Northeast Community Bancorp
NECB
80 hedge funds and large institutions have $101M 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
16% more funds holding
Funds holding: 69 → 80 (+11)
16% more capital invested
Capital invested by funds: $87.4M → $101M (+$13.8M)
0.71% more ownership
Funds ownership: 39.46% → 40.18% (+0.71%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 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 |
EI
EAM Investors
Solana Beach,
California
|
+$757K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$6.75M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.52M |
| 3 |
Millennium Management
New York
|
-$538K |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$435K |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$426K |
NECB Hedge Fund Activity: Q4 2023 in Review
80 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Northeast Community Bancorp (NECB) for Q4 2023, worth a combined $101M — up 16% 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 $101M of Northeast Community Bancorp stock for Q4 2023, up 16% 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.