National Bankshares
NKSH
51 hedge funds and large institutions have $68M invested in National Bankshares in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
2% more funds holding
Funds holding: 50 → 51 (+1)
3% less capital invested
Capital invested by funds: $70.1M → $68M (-$2.07M)
11% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRECA
National Rural Electric Cooperative Association
Arlington,
Virginia
|
+$1.2M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$290K |
| 3 |
Citigroup
New York
|
+$112K |
| 4 |
State Street
Boston,
Massachusetts
|
+$30.2K |
| 5 |
EARNEST Partners
Atlanta,
Georgia
|
+$25.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$2.31M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$1.06M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$469K |
| 4 |
Bank of New York Mellon
New York
|
-$426K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$284K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $221 | +$9.98K | +277 | +5% |
|
|
RA
52
Royce & Associates
New York
| – | -$2.31M | -64,485 | Closed |
|
|
53
Bessemer Group
Woodbridge,
New Jersey
| – | -$469K | -13,080 | Closed |
|
54
Ameriprise
Minneapolis,
Minnesota
| – | -$16K | -433 | Closed |
|
55
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4K | -113 | Closed |
|
NKSH Hedge Fund Activity: Q4 2013 in Review
51 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in National Bankshares (NKSH) for Q4 2013, worth a combined $68M — down 3% from $70.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NKSH positions and 4 closed out — a net gain of 2 holders — while 17 added to existing stakes and 19 trimmed.
The largest buyer was National Rural Electric Cooperative Association, adding an estimated $1.2M. The largest seller was Royce & Associates, exiting entirely with an estimated $2.31M sold.
- 51 institutional investors held National Bankshares (NKSH) as of Q4 2013, up from 50 in Q3 2013.
- Funds reported $68M of National Bankshares stock for Q4 2013, down 3% quarter-over-quarter.
- 6 funds opened new National Bankshares positions in Q4 2013 and 4 closed out, a net change of +2 holders.
- The largest National Bankshares buyer in Q4 2013 was National Rural Electric Cooperative Association, an estimated $1.2M added.
- The largest National Bankshares seller in Q4 2013 was Royce & Associates, an estimated $2.31M sold.
Based on aggregated 13F filings for Q4 2013.