Northeast Bank
72 hedge funds and large institutions have $134M invested in Northeast Bank in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 26 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
17% more capital invested
Capital invested by funds: $115M → $134M (+$19.6M)
6% more funds holding
Funds holding: 68 → 72 (+4)
4.38% more ownership
Funds ownership: 56.63% → 61% (+4.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.14M |
| 2 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$2.38M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$539K |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$423K |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
+$421K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$2.7M |
| 2 |
BCM
BHZ Capital Management
San Jose,
California
|
-$1.98M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.73M |
| 4 |
Renaissance Technologies
New York
|
-$662K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$613K |
NBN Hedge Fund Activity: Q1 2021 in Review
72 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q1 2021, worth a combined $134M — up 17% from $115M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NBN positions and 2 closed out — a net gain of 5 holders — while 21 added to existing stakes and 26 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $5.14M. The largest seller was Russell Investments Group, cutting an estimated $2.7M.
- 72 institutional investors held Northeast Bank (NBN) as of Q1 2021, up from 68 in Q4 2020.
- Funds reported $134M of Northeast Bank stock for Q1 2021, up 17% quarter-over-quarter.
- 7 funds opened new Northeast Bank positions in Q1 2021 and 2 closed out, a net change of +5 holders.
- The largest Northeast Bank buyer in Q1 2021 was Wellington Management Group, an estimated $5.14M added.
- The largest Northeast Bank seller in Q1 2021 was Russell Investments Group, an estimated $2.7M sold.
Based on aggregated 13F filings for Q1 2021.