Northeast Bank
77 hedge funds and large institutions have $109M invested in Northeast Bank in 2017 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
35% more capital invested
Capital invested by funds: $80.4M → $109M (+$28.2M)
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
13% more funds holding
Funds holding: 68 → 77 (+9)
2.43% more ownership
Funds ownership: 50.46% → 52.89% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$2.92M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$2.7M |
| 3 |
BlackRock
New York
|
+$1.51M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.43M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
SRB Corp
Boston,
Massachusetts
|
-$7.27M |
| 2 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$1.17M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.01M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$734K |
| 5 |
MFP
Michael F. Price
|
-$710K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
76
AlphaMark Advisors
Ft. Wright,
Kentucky
| $3K | – | – | – |
|
|
MA
77
MUFG Americas
New York
| $3K | – | – | – |
|
|
SC
78
SRB Corp
Boston,
Massachusetts
| – | -$7.27M | -357,041 | Closed |
|
|
WSL
79
Western Standard LLC
Los Angeles,
California
| – | -$706K | -34,670 | Closed |
|
|
EGA
80
Eagle Global Advisors
Houston,
Texas
| – | -$228K | -11,224 | Closed |
|
|
AIM
81
Acrospire Investment Management
Chicago,
Illinois
| – | -$42K | -2,084 | Closed |
|
82
Creative Planning
Overland Park,
Kansas
| – | -$11K | -525 | Closed |
|
|
DADC
83
D.A. Davidson & Co
Great Falls,
Montana
| – | -$8K | -395 | Closed |
|
NBN Hedge Fund Activity: Q3 2017 in Review
77 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q3 2017, worth a combined $109M — up 35% from $80.4M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NBN positions and 6 closed out — a net gain of 9 holders — while 26 added to existing stakes and 21 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $2.92M. The largest seller was SRB Corp, exiting entirely with an estimated $7.27M sold.
- 77 institutional investors held Northeast Bank (NBN) as of Q3 2017, up from 68 in Q2 2017.
- Funds reported $109M of Northeast Bank stock for Q3 2017, up 35% quarter-over-quarter.
- 15 funds opened new Northeast Bank positions in Q3 2017 and 6 closed out, a net change of +9 holders.
- The largest Northeast Bank buyer in Q3 2017 was Russell Investments Group, an estimated $2.92M added.
- The largest Northeast Bank seller in Q3 2017 was SRB Corp, an estimated $7.27M sold.
Based on aggregated 13F filings for Q3 2017.