Northeast Bank
72 hedge funds and large institutions have $97.2M invested in Northeast Bank in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 23 reducing their positions, and 7 closing their positions.
4% more capital invested
Capital invested by funds: $93.5M → $97.2M (+$3.67M)
0% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 23
1% less funds holding
Funds holding: 73 → 72 (-1)
1.4% less ownership
Funds ownership: 56.9% → 55.51% (-1.4%)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.16M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$938K |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$843K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
+$564K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$362K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
-$1.02M |
| 2 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
-$975K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$666K |
| 4 |
Renaissance Technologies
New York
|
-$625K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$579K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Axa
Paris,
France
| – | -$247K | -12,070 | Closed |
|
77
Two Sigma Advisers
New York
| – | -$201K | -9,800 | Closed |
|
78
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$129K | -6,268 | Closed |
|
NBN Hedge Fund Activity: Q2 2018 in Review
72 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q2 2018, worth a combined $97.2M — up 3.9% from $93.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NBN and 6 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 23 added.
The largest buyer was BlackRock, adding an estimated $1.16M. The largest seller was Ativo Capital Management, exiting entirely with an estimated $1.02M sold.
- 72 institutional investors held Northeast Bank (NBN) as of Q2 2018, down from 73 in Q1 2018.
- Funds reported $97.2M of Northeast Bank stock for Q2 2018, up 3.9% quarter-over-quarter.
- 6 funds opened new Northeast Bank positions in Q2 2018 and 7 closed out, a net change of -1 holder.
- The largest Northeast Bank buyer in Q2 2018 was BlackRock, an estimated $1.16M added.
- The largest Northeast Bank seller in Q2 2018 was Ativo Capital Management, an estimated $1.02M sold.
Based on aggregated 13F filings for Q2 2018.