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Northeast Community Bancorp

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.

New
Increased
Maintained
Reduced
Closed

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: 23 (+1)

6% more funds holding

Funds holding: 6569 (+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

Holders
69
Holders Change
+4
Holders Change %
+6.15%
% of All Funds
1.1%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
11
Increased
19
Reduced
24
Closed
6
Calls
$186K
Puts
$1K
Net Calls
+$185K
Net Calls Change
-$3.48M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$14.2M +$385K +24,521 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$12.5M -$215K -13,719 -2%
MI
3
M3F Inc
Utah
$12.4M -$6.66M -424,742 -34%
Geode Capital Management
4
Geode Capital Management
Massachusetts
$4.04M +$125K +7,987 +3%
Arrowstreet Capital
5
Arrowstreet Capital
Massachusetts
$3.96M +$424K +27,041 +11%
Hotchkis & Wiley Capital Management
6
Hotchkis & Wiley Capital Management
California
$2.93M -$7.84K -500 -0.3%
State Street
7
State Street
Massachusetts
$2.81M +$384K +24,490 +15%
AllianceBernstein
8
AllianceBernstein
Tennessee
$2.71M
BCM
9
BHZ Capital Management
California
$2.58M +$20.4K +1,298 +0.7%
Acadian Asset Management
10
Acadian Asset Management
Massachusetts
$2.46M -$519K -33,078 -17%
SV
11
Stilwell Value
New York
$2.07M
Renaissance Technologies
12
Renaissance Technologies
New York
$1.96M -$130K -8,300 -6%
Northern Trust
13
Northern Trust
Illinois
$1.74M -$15.3K -973 -0.8%
HAI
14
Hennessy Advisors Inc
California
$1.72M -$216K -13,767 -11%
RVPG
15
Relative Value Partners Group
$1.47M -$80.5K -5,129 -5%
BCM
16
Bridgeway Capital Management
Texas
$1.46M +$57K +3,634 +4%
Goldman Sachs
17
Goldman Sachs
New York
$1.23M -$328K -20,911 -20%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$1.18M +$63 +4 +0%
Millennium Management
19
Millennium Management
New York
$1.1M -$1.24M -79,203 -51%
N
20
Nuveen
North Carolina
$1.05M +$426K +27,150 +61%
RA
21
Raffles Associates
New York
$1M
Bank of New York Mellon
22
Bank of New York Mellon
New York
$996K +$110K +7,016 +12%
KTA
23
Keeley-Teton Advisors
Illinois
$781K -$1.57K -100 -0.2%
Connor, Clark & Lunn Investment Management (CC&L)
24
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$683K -$37.9K -2,419 -5%
EF
25
Empowered Funds
Pennsylvania
$673K +$57K +3,634 +9%

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.