Northeast Community Bancorp
NECB
80 hedge funds and large institutions have $102M invested in Northeast Community Bancorp in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 32 increasing their positions, 23 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
39% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 23
17% more capital invested
Capital invested by funds: $87.4M → $102M (+$14.5M)
16% more funds holding
Funds holding: 69 → 80 (+11)
0.99% more ownership
Funds ownership: 39.46% → 40.45% (+0.99%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$1.64M |
| 2 |
BlackRock
New York
|
+$1.62M |
| 3 |
Renaissance Technologies
New York
|
+$1.02M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$928K |
| 5 |
Morgan Stanley
New York
|
+$855K |
Top Sellers
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$6.75M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.52M |
| 3 |
Millennium Management
New York
|
-$538K |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$435K |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$426K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fidelity Investments
Boston,
Massachusetts
| $5.8K | +$5.16K | +318 | +3,533% |
|
77
Russell Investments Group
London,
United Kingdom
| $1.33K | +$114 | +7 | +10% |
|
|
C
78
Covestor
London,
United Kingdom
| $1K | +$390 | +24 | +77% |
|
|
EC
79
EntryPoint Capital
New York
| $124 | +$114 | +7 | New |
|
|
GI
80
GAMMA Investing
Foster City,
California
| $17 | +$16 | +1 | New |
|
81
SEI Investments
Oaks,
Pennsylvania
| – | -$155K | -10,514 | Closed |
|
|
SIA
82
SkyView Investment Advisors
Shrewsbury,
New Jersey
| – | -$59K | -3,991 | Closed |
|
|
DWA
83
Dorsey Wright & Associates
Pasadena,
California
| – | -$23.2K | -1,572 | Closed |
|
NECB Hedge Fund Activity: Q4 2023 in Review
80 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Northeast Community Bancorp (NECB) for Q4 2023, worth a combined $102M — up 17% from $87.4M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NECB positions and 3 closed out — a net gain of 11 holders — while 32 added to existing stakes and 23 trimmed.
The largest buyer was Mangrove Partners, opening a new position worth an estimated $1.64M. The largest seller was M3F Inc, cutting an estimated $6.75M.
- 80 institutional investors held Northeast Community Bancorp (NECB) as of Q4 2023, up from 69 in Q3 2023.
- Funds reported $102M of Northeast Community Bancorp stock for Q4 2023, up 17% quarter-over-quarter.
- 14 funds opened new Northeast Community Bancorp positions in Q4 2023 and 3 closed out, a net change of +11 holders.
- The largest Northeast Community Bancorp buyer in Q4 2023 was Mangrove Partners, an estimated $1.64M added.
- The largest Northeast Community Bancorp seller in Q4 2023 was M3F Inc, an estimated $6.75M sold.
Based on aggregated 13F filings for Q4 2023.