Northeast Bank
87 hedge funds and large institutions have $193M invested in Northeast Bank in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 36 increasing their positions, 20 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
80% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 20
33% more capital invested
Capital invested by funds: $145M → $193M (+$47.7M)
7% more funds holding
Funds holding: 81 → 87 (+6)
3.34% more ownership
Funds ownership: 52.11% → 55.45% (+3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.36M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$3.65M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$2.31M |
| 4 |
WSL
Western Standard LLC
Los Angeles,
California
|
+$1.11M |
| 5 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$807K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$3.09M |
| 2 |
JCP
Jennifer C. Price
|
-$2.65M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.28M |
| 4 |
Renaissance Technologies
New York
|
-$485K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$459K |
NBN Hedge Fund Activity: Q2 2023 in Review
87 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q2 2023, worth a combined $193M — up 33% from $145M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NBN positions and 4 closed out — a net gain of 6 holders — while 36 added to existing stakes and 20 trimmed.
The largest buyer was BlackRock, adding an estimated $5.36M. The largest seller was Endeavour Capital Advisors, cutting an estimated $3.09M.
- 87 institutional investors held Northeast Bank (NBN) as of Q2 2023, up from 81 in Q1 2023.
- Funds reported $193M of Northeast Bank stock for Q2 2023, up 33% quarter-over-quarter.
- 10 funds opened new Northeast Bank positions in Q2 2023 and 4 closed out, a net change of +6 holders.
- The largest Northeast Bank buyer in Q2 2023 was BlackRock, an estimated $5.36M added.
- The largest Northeast Bank seller in Q2 2023 was Endeavour Capital Advisors, an estimated $3.09M sold.
Based on aggregated 13F filings for Q2 2023.