Northeast Bank
98 hedge funds and large institutions have $253M invested in Northeast Bank in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 34 reducing their positions, and 8 closing their positions.
3.9% more ownership
Funds ownership: 54.78% → 58.68% (+3.9%)
0% more capital invested
Capital invested by funds: $252M → $253M (+$823K)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 99 → 98 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
24% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.88M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$943K |
| 3 |
WSL
Western Standard LLC
Los Angeles,
California
|
+$899K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$784K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$702K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.42M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.25M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$819K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$675K |
| 5 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$628K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
LSV Asset Management
Chicago,
Illinois
| – | -$320K | -5,800 | Closed |
|
102
AQR Capital Management
Greenwich,
Connecticut
| – | -$225K | -4,074 | Closed |
|
|
MA
103
Montag & Associates
Atlanta,
Georgia
| – | -$221K | -4,000 | Closed |
|
|
AWM
104
AE Wealth Management
Topeka,
Kansas
| – | -$222K | -3,991 | Closed |
|
|
WTG
105
West Tower Group
Richmond,
Virginia
| – | -$55.5K | -1,005 | Closed |
|
106
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$107 | +2 | New |
|
NBN Hedge Fund Activity: Q1 2024 in Review
98 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q1 2024, worth a combined $253M — up 0.33% from $252M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NBN and 7 opened new positions — a net loss of 1 holder — while 34 trimmed existing stakes and 26 added.
The largest buyer was Wellington Management Group, adding an estimated $4.88M. The largest seller was Morgan Stanley, cutting an estimated $2.42M.
- 98 institutional investors held Northeast Bank (NBN) as of Q1 2024, down from 99 in Q4 2023.
- Funds reported $253M of Northeast Bank stock for Q1 2024, up 0.33% quarter-over-quarter.
- 7 funds opened new Northeast Bank positions in Q1 2024 and 8 closed out, a net change of -1 holder.
- The largest Northeast Bank buyer in Q1 2024 was Wellington Management Group, an estimated $4.88M added.
- The largest Northeast Bank seller in Q1 2024 was Morgan Stanley, an estimated $2.42M sold.
Based on aggregated 13F filings for Q1 2024.