Northeast Bank
NBN
104 hedge funds and large institutions have $287M invested in Northeast Bank in 2024 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 35 increasing their positions, 30 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
17% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 30
14% more capital invested
Capital invested by funds: $253M → $287M (+$34.2M)
6% more funds holding
Funds holding: 98 → 104 (+6)
1.85% more ownership
Funds ownership: 58.68% → 60.54% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$12.4M |
| 2 |
BlackRock
New York
|
+$1.19M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.1M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$1.1M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$747K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$3.23M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$2.5M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.22M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.22M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
C
101
Covestor
London,
United Kingdom
| $2K | +$1.05K | +19 | +136% |
|
102
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $2K | +$1.93K | +35 | +1,750% |
|
|
FFA
103
Farther Finance Advisors
San Francisco,
California
| $853 | +$772 | +14 | New |
|
104
Osaic Holdings
Scottsdale,
Arizona
| $243 | +$221 | +4 | New |
|
|
BCM
105
Bridgeway Capital Management
Houston,
Texas
| – | -$546K | -9,868 | Closed |
|
|
EF
106
Empowered Funds
Havertown,
Pennsylvania
| – | -$546K | -9,868 | Closed |
|
|
AIG
107
American International Group
New York
| – | -$183K | -3,313 | Closed |
|
108
SG Americas Securities
New York
| – | -$135K | -2,444 | Closed |
|
|
QT
109
Quantbot Technologies
New York
| – | -$63.1K | -1,141 | Closed |
|
|
MLICM
110
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$23K | -416 | Closed |
|
|
CFM
111
Catalyst Funds Management
Sydney NSW,
Australia
| – | -$16.6K | -300 | Closed |
|
|
GEA
112
Glen Eagle Advisors
Kingston,
New Jersey
| – | -$5.53K | -100 | Closed |
|
|
AWM
113
Avior Wealth Management
Omaha,
Nebraska
| – | -$55 | -1 | Closed |
|
NBN Hedge Fund Activity: Q2 2024 in Review
104 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q2 2024, worth a combined $287M — up 14% from $253M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NBN positions and 9 closed out — a net gain of 6 holders — while 35 added to existing stakes and 30 trimmed.
The largest buyer was Boston Partners, adding an estimated $12.4M. The largest seller was Basswood Capital Management, cutting an estimated $3.23M.
- 104 institutional investors held Northeast Bank (NBN) as of Q2 2024, up from 98 in Q1 2024.
- Funds reported $287M of Northeast Bank stock for Q2 2024, up 14% quarter-over-quarter.
- 15 funds opened new Northeast Bank positions in Q2 2024 and 9 closed out, a net change of +6 holders.
- The largest Northeast Bank buyer in Q2 2024 was Boston Partners, an estimated $12.4M added.
- The largest Northeast Bank seller in Q2 2024 was Basswood Capital Management, an estimated $3.23M sold.
Based on aggregated 13F filings for Q2 2024.