Northrim BanCorp
NRIM
98 hedge funds and large institutions have $211M invested in Northrim BanCorp in 2024 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 27 increasing their positions, 32 reducing their positions, and 3 closing their positions.
633% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 3
24% more funds holding
Funds holding: 79 → 98 (+19)
14% more capital invested
Capital invested by funds: $184M → $211M (+$26.7M)
0.9% more ownership
Funds ownership: 265.4% → 266.31% (+0.9%)
16% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$2.1M |
| 2 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$1.02M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$702K |
| 4 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$511K |
| 5 |
Goldman Sachs
New York
|
+$490K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$2.2M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$1.16M |
| 3 |
BlackRock
New York
|
-$531K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$468K |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$419K |
NRIM Hedge Fund Activity: Q2 2024 in Review
98 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q2 2024, worth a combined $211M — up 14% from $184M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new NRIM positions and 3 closed out — a net gain of 19 holders — while 27 added to existing stakes and 32 trimmed.
The largest buyer was Zacks Investment Management, opening a new position worth an estimated $2.1M. The largest seller was Ancora Advisors, cutting an estimated $2.2M.
- 98 institutional investors held Northrim BanCorp (NRIM) as of Q2 2024, up from 79 in Q1 2024.
- Funds reported $211M of Northrim BanCorp stock for Q2 2024, up 14% quarter-over-quarter.
- 22 funds opened new Northrim BanCorp positions in Q2 2024 and 3 closed out, a net change of +19 holders.
- The largest Northrim BanCorp buyer in Q2 2024 was Zacks Investment Management, an estimated $2.1M added.
- The largest Northrim BanCorp seller in Q2 2024 was Ancora Advisors, an estimated $2.2M sold.
Based on aggregated 13F filings for Q2 2024.