Northeast Bank
66 hedge funds and large institutions have $127M invested in Northeast Bank in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 26 increasing their positions, 23 reducing their positions, and 6 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
0.09% more ownership
Funds ownership: 64.32% → 64.41% (+0.09%)
1% less capital invested
Capital invested by funds: $128M → $127M (-$864K)
7% less funds holding
Funds holding: 71 → 66 (-5)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$889K |
| 2 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$753K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$640K |
| 4 |
Renaissance Technologies
New York
|
+$483K |
| 5 |
BlackRock
New York
|
+$409K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$1.31M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$609K |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$538K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
-$452K |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$443K |
NBN Hedge Fund Activity: Q4 2019 in Review
66 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q4 2019, worth a combined $127M — down 0.67% from $128M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NBN and 1 opened new positions — a net loss of 5 holders — while 23 trimmed existing stakes and 26 added.
The largest buyer was Basswood Capital Management, adding an estimated $889K. The largest seller was Wedge Capital Management, exiting entirely with an estimated $1.31M sold.
- 66 institutional investors held Northeast Bank (NBN) as of Q4 2019, down from 71 in Q3 2019.
- Funds reported $127M of Northeast Bank stock for Q4 2019, down 0.67% quarter-over-quarter.
- 1 fund opened new Northeast Bank positions in Q4 2019 and 6 closed out, a net change of -5 holders.
- The largest Northeast Bank buyer in Q4 2019 was Basswood Capital Management, an estimated $889K added.
- The largest Northeast Bank seller in Q4 2019 was Wedge Capital Management, an estimated $1.31M sold.
Based on aggregated 13F filings for Q4 2019.