a net change of -4 holders.
  • The largest Northeast Bank buyer in Q1 2019 was Castine Capital Management, an estimated $12.7M added.
  • The largest Northeast Bank seller in Q1 2019 was Continental Grain Company, an estimated $16.4M sold.

Based on aggregated 13F filings for Q1 2019.