Northeast Bank
57 hedge funds and large institutions have $94M invested in Northeast Bank in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 25 reducing their positions, and 6 closing their positions.
4% more capital invested
Capital invested by funds: $90.4M → $94M (+$3.67M)
0.76% less ownership
Funds ownership: 57.51% → 56.75% (-0.76%)
3% less funds holding
Funds holding: 59 → 57 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
36% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 25
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$3.56M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$2.45M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$2.33M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$364K |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$237K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
-$570K |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$539K |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$437K |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$335K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$334K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BNP Paribas Financial Markets
Paris,
France
| $27.6K | +$22.7K | +1,275 | +569% |
|
52
Federated Hermes
Pittsburgh,
Pennsylvania
| $19K | – | – | – |
|
53
UBS Group
Zurich,
Switzerland
| $18K | -$26.3K | -1,477 | -60% |
|
54
Legal & General Group
London,
United Kingdom
| $13K | -$4.76K | -268 | -28% |
|
|
AIP
55
Ameritas Investment Partners
Lincoln,
Nebraska
| $12K | – | – | – |
|
56
Citigroup
New York
| $7K | -$11.7K | -660 | -64% |
|
57
Royal Bank of Canada
Toronto,
Ontario, Canada
| $6K | – | – | – |
|
|
CCM
58
Castine Capital Management
Boston,
Massachusetts
| – | -$7.4M | -421,708 | Closed |
|
|
MAM
59
Martingale Asset Management
Boston,
Massachusetts
| – | -$294K | -16,700 | Closed |
|
60
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$57K | -3,235 | Closed |
|
|
BGIM
61
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$47K | -2,669 | Closed |
|
|
FHA
62
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$1K | -90 | Closed |
|
NBN Hedge Fund Activity: Q3 2020 in Review
57 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q3 2020, worth a combined $94M — up 4.1% from $90.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NBN and 4 opened new positions — a net loss of 2 holders — while 25 trimmed existing stakes and 16 added.
The largest buyer was Stifel Financial, opening a new position worth an estimated $3.56M. The largest seller was BHZ Capital Management, cutting an estimated $570K.
- 57 institutional investors held Northeast Bank (NBN) as of Q3 2020, down from 59 in Q2 2020.
- Funds reported $94M of Northeast Bank stock for Q3 2020, up 4.1% quarter-over-quarter.
- 4 funds opened new Northeast Bank positions in Q3 2020 and 6 closed out, a net change of -2 holders.
- The largest Northeast Bank buyer in Q3 2020 was Stifel Financial, an estimated $3.56M added.
- The largest Northeast Bank seller in Q3 2020 was BHZ Capital Management, an estimated $570K sold.
Based on aggregated 13F filings for Q3 2020.