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Northeast Bank

33 hedge funds and large institutions have $39.5M invested in Northeast Bank in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

500% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 1

20% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 5

18% more funds holding

Funds holding: 2833 (+5)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less capital invested

Capital invested by funds: $41.1M → $39.5M (-$1.66M)

Holders
33
Holders Change
+5
Holders Change %
+17.86%
% of All Funds
0.88%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
6
Increased
6
Reduced
5
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MG
1
Magnolia Group
Nebraska
$8.55M -$440K -42,894 -5%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$6.97M
Franklin Resources
3
Franklin Resources
California
$4.88M
MFP
4
Michael F. Price
$3.84M
SC
5
SRB Corp
Massachusetts
$3.79M
Boston Partners
6
Boston Partners
Massachusetts
$2.54M +$13.7K +1,330 +0.6%
SAS
7
Spectrum Advisory Services
Georgia
$1.51M
RFC
8
Russell Frank Company
Washington
$1.26M -$383K -37,288 -24%
Vanguard Group
9
Vanguard Group
Pennsylvania
$1.18M +$26.7K +2,600 +2%
AllianceBernstein
10
AllianceBernstein
Tennessee
$1.03M -$66.2K -6,453 -6%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$639K
LSV Asset Management
12
LSV Asset Management
Illinois
$631K +$92.5K +9,013 +18%
BCM
13
BHZ Capital Management
California
$579K +$78.8K +7,673 +16%
MERSOM
14
Municipal Employees' Retirement System of Michigan
Michigan
$491K
BCM
15
Bridgeway Capital Management
Texas
$371K
BGIM
16
Brandywine Global Investment Management
Pennsylvania
$326K
California Public Employees Retirement System
17
California Public Employees Retirement System
California
$284K
WF
18
Welch & Forbes
Massachusetts
$149K
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$134K
State Street
20
State Street
Massachusetts
$111K
Morgan Stanley
21
Morgan Stanley
New York
$70K +$842 +82 +1%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$53K
First Manhattan
23
First Manhattan
New York
$24K
AIM
24
Acrospire Investment Management
Illinois
$22K +$20.8K +2,030 New
TRCT
25
Tower Research Capital (TRC)
New York
$17K +$16.8K +1,636 New

NBN Hedge Fund Activity: Q1 2016 in Review

33 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q1 2016, worth a combined $39.5M — down 4% from $41.1M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new NBN positions and 1 closed out — a net gain of 5 holders — while 6 added to existing stakes and 5 trimmed.

The largest buyer was LSV Asset Management, adding an estimated $92.5K. The largest seller was Birch Run Capital Advisors, exiting entirely with an estimated $1.16M sold.

  • 33 institutional investors held Northeast Bank (NBN) as of Q1 2016, up from 28 in Q4 2015.
  • Funds reported $39.5M of Northeast Bank stock for Q1 2016, down 4% quarter-over-quarter.
  • 6 funds opened new Northeast Bank positions in Q1 2016 and 1 closed out, a net change of +5 holders.
  • The largest Northeast Bank buyer in Q1 2016 was LSV Asset Management, an estimated $92.5K added.
  • The largest Northeast Bank seller in Q1 2016 was Birch Run Capital Advisors, an estimated $1.16M sold.

Based on aggregated 13F filings for Q1 2016.