Northeast Community Bancorp
NECB
69 hedge funds and large institutions have $87.4M invested in Northeast Community Bancorp in 2023 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 6 closing their positions.
18,500% more call options, than puts
Call options by funds: $186K | Put options by funds: $1K
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
6% more funds holding
Funds holding: 65 → 69 (+4)
2.58% less ownership
Funds ownership: 42.04% → 39.46% (-2.6%)
7% less capital invested
Capital invested by funds: $94.4M → $87.4M (-$6.98M)
21% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$710K |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$645K |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$426K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$424K |
| 5 |
BlackRock
New York
|
+$385K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$6.66M |
| 2 |
Millennium Management
New York
|
-$1.24M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$519K |
| 4 |
Morgan Stanley
New York
|
-$347K |
| 5 |
Goldman Sachs
New York
|
-$328K |
NECB Hedge Fund Activity: Q3 2023 in Review
69 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Northeast Community Bancorp (NECB) for Q3 2023, worth a combined $87.4M — down 7.4% from $94.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NECB positions and 6 closed out — a net gain of 5 holders — while 19 added to existing stakes and 24 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $710K. The largest seller was M3F Inc, cutting an estimated $6.66M.
- 69 institutional investors held Northeast Community Bancorp (NECB) as of Q3 2023, up from 65 in Q2 2023.
- Funds reported $87.4M of Northeast Community Bancorp stock for Q3 2023, down 7.4% quarter-over-quarter.
- 11 funds opened new Northeast Community Bancorp positions in Q3 2023 and 6 closed out, a net change of +5 holders.
- The largest Northeast Community Bancorp buyer in Q3 2023 was First Trust Advisors, an estimated $710K added.
- The largest Northeast Community Bancorp seller in Q3 2023 was M3F Inc, an estimated $6.66M sold.
Based on aggregated 13F filings for Q3 2023.