Northeast Community Bancorp
NECB
65 hedge funds and large institutions have $94.4M invested in Northeast Community Bancorp in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 16 closing their positions.
183,250% more call options, than puts
Call options by funds: $3.67M | Put options by funds: $2K
31% more capital invested
Capital invested by funds: $71.9M → $94.4M (+$22.5M)
25% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 16
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
8.13% more ownership
Funds ownership: 33.91% → 42.04% (+8.1%)
3% more funds holding
Funds holding: 63 → 65 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.07M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.62M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.31M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quadrature Capital
London,
United Kingdom
|
-$1.55M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$1.55M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.34M |
| 4 |
Jane Street
New York
|
-$1.17M |
| 5 |
Millennium Management
New York
|
-$674K |
NECB Hedge Fund Activity: Q2 2023 in Review
65 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Northeast Community Bancorp (NECB) for Q2 2023, worth a combined $94.4M — up 31% from $71.9M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NECB positions and 16 closed out — a net gain of 2 holders — while 20 added to existing stakes and 16 trimmed.
The largest buyer was BlackRock, adding an estimated $10.2M. The largest seller was Quadrature Capital, exiting entirely with an estimated $1.55M sold.
- 65 institutional investors held Northeast Community Bancorp (NECB) as of Q2 2023, up from 63 in Q1 2023.
- Funds reported $94.4M of Northeast Community Bancorp stock for Q2 2023, up 31% quarter-over-quarter.
- 18 funds opened new Northeast Community Bancorp positions in Q2 2023 and 16 closed out, a net change of +2 holders.
- The largest Northeast Community Bancorp buyer in Q2 2023 was BlackRock, an estimated $10.2M added.
- The largest Northeast Community Bancorp seller in Q2 2023 was Quadrature Capital, an estimated $1.55M sold.
Based on aggregated 13F filings for Q2 2023.