Northeast Bank
68 hedge funds and large institutions have $80.4M invested in Northeast Bank in 2017 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 19 increasing their positions, 9 reducing their positions, and 4 closing their positions.
625% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 4
111% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 9
58% more funds holding
Funds holding: 43 → 68 (+25)
43% more capital invested
Capital invested by funds: $56.3M → $80.4M (+$24.1M)
1.44% more ownership
Funds ownership: 49.02% → 50.46% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$1.37M |
| 2 |
Renaissance Technologies
New York
|
+$1.1M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.1M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.1M |
| 5 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.52M |
| 2 |
MFP
Michael F. Price
|
-$2.32M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.26M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$1.34M |
| 5 |
WSL
Western Standard LLC
Los Angeles,
California
|
-$595K |
NBN Hedge Fund Activity: Q2 2017 in Review
68 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q2 2017, worth a combined $80.4M — up 43% from $56.3M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new NBN positions and 4 closed out — a net gain of 25 holders — while 19 added to existing stakes and 9 trimmed.
The largest buyer was State Street, adding an estimated $1.37M. The largest seller was Wellington Management Group, cutting an estimated $2.52M.
- 68 institutional investors held Northeast Bank (NBN) as of Q2 2017, up from 43 in Q1 2017.
- Funds reported $80.4M of Northeast Bank stock for Q2 2017, up 43% quarter-over-quarter.
- 29 funds opened new Northeast Bank positions in Q2 2017 and 4 closed out, a net change of +25 holders.
- The largest Northeast Bank buyer in Q2 2017 was State Street, an estimated $1.37M added.
- The largest Northeast Bank seller in Q2 2017 was Wellington Management Group, an estimated $2.52M sold.
Based on aggregated 13F filings for Q2 2017.