Northeast Bank
98 hedge funds and large institutions have $253M invested in Northeast Bank in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 27 increasing their positions, 33 reducing their positions, and 8 closing their positions.
4.46% more ownership
Funds ownership: 54.23% → 58.68% (+4.5%)
1% more capital invested
Capital invested by funds: $250M → $253M (+$3.39M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 99 → 98 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
18% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.88M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$943K |
| 3 |
WSL
Western Standard LLC
Los Angeles,
California
|
+$899K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$784K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$702K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.25M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$819K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$675K |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$628K |
| 5 |
BlackRock
New York
|
-$531K |
NBN Hedge Fund Activity: Q1 2024 in Review
98 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Northeast Bank (NBN) for Q1 2024, worth a combined $253M — up 1.4% from $250M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NBN and 7 opened new positions — a net loss of 1 holder — while 33 trimmed existing stakes and 27 added.
The largest buyer was Wellington Management Group, adding an estimated $4.88M. The largest seller was Acadian Asset Management, cutting an estimated $1.25M.
- 98 institutional investors held Northeast Bank (NBN) as of Q1 2024, down from 99 in Q4 2023.
- Funds reported $253M of Northeast Bank stock for Q1 2024, up 1.4% quarter-over-quarter.
- 7 funds opened new Northeast Bank positions in Q1 2024 and 8 closed out, a net change of -1 holder.
- The largest Northeast Bank buyer in Q1 2024 was Wellington Management Group, an estimated $4.88M added.
- The largest Northeast Bank seller in Q1 2024 was Acadian Asset Management, an estimated $1.25M sold.
Based on aggregated 13F filings for Q1 2024.