Northeast Bank
77 hedge funds and large institutions have $102M invested in Northeast Bank in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 28 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
20.55% more ownership
Funds ownership: 53.72% → 74.27% (+21%)
13% more funds holding
Funds holding: 68 → 77 (+9)
7% more capital invested
Capital invested by funds: $95.9M → $102M (+$6.33M)
25% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.38M |
| 2 |
WSL
Western Standard LLC
Los Angeles,
California
|
+$1.35M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$1.27M |
| 4 |
BCM
Basswood Capital Management
New York
|
+$1.23M |
| 5 |
MFP
Michael F. Price
|
+$563K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$612K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$595K |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$585K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$481K |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$335K |
NBN Hedge Fund Activity: Q4 2018 in Review
77 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q4 2018, worth a combined $102M — up 6.6% from $95.9M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NBN positions and 2 closed out — a net gain of 9 holders — while 21 added to existing stakes and 28 trimmed.
The largest buyer was AllianceBernstein, opening a new position worth an estimated $1.38M. The largest seller was Renaissance Technologies, cutting an estimated $612K.
- 77 institutional investors held Northeast Bank (NBN) as of Q4 2018, up from 68 in Q3 2018.
- Funds reported $102M of Northeast Bank stock for Q4 2018, up 6.6% quarter-over-quarter.
- 11 funds opened new Northeast Bank positions in Q4 2018 and 2 closed out, a net change of +9 holders.
- The largest Northeast Bank buyer in Q4 2018 was AllianceBernstein, an estimated $1.38M added.
- The largest Northeast Bank seller in Q4 2018 was Renaissance Technologies, an estimated $612K sold.
Based on aggregated 13F filings for Q4 2018.