Northeast Bank
96 hedge funds and large institutions have $198M invested in Northeast Bank in 2023 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 37 reducing their positions, and 6 closing their positions.
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
10% more funds holding
Funds holding: 87 → 96 (+9)
3% more capital invested
Capital invested by funds: $193M → $198M (+$5.45M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.58% less ownership
Funds ownership: 55.45% → 53.87% (-1.6%)
49% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.18M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.57M |
| 3 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
+$1.22M |
| 4 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$986K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$901K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCP
Jennifer C. Price
|
-$6.59M |
| 2 |
BlackRock
New York
|
-$2.83M |
| 3 |
BCM
Basswood Capital Management
New York
|
-$2.53M |
| 4 |
Goldman Sachs
New York
|
-$1.28M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$862K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Lazard Asset Management
New York
| – | -$35K | -847 | Closed |
|
|
C
102
Covestor
London,
United Kingdom
| – | -$1.03K | -23 | -79% |
|
NBN Hedge Fund Activity: Q3 2023 in Review
96 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q3 2023, worth a combined $198M — up 2.8% from $193M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new NBN positions and 6 closed out — a net gain of 10 holders — while 19 added to existing stakes and 37 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $6.18M. The largest seller was Jennifer C. Price, exiting entirely with an estimated $6.59M sold.
- 96 institutional investors held Northeast Bank (NBN) as of Q3 2023, up from 87 in Q2 2023.
- Funds reported $198M of Northeast Bank stock for Q3 2023, up 2.8% quarter-over-quarter.
- 16 funds opened new Northeast Bank positions in Q3 2023 and 6 closed out, a net change of +10 holders.
- The largest Northeast Bank buyer in Q3 2023 was Wellington Management Group, an estimated $6.18M added.
- The largest Northeast Bank seller in Q3 2023 was Jennifer C. Price, an estimated $6.59M sold.
Based on aggregated 13F filings for Q3 2023.