Northeast Bank
73 hedge funds and large institutions have $93.5M invested in Northeast Bank in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 26 increasing their positions, 25 reducing their positions, and 9 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 25
0.25% less ownership
Funds ownership: 57.15% → 56.9% (-0.25%)
6% less funds holding
Funds holding: 78 → 73 (-5)
11% less capital invested
Capital invested by funds: $105M → $93.5M (-$11.6M)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
+$1.63M |
| 2 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$1.59M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.22M |
| 4 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
+$1.07M |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$635K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$1.17M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$1.13M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$807K |
| 4 |
Millennium Management
New York
|
-$524K |
| 5 |
Axa
Paris,
France
|
-$442K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
76
Jefferies Group
New York
| – | -$213K | -9,203 | Closed |
|
77
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$198K | -8,536 | Closed |
|
78
Parallax Volatility Advisers
San Francisco,
California
| – | -$24.5K | -1,091 | -100% |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| – | -$12K | -536 | Closed |
|
|
AA
80
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$3K | -132 | Closed |
|
|
MA
81
MUFG Americas
New York
| – | -$2K | -70 | Closed |
|
82
Canada Life
Winnipeg,
Manitoba, Canada
| – | +$112 | +5 | New |
|
NBN Hedge Fund Activity: Q1 2018 in Review
73 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q1 2018, worth a combined $93.5M — down 11% from $105M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NBN and 5 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 26 added.
The largest buyer was BHZ Capital Management, adding an estimated $1.63M. The largest seller was Boston Partners, cutting an estimated $1.17M.
- 73 institutional investors held Northeast Bank (NBN) as of Q1 2018, down from 78 in Q4 2017.
- Funds reported $93.5M of Northeast Bank stock for Q1 2018, down 11% quarter-over-quarter.
- 5 funds opened new Northeast Bank positions in Q1 2018 and 9 closed out, a net change of -4 holders.
- The largest Northeast Bank buyer in Q1 2018 was BHZ Capital Management, an estimated $1.63M added.
- The largest Northeast Bank seller in Q1 2018 was Boston Partners, an estimated $1.17M sold.
Based on aggregated 13F filings for Q1 2018.