Northeast Bank
76 hedge funds and large institutions have $133M invested in Northeast Bank in 2021 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 15 increasing their positions, 29 reducing their positions, and 12 closing their positions.
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
6% more funds holding
Funds holding: 72 → 76 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $134M → $133M (-$1.54M)
7.77% less ownership
Funds ownership: 61% → 53.23% (-7.8%)
48% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$5.95M |
| 2 |
Millennium Management
New York
|
+$3.03M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$1.31M |
| 4 |
Renaissance Technologies
New York
|
+$910K |
| 5 |
Morgan Stanley
New York
|
+$889K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$10.2M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$5.12M |
| 3 |
State Street
Boston,
Massachusetts
|
-$3.06M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.98M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$1.65M |
NBN Hedge Fund Activity: Q2 2021 in Review
76 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q2 2021, worth a combined $133M — down 1.1% from $134M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new NBN positions and 12 closed out — a net gain of 4 holders — while 15 added to existing stakes and 29 trimmed.
The largest buyer was Endeavour Capital Advisors, opening a new position worth an estimated $5.95M. The largest seller was BlackRock, cutting an estimated $10.2M.
- 76 institutional investors held Northeast Bank (NBN) as of Q2 2021, up from 72 in Q1 2021.
- Funds reported $133M of Northeast Bank stock for Q2 2021, down 1.1% quarter-over-quarter.
- 16 funds opened new Northeast Bank positions in Q2 2021 and 12 closed out, a net change of +4 holders.
- The largest Northeast Bank buyer in Q2 2021 was Endeavour Capital Advisors, an estimated $5.95M added.
- The largest Northeast Bank seller in Q2 2021 was BlackRock, an estimated $10.2M sold.
Based on aggregated 13F filings for Q2 2021.