Northeast Bank
86 hedge funds and large institutions have $170M invested in Northeast Bank in 2022 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 16 closing their positions.
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
16% more capital invested
Capital invested by funds: $147M → $170M (+$23M)
14% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 22
8% more funds holding
Funds holding: 80 → 86 (+6)
4.06% more ownership
Funds ownership: 51.55% → 55.61% (+4.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$11.8M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$2.77M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.29M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.96M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.77M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$2.65M |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$2.1M |
| 4 |
Renaissance Technologies
New York
|
-$1.58M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
UBS Group
Zurich,
Switzerland
| – | -$37K | -1,099 | Closed |
|
|
CS
102
Credit Suisse
Zurich,
Switzerland
| – | +$109 | +3 | New |
|
NBN Hedge Fund Activity: Q2 2022 in Review
86 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q2 2022, worth a combined $170M — up 16% from $147M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new NBN positions and 16 closed out — a net gain of 7 holders — while 25 added to existing stakes and 22 trimmed.
The largest buyer was BlackRock, adding an estimated $11.8M. The largest seller was Millennium Management, exiting entirely with an estimated $4.77M sold.
- 86 institutional investors held Northeast Bank (NBN) as of Q2 2022, up from 80 in Q1 2022.
- Funds reported $170M of Northeast Bank stock for Q2 2022, up 16% quarter-over-quarter.
- 23 funds opened new Northeast Bank positions in Q2 2022 and 16 closed out, a net change of +7 holders.
- The largest Northeast Bank buyer in Q2 2022 was BlackRock, an estimated $11.8M added.
- The largest Northeast Bank seller in Q2 2022 was Millennium Management, an estimated $4.77M sold.
Based on aggregated 13F filings for Q2 2022.