Northeast Bank
99 hedge funds and large institutions have $252M invested in Northeast Bank in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 27 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
27% more capital invested
Capital invested by funds: $198M → $252M (+$54.1M)
22% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 27
3% more funds holding
Funds holding: 96 → 99 (+3)
0.91% more ownership
Funds ownership: 53.87% → 54.78% (+0.91%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.59M |
| 2 |
Morgan Stanley
New York
|
+$2.73M |
| 3 |
BlackRock
New York
|
+$1.71M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$746K |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$743K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.91M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$1.42M |
| 3 |
BCM
Basswood Capital Management
New York
|
-$1.38M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$977K |
| 5 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$822K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Marshall Wace
London,
United Kingdom
| – | -$231K | -5,241 | Closed |
|
|
DWA
102
Dorsey Wright & Associates
Pasadena,
California
| – | -$35.5K | -806 | Closed |
|
|
QT
103
Quantbot Technologies
New York
| – | -$25K | -566 | Closed |
|
|
ACM
104
Aquatic Capital Management
Chicago,
Illinois
| – | -$9K | -200 | Closed |
|
|
C
105
Covestor
London,
United Kingdom
| – | -$300 | -6 | Closed |
|
NBN Hedge Fund Activity: Q4 2023 in Review
99 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q4 2023, worth a combined $252M — up 27% from $198M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NBN positions and 6 closed out — a net gain of 4 holders — while 33 added to existing stakes and 27 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $3.59M. The largest seller was Goldman Sachs, cutting an estimated $1.91M.
- 99 institutional investors held Northeast Bank (NBN) as of Q4 2023, up from 96 in Q3 2023.
- Funds reported $252M of Northeast Bank stock for Q4 2023, up 27% quarter-over-quarter.
- 10 funds opened new Northeast Bank positions in Q4 2023 and 6 closed out, a net change of +4 holders.
- The largest Northeast Bank buyer in Q4 2023 was Wellington Management Group, an estimated $3.59M added.
- The largest Northeast Bank seller in Q4 2023 was Goldman Sachs, an estimated $1.91M sold.
Based on aggregated 13F filings for Q4 2023.