Northrim BanCorp
NRIM
58 hedge funds and large institutions have $97.6M invested in Northrim BanCorp in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
14% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 21
2% more funds holding
Funds holding: 57 → 58 (+1)
3% less capital invested
Capital invested by funds: $101M → $97.6M (-$3.27M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.92M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$616K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$560K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$511K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$492K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$3.68M |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$3.04M |
| 3 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
-$2.26M |
| 4 |
APFBOT
Amica Pension Fund Board of Trustees
Providence,
Rhode Island
|
-$1.23M |
| 5 |
MCM
Maltese Capital Management
New York
|
-$659K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SO
51
STRS Ohio
Columbus,
Ohio
| $34K | – | – | – |
|
52
Citigroup
New York
| $28K | -$40.9K | -6,632 | -58% |
|
|
U
53
UBS
Zurich,
Switzerland
| $23K | -$9.4K | -1,524 | -29% |
|
54
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $13K | – | – | – |
|
55
AllianceBernstein
Nashville,
Tennessee
| $5K | -$4.93K | -800 | -50% |
|
56
Barclays
London,
United Kingdom
| $5K | -$1.97K | -320 | -30% |
|
57
Bank of America
Charlotte,
North Carolina
| $4K | -$1.28K | -208 | -26% |
|
58
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $2.09K | +$83.3K | +13,512 | +4% |
|
|
AMI
59
Amica Mutual Insurance
Providence,
Rhode Island
| – | -$2.26M | -373,712 | Closed |
|
|
APFBOT
60
Amica Pension Fund Board of Trustees
Providence,
Rhode Island
| – | -$1.23M | -202,876 | Closed |
|
NRIM Hedge Fund Activity: Q3 2013 in Review
58 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Northrim BanCorp (NRIM) for Q3 2013, worth a combined $97.6M — down 3.2% from $101M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NRIM positions and 2 closed out — a net gain of 1 holder — while 24 added to existing stakes and 21 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $7.92M. The largest seller was Lord, Abbett & Co, cutting an estimated $3.68M.
- 58 institutional investors held Northrim BanCorp (NRIM) as of Q3 2013, up from 57 in Q2 2013.
- Funds reported $97.6M of Northrim BanCorp stock for Q3 2013, down 3.2% quarter-over-quarter.
- 3 funds opened new Northrim BanCorp positions in Q3 2013 and 2 closed out, a net change of +1 holder.
- The largest Northrim BanCorp buyer in Q3 2013 was Fidelity Investments, an estimated $7.92M added.
- The largest Northrim BanCorp seller in Q3 2013 was Lord, Abbett & Co, an estimated $3.68M sold.
Based on aggregated 13F filings for Q3 2013.